The NEW waiting to exchange thread...

[Deleted User]

YAY!

Finally, contracts signed, mortgage deed sent with exchange set for Friday.

Everything crossed.

Sib2018

We where meant to exchange yesterday or today still nothing, we have a good relationship with our buyers they paid their deposit yesterday. We are still on for this Friday apprently but no exchange yet what is going on???. Our solicitors say they are waiting for the other but our buyer states theirs are waiting for mine. I wish solicitors would just speak to each other.

Sib2018

Our buyer has chased their solicitor and they have informed ours they are ready. Our solicitor is just waiting for our lender to confirm funds will be ready for Friday, then we can exchange and all done. Will this nightmare ever end.

happytails

happytails wrote: »

Hi Slinky and Fisa,

Just popped over after Fisa mentioned people were wondering about my situation over from Mortgages sub forum

In it for the long haul it seems. Back to August when our sale fell through, we kept property on the market a further 7 weeks and then removed it. A lot of discussion later we decided to remortgage, release equity and do the house up. Will aim to sell again this year. In September, the owner of the house we wanted also took hers off the market temporarily for 6 months. In October we try to obtain a mortgage but the underwriters declined us due to going over our overdraft :eek: accidentally in September. This meant a 3 month wait to be able to produce 3 months clear bank statements. Roll on to February we get back in touch with our mortgage advisor who sets it in motion for a remortgage with Virgin. Valaution is tomorrow! The house we want is now back on the market - however im more relaxed at the moment - what will be will be!

Our aim is to replace the roof, soffits & faschias, flat roof, totally re render the exterior of house and do the driveway/front of house with paving. Inside will see new budget carpet throughout upstairs, service of the boiler, some minor cosmetic repairs & another good declutter :rotfl: we are also paying off £10000 worth of debt too so its a good move even if we dont manage to sell this year.

Hopefully I will be back on here in no time *crosses fingers and toes*

Sarah

Dont know if anyone is still on here from back in March or indeed 2017 when my saga began, but im back in here now! :T

House went on market late July, offer received 27th September and the chain is complete now, 4 sets of people in it - not too bad i hope! I'm crossing my fingers for a pre Christmas house move.

Timeline -

27/09 - Offer accepted on ours and our offer accepted on new house
28/09 - Solicitors appointed
02/10 - Mortgage advisor submits application to port existing mortgage and borrow an additional £88,500 - she seems confident and has submitted an AIP to the estate agents to prove funds.

Waiting now for the valuation on the house below us in the chain, once thats done I imagine the survey on our current house will get carried out and then it'll be our turn. Once the solicitors get the memorandum of sale they'll be sending out the paperwork.

We've been actively trying to move house for over 18 months so crossing everything that this is it for us this time :j

Sarah

Sanne

We’ve now done everything ready for exchange, the chain was ready weeks ago before a buyer pulled out so hoping all goes smoothly.

28/08 - offer on house 2 made and instructed solicitor to hold fire on house 1
30/08 - offer on house 2 accepted
30/08 - 1st full mortgage application cancelled and new full mortgage application submitted via broker
03/09 - survey for homebuyer report taken place
07/09 - valuation survey taken place
07/09 - received search results from our solicitor (some purchased from previous buyer’s solicitor hence that quick). Solicior also received draft contract & other paperwork from seller’s solicitor this week
10/09 - received mortgage offer (email, waiting for paper version)
11/09 - checked in with solicitor and confirmed that all search results are back and they’ll go through paperwork in a couple of days when solicitor is Backform holiday
14/09 - finally received survey report. Few things flagged up and losing the will to live trying to get someone to quote for the work
25/09 - chain has agreed to completion date of 19/10. Should receive contract at the end of this week to sign.
28/09 - contract and other paperwork received, one enquiry still outstanding
02/10 - contract/other paperwork signed and returned, hubby’s passport renewed and certified copy sent and attempt number three with savings account statements. Exchange ASAP - hopefully competing 19/10 (chain agreed to that day).
03/10 - deposit paid

jennhg88

• House valued for part ex - 11 Sep
• Accepted offer! We're getting our new house!! - 13 Sep
• Updated reservation form received - 17 Sep
• Amended mortgage offer for increased amount received - 17 Sep
• Additional enquiries and fixtures&fittings list completed - 21Sep
• Sales manager visit complete - 21 Sep
• Further enquiries returned - 30 Sep
• TR1 signed and returned - 03 Oct

Argh hope its not too much longer now!!

Abi2018

Impatient_Coconut wrote: »

YAY!

Finally, contracts signed, mortgage deed sent with exchange set for Friday.

Everything crossed.

Yay! Fingers crossed for you! I've just received my contract finally so will be signing it shortly!

[Deleted User]

Abi2018 wrote: »

Yay! Fingers crossed for you! I've just received my contract finally so will be signing it shortly!

Fab, you never know we might end up exchanging and completing the same day!

Were exchanging tomorrow now with completion on the 12th.

Sib2018

We move tomorrow.

s_glover

Haven't updated for a while as there's not been too much progress but things are finally moving

April 18 Informal mortgage offer
17/04/18 Put our house on the market
20/06/18 Accepted an offer on our house
09/07/18 Valuation on our house
17/07/18 Had our offer accepted on new house
18/07/18 Homebuyers survey completed on our house
01/08/18 Formal Mortgage Application Made and DIP given (subject valuation and paperwork)
06/08/18 Instructed surveyor to carry out Homebuyer Report
09/08/18 Received enquires from buyers and replied
10/08/18 Homebuyers Survey being completed on our purchase
28/08/18 Informed mortgage approved
20/8/18 Advised by solicitors 5/6 searches are back. Awaiting local search due on 17/9/18
Enquiries being dealt with.
07/09/18 Mortgage paperwork signed and ready to sent to solicitors

NEW
24/09/18 Report from solicitor on local search, all outstanding and new enquiries raised with solicitor
03/10/18 Email from solicitor with answers to most enquiries, 4/5 still awaiting an answer from the vendor. Arranged to view the house again on 07/10/18 to allow us to check things, measure up and ask a few questions. Starting discussing completions dates, maybe the w/c 22nd Oct.