The NEW waiting to exchange thread...

Jaba123

Thank you! Good idea about staying proactive. I think I just need to accept it’s not going to be next week. Waiting to hear back from estate agent re sellers position. Sadly we aren’t in the position to threaten to pull out. Although if we’re still in this place in May we may very well do so!

babyblade41

Jaba123 wrote: »

Thank you! Good idea about staying proactive. I think I just need to accept it’s not going to be next week. Waiting to hear back from estate agent re sellers position. Sadly we aren’t in the position to threaten to pull out. Although if we’re still in this place in May we may very well do so!

You will always have choices it's just whether you are prepared to take them.

Things will become clearer it's just at the min it appears everyone else is deciding what your future is

Loubietoubs

Oh my goodness. We still haven’t exchanged! The estate agent contacted me today to say the buyers sols are STILL waiting for the local search but everything else is in place. They are still hoping to complete this Friday. So I’m carrying on with the packing. I’m taking tomorrow off work to get it finished, but don’t even know if I’m moving yet or not. I can’t bare it! Arrrgghhh!!!!!

JadeC93

Loubietoubs wrote: »

Oh my goodness. We still haven’t exchanged! The estate agent contacted me today to say the buyers sols are STILL waiting for the local search but everything else is in place. They are still hoping to complete this Friday. So I’m carrying on with the packing. I’m taking tomorrow off work to get it finished, but don’t even know if I’m moving yet or not. I can’t bare it! Arrrgghhh!!!!!

That's sounds horrible!! Hope everything does happen on Friday!! I wish people would just talk to each other and keep each other informed!! We were told by our sellers that they were ready to exchange on Tuesday, but it turns out they are still waiting for 1 enquiry to be answered!!!!!! so still not exchanged yet and don't know what's happening with their on ward purchase! This is stressing me out!

JadeC93

Jaba123 wrote: »

Should add my journey to date:
Offer accepted:17.12.18
Solicitor informed:21.12.18 (already in place as our previous purchase fell through)
Mortgage offered 18.01.19
Survey completed: 20.02.19
Searches completed: 15.03.19
Contract signed 29.3.19 now awaiting for both our buyers and sellers to sign the contracts.

Our seller is holding up the process. The property they are buying is vacant but they still have a way to go before they are ready to complete (they dont even have their searches yet). Our seller had promised that they would not hold up the chain and would move in with family if needed. Now they are backtracking...I have never known anything to test my patience like selling and buying a house!:(

That sounds like a nightmare! Looks like your seller will take a while to catch up! We had our offer accepted around the same time as you, but luckily our sellers have been very good but it's our sellers' sellers who are taking a long time and holding up the process! Keep giving us the same update every week, so fed up with it!

chunkytfg

21/10 - AIP
7/11 - Offer accepted on House/ Landlord notified that our plans have changed and asking to be let off the lease(he agreed providing someone can be found)
20/11 - Mortgage application submitted
26/11 - House valuation survey completed
27/11 - Mortgage approved!
28/11 - Solicitor requesting Proof of deposit by way of bank statements.
4/12 - Solicitor sent more info including Fixtures and fittings form and Property info form.
- First round of enquiries letter also sent to sellers solicitor
- Informed searches have been done and awaiting responses plus do we want any of a selection of further searches done.
21/12- more searches back with no response from sellers Sol re equiries
18/01 still no response from sellers Sol regarding searches. EA being asked to chase by our SoL

22/01. Letter from Sol which included copy of title deeds with covenants which were pretty normal except that we have to keep a bush or tree in the front garden at all times!
- Aparently probate is still being applied for and not been granted yet. Once again the EA is proved wrong about the seller! We were told it's all sorted and in place
- Electrical installation survey included in lastest paperwork drop dated 15/01 as original paperwork for work done in 2017 lost. House is 'Unsatisfactory' but list of reasons why is really barely an issue and will take me an afternoon to fix so no problems there.
7/02-Another Email yesterday from our Solicitor stating they are still trying to get a response from the Sellers Solicitor in regards the Enquiries that were sent to them on the 4th December!
19/02- EA for Vendor rings to ask hows it's going. Mention we are getting 'disenchanted' with it and have started looking for alternatives.

EA states that he has spoken to the Vendor to find out whats going on as he couldnt believe probate hadn't been sorted yet. Told me he had originally valued the house 6 months prior to it going up for sale when the guy originally inherited it. Apparently there is also a property in spain he also got and because it's not in the UK he has been arguing over having to pay IHT on the estate hence no probate!

20/02 - Another update from EA. Probate should be dealt with this week and the Vendor want completion by 1st March with exchange by this friday(22nd feb!!!!) as he doesn't want to pay to renew the buildings insurance! Fat Chance of that happening!

His solicitor still hasn't responded to the first round of enquiries from 4th december, we have no contract to sign yet and it'll take a few days to send the money over!

However on the bright side it looks like things are possibly moving in the right direction! albeit slowly! :j:j

Spoke too soon.

27/2 - Solicitor emailed saying finally got a response from sellers Sol but not happy with response especially as not able to provide proof of building reg compliance for windows so wants indemnity policy.

I reckon his could become a sticking point as he 2 weeks ago wanted completion by 1st march so he doesn't have to renew his buildings insurance! :mad:

8/3 - 2 Weeks further along and EA has today got an update that the probate has finally been applied for last week and should be all done next week. No news on the indemnity policy yet.



We are now at just over 18 weeks for a no chain simple easy sale!!!

Now at 21 weeks and 4 weeks since probate was finally applied for only to be told today by our solicitor that there has been complications with the probate application and that they wont even respond to the last enquiries until probate has been granted. EA is about to be told we are happy to carry on with the purchase but until they are actually in a position to sell the house we will go back to looking for alternative houses:mad::mad::mad:

P!ssed off doesn't even begin to describe our feelings at the moment!!:mad::mad::mad::mad::mad:

JadeC93

Well...... I can't believe I'm saying this, but we've finally exchanged this afternoon!! Completion date is set for next Friday!!!!


Hope everyone else get some good news soon!!

firsttimeworrywart

Great news @JadeC93!! Happy you've finally got there :-)

Loubietoubs

Ah, brilliant Jade. You can breathe a sigh of relief. Well all solicitors were ready to exchange today, so I was over the moon. Then I get an email at 4.30 saying the housing association’s solicitor has gone home early so we can’t exchange today. So simultaneous exchange and completion tomorrow it is!

rescynic

Great news Jade after all the stress and waiting about was worth it in the end, it's finally here Well chuffed for you.


We are exchanging Tuesday/ Wednesday with completion set for next Friday as well