The NEW waiting to exchange thread...

Bad_Accountant

Joining this thread! I'm buying with OH, FTBs currently in rented flat.

AIP Sept 2019 (Halifax)
... about 20-odd viewings including complete horrors :rotfl:
18/10 Offer accepted on property, £5k below asking price
26/10 Mortgage application via broker done (changed to Barclays for best rate)
04/11 Underwriters approve
05/11 EA confirms that our vendors have found a chain-free property to move into - chain of three complete :shocked:
06/11 valuation
08/11 mortgage approved, solicitor instructed

So today I'm going through the dozens of documents our solicitors sent, looking at their hair-raising fees :eek: and getting more documents together. Going to be giving our printer a workout getting all these in hard copy for sigs (if it breaks, can I add the costs of a new printer on the mortgage? )

I slightly regret going for a local solicitor in our (very expensive) current town as they are charging through the nose. I think it'll be over £3k including SDLT and a deed in trust. But, OH wanted a solicitor we could actually go to in person, and this one has a good reputation - and if it means we get a smoother purchase, it'll be worth it.

babyblade41

Bad_Accountant wrote: »

Joining this thread! I'm buying with OH, FTBs currently in rented flat.

AIP Sept 2019 (Halifax)
... about 20-odd viewings including complete horrors :rotfl:
18/10 Offer accepted on property, £5k below asking price
26/10 Mortgage application via broker done (changed to Barclays for best rate)
04/11 Underwriters approve
05/11 EA confirms that our vendors have found a chain-free property to move into - chain of three complete :shocked:
06/11 valuation
08/11 mortgage approved, solicitor instructed

So today I'm going through the dozens of documents our solicitors sent, looking at their hair-raising fees :eek: and getting more documents together. Going to be giving our printer a workout getting all these in hard copy for sigs (if it breaks, can I add the costs of a new printer on the mortgage? )

I slightly regret going for a local solicitor in our (very expensive) current town as they are charging through the nose. I think it'll be over £3k including SDLT and a deed in trust. But, OH wanted a solicitor we could actually go to in person, and this one has a good reputation - and if it means we get a smoother purchase, it'll be worth it.

Your OH is absolutely correct, I'd rather pay for service than a conveyancing factory where anything and everything gets delayed and put to the bottom of the pile

SandyShores

3 November - viewed new build estate
9 November - took hubby along and chose a property/got Decision in Principle
10 November - reserved property and paid £500 reservation fee
April/May - moving date (exchange approx start Dec) - excited and very nervous as we are older buyers finally getting back on the property market - came back to MSE for tips and encouragement (need to join the Mortgage free wannabe thread).

Piiiinksocks

I can’t quote my previous post because I’m on my phone...

Mortgage offer on 31/10/19
Searches came back same day, enquiries sent 4/10/19.

Seller has notoriously been SO SLOW at everything but we’re desperate to be in before Christmas. We missed our notice day so we’ve got our rental house until at least 10/01/20. Time to be a thorn in the estate agents side again I think!!

Happyadventurer

Interesting reading all of this. Talking of slow...
Last Of the searches received by my solicitor 5.11.19. Mortgage offer etc all done already and full survey. Today I chased Solicitor as he has not even sent enquires yet following all searches etc done a week ago. No exchange date timeline so I e mailed today expressing concern that mortgage offer will expire (Mid Jan) Xmas and new year closures will delay things further and vendor and I want to complete ASAP. I want to give notice also as currently renting. How do I deal with a vague, slow conveyancer or should I just drink a glass of wine and trust he will deliver? There is no chain, just me and the vendor.

Thrugelmir

Happyadventurer wrote: »

How do I deal with a vague, slow conveyancer or should I just drink a glass of wine and trust he will deliver?

Sounds sensible. You won't be their only client. As much as you'd like to think that you are.

welwynrose

welwynrose wrote: »

Some positivity on our Sale - timeline so far

22/08 House put on Market
07/09 FTBs view property while we are away
09/09 Offer received £25k under asking price - rejected
10/09 revised offer received £5k under asking price - accepted
12/10 Buyers had second viewing to remind themselves what the house was like
21/10 Queries from buyers over whether we’d be taking our fish from the pond & any plants from the garden
08/11 Confirmation from Solicitors exchange on Monday completion on the 6th December

Unfortunately still haven’t had confirmation on the house we are buying that they can complete on 6th December so may be homeless

Just had a phone call to confirm that we’ve exchanged woo hoo

Bluntman_1983

Bluntman_1983 wrote: »

Still waiting to exchange. Turns out our buyer's solicitor hadn't sent management pack for her sale (leasehold flat) until earlier this month. Queries back from her buyer's solicitor and apparently answered but now her solicitor isn't answering calls/emails.

Got my solicitor and estate agent chasing our buyer and her solicitor, whilst at the same time trying to reassure our vendor that we will make progress - she's already missed out on a new build that she needed to complete on by 30 September and apparently has chosen a property to rent but we are worried that if she loses that then she'll get fed up!

Fingers crossed for exchange this week so we can get on with it!

Still haven't exchanged. One enquiry outstanding on our buyer's sale. No idea what it is (other than it needs the housing association to provide a response) or why it's taking so long. Our estate agents, our seller's estate agents and our solicitor are chasing like mad but getting zilch out of our buyer's estate agent or solicitor. Everyone else has been ready since early September. Our seller can't complete between 25th Nov and 8 Dec due to holiday so we're staring down the barrel of 2020 completion potentially or the whole thing collapsing. Mortgage offer expires end of December.

Crumble2018

Today is supposedly exchange day - and got a timely reminder from Nationwide that our mortgage expires soon! So on edge until it happens!!

mummy2threeboys

Crumble2018 wrote: »

Today is supposedly exchange day - and got a timely reminder from Nationwide that our mortgage expires soon! So on edge until it happens!!

Argh Best of luck! Is there some epically long film you can watch? xx

So We are here offically now

09/09 House on Market
12/09 Conveyencor stuff all filled in (My friend is one so she did a lot of hand-holding) It's all ready to go.
23/09 First offer from someone who didn't come and see the house, didn't turn up to the viewings, didn't reply to correspondence and the offer was still on the table. I rejected it
29/10 Second offer 20K below asking, rejected came back with another 15k below, hasn't bothered replying to a counter offer, ignoring messages and calls from EA, was declined a mortage.
01/11 3rd Verible offer made with EA 50k!! below asking. Umm No. :rotfl:
12/11 4th and accepted offer by person who has a mortage offer in place , and we are both chain free. 6k Below asking. House taken off market and date set for 19th ish of January. Just waiting for his lawyers details, and EA to call.

10 viewings, 4 not bothering to show up :mad:
The Buyer looked at our house when I hadn't had time to tidy up as it was very last minute. He has corresponded wonderly so far. Really hope this is it