PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

The NEW waiting to exchange thread...

Options
16446456476496502067

Comments

  • carlyfluck
    carlyfluck Posts: 137 Forumite
    Seventh Anniversary 100 Posts Name Dropper Combo Breaker
    Hi everyone! 
    I’ve just had my mortgage offer through after a 5 week wait. Looking forward to the next stage! 
    First time buyer- Shared ownership- 13/7 DIP Leeds- soft search- 20/7 told we got house-21/7 instructed solicitor- 27/7 sales memo and full application- 30/7 hard search- 3/8 mortgage declaration sent- 6/8 told valuation complete
    13/08 questions from underwriters 
    17/08 letter to say initial assessment completed.
    20/8 Broker says it will be another week until more communication from Leeds.
    27/08 Mortgage approved 
  • SharkMoney
    SharkMoney Posts: 187 Forumite
    Sixth Anniversary 100 Posts Name Dropper
    twiddling thumbs, yesterday solicitors were all ready to exchange today ..... and now 1544 and radio silence, the wait is awful - last few times I have done this I have been at work and therefore distracted, but not today 
    Hi Flugelhorn (beautiful instrument)
    That does sound painful! The whole process has your nerves on tenterhooks doesn't it :(
  • Lancs1234
    Lancs1234 Posts: 61 Forumite
    10 Posts First Anniversary
    After a hiccup this morning with the mortgage offer price being different a new offer has been sent to the solicitors and they have confirmed the money will be sent tomorrow, deposit all paid so its just on to the exchange/completion tomorrow! Drove past the house we're moving into (only a mile away) to see 3 vans emptying it so hopefully it won't be too late when we get the keys tomorrow! fingers crossed it all goes smoothly
  • Flugelhorn
    Flugelhorn Posts: 7,340 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    twiddling thumbs, yesterday solicitors were all ready to exchange today ..... and now 1544 and radio silence, the wait is awful - last few times I have done this I have been at work and therefore distracted, but not today 
    done!

    phew 
  • Flugelhorn
    Flugelhorn Posts: 7,340 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    twiddling thumbs, yesterday solicitors were all ready to exchange today ..... and now 1544 and radio silence, the wait is awful - last few times I have done this I have been at work and therefore distracted, but not today 
    Hi Flugelhorn (beautiful instrument)
    That does sound painful! The whole process has your nerves on tenterhooks doesn't it :(
    all happened about 1615 so not too bad (huge relief really - thought they might change their minds at the last minute) , just been phoning utilities / council etc etc - can't get through to cancel sky though  :smile:
  • izoomzoom
    izoomzoom Posts: 1,564 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    all happened about 1615 so not too bad (huge relief really - thought they might change their minds at the last minute) , just been phoning utilities / council etc etc - can't get through to cancel sky though  :smile:
    What a relief!
  • Flugelhorn
    Flugelhorn Posts: 7,340 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Now.... trying the hard bit. trying to cancel SKY  :D
  • I was all ready to exchange yesterday. Paperwork signed, deposit paid to solicitor. All we needed from the vendor was an indemnity insurance as the building regs for an extension were incomplete. This was a really minor issue which the sellers agreed to however nothing happened. The vendor has been on my back from day one (over 3 months ago) to get things done quickly. I have spent countless hours on the phone to brokers,solicitors, EA's,surveyors and the vendor, chasing everything up and keeping everyone in the loop. We get to the final hurdle and the vendor is now the one to be holding things up. He has not instructed his solicitor to exchange yet and wants to wait for next week?? As you can imagine I'm now starting to worry that there is going to be an unpleasant surprise................like another buyer waiting in the wings?
  • PERMOTIO
    PERMOTIO Posts: 32 Forumite
    10 Posts
    Hi guys, due to exchange today with completion set for next Friday.
    Did you hear from your solicitors once exchange had taken place?
  • Flugelhorn
    Flugelhorn Posts: 7,340 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    PERMOTIO said:
    Hi guys, due to exchange today with completion set for next Friday.
    Did you hear from your solicitors once exchange had taken place?
    Yes got an e-mail to say that had exchanged
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.1K Banking & Borrowing
  • 253.2K Reduce Debt & Boost Income
  • 453.6K Spending & Discounts
  • 244.1K Work, Benefits & Business
  • 599.1K Mortgages, Homes & Bills
  • 177K Life & Family
  • 257.5K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.