The NEW waiting to exchange thread...

kasqueak

So my solicitor finally called today (been asking for call back since Monday!). Now proposing we exchange on Monday and complete following Monday (28th). But we haven’t had the answers to a couple of final enquires. She doesn’t think this matters as they answers are self explanatory (why raise them as queries then?!) So even though not all enquires have been answered we might finally be on our way. But she will call to confirm on Monday. So another long weekend of waiting ahead. Still can’t book removals, trying to do some packing and sorting but so frustrating waiting by the phone for a confirmation of WHEN we might be doing this! 

Slithery

Arghbloodyhouse said:

Now ten weeks waiting for a local authority to do a local search.....

This is ridiculous at this point. 

Not ridiculous at all. Some councils took that long to do searches last year.

hannah2283

Hannimal said:

hannah2283 said:
This is a particular nightmare at the moment. Hope it’s all resolved soon. Are you somewhere with additional restrictions? 

No - I am in Bristol. However, I am on a 5 household chain (which I thought was 4 until this week) which includes several school-aged children. We've 7 schools in Bristol with confirmed COVID cases and counting. I am a university lecturer and not doing any on-campus work until end of next month, so I should be fine to not have to self isolate except my partner (who is not moving with me but who I see 3-4x per week) is a hospital doctor working both clinics and wards just now. They're on a green ward but just had an elderly patient turn up, take their mask off during their appointment as they found it uncomfortable and cough through their appointment and complain shortness of breath. So while no one is self isolating they're all at risk over there. I am worried someone on the chain has to self isolate 2 weeks even if there isn't a lockdown. 

Ahhh that sounds super stressful for you. I’ve got friends telling me how stressful this all is and I’m reminding them that it’s extra stress during a pandemic so be extra nice! But seriously, I do hope it is sorted soon. It’ll be totally worth it when you have the keys. 

macca2424

I got my mortgage offer after 65 days of waiting on 20th August and was hopeful to have exchanged by the end of this month however that’s looking unlikely now. 

My solicitor applied to help to buy for authority to exchange last week which hasn’t come back yet and I’m also using money from a lifetime ISA for the exchange deposit however the provider has a 10 day processing time for the original application from me before then needing to send forms for the solicitor to complete. They then have a further 30 days to release the funds so I imagine it’s going to be more like middle of October now. My house was originally meant to be built and ready to move into in Nov/Dec however it’s pretty much complete now so imagine it will be November at the latest, starting to get increasing pressure from the developer to get exchange done. 

eidand

completion day is today ... cannot wait to get the keys!
I can't find my previous post here, it's somewhere in the hundreds of pages

AlwaysWanderlusting

Arghbloodyhouse said:

AlwaysWanderlusting said:

Arghbloodyhouse said:

Now ten weeks waiting for a local authority to do a local search.....

This is ridiculous at this point. 

I also had this. When we instructed in June the solicitor said "It's looking to be 4 weeks at the moment", but I think they used a third-party company so I imagine that could be why. Very frustrating but if they come back sooner I guess that will be a bonus - and if it's happening to you, it must be the case for anyone else in your chain as well. 

It's actually further up the chain that are waiting for search results, the rest of us have been ready to complete since July and are on hold til these search results come back. Mine came back really quickly but this person is buying in a different district.

No one's fault, I suppose, but very stressful when you think new lockdowns could come into place and you wonder how that might affect things.

Ah, I see! Definitely very stressful all round, I agree. I’d be mortified if I was that person further up the chain. It surely can’t be too much longer now. Fingers crossed. 

hannah2283

eidand said:

completion day is today ... cannot wait to get the keys!
I can't find my previous post here, it's somewhere in the hundreds of pages

I am completing today as well, happy days! 

Ralichkai98

My solicitor dropped  my case in the end just 1 week before the exchange without any explanation. It was my own solicitor. I guess they couldn’t deal with the other solicitor as they had issues with the enquires. 

I am also worried if my solicitor was not happy with my bank statements as I am self employed and some of my customer pay to me cash ( and then all those money are transferred to bank account by me). I have provided invoices for everything I earn. I had an accountant letter confirmation. What do you think about it? 

I start thinking of anything... if he wasn’t happy with my transaction, why he would keep going until now? I have sent my evidence about 2 months ago and he dropped just now? Some of people said ‘ conflict of interests’ but I think this is dealt just before the process, isn’t it? 

Now I changed my solicitors with the company recommended by the property’s lenders. I hope they can deal with each other much better and hopefully everything will go well. 

Please help me if you have something in mind about the situation 

periwinkleperkins

So our solicitor shared with me the responses to their queries... over 70% say “refer to documents already provided on the developer extranet” - is this normal that my solicitor wasted time asking questions where answers are already in documents the developer has given them? 
Also my solicitor is advising we delay exchange as long as possible (preferably until Premier Guarantee is issued and house is “build complete” at the end of next month) just in case of COVID related complications... is this normal? The new build reservation says exchange within 21 days (now elapsed) or the developer can cancel the contract and i forfeit the reservation and costs to date... help!?!

eidand

hannah2283 said:

eidand said:

completion day is today ... cannot wait to get the keys!
I can't find my previous post here, it's somewhere in the hundreds of pages

I am completing today as well, happy days! 

good luck to both of us. enjoy your new place!