The NEW waiting to exchange thread...

CBush86

Another week gone by waiting for news or any kind of an update...

jaxkesa

CBush86 said:

Another week gone by waiting for news or any kind of an update...

Same. Hope my solicitor is enjoying her second holiday in 2 months.

kasqueak

Congratulations to everyone who completed today! 

stampystamp

Was supposed to be completing today or Monday but apparently not

kasqueak

I’m supposed to be exchanging Monday and solicitor was going to confirm today....needless to say, I didn’t get the call. Getting really stressed with it all now. Another weekend of nothing happening except trying to be as prepared as possible! I’m worried about not being able to get removals with short notice. They’re all telling me they’re booked solid! 🙈

Toastie2018

Hi all,
I am also waiting to exchange. I have done everything my end but the seller is waiting for the leasehold pack/management pack - we have been waiting for over 8 weeks.
May 29th - DIP
July 7 - offer made and accepted
July 14 - instructed solicitors
July 15th - memorandum of sale
July 16th - mortgage application
July 16th - desktop valuation completed
Aug 3rd - mortgage offer
Aug 12th - survey completed
Aug 26th - searches returned
I am a FTB. I have found the Estate Agents to be very responsive in providing updates. 

coxy1234

Now been 13 weeks since offer acceptance on our FTB, no-chain purchase. Still no exchange or completion date in sight.
Queries have now been on-going since 16th July. Latest set of queries was on 7th September (3 remaining) and the seller's solicitor is supposedly still awaiting response from developer on these.

  Slowly losing my sanity on the lack of any updates

Toastie2018

coxy1234 said:

Now been 13 weeks since offer acceptance on our FTB, no-chain purchase. Still no exchange or completion date in sight.
Queries have now been on-going since 16th July. Latest set of queries was on 7th September (3 remaining) and the seller's solicitor is supposedly still awaiting response from developer on these.

  Slowly losing my sanity on the lack of any updates

Hang in there Coxy. You are moving in the right direction, albeit slowly. 

Hannimal

Something, not sure what, happened further up the chain and someone has pushed the completion date forward by another week. I'm getting so nervous as I've some small renovations booked that I want to complete before I move. I'm a FTB so going from rental and have a few days of overlap. This is so frustrating, we were meant to get keys in a week. Hopefully we still get to exchange today!


11/07 (Saturday) Viewed property. Offered, offer rejected with counter offer, I agreed to the counter offer and seller agreed
13/07 (Monday) Mortgage in principle issued through a broker and I instructed a solicitor 
14/07 Mortgage application submitted by the broker
14/07 Requested survey through mortgage company (Platform)
24/07 Survey instructed (Platform is incredibly slow)
26/07 Searches came back
14/08 Survey & valuation performed
19/08 Survey results back - showed some problems
25/08 Mortgage offer issued
03/09 Seller tells me all parties (except me) are ready to exchange (5 household chain)
04/09 Went around the house with a builder for some quotes re: problems and negotiated retaliation with sellers
10/09 Replies to all enquiries finally sorted
11/09 Agreed on exchange date (25/09)
11/09 Requested closing statement for HTB ISA from Natwest
14/09 Completion date changed from 25th to 28th, agreed exchange on 21/09
21/09 Completion date changed from 28th to 5th October
05/10 Proposed completion

adierei

kasqueak said:

adierei said:

What a week. We were meant to
exchange/complete on 11th, got an email on 9th saying that there was an outstanding query on our vendor’s vendors property. Bearing in mind we were always told no chain, vendor buying a new build) and also being chased by the estate agent for countless weeks because our sols weren’t ready. I have now passed over responsibility for all email correspondence to the husband as the stress is just not worth it. Also got really sad as it is pear season and we won’t get to enjoy our new pear trees (I know that is a silly, first world problem, I was just so looking forward to being in the garden with our 1year old, picking our fruit and playing after spending the last 8 months in one room 😭).

Fingers crossed for this week 🤪

Fingers crossed for some news this week. It’s not silly about picking the fruit at all! 

I live in a flat and am moving to our first house with my 2yo and can not wait for him to finally have a garden to play in! I hoped we’d be in for some September sun but still waiting....
was meant to exchange last week but like you still waiting on an outstanding queries from the vendors solicitor who refuses to answer the phone to my Solicitor really holding things up! 🙈

Thanks, particularly for making me feel better at my fruit filled dreams haha! The no garden thing in lockdown was really tricky. Hope we both get our little people outdoor space before the weather turns.
We got an unhappy update, the query that needs to be resolved is dependent on a letter than can take up to 3 weeks to arrive. We have basically said we can wait another 4 weeks but after that, we're out as we would need to go into rented. 
Any good news for you?