The NEW waiting to exchange thread...

Jadek

Hannimal said:

COMPLETED!!!

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 and completion 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
18/09 Received closing statement got HTB ISA 
21/09 Completion date changed from 28th to 5th October
21/09 Failed to exchange due to above
22/09 Exchanged
05/10 Completed. Phew!

Congratulations!

CBush86

Hannimal said:

COMPLETED!!!

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 and completion 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
18/09 Received closing statement got HTB ISA 
21/09 Completion date changed from 28th to 5th October
21/09 Failed to exchange due to above
22/09 Exchanged
05/10 Completed. Phew!

Congratulations! Enjoy your new home 😁

HoopyNJ

Thought I'd finally post here as things are moving super quickly and it's all getting very exciting! We're FTBs and the sellers have no chain.

• 22/08/20 - First viewing - fell in love but we'd only seen 5 houses by that point so wanted to keep options open.
• 27/09/20 - Second viewing, which confirmed our decision that the house was the one for us.
• 28/08/20 - Offer made, a bit of back and forthing and final offer accepted.
• Then we had the bank Holiday weekend, awful timing!
• 03/09/20 - Mortgage application submitted via broker
  
• 04/09/20 - Solicitors formally instructed
• 14/09/20 - all documentation finally sent to solicitor (We had to wait for a few bits and bobs like a gift letter etc)
• 17/09/20 - Mortgage approved
• 23/09/20 - Solicitor confirmed we were happy with mortgage offer. 
•  Got a call on 01/10/20 from the estate agent of all people who advised that the sellers had forgotten to complete a piece of paperwork and the sellers solicitor was just sitting on it. 
• 02/10/20 - Homebuyers report and contract pack received, enquiries raised by our solicitor. Searches commenced.

So not much to wait for now! Both us and the vendors are hoping to complete by Mid-November, all being well. Dya reckon that's realistic?

Drawingaline

HoopyNJ said:

Thought I'd finally post here as things are moving super quickly and it's all getting very exciting! We're FTBs and the sellers have no chain.

• 22/08/20 - First viewing - fell in love but we'd only seen 5 houses by that point so wanted to keep options open.
• 27/09/20 - Second viewing, which confirmed our decision that the house was the one for us.
• 28/08/20 - Offer made, a bit of back and forthing and final offer accepted.
• Then we had the bank Holiday weekend, awful timing!
• 03/09/20 - Mortgage application submitted via broker
  
• 04/09/20 - Solicitors formally instructed
• 14/09/20 - all documentation finally sent to solicitor (We had to wait for a few bits and bobs like a gift letter etc)
• 17/09/20 - Mortgage approved
• 23/09/20 - Solicitor confirmed we were happy with mortgage offer. 
•  Got a call on 01/10/20 from the estate agent of all people who advised that the sellers had forgotten to complete a piece of paperwork and the sellers solicitor was just sitting on it. 
• 02/10/20 - Homebuyers report and contract pack received, enquiries raised by our solicitor. Searches commenced.

So not much to wait for now! Both us and the vendors are hoping to complete by Mid-November, all being well. Dya reckon that's realistic?

We are about a month ahead, and all being well hoping for beginning of November. So doable. Would be quick, and depends what the searches bring up I suppose

Drawingaline

Hannimal said:

COMPLETED!!!

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 and completion 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
18/09 Received closing statement got HTB ISA 
21/09 Completion date changed from 28th to 5th October
21/09 Failed to exchange due to above
22/09 Exchanged
05/10 Completed. Phew!

You were a couple of weeks ahead of us. We have had a hiccup with our buyers mortgage which has delayed things a couple of weeks. We are hoping for the beginning of Nov.

kasqueak

We finally exchanged today! Complete next Monday!  

It’s taken a while to get here (mainly due to inept solicitors) but we’re nearly there now. 

atrixa

Congratulations for everyone completing recently! My solicitor has now floated a completion date within the next fortnight now that I have my mortgage re-agreed, so the end is in sight!

fiwen30

Thought I’d chime in with our wee timeline, whilst we wait on the ducks lining up!

25/8 First viewing, offered asking price.
27/8 Offer accepted!
27/8 MIP issued through mortgage advisor
28/8 Mortgage application submitted by MA
31/8 Paid mortgage valuation fee
1/9 Instructed conveyancing solicitor
7/9 Paid fee to begin solicitors searches

8/9 Second viewing
14/9 Valuation survey completed
- big ‘ole pause, Halifax didn’t alert MA that valuation survey had been completed, and they requested additional paperwork from my partner -
28/9 Mortgage application accepted, and offer letter arrived with MA!
2/10 Visited MA to go through mortgage offer & arrange insurances (only got my life insurance done)

5/10 Mortgage offer letter arrived by post to my house

5/10 Instructed a surveyor for a full building survey, scheduled for 2/11

There has been no word about the searches, or about a completion date, so I’ll be phoning the solicitors tomorrow.

We still have to arrange partner’s life insurance and the buildings & contents insurance, MA said he would email, but will chase tomorrow.

Provided the survey doesn’t kick up any problems, what do you think the odds are that we’ll be in by Xmas?

hannah2283

Hannimal said:

COMPLETED!!!

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 and completion 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
18/09 Received closing statement got HTB ISA 
21/09 Completion date changed from 28th to 5th October
21/09 Failed to exchange due to above
22/09 Exchanged
05/10 Completed. Phew!

Congratulations! 

Isteon

Chipping in with my timeline, mostly for my own reference!
March -> September, a long saga for a purchase that eventually fell through due to an uncooperative vendor post survey...  
21/09 Viewed property #2 - placed offer, told 13 more viewings booked. Asked for 'off the market' price
22/9 Agents called back to give 'off the market price'; Offer raised; Offer accepted! House marked 'Sold STC'
23/9 Solicitor instructed
24/9 Mortgage offer amendments (property & solicitor) submitted (already had mortgage offer from property #1)
28/9 Survey instructed
30/9 Certified ID documents delivered to solicitor; payment for searches made
1/10 Mortgage offer approved subject to valuation
5/10 Draft contract papers received by solicitor, searches instructed
6/10 Mortgage valuation scheduled...
9/10 Homebuyers survey scheduled....
So just keeping all fingers cross that the valuation and survey this week go OK!