The NEW waiting to exchange thread...

Mineral1

Thanks guys I shall do that

Navigaor31

Another day ... And still no movement from the top.

Keeping the story simple. 

We are A

Our sellers are B

Top of the chain C.
All three ready to exchange by solicitors standard. 

Had multiple dates set already.   Person C keeps dropping it. For no apparent reason. 

Person C lies to person B consistently. When challenged on it...C threw out a date of the 8th Feb for completion, via message not.via solicitor.

Reluctantly person B (and us) have suggested Feb 8 through solicitor as completion day (we all wanted earlier) 
Now , no one can get hold of person C's solicitors to get them to confirmand accept this date that they suggested. 

I suspect they will push it back further. They are literally just saying "they need more time to prepare".  Which is fine...but they've been expecting to move for three months now....let alone ready to exchange for the last 6 week's. 

Leaving both us and our sellers living in boxes, thanks to their incompetent attitude on multiple occasions. 

Doodlebugs

Sotts said:

Anyone else twiddling their thumbs waiting to exchange.   

I’ll be twiddling thumbs for around 5-6 weeks more! 

Tenants have given a new date to vacate the property so all being well were looking at mid March. Our buyers are absolute stars and are happy with the new date so that’s one less worry. 

Sotts

Doodlebugs said:

Sotts said:

Anyone else twiddling their thumbs waiting to exchange.   

I’ll be twiddling thumbs for around 5-6 weeks more! 

Tenants have given a new date to vacate the property so all being well were looking at mid March. Our buyers are absolute stars and are happy with the new date so that’s one less worry. 

Im keeping everything crossed for you. Im currently renting and moving into a new property.    Not ringing solicitor today as i know Monday is completion date for lots, and she's good at keeping in touch.   

mlb95

mlb95 said:

Morning, I too am hoping to exchange today 🤞 Solicitor has just rang to ask for authority to do so and is now speaking to the vendors solicitor to ensure she has vacated the property and happy to exchange. As they didn't want a COVID clause but also didn't want a simultaneous exchange/completion, so she has to leave in case she needs to self isolate between now and completion 🤷 Hopefully completing on Friday ...

We have exchanged 🎉 , completing on Friday 🤞 . Hope everyone else who was hoping for the same today has also 🙂 

FTB_Help

Doodlebugs said:

Sotts said:

Anyone else twiddling their thumbs waiting to exchange.   

I’ll be twiddling thumbs for around 5-6 weeks more! 

Tenants have given a new date to vacate the property so all being well were looking at mid March. Our buyers are absolute stars and are happy with the new date so that’s one less worry. 

Oh !!!!!!! I guess the good thing was they've told you now rather than at the last minute.

Im still working on my purchase that my tenants will be leaving end of Feb, not heard of any changes, so im still clutching on the hopes of exchanging on the 1st week of March

JessJ23425

mlb95 said:

mlb95 said:

Morning, I too am hoping to exchange today 🤞 Solicitor has just rang to ask for authority to do so and is now speaking to the vendors solicitor to ensure she has vacated the property and happy to exchange. As they didn't want a COVID clause but also didn't want a simultaneous exchange/completion, so she has to leave in case she needs to self isolate between now and completion 🤷 Hopefully completing on Friday ...

We have exchanged 🎉 , completing on Friday 🤞 . Hope everyone else who was hoping for the same today has also 🙂 

Congrats!
Getting me worried.. we're also supposed to be competing on Friday, had the completion statement through today and confirmation of mortgage release on Thursday but we're still not exchanged and solicitor has sent another query today (hopefully a straightforward reply will seal it!) 

Caz_Mnaz

Navigaor31 said:

Another day ... And still no movement from the top.

Keeping the story simple. 

We are A

Our sellers are B

Top of the chain C.
All three ready to exchange by solicitors standard. 

Had multiple dates set already.   Person C keeps dropping it. For no apparent reason. 

Person C lies to person B consistently. When challenged on it...C threw out a date of the 8th Feb for completion, via message not.via solicitor.

Reluctantly person B (and us) have suggested Feb 8 through solicitor as completion day (we all wanted earlier) 
Now , no one can get hold of person C's solicitors to get them to confirmand accept this date that they suggested. 

I suspect they will push it back further. They are literally just saying "they need more time to prepare".  Which is fine...but they've been expecting to move for three months now....let alone ready to exchange for the last 6 week's. 

Leaving both us and our sellers living in boxes, thanks to their incompetent attitude on multiple occasions. 

That really pees me off!!

Just like my buyer's buyer who threw the whole chain under the bus at the last minute.... 😬

ashleighduguid

ashleighduguid said:

Hi all, 

I have been lurking on this thread for a while and thought I’d provide our timeline:

1st Sept - Viewed House

7th Sept - Offer accepted.

7th Sept - Full mortgage application started and sent.

8th Sept - Instructed Solicitors 

9th Sept - Searches started

12th September - Valuation for Mortgage

17th September - Mortgage Offer

19th October - homebuyers surveys carried out

7th November - Received draft contracts 

17th November - Received mortgage deed and searches. Returned signed mortgage deed.

6th Jan - vendor returns signed contract 

11th Jan - enquiries returned

12th Jan - dispute over title deed plan

21st Jan - dispute resolved (title plan was sent in black and white rather than colour which caused a discrepancy) 

23rd Jan - completion statement received 

Fingers crossed for exchange on Monday and completion on the 2nd Feb! 🤞🏻

25th Jan- EXCHANGED 🥳🥳

annetheman

Congrats on the exchanges, all!

And thanks for previous responses RE: completion statement.

I was worried about the 7 day payment as terms on solicitor quote said "£100 fee plus interest if not paid within 7 days" but they said don't worry about the 7 days - just clear the invoice before completion, happy days!

Stupid car *kicks MOT*

I will send deposit very soon (hoping to exchange this Friday) then got another 4 weeks before completion, so all good  *touch wood.....please nothing go wrong*