The NEW waiting to exchange thread...

Natbag

Daffy, sorry to hear about your nan. Hope tomorrow goes as well as it can.
Cluelessftb, I'll happily swap you lol!
tallsmithy, it's so annoying isn't it?!

howisthisriskfree

Grr, nothing happened on my deal yet. I've signed all the stuff. Am I being impatient?

Brief timeline

8/9 - Exchange was meant to be 15/9 but buyer's buyer pulled out.
15/9 - Buyer found another seller. EA hopeful delay would be minimal as new buyer could buy previous one's searches
9/10 - Chased solicitor - buyers transaction still awaiting searches
17/10 - Chased solicitor - buyers transaction still awaiting searches

westv

Another day of waiting for the phone to ring and checking emails.

Upsy_Staffordshire

Sorry to hear about your Nan Cheery Daff - sending warm wishes your way.

Sounds like I'm not the only one waiting around! As I mentioned before, we're waiting for our buyer to agree to a completion date, a date that the buyer must already be aware of, as I told the EA this date a few weeks ago, and our solicitor also made their solicitor aware over a couple of weeks ago too.

Our buyer's solicitor was emailed with our requested completion date again first thing Monday morning, but they haven't got back to us yet. Our solicitor said he can't request our mortgage redemption statement until they agree to a completion date.

Our buyer is really keen to move in asap, and wanted to complete next week, which we can't do, so I really can't imagine him waiting to get back to us much longer. It seems weird they've been so keen to get everything done really quickly and now there's zero communication. Very strange

Natbag

Upsy_Staffordshire wrote: »

It seems weird they've been so keen to get everything done really quickly and now there's zero communication. Very strange

Exactly this! Our vendor was keen to complete, but has been slow to respond to enquiries. Our buyers I don't think are in too much of a rush but have got most things done pretty quickly.
Just rang my EA, my buyers don't have any queries outstanding, we are just awaiting the 2 from our vendor, however, the buyers' mortgage STILL isn't sorted despite being told it was on Friday. :wall: Their lender had requested another extra document. :wall: So we have actually gone backwards. :wall: My sol isn't replying to my emails, although apparently their systems are down. :wall: EA still thinks we can still complete by next Friday and said our buyer is happy with this, and as soon as we get these enquiries and mortgage back, hopefully today, we can move to exchange.

treacleb16

Hello Im new here but so glad I found you all as I am finding this whole waiting to exchange thing is starting to make me ill with the worry of it all.
Our timeline is as follows
Viewed the property 31/12/16
Offer accepted 23/1
mortgage agreed 16/3
planning granted 14/7
contract papers sent and life savings transferred 17/7

then farmer re-mortgaged the farm 3 days before exchange cue all sorts of delays

unilateral notices have caused hold up but they have agreed to clear the charge as other funds have been made available but now the vendor's solicitor isn't answering any calls and mine is away or busy or also not answering. My biggest dilemma is I need to confirm secondary school place for my oldest daughter and need to know which end of the country I will be living in...shoot me now I wish we never started this process but we are 12k in so can't really pull out now!

westv

westv wrote: »

I must have misheard the ISA thing. It's "funds" not "form". I've been told the funds should be with the bottom of the chain solicitor either Monday or Tuesday of next week - so that'll be Wednesday or Thursday then!

Monday comes and goes
Tuesday comes and goes
Wednesday comes and is rapidly going.

:mad:

Upsy_Staffordshire

Welcome treacleb16 - gosh that sounds like a long time to be waiting around; I really hope things get moving along very soon for you!

Natbag - hope everything comes back for you today.

Well I still have no update on our completion date. I called my solicitor's office this afternoon to be told he's away on a training day today along with the whole office so no updates today.

Akahotpot

Nothing doing so far
got the revised paperwork re the new price for the house im buying, the electronic version sent to my sols last fri
The problem is I know nothing of where we are
searches ..no idea assume they are done
Buyer of mine progress ...no idea just know the contract has gone out (possibly)
Vendor has been told completion should be by end of month but his sols mine hasn't told me anything
Mortgage provider expects draw-down to happen before 4th of Nov
I can only hope my sols is waiting until she can tell me a definite exchange and completion date before she illuminates me on the progress

Ougat

I think this is a definite step in the right way .. from an e-mail we got today from the solicitors..





"In readiness for exchange of contracts and completion, I enclose the following-
 my Summary Report and Buyer Guide"


This is good ??