Property buying/selling timeline - currently into week 21
04/12/20: Both properties listed for sale
11/01/21: Offers
accepted on both sales & on our joint purchase
25/01/21: Identity checks completed, solicitors instructed
27/01/21: Purchase survey & valuation complete, mortgage offer
received
05/02/21: Reduction agreed on partner's sale (under-valuation) & on
purchase. Mortgage offer amended
08/02/21: Buyers pack returned to solicitor - sellers packs already returned
26/02/21:
Partner's sale contract signed
10/03/21: Purchase searches all back
16/03/21: My sale contract signed
28/03/21: Purchase enquiries satisfied, Title
Report & contracts issued, contracts signed & returned
11/05/21: Still waiting on final enquiry in the adjoining chain to be resolved. Consent to break the chain granted, instruction to move to exchange given.
17/05/21: All parties agreed to June 3rd for completion
27/05/21: Exchanged on my sale only
28/05/21: ALL EXCHANGED!
03/06/21: Completion
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The NEW waiting to exchange thread...
Comments
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Congratulations 🥳 pour yourself a large wine to celebrate and look forward to your new home @fastbsfastbs said:
We have literally just exchanged contracts! Got the call 10 mins ago!! I feel so relieved.pinklady3333 said:
Any news? Been following you since the Santander thread!fastbs said:Haven’t heard anything about exchange yet...
Completion next Friday (26th).
How are you getting on?
This thread has been such a help these past few weeks, especially as I could never see an end to this!
Just want to say I wish everyone the best in this very stressful journey!As hard as it is to believe, everything does all come together when it is supposed to.2 -
Haha yes will definitely be doing that tonight!Anty21 said:
Congratulations 🥳 pour yourself a large wine to celebrate and look forward to your new home @fastbsfastbs said:
We have literally just exchanged contracts! Got the call 10 mins ago!! I feel so relieved.pinklady3333 said:
Any news? Been following you since the Santander thread!fastbs said:Haven’t heard anything about exchange yet...
Completion next Friday (26th).
How are you getting on?
This thread has been such a help these past few weeks, especially as I could never see an end to this!
Just want to say I wish everyone the best in this very stressful journey!As hard as it is to believe, everything does all come together when it is supposed to.
thank you so much.
How are you getting on?0 -
Assume our searches are starting to come back as we've been advised to take out chancel insurance, in case the local medieval church decides to pursue householder for repair bill costs. Never knew such a thing existed, but every day is a school day! Also received the list of particulars being left by the sellers today, but there doesn't seem to be anything out of the ordinary there.
Congrats to those who exchanged or completed today!0 -
I most definitely will be getting the locks changed as soon as we complete. The property has been let for a few years and we have no clue how many people have a copy of the keys!Irishpearce26 said:
Legally you cant do anything to the house until you complete as you don't own the house until then and anything could happen between exchange and complete! I have never changed the locks after I've bought never had a reason to feel I should and its quite an additional expense. Maybe im more trusting in people than i shouldFTB_Help said:It definitely sounds like yours is moving along as planned if they've booked you in.One thing to maybe see if you can do when you view before exchange (assuming there's a gap between exchange and completion) get a locksmith out as soon as you exchange to change the locks as you won't know how many keys the tenants may have copied - just me being paranoid (i blame all the true crime podcasts I've been hooked on) and also check the loft to see if the roof is still sound.Keep us updated and fingers crossed 🤞it all goes well next week
I have found, through painful experience, that the most important step a person can take is always the next one.
~ Dalinar Kholin (Oathbringer)1 -
Have to go to the solicitors office on Monday to sign the contract.
Apparently they were waiting for me to send the contract back... however they never sent it to me!0 -
Hadn't realised it was an ex rental so yes that would be wise.Doodlebugs said:I most definitely will be getting the locks changed as soon as we complete. The property has been let for a few years and we have no clue how many people have a copy of the keys!1 -
Well it’s a current rental really, we’re waiting for the tenants to vacate at the moment 😬Irishpearce26 said:Hadn't realised it was an ex rental so yes that would be wise.I have found, through painful experience, that the most important step a person can take is always the next one.
~ Dalinar Kholin (Oathbringer)0 -
Enjoy it - you must be so relieved and it is nice for others to see people getting there.fastbs said:
Haha yes will definitely be doing that tonight!Anty21 said:
Congratulations 🥳 pour yourself a large wine to celebrate and look forward to your new home @fastbsfastbs said:
We have literally just exchanged contracts! Got the call 10 mins ago!! I feel so relieved.pinklady3333 said:
Any news? Been following you since the Santander thread!fastbs said:Haven’t heard anything about exchange yet...
Completion next Friday (26th).
How are you getting on?
This thread has been such a help these past few weeks, especially as I could never see an end to this!
Just want to say I wish everyone the best in this very stressful journey!As hard as it is to believe, everything does all come together when it is supposed to.
thank you so much.
How are you getting on?
We are still waiting for sellers solicitor to catch up, didn’t get the date this week but know it’s getting close....just trying to focus on the fact it will all be worth it once we exchange 😊2 -
And you didn't wait for the tenants to vacate before spending any money on solicitors/searches/mortgage etc?Doodlebugs said:
Well it’s a current rental really, we’re waiting for the tenants to vacate at the moment 😬Irishpearce26 said:Hadn't realised it was an ex rental so yes that would be wise.
That's just crazy, it currently takes over well over a year to legally evict. Does your mortgage offer last that long?0 -
I was given a new completion date on Tuesday for next Friday. My solicitor called to tell me someone in the chain has offered to break the chain due to an issue granting probate at the top which has stopped us completing before now. This will be the 3rd time I’ve had a date so I’m trying not to get my hopes up until I’ve exchanged. She said she was requesting my funds and said to get my insurance quotes in place over the weekend so assuming I’ll be exchanging early in the week all being well? Realised after I got everything sorted I never asked if she knew what date it would happen roughly and now here we are. I’ve got everything crossed that nothing new crops up again.Congratulations to everyone who exchanged/competed this week! Hope everyone else will get some good news soon!1
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