The NEW waiting to exchange thread...

parkingadvice1212

Irishpearce26 said:

parkingadvice1212 said:

How is everyone who's not exchanged yet hoping to complete at the beginning of March? Cash buyers? I wanted to complete at the beginning of March but my solicitor says the bank needs 7 working days notice for the mortgage funds.

You don't need to have exchanged to begin the draw down of funds. Some people exchange and complete on the same day, if you have an agreed date of when its going to happen then communicate to your lender. Every lender is different as to how much notice they need. 

I see, I don't think I could trust the chain I'm in to actually stick to the date!

Kelb93

Feel like I’m driving myself slightly mad checking my emails today. Completion date agreed for this Friday but waiting still for news on when we will be exchanging. I’ve had a couple of dates not work out after agreeing so slightly worried that it’s not going to happen again or something has cropped up. Dropped my solicitor an email this morning to find out.

Good luck everyone hoping to exchange this week and hoping everyone gets some good news! 

Insomniac101

Cuddlybearman said:

Another Monday - another day of silence...........

As far as i understand should just be a case of sending back answers to last enquiries and that's it. Hopefully that can get done and sorted today.

Its my birthday today and all i've asked for is an exchange and completion date - maybe asking too much.
Completing on 3/4 March would be excellent - think someone in the chain wants to wait until the 12th but not sure

I feel your pain! Emailed solicitor this morning, and no reply, I know they are busy, but a little acknowledgement would be nice.  We should be on the last enquiries if any, the freeholder has done their inspection to issue a license to assign, I don’t know what else we are waiting for?!

I just need to know some sort of potential dates so I can plan around work, which is a little crazy, so taking a week off for move means it needs to be planned!

Stress, stress, stress... oh and also with son most probably going back to school on the 8th would be ideal if we could exchange and complete to coincide, so he’s not in the way on move day 

Caz_Mnaz

runner81 said:

patience27 said:

This is all so stressful!! Completion date agreed with buyers and now just waiting to exchange but new questions seem to keep popping up. I am also caught in the middle between not doing any packing as I cant believe it is going to happen and panicking about the fact I have not done any packing!!

I feel like I am in exactly the same place as you!  I am so stressed and same re the packing

We sorted and packed up the loft and garage s just so we felt like we'd done SOMETHING and one less job when we get the go ahead (just as well as it took HOURS!) 

crumblylancashire

Well, I've just sort of given up, been trying to move since September and lost the will.  Not heard much, last thing I heard was that there is some paperwork and enquiries outstanding between our vendor and theirs... and that they (originally) wanted to move at the end of Feb, but definitely before the SD holiday ends.  But, it's all quiet and I'm tired of chasing... if there's no news in maybe 2/3 weeks, we need to find a new place to rent and at that stage we're tied into a new 6 month contract.  Meh.

Cuddlybearman

Got a call from the solicitors assistant - "my solicitor will look at my case in the next 24 hours".......oh well at least its something

niknaks0285

😭 actually deleted a whole comment I wrote. Oh this day just goes from bad to worst! 
We were supposed to sign our contract for our new build today to complete on Friday! We cant do this as our buyers have gone silent, they were supposed to sign today as well. There solicitor cant get in touch, have left  numerous voicemails etc. They are ignoring the EA. This is all after Friday past when they said they are going in today to sign. I am fed up and totally at a loss! Apparently a note left on friday said something about problems with rent. 
Our new build is ready on friday. Worst part is every time I go to my in laws I can see the house. Just at a total loss! We booked this house before stamp duty holiday so was a bonus when it came in, except we spent what would be that money on extras for the new house. No idea what costs will incur from the new build if we dont complete soon. I know another week is fine. I really do have zero confidence after the stunt that was pulled today. Been on this rollercoaster since early september. 😭 no chains, buyers are renting, downsizing with a very small mortgage. Would just like some answers! We are all ready to go here. 

thaddy

We have just received confirmation of our completed property purchase 
It's been the most nerve wracking process I have ever been through! Thanks to this forum for keeping me sane and all the best to everyone waiting! Here is our final timeline:

FTB mortgage application - 10/7
Mortgage offer received - 13/8
Solicitor instructed - 13/8
Draft contract from seller - 10/11
Searches ordered - 12/11
Searches received - 16/12
Enquiries raised - 11/01
Contract pack approved - 12/01
Response to enquiries received - 04/02
Contract signed - 05/02
Text confirming mortgage funds release date - 08/02
LISA funds requested - 08/02
Signed online LISA funds release form - 09/02
Completion statement sent and LISA funds released - 17/02
Mortgage funds released - 19/02
Completion date - 22/02

Mani_London

thaddy said:

We have just received confirmation of our completed property purchase 
It's been the most nerve wracking process I have ever been through! Thanks to this forum for keeping me sane and all the best to everyone waiting! Here is our final timeline:

FTB mortgage application - 10/7
Mortgage offer received - 13/8
Solicitor instructed - 13/8
Draft contract from seller - 10/11
Searches ordered - 12/11
Searches received - 16/12
Enquiries raised - 11/01
Contract pack approved - 12/01
Response to enquiries received - 04/02
Contract signed - 05/02
Text confirming mortgage funds release date - 08/02
LISA funds requested - 08/02
Signed online LISA funds release form - 09/02
Completion statement sent and LISA funds released - 17/02
Mortgage funds released - 19/02
Completion date - 22/02

Congratulations

tigerlily74

My solicitor rang me at 3:30 for authority to exchange and said she would tell me when it’s done. I guess she didn’t manage it today as it’s now after 5! Oh well! Fingers crossed for our exchange and completion tomorrow!