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The NEW waiting to exchange thread...

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Comments

  • Anty21
    Anty21 Posts: 78 Forumite
    10 Posts Name Dropper
    I woke up today and felt spaced out... I exchanged "unexpectedly" on the 11th - literally didn't even get a call to confirm prior - and finally completing this Friday 26th, touch wood that it all goes okay...! Funds release have been confirmed by lender and I have paid completion statement last week, surprisingly less than I thought/budgeted for with apportionment costs. Done all the home move forms for internet, water, council tax, electric, vet, registered with new GP and now just waiting... 

    This thread kept me motivated when it seemed it wasn't going to happen! I know a lot of people here have had their purchases going on for months -- not yet seen one as long as mine, though! 

    Sale was agreed on 4th March 2020, so this is a huge week for me on my lonesome!

    Kind of feels unreal... Won't sink in until I have the keys in my hand!  :# thanks all in the thread and hang in there, even after 354 days from sale agreed to completion, it happens (but it won't be that long)! :D 
    Brilliant - congrats, I don’t think I could have kept sane for that long! Hope all goes smoothly 
  • Anty21
    Anty21 Posts: 78 Forumite
    10 Posts Name Dropper
    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
    Happy birthday - hopefully you can celebrate belatedly in your new home next week 🥳
  • Tsj90s said:
    So my solicitor called and proposed a completion of this time next week... I'm a bit sceptical because he needs the LISA funds and the mortgage funds to be released down... his exact words were 'we will give it a go'.fingers crossed though!!!  I'll let him take the wrap for rescheduling lol
    Out LISA funds have only been requested today and have been fast balled for funds release ready for Friday this week so I think you’ll be ok! As long as they’re aware of your completion date they should send it in time! Fingers crossed 🤞 
  • Tsj90s
    Tsj90s Posts: 45 Forumite
    10 Posts
    Tsj90s said:
    So my solicitor called and proposed a completion of this time next week... I'm a bit sceptical because he needs the LISA funds and the mortgage funds to be released down... his exact words were 'we will give it a go'.fingers crossed though!!!  I'll let him take the wrap for rescheduling lol
    Out LISA funds have only been requested today and have been fast balled for funds release ready for Friday this week so I think you’ll be ok! As long as they’re aware of your completion date they should send it in time! Fingers crossed 🤞 
    That's brilliant congratulations!!!😁 just out of curiousity which LISA provider do you use?
  • Tiglet2
    Tiglet2 Posts: 2,691 Forumite
    Seventh Anniversary 1,000 Posts Photogenic Name Dropper
    laurent22 said:
    First time commenter on this thread but been following intently. I'm on week 4 (going into 5) of waiting for my searches to come back.  Everything is ready to go document wise and I'm buying a new build with no chain. I'm so anxious as I've spoken to someone in the same borough who has just waited 10 weeks for theirs to come back. Praying mine dont take so long.
    you can contact the local authority yourself and ask for an estimate and explain this is the last thing you are waiting for. 

    I would love to find out the answer to whether this works because my local authority say 10 days and I emailed them they said they can expedite to do in 2 days but according to the solicitor she put the request in 3 months ago! Her excuse being that all solicitors use a third party company so what the council says is irrelevant... anybody know if this is true? 
    Yes, true
  • Tsj90s said:
    Tsj90s said:
    So my solicitor called and proposed a completion of this time next week... I'm a bit sceptical because he needs the LISA funds and the mortgage funds to be released down... his exact words were 'we will give it a go'.fingers crossed though!!!  I'll let him take the wrap for rescheduling lol
    Out LISA funds have only been requested today and have been fast balled for funds release ready for Friday this week so I think you’ll be ok! As long as they’re aware of your completion date they should send it in time! Fingers crossed 🤞 
    That's brilliant congratulations!!!😁 just out of curiousity which LISA provider do you use?
    It’s Newcastle Building Society. Honestly they’ve been brilliant they just asked for the solicitor to send them an email with our and their declaration forms with a cover note of how urgent the completion date is etc and they would ensure funds were sent in time for Friday. They were really helpful. Good luck 😊
  • 😭 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. 
    Further update to this. Estate agent managed to get hold of our buyer at the end of the business day(how convenient they answered) the guy totally blasèd over today and all the phone calls, trying to get hold of them. Said him and his wife working shifts all week, cant get in to sign contract to complete next week. Our estate agent said it has to complete next week.  
    Not long off the phone from our solicitor so we should have answer tomorrow as she'll be conversing with there solicitor. If we hear nothing by Wednesday, it could be a case of sign contract and complete or the house goes back on the market. We will have to make this work. Find the money some how for 2% SD either that or lose savings to solicitor fees. Hardest journey to be on but I'm holding out for this sale, not giving up yet. Will not be beaten! 
    You will be fine, its 5 weeks until the SDLT deadline and if its just the contract to be signed and returned then im sure it will get sorted. Perhaps the contract to be sent out to the vendor to have a neighbor witness? All our paper work was uploaded online and we printed and signed in witness with our neighbor. 
    Dont think I even trust our buyers to do that for this week. Seems we have came across every excuse over the last 3 weeks as to why the contract wasnt signed. I'm hoping our developer will stay relaxed to let us get this sorted. The other thing is their mortgage deadline is next month as it was 3 months from date approved which was in december, so surely they would need to complete before that runs out. 
  • blue_max_3
    blue_max_3 Posts: 1,194 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    I exchanged last Friday (19th Feb) and completing the 26th. Initial offer accepted on 3rd December 2020.
    No mortgage and no survey : )  But NS&I have my final funds in the ether, so hoping they turn up soon!
  • You will be fine, its 5 weeks until the SDLT deadline and if its just the contract to be signed and returned then im sure it will get sorted. Perhaps the contract to be sent out to the vendor to have a neighbor witness? All our paper work was uploaded online and we printed and signed in witness with our neighbor. 
    Dont think I even trust our buyers to do that for this week. Seems we have came across every excuse over the last 3 weeks as to why the contract wasnt signed. I'm hoping our developer will stay relaxed to let us get this sorted. The other thing is their mortgage deadline is next month as it was 3 months from date approved which was in december, so surely they would need to complete before that runs out. 
    You never know whats going on in the background, they may be steaming ahead and this is something that has just slipped. Keep the pressure on them, if you have the EA contact or even their details a polite nudge can help. Maybe tell them that you need to exchange within 72 hours in order to satisfy your developers. Once people start to see that their lack of action may impact others which then can impact them they will act fast.

    I don't understand why anyone drags their heels with a house move, my wife and i have been packing the house like we are on a mission so we can complete to ensure our buyer (newly divorced) doesn't have to put her stuff in storage and move in with her daughter. Stay positive and keep looking forward.
  • ohdarn
    ohdarn Posts: 200 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    No reply from solicitors today... I need a cry 
    It's really horrible isn't it? I'm sure they just look at someone's case once a week and that's all you get.
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