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The NEW waiting to exchange thread...

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  • Hi can I join in? Starting to get impatient so hoping listing out my timeline will reassure me that things are happening!
    19 Aug offer made on leasehold flat
    22 Aug offer accepted
    25 Aug solicitor appointed
    30 Aug mortgage application submitted (already had dip)
    5 Sept valuation survey done
    7 Sept full mortgage approved
    19 Sept home buyer survey done all ok
    22 Sept leaseholder pack of 20 odd docs from solicitors arrives just waiting on management pack from managing agents
    6 Oct my solicitor gets email to say management pack paid for and should be with us shortly
    Still waiting....

    Really need to complete around 15 Nov to avoid going into next months rent ( theres no chain I'm renting and vender moving in with boyfriend) so fingers crossed the pack when it arrives is all complete and there are no more questions- not feeling confident though at the moment....
  • Fiesto88
    Fiesto88 Posts: 137 Forumite
    100 Posts Third Anniversary Combo Breaker
    edited 19 October 2017 at 6:32PM
    Finally, the end may be in sight. All enquiries now satisfactorily answered, deposit paid and our solicitor proposing completion on Wednesday 25th. I’ll be amazed if the seller’s solicitor doesn’t manage to delay it somehow though.

    Buying a property marketed through Purplebricks has turned out to be an endless round of stress. If we complete on the proposed date it will be exactly 14 weeks since the process began - and this was a chain free, freehold, vacant property purchase with absolutely nothing outside of the ordinary in terms of conveyancing issues. The delay has been largely due to woeful inefficiency of the conveyancer on the seller’s side — she used the online factory recommended by PurpleBricks. PB have showed almost zero interest in the progress of the transaction and all of the chasing has been done by myself and the seller. Whenever I’ve called them, they’ve always been very polite and helpful but they’ve never once delivered on any of the eight promises to call me back. I just didn’t have the energy to press this matter with them as it was easier and more productive to focus the efforts on doing whatever needed doing myself. I’d leave them a terrible review but they appear to militantly remove all trace of any negative feedback so probably not much point.

    In any case, fingers crossed our dealings with them will come to an end next week. But, out of absolute spite, i’m going to make them come and remove and dispose of the SOLD sign. They will oblige if it’s the last thing I ever do!
  • Pumpkim
    Pumpkim Posts: 214 Forumite
    I've come to add to the general level of frustration here:D
    It seems every update I get sets us back rather than moving forward! Email from solicitor today ( after chasing for an update) to say indemnity policy draft didn't cover everything it needed to so she's had to go back to vendor's sols to get that sorted and then there is a missing completion certificate from when the house was constructed. I asked how big an issue this was and it's a requirement of our mortgage lender because the house is less than 20 years old so they won't lend without it :eek:
    Why on earth have we even been talking dates when this is outstanding! Apparently the house builder would have passed it on to the first owners who should have then passed it on to our vendor when they bought it so solicitor is trying to establish if they ever received it. She also said she's making her own enquiries about obtaining it by other means. The house is part of a large development built by a well known house builder so surely completion certificates were issued when the houses were signed off and must be held electronically somewhere?

    A November completion date is looking less likely every day! Going on hols on Sunday so they can all bog off while we have some much needed R&R :rotfl::beer:
  • westv
    westv Posts: 6,460 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    I've given up on any progress this week. I see Friday as more of a completion day than an exchange day with solicitors but I'd be happy to be wrong.
  • Natbag
    Natbag Posts: 1,563 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Me too westv, nothing has progressed all week and I can't see anything happening tomorrow as the solicitors will be tied up with completions.
    Pumpkin, our vendor's solicitor has ordered a copy of the NHBC guarantee as no-one had the original, so surely that can be done too.
    Well my EA did actually call back today with an end-of-day update, but the update was that there was no update. :wall: We don't know if our buyers' mortgage has been issued yet as their solicitor couldn't be contacted today, so all we can do is try tomorrow. We are ready to exchange once that drops but I can't see it happening this week and to exchange, sort the funds and complete all in next week, well I just can't see it. Pretty much resigned myself to the fact I either have to move without hubby's help or we wait 2 months until the week of Christmas for the next school holidays. :(
    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
  • I am sorry to hear that most of you are not making much progress. We are in the process of buying a chain free new build (which is finished) and it still took over half a year to get to this point.

    I've had the great news though that we have now managed to finally exchange! Couldn't be happier! Due to the delays we now have an overlap of our new place and the rental property of five weeks which is a financial burden but it gives us time to organise the move and clean the old place I guess.
  • Congrats JustKeepSaving!! :j we have an overlap of about a month, not ideal financially but it'll give us lots of time to get both properties sorted.

    Well, we may be exchanging today - but there's a tree issue :o the developers didn't landscape the place the way they said they would in the planning application, so a few years ago wrote to the vendor and said they would do it. I don't believe they have (my partner is going to scout it out this morning!) but the vendor says they have. Not sure if this can get sorted in a morning - as we could potentially exchange today...

    I feel like my vendors are going to think I'm an idiot, making a fuss over a blimming tree... :o
  • trix-a-belle
    trix-a-belle Posts: 1,532 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Mortgage-free Glee!
    Well I've heard back from our EA and it turns out the reason we haven't had a response to our requested completion date is because the buyer's solicitor never told our buyer about it! An email was sent to them by our solicitor first thing Monday morning and they've never got round to telling the buyer!
    Upsy, anything I hear from or communicate to my solicitor I pass to my EA as well, he has been an absolute diamond rather than what some are but this has been invaluable when the buyers solicitor has gone awol or quite frankly just been an ostrich with her head in the sand which I think has easily put a month on the whole thing (not reading the contract doc at all until being chased for acceptance by us as we'd sent it nearly 6 weeks previously!). The EA has also verified information i've heard that i'm not sure I fully believe (eg yesterdays sudden 2 day miracle turn round). Might be worth doing from here on in for you to keep the pressure on?

    Pumpkim, you definitely deserve some serious R&R!! enjoy it. I'd leave them with the parting message that in no uncertain terms there should be some serious leaps forward and no more bad news on your return. A copy of the completion certificate should hopefully be able to be found via search information, mine (both ways) was as my sellers didn't have a copy & it was a small builder so took a little more enquiry & buyer(s solicitor) had to read the search results & get a reference number on there to confirm existence. It will be there somewhere xx

    Natbag, i'd be on the phone at 9am to get an answer on that today, make a nuisance :)

    i'm hoping I get a formal update of exchange today as yesterday after confirmation from EA that bottom of the chain lender really had pulled out several fingers & were talking dates I heard nothing.
    - Mortgage: 1st one down, 2nd also busted
    - Student Loan gone
    Swagbucks, Mingle, GiffGaff, Prolific, Qmee & Quidco; thank you MSE every little bit helps
  • Pumpkim
    Pumpkim Posts: 214 Forumite
    Natbag is your hubby teacher? Most schools have a leave of absence policy that would allow time off for a house move, usually one day.
  • Natbag
    Natbag Posts: 1,563 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Just-keep-saving - yay, congrats! :beer:
    trix-a-belle - oh I will be! :D
    Pumpkin - no, he works in IT for education. It's a private company and as he gets school holidays off, days off in term time aren't allowed. Meh.:(
    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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