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The NEW waiting to exchange thread...

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Comments

  • Lostthegame
    Lostthegame Posts: 50 Forumite
    Sixth Anniversary 10 Posts Name Dropper
    timmins91 said:
    I’m stressed out so much! Solicitor is still waiting for Barclays to send the funds to complete today!
    @Lostthegame keeping fingers crossed for you, what an absolute nightmare  :#
    Another call from the solicitor, they’ve chased it up again and Barclays have suggested tomorrow morning at 10am! Solicitor has told them it has to be today but I’m not confident. I have 40 mins till they close.

    Good job I’m not in a chain or else there would be a lot more people stressed out.
  • Caz_Mnaz
    Caz_Mnaz Posts: 304 Forumite
    100 Posts First Anniversary Name Dropper
    I'm the last transaction out of 5....literally my worst nightmare.... 
  • My buyer just gave me a deadline of Wednesday to exchange and complete on the 12th. Apparently as well as his wife being due very soon his buyer is in the Navy and expects to be shipped out the w/c 15th March. I never know whether to believe this stories.
    Anyhow, just finished moving about 75% of my house into storage so I'm ready whenever!
    Didn't your buyer previously give you a deadline of today or he'd be pulling out, or am I confusing you with another poster?
    If so, I wouldn't pay too much attention to his deadlines!
    I've had so many "deadlines" thrown at me I've lost count. As it stands at this exact moment in time everything is done, everyone in the chain below me (and me) are in agreement that we complete on the 12th and exchange on Wednesday. My solicitor confirms the same - she just needs confirmation from my sellers solicitor that those dates are ok with them then we are done.
    As a side note - my seller did mention the 22nd March before so I wrote to the EA telling them a) it has to be the 12th or the chain collapses. b) their original paperwork said their target completion date was end of Feb and c) his house is empty - he lives there with just a TV, a bed and a toothbrush (ive seen it when I have visited) so he can do one as far as I'm concerned.

    Not coming this far with all this stress just to let someone delay it all cos he can't be bothered

    Worst case I'll move his stuff out myself when we move in
  • We are hoping to still exchange today but may be tomorrow. We were waiting to hear back from the sellers solicitors regarding the state of the walls which they have agreed an allowance of £700 on completion. All still on for Wednesday, cant believe how much stuff i have got rid off or sold on Facebook market place which will pay for a couple of takeaways in the new place.
  • Another day with no news for us  :( the latest I heard was the chain wants to complete on the 15th, we would have to exchange by this Thursday at the very latest for that to happen. I know that we have been ready and our sellers have been ready to exchange for several weeks now, but their sellers are apparently not.
  • Another day with no news for us  :( the latest I heard was the chain wants to complete on the 15th, we would have to exchange by this Thursday at the very latest for that to happen. I know that we have been ready and our sellers have been ready to exchange for several weeks now, but their sellers are apparently not.
    Same, another day and week 5 (I think) of no news, still waiting on enquires for our vendors purchase ... it's an empty house, so I thought it'd be easy, but seems not.  The original date talked about was the end of Feb, now Mid March, but can't see that happening, as things stand.  I'm just a bit tired of it all tbh.
  • Mani_London
    Mani_London Posts: 155 Forumite
    100 Posts Name Dropper First Anniversary
    timmins91 said:
    Hi All,
    New here and posted on this thread couple of times. We received a call from Estate Agents on Thursday saying our vendor is willing to break the chain and will move to rental. So they are willing to exchange on Monday and completion on 12th march.
    Just received a confirmation that we have exchanged. Such a relief, but again till i have the keys i dont think so this stress will be over as i can see people waiting to complete as sometimes bank dont send funds on time.
    What a relief!! Ours did the same a couple of weeks ago - I had envisioned months of waiting for a never-ending chain 
    It is indeed. One last step now, hopefully that will go smoothly as well. Best of luck to you as well. 
  • Insomniac101
    Insomniac101 Posts: 112 Forumite
    100 Posts Name Dropper
    I’ve had the busiest day of work, then refreshed my email at 4.30 and ping! 
    Proposed exchange of middle to end of next week and completion week beginning 15th, finally some light at the end of the tunnel 
  • BountyBlink
    BountyBlink Posts: 319 Forumite
    100 Posts Name Dropper
    Long time lurker here but now pulling up a pew and joining the anxious waiting train 😩 chased loads today, but nothing much back. No dates being discussed even though agents keep saying “we are all there” it’s so tiring! Waited all weekend for some glimmer of hope to just to have to wait tomorrow probably for nothing too... 

  • We are supposed to be exchanging and completing on our sale (cash buyer) on Friday and yet ...and yet...I have a very strong suspicion that absolutely nothing of the sort will happen and both the solicitors will have forgotten to do something. I don't know what my tactic should be, ring every day until then and ask if we are still good to go? And of course there is the budget on Wed to add to the uncertainty....
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