The NEW waiting to exchange thread...

Doodlebugs

FTB_Help said:

Yes I think so too.
Very exciting times, I started clearing out end of last year (got a massive donation pile) and binned lots of things I've been holding onto, so packing won't take too long for me.
All good with the house now? Assuming you've just gone to view.

Good idea, we did a mass clear out earlier this year, got rid of a lot of stuff we really didn’t need. I didn’t want to pack up more than necessary. 

Been to view this morning, all empty and looking as lovely as we remember. We’ve informed our solicitor that we want to proceed to exchange with completion on the 9th. She’s making contact with our buyers and sellers solicitor and will let us know when they’ve responded. So hopefully tomorrow, if not today, exchanging with any luck. 

It’s been a very long 6 months...

Cuddlybearman

Argh!! - I hate that I'm constantly staring at my emails waiting for a refresh!!

Diabhay15

Cuddlybearman said:

Argh!! - I hate that I'm constantly staring at my emails waiting for a refresh!!

Me too 😩 although just had an email to say all have agreed to exchange today and she will let me know once it’s done... not holding my breath yet!

Lucieb94

Doodlebugs said:

FTB_Help said:

Yes I think so too.
Very exciting times, I started clearing out end of last year (got a massive donation pile) and binned lots of things I've been holding onto, so packing won't take too long for me.
All good with the house now? Assuming you've just gone to view.

Good idea, we did a mass clear out earlier this year, got rid of a lot of stuff we really didn’t need. I didn’t want to pack up more than necessary. 

Been to view this morning, all empty and looking as lovely as we remember. We’ve informed our solicitor that we want to proceed to exchange with completion on the 9th. She’s making contact with our buyers and sellers solicitor and will let us know when they’ve responded. So hopefully tomorrow, if not today, exchanging with any luck. 

It’s been a very long 6 months...

Hi, this might sound like an obvious question but as a FTB I’m unsure. You said you’ve informed your solicitor you want to proceed to exchange and complete on the 9th. Is this something you can actually ask your solicitor? We have done everything we need to and are ready to exchange/complete however our solicitor stalls at any opportunity and goes silent. Can we just go to her with a proposed completion date? Thank you 😊 

Cuddlybearman

Diabhay15 said:

Cuddlybearman said:

Argh!! - I hate that I'm constantly staring at my emails waiting for a refresh!!

Me too 😩 although just had an email to say all have agreed to exchange today and she will let me know once it’s done... not holding my breath yet!

How long does it take to exchange then? I thought they would have to kind of "set the date" before it could be done?

If its not the case then maybe I can hold out hope for exchanging tomorrow even if we don't get the confirmations until tomorrow? I'm in a chain of 4

My seller is soooo frustrating - just no urgency. EA said that she told him the situation and he was like "ok well I'll have a think about it when I get home tonight"?? 

Doodlebugs

Lucieb94 said:

Hi, this might sound like an obvious question but as a FTB I’m unsure. You said you’ve informed your solicitor you want to proceed to exchange and complete on the 9th. Is this something you can actually ask your solicitor? We have done everything we need to and are ready to exchange/complete however our solicitor stalls at any opportunity and goes silent. Can we just go to her with a proposed completion date? Thank you 😊 

What is your chain like? We have FTB, us and our vendor. The reason we have informed our solicitor to proceed is because the property we are buying was tenanted, so we needed to make sure it was empty and they had vacated before we could exchange. 

We’ve very much driven the date though as we’ve been ready for a while but we needed to wait for the tenants to vacate. We’re the only ones who *have* to move on the day so told the chain our preferred date. 

If your happy to proceed then you can instruct your solicitor to do so, they work for you. However there may be a very valid reason why they aren’t content for you to, it’s their job to advise you. 

Cuddlybearman

One thing I've learnt about conveyancing is that they only deal with a case when everything they need is back. i.e if there send out three enquiries and two com back - they won't even open the file until the third one comes back as well. 
They also tend to work on passing the ownership from one person to another i.e they'll get a whole list of things (that they may have known some about for weeks) and pass the over the another solicitor in one lump and then close the file until they get the replies.
Its incredibly frustrating and difficult to comprehend when you are trying to get a little bit of progress each day - but they don't work like that it seems. I haven't had any situations where you get two solicitors working on the same thing at once - its like table tennis with them.

Lucieb94

Doodlebugs said:

Lucieb94 said:

Hi, this might sound like an obvious question but as a FTB I’m unsure. You said you’ve informed your solicitor you want to proceed to exchange and complete on the 9th. Is this something you can actually ask your solicitor? We have done everything we need to and are ready to exchange/complete however our solicitor stalls at any opportunity and goes silent. Can we just go to her with a proposed completion date? Thank you 😊 

What is your chain like? We have FTB, us and our vendor. The reason we have informed our solicitor to proceed is because the property we are buying was tenanted, so we needed to make sure it was empty and they had vacated before we could exchange. 

We’ve very much driven the date though as we’ve been ready for a while but we needed to wait for the tenants to vacate. We’re the only ones who *have* to move on the day so told the chain our preferred date. 

If your happy to proceed then you can instruct your solicitor to do so, they work for you. However there may be a very valid reason why they aren’t content for you to, it’s their job to advise you. 

Thanks for your help! There is no chain, we are FTB and the owners of the house we are buying had already purchased another house before there’s had gone onto the market. The house we are purchasing has been empty for 3 months now so there should be no delay or reason for the hold up which is the frustration part! We had our offer accept 23rd Sept so seems so long for what seems like a straightforward purchase to me! 

Oh well...we will wait a bit longer 😂

Diabhay15

Cuddlybearman said:

Diabhay15 said:

Cuddlybearman said:

Argh!! - I hate that I'm constantly staring at my emails waiting for a refresh!!

Me too 😩 although just had an email to say all have agreed to exchange today and she will let me know once it’s done... not holding my breath yet!

How long does it take to exchange then? I thought they would have to kind of "set the date" before it could be done?

If its not the case then maybe I can hold out hope for exchanging tomorrow even if we don't get the confirmations until tomorrow? I'm in a chain of 4

My seller is soooo frustrating - just no urgency. EA said that she told him the situation and he was like "ok well I'll have a think about it when I get home tonight"?? 

I don’t think it takes very long at all to actually exchange the contracts. But it does depend on the length of the chain etc as each solicitor has to call each other to exchange contracts and then call back up through the chain to confirm it’s happened.. I think that’s right 🤷🏼‍♀️ 

I didn’t get confirmation of it happening today until 11:30 this morning, it hasn’t happened yet though.. but we have been trying since Friday for this. 

Your seller sounds really frustrating! I think there’s someone like that at the top of our chain too. Really hope he’s had a good think and decides it’s time to exchange ASAP!!

Cuddlybearman

Diabhay15 said:

Cuddlybearman said:

Diabhay15 said:

Cuddlybearman said:

Argh!! - I hate that I'm constantly staring at my emails waiting for a refresh!!

Me too 😩 although just had an email to say all have agreed to exchange today and she will let me know once it’s done... not holding my breath yet!

How long does it take to exchange then? I thought they would have to kind of "set the date" before it could be done?

If its not the case then maybe I can hold out hope for exchanging tomorrow even if we don't get the confirmations until tomorrow? I'm in a chain of 4

My seller is soooo frustrating - just no urgency. EA said that she told him the situation and he was like "ok well I'll have a think about it when I get home tonight"?? 

I don’t think it takes very long at all to actually exchange the contracts. But it does depend on the length of the chain etc as each solicitor has to call each other to exchange contracts and then call back up through the chain to confirm it’s happened.. I think that’s right 🤷🏼‍♀️ 

I didn’t get confirmation of it happening today until 11:30 this morning, it hasn’t happened yet though.. but we have been trying since Friday for this. 

Your seller sounds really frustrating! I think there’s someone like that at the top of our chain too. Really hope he’s had a good think and decides it’s time to exchange ASAP!!

Ah right so really just the time it takes for 4 phones calls plus a bit of admin.

Should be about 20 mins really then - I'm sure they'll drag it out to 4-5 hours....