The NEW waiting to exchange thread...

BountyBlink

Jazzy089 said:

Just looking for some idea as to the process or what to expect.. AML and terms of business forms and initial payment to solicitor were done on 15th February. Since then I've heard nothing except from EA who advised our vendors have found a house which is chain free. I contacted solicitor last week who stated they are waiting on title deeds from the owners lender. What is the next step or when should I expect things like the fixtures and fittings list?

I would send an email to the agent you are buying through... something like this..

Dear ???

Please can you chase with my vendor, today, and their solicitor the property information form and fixtures and fittings as my solicitor is yet to receive. 

We cannot get underway on searches until these have been received. 

I just want to ensure nothing has gone missing in the post, if so, please can you ask my vendors solicitor to email them over to mine.
 Many thanks 
etc etc 

I would then keep on them at least once a week. 

As soon as you receive the above paperwork drop an email to your solicitor asking them to start searches and also ask how long to expect them back. This information will help you plan etc 

BountyBlink

BountyBlink said:

Jazzy089 said:

Just looking for some idea as to the process or what to expect.. AML and terms of business forms and initial payment to solicitor were done on 15th February. Since then I've heard nothing except from EA who advised our vendors have found a house which is chain free. I contacted solicitor last week who stated they are waiting on title deeds from the owners lender. What is the next step or when should I expect things like the fixtures and fittings list?

I would send an email to the agent you are buying through... something like this..

Dear ???

Please can you chase with my vendor, today, and their solicitor the property information form and fixtures and fittings as my solicitor is yet to receive. 

We cannot get underway on searches until these have been received. 

I just want to ensure nothing has gone missing in the post, if so, please can you ask my vendors solicitor to email them over to mine.
 Many thanks 
etc etc 

I would then keep on them at least once a week. 

As soon as you receive the above paperwork drop an email to your solicitor asking them to start searches and also ask how long to expect them back. This information will help you plan etc 

Oh and if you are purchasing a leasehold property, ensure you ask the agent you are buying through that your vendor has supplied the leaseholder pack. Really important to make sure they do this ASAP as this can hold everything up. 

BountyBlink

I could literally bang my head against a brick wall. For anyone following our ridiculously painful selling/buying fiasco which has already resulted in our agents buying me flowers to apologise, today just took on a whole level on incompetence!!! 

Apparently today was the day we were going to Exchange. All for the FTB at the bottom of the chain to announce that his guarantor still hasn’t signed the lenders agreement form. 

Trying not to imagine the worst... however, visions of a family member pleading with another family member to be their guarantor springs to mind 🤦🏻‍♀️😩

I needed to confirm the air bnb holiday cottage today for 3 weeks from end of April, can’t do that and the lady can not hold for any longer. So no idea how I’m going to manage this now.

all I can do is eat chocolate, weep at Long Lost Family on the tv and look around my house surrounded by our worldly goods all packed up and wonder actually if in a weeks time I will be unpacking... unpacking them to out back in my current home! 

Months of being told everyone has everything done to now knowing this! 

Honestly, it’s beyond me how we are at this point and at this level of stupid! 

ohdarn

Another exciting couple of days for us this week. 
Estate agent said we'd find out if our buyer had finally got a mortgage offer on Monday or Tuesday.
Super happy to report that, in keeping with their tradition, that was highly inaccurate.
The estimation had now been revised to somewhere between now and the heat death of the universe.

Next up, our wonderful conveyancer must have found a list of lenders demands underneath all the dust sitting on our file.
First off was the valuation report fiasco. Finally sorted it after the reason no one was allowed to see it, was because it didn't exist.

Secondly we've had an answer phone message from the conveyancer to say there's a couple of enquiries the lender has raised (no idea what that means) and that since we've been gifted a little money from family, the lender want a form filling out to say we're not Russian oligarchs laundering our money through a relatively cheap house in Worksop.
Never mind that we've filled out one of these forms for the broker, and then another one for the conveyancer, the lender needs one on their headed paper.
Slight problem with that is that one side of the family is super paranoid about their bank details being given out and almost refused to give them out for the second time. Can't wait to find out what their reaction will be to a third request.
The other side of the family are stranded in Spain with no access to a computer, scanner or printer.
So that'll be fun too.

So much fun, we're absolutely fine, look at how wide my eyes are, so fine.

It's like running a hurdles race, except the hurdles are covered in barbed wire.
And there's crocodiles.
And a thick mist is enveloping everything two jumps away, so you don't even know if there is a finish line.
Or if it's just a cliff you're running at.
Fun.

Insomniac101

ohdarn said:

It's like running a hurdles race, except the hurdles are covered in barbed wire.
And there's crocodiles.
And a thick mist is enveloping everything two jumps away, so you don't even know if there is a finish line.
Or if it's just a cliff you're running at.
Fun.

Exactly, couldn’t have put it better myself!
We are waiting for our buyers lenders enquiries, it’s been a whole week now! We were supposed to exchange last week! If the SDLT holiday didn’t extend, I’m sure we’d miss it! Worse thing is we are half packed with boxes all over the place 

Becksina

Insomniac101 said:

I’ve given up hope! Over a week since we signed everything in readiness for exchange, exchange didn’t happen on Friday, and this week we are still waiting for this last enquiry!

I swear I’m going to have a breakdown soon, Hubby also doesn’t have anymore leave as he requested for the 7 days between exchange and completion, but exchange hasn’t happened 🤦‍♀️🤦‍♀️🤦‍♀️

This is what happened with us. Hubby is military and rarely gets leave, took off last week as that’s when we were told we’d be completion, lo and behold nothing happened and we are still waiting. So I get the joy of moving on my own with 2 toddlers. Give me strength!! Hope you get sorted soon 

Sunsaru

Morning all,
I have no idea if we have or have not exchanged but I do know that my bank account was relieved of a rather large amount of money and now resembles a scene from an empty town in a spaghetti western with just tumbleweed rolling past.
Can I have the keys now please???

Becksina

@crumblylancashire any update on yours? 

ohdarn

Insomniac101 said:

ohdarn said:

It's like running a hurdles race, except the hurdles are covered in barbed wire.
And there's crocodiles.
And a thick mist is enveloping everything two jumps away, so you don't even know if there is a finish line.
Or if it's just a cliff you're running at.
Fun.

Exactly, couldn’t have put it better myself!
We are waiting for our buyers lenders enquiries, it’s been a whole week now! We were supposed to exchange last week! If the SDLT holiday didn’t extend, I’m sure we’d miss it! Worse thing is we are half packed with boxes all over the place 

I'd like to say that it probably won't be long now for you, but it took about 6 weeks for our enquiries to be sorted out.
Because all of the professional expert conveyancers involved were struggling to understand the concept of "emails".

I'd suggest moving all of your boxes into as fewer rooms as possible, then you can close the door on it and pretend something less emotionally damaging has happened, like you've been robbed of all your valuables at gunpoint.

We've sold off our furniture and been packed and ready to go since the beginning of January.
I can't remember what a dining table looked like.

Natbag

crumblylancashire said:

I've only seen the house i'm buying for about 10 mins, and it was dark outside, so never actually seen it in daylight.  Bit nervous! 

Same here, well getting dark. Due to lockdown, and the home housing an elderly and medically-vulnerable relative we didn't want to make multiple viewing appointments. There's a very detailed video tour online though which has helped a lot.