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The NEW waiting to exchange thread...

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Comments

  • 3or4magpies
    3or4magpies Posts: 90 Forumite
    Ninth Anniversary 10 Posts Name Dropper Combo Breaker
    edited 23 March 2021 at 9:23AM
    Teresa789 said:
    Hello all, we’re due to exchange Wednesday-has anyone used the help to buy agent 3 and know the minimum time to release funds for completion please? Pretty sure it’s 5 days. Good luck to all with exchanging soon!
    No idea with the question, but good luck for exchange!
  • Caz_Mnaz
    Caz_Mnaz Posts: 304 Forumite
    100 Posts First Anniversary Name Dropper
    I don't t think you cancel your mortgage payment until completion do you? I'm porting mine so I don't need to do anything. 

    I'm really laid back in nature but really fed up and impatient this week. Was meant to be in early Feb, then I wanted to be in by Easter.... Also not going to happen. Sigh. 
  • Still waiting for an exchange date :-(. Originally due to exchange and complete on 18th and 19th March but Santander requested more documents before we could proceed.
    This is all done and confirmed now but once again now waiting on solicitor to send the contract and provide an exchange and complete date.
    I hope to hear today - fingers crossed.
  • So deflated here! We knew this would happen, imagine if the stamp duty holiday wasn’t extended, we would have to find an extra £15k for stamp duty, our exchange was set for the 12th March and now still not happened and still waiting for one final enquiry for our buyer, ourselves and our sellers are ready and packed, this is getting so frustrating!! 

    Was emailed by the solicitors yesterday and we are probably now looking into early April 😓
  • Drem1992
    Drem1992 Posts: 36 Forumite
    10 Posts Name Dropper
    Our survey happened yesterday so now I'm on the nervous wait for the report 😬
    Been told to expect it within 72h which seems very prompt! 
    Fingers crossed it will all be fine and we can ask the solicitors to start the searches before the end of the week.
    FTB ignorance here, I notice a lot of you have talked about raising enquiries with your vendors, just wondering what sort of things these are/relate to? I'm assuming it will become clearer once we enter the solicitors bits but don't want to not ask something we should be doing!
  • Drem1992 said:
    Our survey happened yesterday so now I'm on the nervous wait for the report 😬
    Been told to expect it within 72h which seems very prompt! 
    Fingers crossed it will all be fine and we can ask the solicitors to start the searches before the end of the week.
    FTB ignorance here, I notice a lot of you have talked about raising enquiries with your vendors, just wondering what sort of things these are/relate to? I'm assuming it will become clearer once we enter the solicitors bits but don't want to not ask something we should be doing!
    Oo! Our surveys happening today- I hope it comes back the way you want it to! 

    For queries, as a FTB too I was baffled to begin with, but basically your solicitor will read the pack of information they are given by the sellers and will look for anything they might want to question or clarify. 

    My solicitors raised 13 queries! But most were along the lines of; 
    “you have indicated that the boiler has been serviced recently, please provide us with the compliance certificate” 
    and 
    “please confirm the items indicated in the fixtures and fittings list are included in the sale price” 

    Depending on what information the vendors provide up front & depending on the individual property there seems like there could be anywhere between... zero and a hundred queries easily! As I understand it, there may be “back and forth” with the queries, if the answer to one of them brings up another question. 

    If you had anything specific you were wanting to check there would be no harm in mentioning it to the solicitors when you get to that point, as I’m sure they would be able to either answer it from the information they have, or draft it up into a query for you! I haven’t raised any of my own queries as I had nothing that I felt I needed to add.
  • Becksina
    Becksina Posts: 78 Forumite
    Fourth Anniversary 10 Posts Name Dropper Combo Breaker
    Becksina said:
    Becksina said:
    It’s my birthday today, we were supposed to be in the house on the 8th but have lived in boxes since then so this birthday just feels meh. We don’t even have plates to eat cake off since they’ve been packed almost a month haha! 

    Our solicitor emailed to say he’s chasing Accord mortgages today to see if their audit is satisfactory so we can bloody move!! Here’s hoping we get some news 
    Happy Birthday!!! Really hope you get news soon, would be the best present ever.  Still no exchange here... the sellers solicitor said they didn't get round to it on Friday and would do this "first thing" Monday.  Despite chasing it all day, nothing has happened.  ARGH!!!!
    Arghh that’s SO annoying! It’s just inconsiderate, like I get that they aren’t the ones moving but the surely realise how awful it is on our end to be waiting with no news! Hopefully we can both get some confirmation this week! 
    After a day of trying to find out what on earth is happening, seems the solicitor has gone off sick.  I hope for a speedy recovery.. but the selfish bit of me is wondering now if we'll be moving this week, or looking for last minute storage and a hotel to stay in.
    oh no!! Haven't accord been told to release funds though? They'll need to put someone else on the case or those funds get bounced back according to accord's FAQs! 
  • Becksina
    Becksina Posts: 78 Forumite
    Fourth Anniversary 10 Posts Name Dropper Combo Breaker
    Another day waiting for us too! Solicitor emailed yesterday to say he was checking if Accord could now release funds following the stupid survey they sent. We should have moved on the 8th, I'm tired of it now. I'm tired of boxes. Im tired of emailing and ringing for updates. Really hope something comes through today, even if its just a date we can work towards!! I'm so thankful stamp duty was extended because we'd have had to pull out otherwise at this rate. We are almost 8 months into it now - never expected it to take this long at all. 
  • Becksina said:
    Becksina said:
    Becksina said:
    It’s my birthday today, we were supposed to be in the house on the 8th but have lived in boxes since then so this birthday just feels meh. We don’t even have plates to eat cake off since they’ve been packed almost a month haha! 

    Our solicitor emailed to say he’s chasing Accord mortgages today to see if their audit is satisfactory so we can bloody move!! Here’s hoping we get some news 
    Happy Birthday!!! Really hope you get news soon, would be the best present ever.  Still no exchange here... the sellers solicitor said they didn't get round to it on Friday and would do this "first thing" Monday.  Despite chasing it all day, nothing has happened.  ARGH!!!!
    Arghh that’s SO annoying! It’s just inconsiderate, like I get that they aren’t the ones moving but the surely realise how awful it is on our end to be waiting with no news! Hopefully we can both get some confirmation this week! 
    After a day of trying to find out what on earth is happening, seems the solicitor has gone off sick.  I hope for a speedy recovery.. but the selfish bit of me is wondering now if we'll be moving this week, or looking for last minute storage and a hotel to stay in.
    oh no!! Haven't accord been told to release funds though? They'll need to put someone else on the case or those funds get bounced back according to accord's FAQs! 
    Well, good question... only found this out at 5pm yesterday after a full day of trying to get hold of someone, I was chasing, the vendor was chasing, my solicitor was chasing and purple bricks post sales support also.  The person who now has the files didn't realise the chain was being broken, so was IGNORING(!!!) everyone because the vendor still has 1 enquiry outstanding on their onward purchase.  Maybe if they'd actually responded to someone earlier, that could've been clarified... anyhow, apparently they were "on it straight away"... well, of course nothing happened at that time of day, so will see what horrors today brings.  Everyone is ready to go, the vendor has pretty much moved out, its just this solicitor problem...
  • Becksina said:
    Another day waiting for us too! Solicitor emailed yesterday to say he was checking if Accord could now release funds following the stupid survey they sent. We should have moved on the 8th, I'm tired of it now. I'm tired of boxes. Im tired of emailing and ringing for updates. Really hope something comes through today, even if its just a date we can work towards!! I'm so thankful stamp duty was extended because we'd have had to pull out otherwise at this rate. We are almost 8 months into it now - never expected it to take this long at all. 
    Good luck for some movement today!!  Surely something has to happen soon..

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