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
We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The NEW waiting to exchange thread...
Comments
-
Oh no, this is all of our worst nightmares.Josephgousto said:Just received the worst call ... our vendor decided to pull out "due to very private family reasons". Gutted isn´t even the word
Hope you can find another buyer soon. Not sure how far along in the journey you were, but if you can get another buyer lined up quickly it's worth looking at whether they can buy the searches etc to speed things along. There are lots of potential buyers looking at the moment. Stay positive.1 -
@Natbag thanks, it´s the vendor, they´ve decided to stop the process all together and completely take the house off the market
0 -
Oh no @Josephgousto ….I utterly DREAD that call (to the point where whenever an agent leaves me a voicemail they specify 'Don't worry, nothing wrong, just an update' at the start because they know I panic otherwise).Josephgousto said:Just received the worst call ... our vendor decided to pull out "due to very private family reasons". Gutted isn´t even the word :'
1 -
honestly both me and my partner are heartbroken ... we´ve suggested increasing our offer, but not sure whether that is gonna change anything at all ... good luck to you all! hoping to rejoin again at a later stageCaz_Mnaz said:
Oh no @Josephgousto ….I utterly DREAD that call (to the point where whenever an agent leaves me a voicemail they specify 'Don't worry, nothing wrong, just an update' at the start because they know I panic otherwise).Josephgousto said:Just received the worst call ... our vendor decided to pull out "due to very private family reasons". Gutted isn´t even the word :'0 -
Sorry, I missed that part. Oh no, I'm so sorry. Hope you find somewhere else that you love just as much, or more. Keep us posted.Josephgousto said:@Natbag thanks, it´s the vendor, they´ve decided to stop the process all together and completely take the house off the marketProperty 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: Completion1 -
It sounds like they might have suffered a bereavement or something....its awful when vendors pull out and as you say nothing really you can do but I bet it was last resort for them too. They might sleep on it for a bit and come back to you. Do you have a related sale or are you rental/FTB?Josephgousto said:
honestly both me and my partner are heartbroken ... we´ve suggested increasing our offer, but not sure whether that is gonna change anything at all ... good luck to you all! hoping to rejoin again at a later stageCaz_Mnaz said:
Oh no @Josephgousto ….I utterly DREAD that call (to the point where whenever an agent leaves me a voicemail they specify 'Don't worry, nothing wrong, just an update' at the start because they know I panic otherwise).Josephgousto said:Just received the worst call ... our vendor decided to pull out "due to very private family reasons". Gutted isn´t even the word :'
1 -
@Caz_Mnaz we have two related sales, one being my house where we currently live and the other being my partner´s property which is a buy-to-let. We are planning to go ahead with the sale of the buy-to-let still, and will unfortunately have to tell my buyer (a FTB) about the news.0
-
Oh heck, that's so disappointing, you must be totally guttedJosephgousto said:Just received the worst call ... our vendor decided to pull out "due to very private family reasons". Gutted isn´t even the word 1 -
Lol! Got to get through completion yet haha! Not feeling confident after the faff of the last few days, but really hoping to have those keys in my sticky paws on Friday afternoonBecksina said:
Yay finally!! Very happy for you, but sad and jealous to be losing my Accord buddy haha! Hope completion goes smoothly and you're settled in over the weekendcrumblylancashire said:It's been painful but.... just exchanged, hooray!!! Fingers crossed for completion Friday. Hoping it's less traumatic than the last few days of trying to get exchanged
yours is sooooooo close though! Really hope it happens for you soon! 1 -
I am pretty new to this whole house buying stuff. Our searches were ordered on 11th and should be back on Thursday if they follow the turnaround that was quoted. Hoping to not have too many queries.
I have a question though. Should my conveyancer have sent over the draft contract pack? I know they have had it since the 9th, I'm just not sure if I should chase for it or wait until the searches are done. I have not been massively impressed with them so far, they have never answered an email and the only info I have had has been when I call them - this has been off the back of requests they have sent me btw, not me harrassing them.0
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.1K Banking & Borrowing
- 253.6K Reduce Debt & Boost Income
- 454.2K Spending & Discounts
- 245.1K Work, Benefits & Business
- 600.8K Mortgages, Homes & Bills
- 177.5K Life & Family
- 258.9K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards