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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 7:08PM
    Becksina said:
    Does your solicitor send you a financial breakdown of payments expected prior to exchange? Ours is saying she'll do that as soon as the redemption statement comes through to her, plus confirmation of mortgage funds release. I did check with her we don't have to put any further deposit down on exchange (all funds tied up in the sale)
    We got a breakdown of both sale and purchase from solicitor prior to when we were due to exchange 
    Oh fab, thanks, that must be what she's talking about. I'm assuming I just agree it (if it's correct) and off we go. I'll transfer the money I need to and all good. Sound right?
  • Becksina
    Becksina Posts: 78 Forumite
    Fourth Anniversary 10 Posts Name Dropper Combo Breaker
    Becksina said:
    Does your solicitor send you a financial breakdown of payments expected prior to exchange? Ours is saying she'll do that as soon as the redemption statement comes through to her, plus confirmation of mortgage funds release. I did check with her we don't have to put any further deposit down on exchange (all funds tied up in the sale)
    We got a breakdown of both sale and purchase from solicitor prior to when we were due to exchange 
    Oh fab, thanks, that must be what she's talking about. I'm assuming I just agree it (if it's correct) and off we go. I'll transfer the money I need to and all good. Sound right?
    Exactly :) we were lucky cause the solicitor will actually owe us £4 haha! But anything you owe you a just pay and you’re ready to go! 


    No updates for us today, not even a response. Fed up but here’s to another day! 
  • jonners666
    jonners666 Posts: 98 Forumite
    10 Posts First Anniversary Name Dropper
    Final enquiry answers sent back to our buyers solicitors yesterday.

    Hoping now to exchange this week and complete on the 30th!
    Well this didn’t last. Apparently three new enquiries raised by our buyer’s solicitor this morning.

    It’s getting ridiculous now - they’ve dragged it out for weeks!
  • houghton91
    houghton91 Posts: 104 Forumite
    10 Posts First Anniversary Name Dropper
    So we completed on Monday! Funds were all in place Friday afternoon so completed on our sale at 11:30 and our purchase at 12:15! So happy, the house is gorgeous. 
    Paid a guy with a Luton van £250 to move us - he brought his mate with another van and they were packed in 90 mins, and unpacked in another hour - they even happily waited two hours for our solicitors to call. They were absolute machines and so helpful - highly recommend anyone struggling to find removals to do similar if you you can. This was from a 3 bed to a 4 bed too. 
  • timmins91 said:
    So we completed on Monday! Funds were all in place Friday afternoon so completed on our sale at 11:30 and our purchase at 12:15! So happy, the house is gorgeous. 
    Paid a guy with a Luton van £250 to move us - he brought his mate with another van and they were packed in 90 mins, and unpacked in another hour - they even happily waited two hours for our solicitors to call. They were absolute machines and so helpful - highly recommend anyone struggling to find removals to do similar if you you can. This was from a 3 bed to a 4 bed too. 
    Oh wow, huge congratulations to you!! Get smooth completion too, hoping for the same as our funds should be in on Friday.
    Thanks for the tip on removals too. If everything slips for us we might need to do this
  • Rankin21 said:
    We’ve exchanged 🙌🏻🙌🏻🥳🥳 with completion on Friday! So excited!! Hope there’s good news and updates for the rest of you this week 🥰
    Yippee, great news, fingers crossed it all goes smoothly.
  • Becksina said:
    Becksina said:
    Does your solicitor send you a financial breakdown of payments expected prior to exchange? Ours is saying she'll do that as soon as the redemption statement comes through to her, plus confirmation of mortgage funds release. I did check with her we don't have to put any further deposit down on exchange (all funds tied up in the sale)
    We got a breakdown of both sale and purchase from solicitor prior to when we were due to exchange 
    Oh fab, thanks, that must be what she's talking about. I'm assuming I just agree it (if it's correct) and off we go. I'll transfer the money I need to and all good. Sound right?
    Exactly :) we were lucky cause the solicitor will actually owe us £4 haha! But anything you owe you a just pay and you’re ready to go! 


    No updates for us today, not even a response. Fed up but here’s to another day! 
    Great, thanks Becksina, I'll need to move a couple of k that's it, will move via CHAPS to get it in asap once I get confirmation of exact amounts.

    I've got my fingers crossed for us all for forward progress today. Hoping for exchange today. I'm on leave this week (randomly booked leave as I'll loose it otherwise), with my birthday on Saturday. The only gift I want is exchange with completion next week. I haven't even booked next week of work yet as I don't know for sure if it's all going to happen. The 'in limbo' feeling is the worst.
  • lillypoo
    lillypoo Posts: 311 Forumite
    Sixth Anniversary 100 Posts Photogenic Name Dropper
    we are due to complete our sale tomorrow but i havent heard a peep from EA or conveyancer since exchange. i will call one of them later today if they dont contact me first, but other than empty the house , clean it and start getting the jitters, what else should i be doing? keys are labelled,  folder of manuals and instruction sheets, guarantees etc ready, info on bin days etc all listed, champagne, chocolates, card and flutes left for incoming couple. bins emptied and washed.

    i feel sure im missing something major.
  • Final enquiry answers sent back to our buyers solicitors yesterday.

    Hoping now to exchange this week and complete on the 30th!
    Well this didn’t last. Apparently three new enquiries raised by our buyer’s solicitor this morning.

    It’s getting ridiculous now - they’ve dragged it out for weeks!
    Really hope they're quick things to sort jonners666. I found out what my buyers last query was, chased and found the answer from the council myself and sent it to them via my solicitor. Within about 3 hours from then we were talking exchange and completion dates. I wonder if you can find out what they are and sort it yourself (or at least one/two of them). If I'd waited for my solicitor we'd still be waiting for an answer to it.
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