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Contract Signed Date not confirmed

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Comments

  • FTbuyer12
    FTbuyer12 Posts: 29 Forumite
    10 Posts
    edited 24 March 2020 at 12:49PM
    greatcrested said:
    FTbuyer12 said:
    greatcrested said:
    I don't believe the OP has Exchanged.
    Signed. Yes. But not Exchanged.
    His seller also has probably signed.
    But I don't believe contracts have been exchanged.
    May be wrong of course, but whole tone of the posts, and the repeated substtution of the word 'signed' for 'exchanged', combined with the apparent nonchalance of his conveyancer over the failure to Complete.....
    Hi so contracts sent to us we signed and sent back to seller to sign they returned them back signed and dated so are they not exchanged?
    Are you doing the conveyancing yourself? Not using a solicitor? If so, clearly you should not be as you do not know enough to DIY.
    If using a solicitor, I assume the solicitor sent you the contract to sign, with an instruction
    * to sign it
    * not to date it it
    * to return it, signed, undated, to him (the solicitor) not to the seller.
    Re-read the letter the solicitor sent you with the contract!
    Having said that, if you and the seller have ignored your respective solicitors in the way you describe, yes, you may have Exchanged, in which case you need to inform your solicitor and let him try to sort out the mess......
    Of course, if neither you nor the seller have solicitors and are both DIYing, well, sorry - you are on your own! That's what comes of trying to do a complex legal transaction without proper legal understanding......


    Hi yes we are using a solicitor

    we went into our solicitor office and signed the contract  
  • greatcrested
    greatcrested Posts: 5,925 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    edited 24 March 2020 at 2:13PM

    FTbuyer12 said:
    greatcrested said:
    FTbuyer12 said:
    greatcrested said:
    I don't believe the OP has Exchanged.
    Signed. Yes. But not Exchanged.
    His seller also has probably signed.
    But I don't believe contracts have been exchanged.
    May be wrong of course, but whole tone of the posts, and the repeated substtution of the word 'signed' for 'exchanged', combined with the apparent nonchalance of his conveyancer over the failure to Complete.....
    Hi so contracts sent to us we signed and sent back to seller to sign they returned them back signed and dated so are they not exchanged?
    Are you doing the conveyancing yourself? Not using a solicitor? If so, clearly you should not be as you do not know enough to DIY.
    If using a solicitor, I assume the solicitor sent you the contract to sign, with an instruction
    * to sign it
    * not to date it it
    * to return it, signed, undated, to him (the solicitor) not to the seller.
    Re-read the letter the solicitor sent you with the contract!
    Having said that, if you and the seller have ignored your respective solicitors in the way you describe, yes, you may have Exchanged, in which case you need to inform your solicitor and let him try to sort out the mess......
    Of course, if neither you nor the seller have solicitors and are both DIYing, well, sorry - you are on your own! That's what comes of trying to do a complex legal transaction without proper legal understanding......


    Hi yes we are using a solicitor

    we went into our solicitor office and signed the contract  
    ????? But just now you said
    Hi so contracts sent to us we signed and sent back to seller to sign they returned them back signed and dated so are they not exchanged?
    Did you give it to your solicitor or send it to the seller?



  • FTbuyer12
    FTbuyer12 Posts: 29 Forumite
    10 Posts
    greatcrested said:

    FTbuyer12 said:
    greatcrested said:
    FTbuyer12 said:
    greatcrested said:
    I don't believe the OP has Exchanged.
    Signed. Yes. But not Exchanged.
    His seller also has probably signed.
    But I don't believe contracts have been exchanged.
    May be wrong of course, but whole tone of the posts, and the repeated substtution of the word 'signed' for 'exchanged', combined with the apparent nonchalance of his conveyancer over the failure to Complete.....
    Hi so contracts sent to us we signed and sent back to seller to sign they returned them back signed and dated so are they not exchanged?
    Are you doing the conveyancing yourself? Not using a solicitor? If so, clearly you should not be as you do not know enough to DIY.
    If using a solicitor, I assume the solicitor sent you the contract to sign, with an instruction
    * to sign it
    * not to date it it
    * to return it, signed, undated, to him (the solicitor) not to the seller.
    Re-read the letter the solicitor sent you with the contract!
    Having said that, if you and the seller have ignored your respective solicitors in the way you describe, yes, you may have Exchanged, in which case you need to inform your solicitor and let him try to sort out the mess......
    Of course, if neither you nor the seller have solicitors and are both DIYing, well, sorry - you are on your own! That's what comes of trying to do a complex legal transaction without proper legal understanding......


    Hi yes we are using a solicitor

    we went into our solicitor office and signed the contract  
    ????? But just now you said
    Hi so contracts sent to us we signed and sent back to seller to sign they returned them back signed and dated so are they not exchanged?
    Did you give it to your solicitor or send it to the seller?



    yes we signed it in our solicitors office to send to the sellers solicitors  
  • Tiglet2
    Tiglet2 Posts: 2,680 Forumite
    Seventh Anniversary 1,000 Posts Photogenic Name Dropper
    FTbuyer12 said:
    greatcrested said:

    FTbuyer12 said:
    greatcrested said:
    FTbuyer12 said:
    greatcrested said:
    I don't believe the OP has Exchanged.
    Signed. Yes. But not Exchanged.
    His seller also has probably signed.
    But I don't believe contracts have been exchanged.
    May be wrong of course, but whole tone of the posts, and the repeated substtution of the word 'signed' for 'exchanged', combined with the apparent nonchalance of his conveyancer over the failure to Complete.....
    Hi so contracts sent to us we signed and sent back to seller to sign they returned them back signed and dated so are they not exchanged?
    Are you doing the conveyancing yourself? Not using a solicitor? If so, clearly you should not be as you do not know enough to DIY.
    If using a solicitor, I assume the solicitor sent you the contract to sign, with an instruction
    * to sign it
    * not to date it it
    * to return it, signed, undated, to him (the solicitor) not to the seller.
    Re-read the letter the solicitor sent you with the contract!
    Having said that, if you and the seller have ignored your respective solicitors in the way you describe, yes, you may have Exchanged, in which case you need to inform your solicitor and let him try to sort out the mess......
    Of course, if neither you nor the seller have solicitors and are both DIYing, well, sorry - you are on your own! That's what comes of trying to do a complex legal transaction without proper legal understanding......


    Hi yes we are using a solicitor

    we went into our solicitor office and signed the contract  
    ????? But just now you said
    Hi so contracts sent to us we signed and sent back to seller to sign they returned them back signed and dated so are they not exchanged?
    Did you give it to your solicitor or send it to the seller?



    yes we signed it in our solicitors office to send to the sellers solicitors  
    There are two contracts - one which you sign and return to your solicitor (undated), one which the seller signs and returns to his solicitor (undated).  The two contracts sit on the respective solicitors' files until everything is ready for exchange and setting a completion date.  You will be asked to give your authority to proceed with the exchange on the actual day (and so will the seller), then the two solicitors phone each other and do the exchange verbally and they each date their contracts, with the date of exchange and the date set for completion.  Then both solicitors will post their respective contracts to each other (i.e. swap contracts).
  • bigmortgage
    bigmortgage Posts: 68 Forumite
    Part of the Furniture 10 Posts Combo Breaker
    edited 24 March 2020 at 4:52PM
    bigmortgage said:
    Ask you solicitor.
    /\ /\ /\ /\
  • greatcrested
    greatcrested Posts: 5,925 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    So as I said about 10 posts back, you have almost cerainly not exchanged.
    Your signed contract is sitting in your solicitor's filing cabinert waiting to be exchaned....
  • FTbuyer12
    FTbuyer12 Posts: 29 Forumite
    10 Posts
    edited 26 March 2020 at 11:24AM
    Thank you all for the above it opened my eyes.
    We spoke to our solicitor during the week to see what we could do. But hours later got an email from sellers solicitors to say that the vendors funds are now in the "issuing queue with the bank" so i don't know how long this part takes? i say it should take a day to transfer from bank to solicitor, i hope it means we have the keys by Friday.
  • greatcrested
    greatcrested Posts: 5,925 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    I'm amazed the seller's solicitors are communicating with you direct. Did they at least copy in your solicitor?
  • FTbuyer12
    FTbuyer12 Posts: 29 Forumite
    10 Posts
    greatcrested said:
    I'm amazed the seller's solicitors are communicating with you direct. Did they at least copy in your solicitor?
    sorry bad wording on my part. Our solicitor forwarded on what the seller solicitor emailed
    My mistake
  • FTbuyer12
    FTbuyer12 Posts: 29 Forumite
    10 Posts
    Well still waiting for sellers funds to be released from Bank. I guess it will taken longer now with whats going on .My solicitor was hopefully for today since the funds were issued Wednesday but still nothing. 
    I just hope no more delays at this stage 
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