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FTB - Vendor Taking So Long
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swingaloo2 said:We are buying a house with exactly the same situation. Our offer was accepted 3 months before yours back in June, its cash purchase and the house has been unoccupied since March. We have finally exchanged and got a completion date for the end of November. So 6 months for the same reasons, probate issues, one of the family living abroad, sellers lack of enthusiasm for getting the house emptied. Add to this a touch of 'vendor awkwardness' and what could have been a fast sale with no chain has still taken 6 months.
I was like you at the beginning as we had an 'anticipated completion date' of 24th July on the first lot of paperwork so I built my expectations way too high thinking I would be moving in time to still have light nights, nice weather etc but soon came down to earth.
Out of interest, how often were you chasing for updates?0 -
Another thought - you cannot count the weeks from 1st or 7th September - that's only when your offer was being considered and eventually accepted.
As a PP said above, there are three vendors who have to all sign paperwork, and one of them lives in Spain. If they are not particularly IT proficient, you will need to be patient as everything may have to be posted to them and posted back, which is obviously going to impact on response times. You haven't even got to the enquiry stage yet - you will need to be particularly patient then! I do think you need to allow sufficient time for everyone to do their bit otherwise you will be stressing out before the real work actually begins. You don't say if you are also selling.0 -
@Tiglet2
Nope, we have received no draft contracts. That is what we are waiting for. I have asked the EA several times to ask them what forms are being returned by they never do! They just say either "forms" or "paperwork" which doesn't give me any real clarity? And its always accompanied with "shortly" or "hopefully" which also gives me no definitive answer.
I guess because my partner and I are pretty tech savvy so we are able to complete everything the same day it is sent (or within a couple of days at most) so the contrast of someone not being able to do this is more apparent to us?
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ashleighduguid said:@Tiglet2
Nope, we have received no draft contracts. That is what we are waiting for. I have asked the EA several times to ask them what forms are being returned by they never do! They just say either "forms" or "paperwork" which doesn't give me any real clarity? And its always accompanied with "shortly" or "hopefully" which also gives me no definitive answer.
I guess because my partner and I are pretty tech savvy so we are able to complete everything the same day it is sent (or within a couple of days at most) so the contrast of someone not being able to do this is more apparent to us?0 -
Tiglet2 said:ashleighduguid said:@Tiglet2
Nope, we have received no draft contracts. That is what we are waiting for. I have asked the EA several times to ask them what forms are being returned by they never do! They just say either "forms" or "paperwork" which doesn't give me any real clarity? And its always accompanied with "shortly" or "hopefully" which also gives me no definitive answer.
I guess because my partner and I are pretty tech savvy so we are able to complete everything the same day it is sent (or within a couple of days at most) so the contrast of someone not being able to do this is more apparent to us?0 -
To be honest, the EA is working for the sellers and they can push as much as they are able to get the sellers to complete and return their initial forms to their solicitor, but the EA cannot force them to do it in a timely manner. The updates you have had are probably as much as the EA knows. Have your solicitors contacted the sellers solicitors to chase up draft contracts? I am not sure how you've managed to obtain searches without the draft contracts - most solicitors will not order them before receipt.0
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@Tiglet2
No I can appreciate that no one can force anyone to do anything. The EA has said that the vendors are conscious of "not holding anything up". I do just think they are old-school and do things in that fashion so are happy to amble along as it is inconsequential (other than receiving the money from the sale) to them as they are not moving anywhere. In terms of the searches our solicitor ordered them once our mortgage offer was back and then independently from this the EA told us to get on with the searches too.0 -
The only advice I can give you, for your own sanity, is to reflect that you've done everything you possibly can for the time being - so you can afford to sit back. You do need to manage your own expectations.
The estate agent is working for the vendor, not you, and it seems they'll tell you things to fob you off because they're being chased about matters which are beyond their control.
Rather than chasing the EA, I don't see anything wrong with contacting your solicitor, say, once a fortnight to touch base and if anything significant has happened then contact the EA. Sometimes this CAN help things along, and you'll probably find that there will be more contact once things have started to move.
House buying and selling is a drawn-out, stressful and frustrating business unless you're very lucky; you only have to look at threads on here to see how apparently simple transactions can take ages. You have all the disadvantages you've outlined above, so it's going to take longer than usual. It's not that you're being unreasonable by wanting to speed things up - totally understandable, in fact! - but you do need to be realistic. There may be very good reasons why the vendors do not respond to voicemails until the following day, for example.
Good luck!0 -
ashleighduguid said:swingaloo2 said:We are buying a house with exactly the same situation. Our offer was accepted 3 months before yours back in June, its cash purchase and the house has been unoccupied since March. We have finally exchanged and got a completion date for the end of November. So 6 months for the same reasons, probate issues, one of the family living abroad, sellers lack of enthusiasm for getting the house emptied. Add to this a touch of 'vendor awkwardness' and what could have been a fast sale with no chain has still taken 6 months.
I was like you at the beginning as we had an 'anticipated completion date' of 24th July on the first lot of paperwork so I built my expectations way too high thinking I would be moving in time to still have light nights, nice weather etc but soon came down to earth.
Out of interest, how often were you chasing for updates?
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Tiglet2 said:I am not sure how you've managed to obtain searches without the draft contracts - most solicitors will not order them before receipt.0
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