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Anyone else just really tired all the time!?
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neydejean said:I think the worst part is being stuck in limbo.
I know I'm moving and it feels simultaneously happening soon and far away yet. I want to pack but there's no point packing so early. I want to buy furniture but it doesn't make sense yet. I can't really make many plans because I can't guarantee where I'll be living1 -
I feel like I could've written your post! We're first time buyers who started the buying process last August...our tenancy ended, we moved into my in-laws' to carry on looking for our first place, and ended up staying there for 6 months
We left the in-laws' to go into an air bnb local to our new flat in February, when it finally looked like we were about to exchange, and it all fell through at the last minute!!
2 weeks in an air bnb has since turned into 7 months in about 7 air bnbs, each time only booking for a few weeks or a couple of months at a time "just in case" we finally find somewhere or finally exchange. We are TIRED.
Looks like we will hopefully be exchanging on our lovely new house around the end of September, and we can barely be arsed any moretook us 2 weeks to send the signed contract back to our solicitors.
It's partially about having been in limbo for so, so long (stuff in storage since November), and partially about knowing that the limiting factor is our seller's onward purchase, so there's not really much point in us rushing around.
Once they tell us they're ready to exchange, it'll probably be a mad rush to line up our deposit, figure out how we connect to utilities, book in tradesman, decide how we might like to decorate, etc., but the thought is just overwhelming rather than exciting at this point.1 -
Yes!
It took me months to find one I even liked.
Found one I loved loved loved and I've been exhausted with worry ever since.
It's got tenants in and they aren't happy to be forced out after being promised they could stay long term. This I understand fully.
The sellers are supposed to be eager to sell but I found out today they haven't fully instructed their solicitor so we are completely stalled.
House has been mispriced, someone has messed up on the valuation. I'm expecting it to be valued 5-10% higher than my offer price and will be back to renegotiation.
I've decided I'm not giving in my notice on my rented house until I have the keys in the door so at least moving can be less worry.0 -
EndlessStruggle said:Yes!
It took me months to find one I even liked.
Found one I loved loved loved and I've been exhausted with worry ever since.
It's got tenants in and they aren't happy to be forced out after being promised they could stay long term. This I understand fully.
The sellers are supposed to be eager to sell but I found out today they haven't fully instructed their solicitor so we are completely stalled.
House has been mispriced, someone has messed up on the valuation. I'm expecting it to be valued 5-10% higher than my offer price and will be back to renegotiation.
I've decided I'm not giving in my notice on my rented house until I have the keys in the door so at least moving can be less worry.
Last year, when all parties in our chain were almost ready to exchange (approx 3 months and several ££s in) we lost our purchase. Long story short, our vendors were moving in with family until tenants in their onward purchase vacated, supposedly in 3 months.
Guess what. Tenants, as is their right, did not want to vacate, and partly due to COVID legislation, it would have taken more than a year to go through all the legal eviction processes. Instead, landlord withdrew from the sale.
We, and our vendors, who were moving to their 'forever' home with 2 small boys, were devastated. We ended up breaking the chain & moving into temp accommodation rather than lose our sale.
My advice... look for another property unless you are 100% certain tenants are committed to moving out.0 -
This probably isn't what you want to hear but.....
Last year, when all parties in our chain were almost ready to exchange (approx 3 months and several ££s in) we lost our purchase. Long story short, our vendors were moving in with family until tenants in their onward purchase vacated, supposedly in 3 months.
Guess what. Tenants, as is their right, did not want to vacate, and partly due to COVID legislation, it would have taken more than a year to go through all the legal eviction processes. Instead, landlord withdrew from the sale.
We, and our vendors, who were moving to their 'forever' home with 2 small boys, were devastated. We ended up breaking the chain & moving into temp accommodation rather than lose our sale.
My advice... look for another property unless you are 100% certain tenants are committed to moving out.
I'm still looking at other properties, just in case.
They were really nice people and I think just venting at the estate agent.
I don't blame them at all as the landlord sent them a text saying someone was coming to value the house as they are selling it and they got an email/letter shortly after with the 4 months notice.
Then within days people are in the house viewing it.
We aren't in a chain and if the tenants want some extra time I'm okay with that.
I'm not in a rush but whether the seller would agree to that if we need to is another thing.
I have my fingers crossed as it is the perfect home for me.0 -
Just for balance - I'm actually a tenant currently who was served a section 21 (6mths notice due to covid at the time) which is due to end late October ( I guess which is adding to the stress of waiting for exchange/completion!). I viewed a house with the agent who I rented through (wasn't comfortable with this as I didn't want them to know I was looking to move) but what can you do. Loved the house, put an offer in, went to best and final - the sales team phoned me up to let me know the bad news, then literally 30mins later the rentals team phoned me up to say by complete coincidence my landlord had phoned them to discuss selling and to serve me the section 21. That was not a good day! Then the craziness of house prices May, June and July ensued!
Anyway I have no intention of staying past my move out date. If it does all fall through (and theres no reason to think it wouldn't), I may need a reference for another rental and staying put past that date I don't feel would be in my best interests to do to get that.28th April - MIP submitted and issued
23rd June - Offer Finally Accepted On A House!
23rd June - Full application submitted through broker
19th July - Mortgage offer received
23rd July - Draft contract received
26th July - Searches requested
2nd August - Survey completed0 -
Tdelete 1231 -
EndlessStruggle said:This probably isn't what you want to hear but.....
Last year, when all parties in our chain were almost ready to exchange (approx 3 months and several ££s in) we lost our purchase. Long story short, our vendors were moving in with family until tenants in their onward purchase vacated, supposedly in 3 months.
Guess what. Tenants, as is their right, did not want to vacate, and partly due to COVID legislation, it would have taken more than a year to go through all the legal eviction processes. Instead, landlord withdrew from the sale.
We, and our vendors, who were moving to their 'forever' home with 2 small boys, were devastated. We ended up breaking the chain & moving into temp accommodation rather than lose our sale.
My advice... look for another property unless you are 100% certain tenants are committed to moving out.
I'm still looking at other properties, just in case.
They were really nice people and I think just venting at the estate agent.
I don't blame them at all as the landlord sent them a text saying someone was coming to value the house as they are selling it and they got an email/letter shortly after with the 4 months notice.
Then within days people are in the house viewing it.
We aren't in a chain and if the tenants want some extra time I'm okay with that.
I'm not in a rush but whether the seller would agree to that if we need to is another thing.
I have my fingers crossed as it is the perfect home for me.
I really don't want to rain on your parade, and hope you get the house. Looking at others is an excellent Plan B though.0 -
Oh yes! Many of the houses that are coming up are houses in need of total renovation as people don't move from the area I am looking in.
Many of them have very old bathrooms. kitchens, heating, electrics etc.
One of the draws of this house was that it is a rental so it has been well maintained.
I would certainly be one of the younger homeowners along that road haha.
I'm a long term tenant too and ex law student so knowing the law etc I would be digging my feet in too if I had no other options so I don't blame them at all if they can't/won't move out in the 4 months.
Just a gamble I am willing to take and hope it pays off as the house is perfect and I don't want to say I'm picky but I knew right away with my rental and this house that they were the house for me.
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House_owner said:neydejean said:I think the worst part is being stuck in limbo.
I know I'm moving and it feels simultaneously happening soon and far away yet. I want to pack but there's no point packing so early. I want to buy furniture but it doesn't make sense yet. I can't really make many plans because I can't guarantee where I'll be living12/03/21 - House put up for sale
05/04/21 - Offer accepted for sale of house
10/04/21 - DIP approved
13/04/21 - Offer accepted on purchase of house
28/04/21 - Mortgage application made
30/04/21 - Mortgage offer received
15/06/21 - Searches ordered
28/06/21 - Searches received
22/07/21 - Enquiries raised
03/08/21 - Enquiries returned, 1 outstanding issue
19/08/21 - Enquiries on purchase satisfied. Ready to exchange
08/09/21 - Exchanged
10/09/21 - Due to complete0
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