Very slow house sale

Sistergold

9 weeks is almost long enough to complete a sale. I know things have been slower at the moment but to have done no search or survey? They are messing you about and January will come and go at this rate. Put your house back on the market! 

UnderOffer

Who told you that the solicitors have not permitted a survey? If this was from your EA, get firm and insist on progress or relisting. Your EA is working for you, not your buyers. 

Surrey_EA

sammyjammy said:

Surrey_EA said:

peterhjohnson said:

I know it's extra expense but I'd get your rental sorted ASAP.  

I definitely wouldn't suggest a client of mine did this. Don't commit to a rental until exchange. To avoid the possibility of being left running two properties.

On the flip side given the rarity of rentals at the moment you also risk being homeless once your transaction has gone through!

Make sure you give yourself long enough between exchange and completion so that such a situation of being homeless is extremely unlikely.

Personally I would be very wary about committing to £10,000 - £20,000 of rent prior to exchange of comtracts.

aoleks

1. solicitor does what the client says, not the other way round. my solicitor got the searches back within days of me appointing her (LA searches excluded, but even these were requested at the same time).

2. 9 weeks is a lot, even during the heat of the stamp duty break, but especially now.

3. re-market, you might get a lot more for the house than you're getting now, those buyers will learn their lesson. you either want to buy, or you waste time.

NQManchester

They might be waiting a solid month for a surveyor to have availability at the moment so I’d want to know it was booked in personally.
We moved into rented in between selling and buying and I’d recommend getting an indication that you’re pretty much ready to exchange and then if you see anywhere you like you can normally pay a weeks rent holding fee to secure the property and then you don’t have to sign any actual tenancy agreements till they’ve done their background checks. Time it right and you can find somewhere before exchange but not be tied in fully until after. You are risking the holding fee if exchange is delayed but I thought that was worthwhile risk.