Offer accepted 12 days ago, buyer still hasn't appointed solicitor or booked valuation or survey in

Bossypants

Thanks all. To answer the questions there is no chain on either side and we are not first time sellers. In the past when we have either bought or sold both parties have appointed solicitors within the week and mortgage valuations booked pretty quickly, even if of course they don't happen right away. We'll give it another little while.

theartfullodger

Bossypants said:

Just wondering whether it's unreasonable for us to be getting anxious at this point? The agent spoke to them Monday morning and they told her they had had a solicitor lined up and were just 'getting a few final details to their mortgage advisor'. They asked her to please reassure us that they were doing everything possible to move things along. They are first time buyers so perhaps it's to be expected that they are taking longer than someone with more experience, but even so we can't help but worry that after almost two weeks they have shown no evidence of investment in the sale beyond their word. On the other hand we don't want to make them feel harassed by chasing too much. 

Entirely buyer and seller's decision on what timescales to operate under.  Nothing stopping you , in line with interesting name, pulling out and going elsewhere.

I've had v short timescales (a few weeks, buying with cash buying another property) and many many months (selling late brother's house, almost no records, house largely untouched since 1971.)

Free country, your choice what timescales you will accept (or not).

Amazingly very rare for both parties wanting identical timescales.  Who'd ave guessed eh?

kingstreet

Bossypants said:

Thanks all. To answer the questions there is no chain on either side and we are not first time sellers. In the past when we have either bought or sold both parties have appointed solicitors within the week and mortgage valuations booked pretty quickly, even if of course they don't happen right away. We'll give it another little while.

In which case, when the memorandum of sale is issued we would gather the supporting documents and once in hand, issue final illustrations for consideration. The application would be submitted once the chosen product was finalised and the type of valuation/survey decided.

We can usually get from application to offer in two weeks or less by being fully prepared before the application is submitted.

Albermarle

mills705 said:

Do they have an AIP? 

They are probably proving information to their mortgage advisor to get the offer rolling before appointing a solicitor. 

Usually surveys are done by 1 person and you combine the valuation + homebuyers one together to save on fees if they are waiting on an offer then they will be doing that.

It is possible that both surveys can be done at the same time, but only if;
1) The mortgage provider offers Homebuyer surveys as part of their package ( many do not)
2) The Valuation survey is actually done in person, many are 'drive by' or 'desktop' 

Bossypants

theartfullodger said:

Bossypants said:

Just wondering whether it's unreasonable for us to be getting anxious at this point? The agent spoke to them Monday morning and they told her they had had a solicitor lined up and were just 'getting a few final details to their mortgage advisor'. They asked her to please reassure us that they were doing everything possible to move things along. They are first time buyers so perhaps it's to be expected that they are taking longer than someone with more experience, but even so we can't help but worry that after almost two weeks they have shown no evidence of investment in the sale beyond their word. On the other hand we don't want to make them feel harassed by chasing too much. 

Entirely buyer and seller's decision on what timescales to operate under.  Nothing stopping you , in line with interesting name, pulling out and going elsewhere.

I've had v short timescales (a few weeks, buying with cash buying another property) and many many months (selling late brother's house, almost no records, house largely untouched since 1971.)

Free country, your choice what timescales you will accept (or not).

Amazingly very rare for both parties wanting identical timescales.  Who'd ave guessed eh?

Re my username, it's one I picked randomly years ago off a book title after my preferred one was unavailable, and honestly every time I log in having not been online for some years, it irritates me. I can't seem to change it though, anyone know if it's possible?