Excited! But what will happen tomorrow?

vwjo

Evening All........ we've had our offer accepted, survey/valuation done, mortgage agreed, now we have to go see the solicitor tomorrow with a cheque for our deposit and stamp duty!

Am I right in assuming that we will suggest a date for completion to our solicitor tomorrow, and that the completion date will be the same as the contract exchange date?

I'm so knackered with the whole thing, I've completely lost track of where the process takes us next!

SquatNow

You're not knackered, your totally f**ked.

Actually not true. When you complete, then you'll be f**ked.

tomstickland

Bit of a funny thing to say.

andys15

why is he. please tell

vwjo

SquatNow wrote: »

You're not knackered, your totally f**ked.

Actually not true. When you complete, then you'll be f**ked.

You don't think I'm doing the right thing then?

vwjo

Thanks Spurs-Nut! I really appreciate your kind words.

I am touched by Squats concern for my welfare, but at the end of the day, I figure I'd much rather regret going for it, than not!

I accept the worst case scenario, and anything better than that is a bonus, right?

May all our glasses remain half-full as a minimum standard.

boinging_2

I hope that it all works out for you...

As this is a moneysaving site I would just say have a look at the news today and think long and hard about where prices are going. If you've got a good deal and can afford not to move in the near future then hopefully it all works out!

vwjo

boinging wrote: »

I hope that it all works out for you...

As this is a moneysaving site I would just say have a look at the news today and think long and hard about where prices are going. If you've got a good deal and can afford not to move in the near future then hopefully it all works out!

Thanks boinging - (Christian, or surname?) - I don't intend to move for at least 10 years, so I'm thinking that a lot should happen between now and then. It's just gotten to a stage where I'm 35 years old, been with my company for over 8 years, and am lucky enough to be earning very well at the moment.....if I don't do it now, then I never will! It could all go horribly, disastrously wrong - and if it does, then I'll deal with it the same way I've dealt with every other !!!!!! hand I got dealt in life! There's always plenty of people worse off.......

Zammo

vwjo wrote: »

Thanks boinging - (Christian, or surname?) - I don't intend to move for at least 10 years, so I'm thinking that a lot should happen between now and then.

What will happen? Your new home will lose 50% of it's value, you'll be in negative equity and you'll be absolutely gutted you didn't wait a few years and pick up something twice the size for the same price.

andys15

Zammo wrote: »

What will happen? Your new home will lose 50% of it's value, you'll be in negative equity and you'll be absolutely gutted you didn't wait a few years and pick up something twice the size for the same price.

I am getting sick of this. zammo please tell me how you will afford a house that has falen 50% in value. Will you get a mortgage. Most people waiting 2-3 years for a 50% savings, will get there fingers burnt.

andys15

andys15 wrote: »

I am getting sick of this. zammo please tell me how you will afford a house that has falen 50% in value. Will you get a mortgage. Most people waiting 2-3 years for a 50% savings, will get there fingers burnt.

Answer me this zammo. A house I could afford 4 months ago has now come down in price by 20%, but I can no longer afford it, because of the mortgage rates. so you think that a house falling in value by 50% will be easily affordable. dont answer me by saying you have a big deposit, not everyone will have