The NEW waiting to exchange thread...

123kl · 6 August 2018 at 3:35PM

thethirdbar wrote: »

11 months ! is that all in the same chain or have you had some fall through too ? i dunno how you've not just thrown the towel in at this stage and given up entirely.

Yep all in the same chain. when our offer was accepted our vendors vendor dropped out so they were looking for another properties. than they were going to go into rented so that we could move and they didn't have to rush finding a house so we got everything packed up just to be told they had changed their mind and weren't going down the rent route they were going to continue looking for somewhere to buy. we kept an eye out for other places but just kept thinking...ahh won't be long and they will have found somewhere and months down the line here we are.

we are in a chain now and only waiting on one of the searches to come back from someone higher up the chain but it's taking forever.

KingMob · 7 August 2018 at 8:03AM

Any tips for dealing with my solicitor being inconsistent/uncommunicative?

Posted a few times about my various woes. FTB, offer accepted in May, no chain, vendor has moved into new place. My solicitor based around 10 miles away uses an online tracking system which is not based on reality and when I query it I get told to ignore it due to system errors.

Keep getting told only outstanding issue is responses to several queries, age of garage, when house was extended, maintenance of shared driveway. These have been outstanding for 6 weeks. Spoke to vendor who assures me his solicitor has been given the info. Two weeks ago found person I've been dealing with in my solicitors stopped responding to voicemail, so wrote them a letter and phoned to escalate. Mysteriously started to receive email responses as soon as I phoned which claimed everything had been resolved and my suggested completion date of 15th August agreed.

Online tracking updated on 3rd to say offer had been posted. Late yesterday I received an email to say offer is being held until responses are received which contradicts what I was told 2 weeks ago. Also some queries about bank transactions from April, which leads me to believe my solicitor has left everything to last minute.

Getting sick of inconsistent comms from my solicitor, lack of progress and being unable to plan anything as have no confidence in completion date. Vendor and vendor's estate agent have been great, would it be reasonable to ask them to chase the vendors solicitor for an update when I expect they are not the hold up?

Tink_x · 7 August 2018 at 9:27AM

FTB here.
Exchange has failed twice now.
On Friday by the time it reached top of the chain it was too late in the day so had to be restarted Monday.
Then on Monday it exchanged all way back to top of chain again only for there to be an !!!8220;issue!!!8221; with the top house that needed sorting, apparently it!!!8217;s been sorted now but again too late in the day for exchange.
So third attempt today. I!!!8217;m fed up and been full of anxiety for weeks.

When we offered on this house, we were told the house vendors were buying was not in a chain and they would be willing to move in with family to get a quick sale. Needless to say all of this was BS and didn!!!8217;t happen. The chain is six houses long. Losing patience.

IrritableFTB · 7 August 2018 at 10:56AM

Morning Ladies & Gents,

I've got a quick question regarding exchanging.

Me and my partner are due to exchange on Thursday (Chain free, empty house, FTB), and I've got a *Very* panicky partner who is worrying she's missed something, we've currently got;

Mortgage approved and ready to go
Deposit from Parents (lucky me) as a Bankers Cheque (is this an issue?)
Copy of Letter from parents outlining the deposit is a gift (previously sent to lender)
Parents ID and proof of address
Home insurance starting Thursday (I've read that once the contracts for a freehold property are exchanged, the buyer is then responsible for the home insurance, if this is wrong, naughty Google)

Do we nee anything else?

All help appreciated as we don't have a clue what happens next.

jennhg88 · 7 August 2018 at 11:08AM

The solicitor won't ask you for authority to exchange if you have missed something.
You're fine.

jedthehumanoid · 7 August 2018 at 11:30AM

So close - one query outstanding apparently then we're ready to go. We're first time buyers purchasing a probate property so no reason for completion to take any time after exchange. Hoping to be in really soon so we can do a little bit of work before we have to leave our rented property at the end of August.

jedthehumanoid wrote: »

Progress! Contract and TR1 form received today to sign in readiness for exchange. Solicitor has also requested deposit funds and sent us a completion statement. Can see us taking another hit in the wallet as any completion date requested within 2 weeks of exchange attracts a fee but we want to be in ASAP. The end may be in sight.

jennhg88 · 7 August 2018 at 12:58PM

Our land registry issue is resolved! :T

The other land registry issue at the bottom of the chain is nearly resolved too, it's just with their solicitors now to finalise.

Just this pointless stupid survey on the property at the bottom of the chain to get through, then we might finally be able to exchange!?
Aiming for completion date of 22nd. :eek:

Magnus91 · 7 August 2018 at 4:18PM

Magnus91 wrote: »

Estate agent finally got in contact with the seller and apparently we will be receiving responses to our enquires today.

Although I'm not very hopeful because it took us 7 weeks to get draft contracts and every time they would say "you'll have it by the end of the week".

I don't understand why people can't just be honest :undecided

As predicted, we have not received the responses yet, EA chasing up AGAIN.

TamsinC · 7 August 2018 at 5:08PM

:mad:Two very frustrating hours on the phone to the solicitors from my hubby today. In the end he was telling her how to do her job. So annoyed. I feel a formal complaint coming on. So FINALLY managed to get her to accept a completion date from us to talk about with the vendors solicitors, FINALLY got her to agree to send out the contracts for us to sign and get back, FINALLY got her to agree to complete the draft statement of monies so I know where to send the deposit etc to. GRRRRRRR

:mad::mad::mad::mad::mad::mad::mad::mad::mad::mad::mad::mad::mad::mad::mad::mad: