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  • FIRST POST
    • happytails
    • By happytails 27th Jul 17, 5:20 PM
    • 1,515Posts
    • 9,224Thanks
    happytails
    The NEW waiting to exchange thread...
    • #1
    • 27th Jul 17, 5:20 PM
    The NEW waiting to exchange thread... 27th Jul 17 at 5:20 PM
    So the other thread has gone awol so thought i'd start a new one! It was keeping me sort of sane during the house buying/selling process!

    A place to document your timelines and discuss the triumphs and woes of moving house!




    My timeline -
    Offer received and accepted on our house 17/07
    Offer made and accepted on the house we want 17/07
    Solicitors Instructed 17/07
    Meeting with mortgage advisor, all docs given 18/07
    Mortgage application submitted to Nationwide 19/07
    Documents picked up and filled in from Solicitor 19/07
    Documents and ID returned to Solcitor 20/07
    Valuation booked 20/07
    Solicitor composes draft contract & starts local searches 25/07
    Valuation carried out 26/07
    Solicitor gave us our fixtures and fittings form for purchase and requested marriage certificate 26/07
    My buyers valuation carried out 27/07
    Mortgage offer given 27/07

    Sarah

    Official MoneySavingExpert.com Insert:

    Hi all! For more help with your move read our guide:

    50+ House Buying Tips
    Last edited by MSE Andrea; 06-10-2017 at 11:50 AM.
    Sarah,

    Trying to move up the house ladder in 2018, running a business with 3 kids in tow & slowly going crazy!
    Member No43 - % Challenge
Page 154
    • Amanda_Cm
    • By Amanda_Cm 13th Mar 18, 4:27 PM
    • 166 Posts
    • 200 Thanks
    Amanda_Cm
    I am so !!!!ed off! My solicitor is off for 2 weeks!?!?!
    • TamsinC
    • By TamsinC 13th Mar 18, 4:37 PM
    • 194 Posts
    • 171 Thanks
    TamsinC
    I am so !!!!ed off! My solicitor is off for 2 weeks!?!?!
    Originally posted by Amanda_Cm
    She should have someone covering for her (mine has 3 others - it can get very confusing) - hopefully she does - but if not what a waste of time!
    • betsie
    • By betsie 13th Mar 18, 5:23 PM
    • 404 Posts
    • 395 Thanks
    betsie
    hi
    Can I ask how long it took from accepting offer to your buyer getting the survey done. it's been 2 1/2 weeks since offer accepted and haven't heard anything.
    Thanks in advance for the info. I'm already bored with the whole thing. I'm really hoping it doesn't drag on for too many months.
    • G.McC
    • By G.McC 13th Mar 18, 5:52 PM
    • 7 Posts
    • 7 Thanks
    G.McC
    Some good news for us - we'd been worried about the lender accepting our proof of deposit but we sent through every document under the sun and they must be satisfied as they've issued us an offer!

    This was via text on Friday so now we're waiting for it to arrive through the post! Anyone else applied through Nationwide and know how long it typically takes?

    Probably being a bit impatient as it's only been a few days but we're keen to get things going as I'm convinced our solicitors will be slow!
    • harz99
    • By harz99 13th Mar 18, 6:15 PM
    • 2,664 Posts
    • 2,591 Thanks
    harz99
    I'm sorry to see that even more people are having issues, and hope that Tootling and Akahotpot both have theirs resolved soon.

    Welcome to the thread ftb_deena, I hope everything progresses smoothly for you.

    Things were moving far too smoothly for us so it was only inevitable that we would hit an issue.

    This morning we received a call from our solicitor as they had not received our deposit. So I called my bank to find out what was going on. The person that I spoke to just said that the payment had been sent yesterday afternoon, and that they would start an investigation that would take 2-3 days to come back. Of course I then call back the solicitor to triple check that I had sent it to the correct account, which I had.

    After further information was passed back and forth to our solicitor, enabling their bank to start a similar investigation from their side, my solicitor mentions that sometimes payments are held in a suspense account for validation before being sent. I thought it was odd that the person I spoke to at my bank had not mentioned this, so I called my bank back. Sure enough, this is exactly what had happened and the payment has now been received.

    It's not every day someone tells you a few tens of thousands of pounds have gone missing... It probably took less than 2 hours from hearing the news to having it resolved, but I just felt physically sick until I heard that it had been received.

    However, now that our deposit has been paid our solicitor is trying to get contracts exchanged today. A complete roller coaster of emotions today; I'll update our timeline when I hear that is has happened.
    Originally posted by Exoterror


    I think you should be asking your bank for compensation for the stress caused by their representative's poor advice and information!
    • fozziebeartoo
    • By fozziebeartoo 13th Mar 18, 6:20 PM
    • 1,554 Posts
    • 12,607 Thanks
    fozziebeartoo
    I am so !!!!ed off! My solicitor is off for 2 weeks!?!?!
    Originally posted by Amanda_Cm
    Ours too!! But he said he has a Locum.
    • Tootling
    • By Tootling 13th Mar 18, 6:26 PM
    • 34 Posts
    • 26 Thanks
    Tootling
    Would you mind to wait a further 3 months... Lol. That is hilarious, in those moments when if you don't laugh you'd just cry moments. How rude. We had a bit of a scare in our chain when the EA for the wrong end of the wrong stick. For about a day i was fuming thinking shine idiot had pulled out of their purchase and hoping they'd have the common sense to decide to go into rental.

    It's understandable getting cold feet or realising you can't proceed, but if that happens and you still want to sell your house and know you have a free people behind you... Find a plan b!

    I hope he does coke up with a plan B. No one likes plan B but there you go.

    Congrats Exoterror for your much better news. I hope it will be catching. Just like my swearing seems to be!

    Amanda... Our sol is off on a holiday too. She only went on one a couple of weeks ago. I see where all our money is going so she can go swanning off somewhere whilst we sit about in limboland. But there should be someone there to deal with things. Ours was on holiday during the completion of the sale of our house. And that went fine.
    • Amanda_Cm
    • By Amanda_Cm 14th Mar 18, 8:26 AM
    • 166 Posts
    • 200 Thanks
    Amanda_Cm
    3 months is a joke really!
    Tootling really hope so.
    Yesterday I called them and they said Redemption certificate was received and the other solicitors are waiting on money to cover negative equity. They said the money is sent already and if the solicitors see it today, we may exchange and complete Friday.
    Don't trust them anymore. Told them if there is nothing happening till Friday I want the money send back to our lender.
    Then I will insist on 1 week between Exchange and Completion so no more mortgage rates paid without even having a house.
    • x_malibubabe
    • By x_malibubabe 14th Mar 18, 9:27 AM
    • 22 Posts
    • 9 Thanks
    x_malibubabe
    Still nothing for me - waiting for the management pack from the seller (leasehold flat), everything else is ready to go!

    Our proposed exchange date is next Thurs 22nd March but I'm losing hope that things will progress before then. How quickly can things be done once they get the management pack back? say for instance it came back on Monday or Tuesday next week, could we still exchange on Thurs?

    TIA!
    • vicki2221
    • By vicki2221 14th Mar 18, 1:57 PM
    • 62 Posts
    • 278 Thanks
    vicki2221
    Yesterday it transpired our buyers haven't yet proved their deposit, so they still have no mortgage offer. Grrrrrr we were hoping to exchange next week and complete week after. Is it weird that they haven't proved it yet even though they've had weeks? So annoying.

    Oh and our vendor's EA rang up in a panic saying the property developers she is buying from are threatening to pull out due to the delay. Like there's anything we can do about it.
    Last edited by vicki2221; 14-03-2018 at 1:59 PM.
    Save 12k in 2018 #130 - 1200/7,000
    • Tiglath
    • By Tiglath 14th Mar 18, 1:57 PM
    • 3,555 Posts
    • 11,584 Thanks
    Tiglath
    We're in - moved in on Monday. The vendor hadn't properly moved out (including 20 guns in the loft and his shell-making equipment because he trains the military and police), so we had to help him load his stuff into a trailer, before our removals van, the younger generation's removal van and our 15 cats in our car and the Cats Protection van could move in; he was supposed to vacate by 1pm and was still shifting stuff at 5pm, and I had to chase after him with his meds and spectacles. We ended up putting some of the cats in one of the barns. Elderly frail guy so we helped where we could, and will probably stay in contact with him as he's had an interesting life and has only moved a few miles away - there seem to be 3 sets of meters in various buildings, so we're sorting out services etc. About 40 different keys. Got some basic WiFi set up but need an external antenna and various signal boosters - my son-in-law will sort that. At least my PC in my office is okay

    He had to come back the next day for the greenhouse and garage contents, but left us a couple of aspidistras and tons of furniture in the office, workshop, two haybarns, greenhouse, polytunnel - it's like inheriting a flea market. Surrounded by boxes (our box numbering system all went to pot in the chaos so boxes just went into random rooms) but we're getting there. So much house, so much land! 4 chicken sheds and a pigpen. Happy but tired - buying new things and making lists of things that need to be sorted out. There's a cockerel next door but that doesn't bother us - nice to hear. Loving living in the country, even if I will have to commute back to London daily in a couple of weeks.

    Good luck everyone else, whatever stage you're at
    Looking forward to a move to the country!
    • FloppyDisk
    • By FloppyDisk 14th Mar 18, 2:53 PM
    • 629 Posts
    • 4,223 Thanks
    FloppyDisk
    I believe some people have found that to be a good thing and had a much better replacement solicitor! Fingers crossed for you.

    Ours thinks exchange by the 22nd is doable, but we've yet to see any kind of report from him nor a draft contract. If we get a sudden downpour of snow and cripple the post networks we are stuffed!

    Mortgage- 417,249
    BTL- 162,915

    • notanotherknot
    • By notanotherknot 14th Mar 18, 3:55 PM
    • 11 Posts
    • 8 Thanks
    notanotherknot
    Finally decided to post after being a long time lurker of the forums! Im getting more and more stressed with this whole house buying malarkey so figured I may as well vent to like minded people


    Our timeline as it stands:


    House Listed on Rightmove - 21/11/17
    First Viewing - 29/11/17
    Second Viewing - Appointment made with broker - 3/12/17
    Meeting with Broker - AIP received - 5/12/17
    First Offer put in and accepted - 6/12/17 - vendor unfortunately looses out on the house she had found same day!
    Natwest instruct survey to be completed & Countrywide instructed to act as conveyancers - 12/12/17 Homebuyer survey conducted - 20/12/17
    Mortgage offer received - 21/12/17
    All documentation signed and sent special delivery to conveyancers - 3/1/18
    Roofer instructed to assess property based on survey results - 10/01/18
    Enquiries completed in full - 24/01/18
    Searches Satisfactory & Insurance details provided - 30/01/18
    Invoice received from solicitors - 08/03/18

    I think we're on 14 weeks now since we offered? So getting pretty annoyed. We're currently renting and we're bottom of the chain which is a 3 person transaction. So should be fairly straightforward.

    Our conveyancers are a joke - we've been given two false starts with regards to completion so far. Both have fell through because they hadn't checked through the entire chain that everyone was ready to go. The latest date was supposed to be this Friday hence why they sent over their invoice, they cancelled on us Monday so we've refused to send the payment until they check everyone is actually ready.

    Off for a meeting with our mortgage advisor now to hopefully get an update (he works with EA and the conveyancing teams so can get info from both sides)

    • Tootling
    • By Tootling 14th Mar 18, 5:52 PM
    • 34 Posts
    • 26 Thanks
    Tootling
    How do i quote people? Confused!

    Notanotherknot, sounds like you will be wrapping up soon. I can't remember how long it has been for us to be exact bit it feels like ages mostly just waiting and during around like a lemon. I guess xmas falling in the middle made it feel longer but it felt like ages until all the searches were completed.

    x_malibubabe... Management packs can take ages. We had someone waiting for one in our chain and they sped it up finally by ringing the management company themselves. Why they hadn't done that before rather than leave it to their solicitor. They only rang up when i wailed down the phone to my ea about why they hadn't called themselves! We did to get ours. No good leaving it to your solicitor to chase they don't do anything.

    Vicki, sounds a bit frustrating! Done people just don't seem to be with it. Proving or deposit was one of the first things we did. We were on the phone with the finance people asap getting all our crap together and then the process of them asking a million questions! Certainly not something you leave. However saying that... We are coming up to the point where our offer expires. Maybe they just didn't decide to get it so soon knowing it might drag on? Seems unlikely though.

    Tiglath... 15 cats?????? I thought 3 bad enough!

    As for me... Indemnity sorted yau.

    Still waiting for one solicitor to receive one contact. Aaaaaaaahhhhhhh.

    Completion soo fast agreed fur the 27th, just a few days before mortgage offer expires. IF we get to bloody exchange that is.

    And then to arrange removals so close to Easter.

    Aaaahhh for heaven's sake! If i have too wait another day i will go mental.

    I have no job as had to quit mine to move here. Got an interview for the only job available atm that i want. Naturally packed all interview with clothes etching are now in storage!

    I am SO bored. No cats to look after. No job. Nothing. Nothing to do apart from laundry it seems. Nothing but wander town buying books with money I'm no longer earning!
    • spendinglikemad
    • By spendinglikemad 14th Mar 18, 6:07 PM
    • 283 Posts
    • 1,620 Thanks
    spendinglikemad
    So our update is that I had a rather worried solicitor on the phone telling us that the land registry is indeed running late - so even though we paid for expedited submission and the solicitor was in touch there were too many submissions and this caused delays to letters going out adding another 2 week (FFS paid extra and now its late......wish I could get away with that)
    So now land registry has said the 21st March is last day for objections, solicitor said we could go and see our old neighbours and ask if they could respond to say no objections.......I think that is vvvv unlikely to happen and I would assume our neighbours will get legal advice once they receive the letter from land registry and wouldn't take kindly to being pressured by me......

    Our buyers mortgage expires 31st Mar - so there is now pressure finally to get this wrapped up and I hope it works.....

    Going to sign on 23rd and hopefully plan for completion on 30 Mar (doubt that will go down well for good friday................

    Otherwise they will need to request an extension to mortgage offer, all of this caused by solicitor mistakes (initial LR, delays in adverse possession and delays by land registry to do their job.......going to get a GIN and TONIC)

    SLM
    Family of 4 plus cat & pup!
    • Amanda_Cm
    • By Amanda_Cm 14th Mar 18, 6:42 PM
    • 166 Posts
    • 200 Thanks
    Amanda_Cm
    We exchanged today! After me on the phone all day long. Completion - 16th of March witch is Friday. Just paid the buildings insurance.
    • notanotherknot
    • By notanotherknot 15th Mar 18, 9:38 AM
    • 11 Posts
    • 8 Thanks
    notanotherknot
    Tootling - I hope so! Dont think I can take another question from my 3 year old about this new house. he thinks the solicitor is bringing us bricks for the new house bless him. Fingers crossed for you and the 27th though!


    spendinglikemad - That's what part of our hold up was - a land registry issue. They've been understaffed for ages now, surely they should do something about it?


    Congratulations Amanda_cm!


    We spoke to our mortgage advisor last night and hes just as annoyed as us over the delay (he doesn't get the rest of his fee until 10 days past completion) Hes going to put a complaint to the conveyancing team manager and copy his manager in on our behalf, advising that we've refused to deal with the Manchester team of Countrywide anymore due to their incompetencies and passing on of incorrect information to us. However everything is sorted with him now, last bits confirmed and signed and we're literally twiddling our thumbs until we exchange/complete.
    • spendinglikemad
    • By spendinglikemad 15th Mar 18, 9:50 AM
    • 283 Posts
    • 1,620 Thanks
    spendinglikemad
    spendinglikemad - That's what part of our hold up was - a land registry issue. They've been understaffed for ages now, surely they should do something about it?
    Originally posted by notanotherknot
    So frustrating especially when it holds up a sale AND paid extra to expedite the process (should I request my expedited fee back just out of principal when this has all gone through ) its just incompetence plus you cant track where they are with the process.

    Going to take a deep breath count to ten and assume that all is progressing...... I was tempted to go and see my old neighbours to check they received their letter but decided to leave it well alone and not muddy any waters (basically the title deeds for both our houses is incorrect which we only found out on selling ours and I guess our neighbours will have to rectify theirs too - as long as they are in no rush and prepared to pay 300 ish.......

    All I have to do now is motivate poor DH who has manflu, to get his a**e in gear to move 2 scrapheaps renovation projects to our current house (he has been procrastinating as we didn't have a deadline and he had an extra garage there and now we have a deadline he is too sick .....
    Family of 4 plus cat & pup!
    • notanotherknot
    • By notanotherknot 15th Mar 18, 11:02 AM
    • 11 Posts
    • 8 Thanks
    notanotherknot
    So frustrating especially when it holds up a sale AND paid extra to expedite the process (should I request my expedited fee back just out of principal when this has all gone through ) its just incompetence plus you cant track where they are with the process.

    Going to take a deep breath count to ten and assume that all is progressing...... I was tempted to go and see my old neighbours to check they received their letter but decided to leave it well alone and not muddy any waters (basically the title deeds for both our houses is incorrect which we only found out on selling ours and I guess our neighbours will have to rectify theirs too - as long as they are in no rush and prepared to pay 300 ish.......

    All I have to do now is motivate poor DH who has manflu, to get his a**e in gear to move 2 scrapheaps renovation projects to our current house (he has been procrastinating as we didn't have a deadline and he had an extra garage there and now we have a deadline he is too sick .....
    Originally posted by spendinglikemad

    I guess theres no harm in asking for the fee back? Don't ask - you don't get And regardless of any issues LR has, they didn't complete the task in the advised timeframe when you paid for a 'fast track' service. Any other company would refund it.
    • TamsinC
    • By TamsinC 15th Mar 18, 12:28 PM
    • 194 Posts
    • 171 Thanks
    TamsinC
    We exchanged today! After me on the phone all day long. Completion - 16th of March witch is Friday. Just paid the buildings insurance.
    Originally posted by Amanda_Cm
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