Buyers support thread - stressed? Worried? Stuck in a chain? Gazumped? Well come and join us here

(1000 Posts)
Bakingnovice Tue 25-Jun-13 12:31:54

I can't see if there is already a thread like this so here goes..

We finally upped our offer enough for it to be accepted on our dream house. It's been stressful so far and this is just the beginning. We have had so many let downs: vendor changing mind, vendor getting higher offer etc and we hope this sale goes through smoothly. We've been looking for years. Come and join me if you're buying and equally stressed....

Toomuchtea Tue 25-Jun-13 12:46:32

I'll join you. We had a house fall through the week before we were due to move, scrambled into rented, and are now hoping to buy another house. Ideally we need to complete mid next month so we can get a new boiler put in before we have to move out of rented.

We haven't been looking for years - just months, but it's felt like years. Has it been a stressful wait Bakingnovice? It sounds like it.

Bakingnovice Tue 25-Jun-13 13:32:56

Very stressful! We keep being told its a buyers market. Not here up north. The house we like has been on nearly a year but the sellers are calling all the shots. The agents have told us they will mark the propert as under offer and stop showing people around. Not sure if I believe them. The seller has told us they have an asking price offer but the person who has offered can't sell his house. It'd be just my luck that one week before completion this guy magically appears with his cash. We are only a little off the asking price but who knows what will happen.

So sorry to hear about your house falling through. What happened? Is the new house you like better?

Toomuchtea Tue 25-Jun-13 17:18:17

No, not here either: at least not in the area we want. The estate agent here said they'd mark the property as under offer and stop showing people round. They did actually take the house off Rightmove altogether. We made it a condition of our offer, but we are cash buyers so in a strong position.

I wouldn't worry too much about the other offer. If he hasn't sold his house, there's no way he can actually complete. Have you exchanged yet, or are you exchanging and completing on the same day?

As for the house that fell through, we found out we were in a contract race. They sold the house to someone else on the same day (literally, we checked with the Land Registry) they informed us they were returning contracts and not proceeding. The new house is smaller - it's going to be a squash as my son's returned from university and is living with us again, but it doesn't need over 50k of building work, which the other one did!

Bakingnovice Tue 25-Jun-13 18:14:50

We would like to exchange beforehand but our seller has only now started to look for a property to buy so completion can't take place until about oct. we don't mind too much as we can save a bit more, but it means a longer time for someone to gazump us. But then I'm hoping that everyone who wanted to see the house did so whilst it was in the market and there were no offers then so fingers crossed.

Our house too doesn't need much in the way of renovations, which is a good job as its the top top of our budget.

Toomuchtea Wed 26-Jun-13 08:30:26

Oh, I see - October is a long time to wait.

The house we're hoping to buy doesn't need too much doing, apart from a new boiler and hot water system. Absolute luxury compared with previous houses we've had.

Bakingnovice Thu 27-Jun-13 12:43:30

We've got another viewing next week. Just wanted a final look round. It's so hard to buy based on a few looks around! Apparently the seller wants to show us around and is looking forward to meeting us. That should be a positive right? Feeling nervous and I don't know why.

Lottapianos Thu 27-Jun-13 12:52:09

Hi all
I would really value some thoughs on our situation. We have offered the full asking price as it's well within our budget and we love the flat. Offer accepted - hurray. We asked for the property to be taken off the market- were told no, not until we booked a survey. Have now booked survey and have been told by estate agent that answer is still no, not until our mortage has been fully approved. We have an agreement in principle for a mortage for £50,000 more than what we will be paying for this property, but this doesn't seem to be good enough.

It feels like someone is moving the goalposts and it feels unnecessary. We are first time buyers so would welcome some advice. Is this to be expected?

Thanks all

Bakingnovice Thu 27-Jun-13 13:11:45

Lotta - I feel your pain. You'd think that in this so called buyers market buyers would have more clout. We had something similar but when we sent financial info to the agents so they could 'verify we were not time wasters'!!! I specifically stated that the property was to be marked under offer, taken off right move and no further viewings were conducted. Miraculously they agreed. Try and be firm, I know it's hard. Almost like calling their bluff but I do think they are being slightly hard on you. Point out you are a FTB! Good luck and report back.

Lottapianos Thu 27-Jun-13 13:21:16

Thanks Bakingnovice. I guess from their point of view, the fact that we are FTB may mean that they need proof we have been approved financially. Although we have moved on this really quickly so they should know that we are serious and not time wasters. Unfortunately it was my DP who spoke to the estate agent and didn't challenge him on the earlier agreement to take property off market when we had booked a survey.

Misty9 Fri 28-Jun-13 19:56:58

Can I join in? After living in FAR too many rented properties we finally got the go ahead for a mortgage (dh is se) in mid May and found a house we love the following week. Put in an offer. Rejected. Upped it. Rejected.

Fast forward a week and the agent contacted us and said they'd accept it; vendors have already found a house they love and don't want to lose it. All good we thought.

Then today I got a property list email from agent (must still be on mailing list) with OUR house listed on it! Checked rightmove, yep still on there (albeit marked sold stc). Argh! Chased agent this evening and she says it's a mistake but you never know... sad

Our offer was 17k under asking price... But I don't think it's worth what they're asking, and that's only just over 3% stamp duty threshold (yes, we did offer over that...sickening amount of money to give to taxman). We so want to move into our own place finally, but I daren't believe it's happening just yet.

Bakingnovice Fri 28-Jun-13 20:03:37

Misty I know how you feel. Despite assurances to the contrary the house we have offered and been accepted on is still on RM.

And I'm terrified about buying a house at the very top end of our budget.

If I were you I'd try to get it for under the stamp duty threshold. Or is it too late now?

Misty9 Fri 28-Jun-13 21:12:17

Far too late I think sad we're paying 258k - are we really silly? I really don't think they'd have taken 250 as they couldn't afford what they wanted to buy with that.

Fingers crossed! Not much comes up in our preferred area in our budget.

Turnipinatutu Fri 28-Jun-13 21:33:19

I'm very frustrated!!
Our buyers are waiting and getting twitchy and we just can't find a house.
The only house we've found is in a very nice rural area and massively overpriced. I've compared it to other sold prices in the area, although there aren't many, and it appears to be worth around 550k-580k ish. Been on since February and dropped price twice. Now down to 640k.
As it has no central heating, proper hot water system, and needs major updating, plus other issues, so we could offer no more than 500k, due to stamp duty and needing some cash to sort it out, even slowly.
It's been 4weeks since their last price drop. Any hope do you think?
It we could pay full asking we would, as we all love it, despite its faults sad

Bakingnovice Sat 29-Jun-13 00:15:31

Misty - I would still try to get it under 250. You're only just over the threshold. Our agent told us that they never market any houses between 250-300 as they don't sell unless the drop below the threshold. Your sellers are v lucky.

Turnip - offer 500k. It's not a massive drop considering the purchase price. You've nothing to lose.

Turnipinatutu Sat 29-Jun-13 08:31:28

Thanks Baking, I think I will put in an offer on Monday. We did test the water after our viewing and they said they couldn't entertain anything under 600k. But that was 4 weeks ago and it would appear that it hasn't sold yet (I've been checking everyday blush )

Misty- I would have thought that by putting it on at that price they would be inviting offers of 250k. That's an awful lot of tax to pay to give them an extra 8k!

Misty9 Sat 29-Jun-13 08:42:26

It was on for 275-285k... I really don't think they'll go for less, and we really want the house. Scared of being gazumped as it is! sad

Turnipinatutu Sat 29-Jun-13 09:21:23

If you really want it and can afford it, then it's worth it wink

Turnipinatutu Sat 29-Jun-13 09:22:54

Forgot to add, you'd be very unlucky to be guzumped at that price.

Misty9 Sat 29-Jun-13 10:49:47

If you really want it and can afford it, then it's worth it

This is what we thought too smile
I was about to post a thread about whether we're being really silly paying that little over stamp threshold - but I won't now in case it depresses me!

doglover Sat 29-Jun-13 11:35:35

I'll join in this thread, too. The property we're buying is due to be signed off by the Building Inspector early next week (some minor works outstanding after a previous extension) so there's been a bit of a delay at that end.

However, the major stress is coming from our buyers. They had their Homebuyers Survey 11 days ago and nothing more has happened. I contacted our solicitor yesterday who said that the EA had mentioned that something had 'cropped up' on the survey.

I'm probably being a complete ostrich but we have had 3 sales fall through since March and are meant to be exchanging in 2 weeks. Our buyers have been really slow throughout the process which is really infuriating because they're in rented accommodation and should be keen to get things sorted.

Should we find out what the problem is or, being out of our control, do we just sit it out and wait to be informed? I'm anxious that if we put pressure on then they may withdraw which would be heartbreaking.

Any thoughts? confused

doglover Sat 29-Jun-13 16:17:10

Opinions would be welcomed on my previous post!

PareyMortas Sat 29-Jun-13 17:23:33

Doglover, ring the Estate Agents and ask them to chase up the buyers. It's in their interests to get to exchange. Don't just rely on solicitors.

doglover Sat 29-Jun-13 18:47:02

Thanks, PM. I know you're right. I just feel petrified in case it's news of the worst kind. confused

Turnipinatutu Sat 29-Jun-13 19:12:00

Doglover- Seems odd they didn't tell you what the problem was. Or is that normal?
I'd chase if I were you. If they're going to pull out they'll do it whether you chase or not. But fingers crossed all will be fine. Have any of your previous buyers had problems on their surveys?

Misty9 Sat 29-Jun-13 20:39:52

Doglover - why did the other 3 sales fall through? Do you know? I know you don't want to hear the worst, but the sooner the better IMO so get on the phone to that estate agent! Sounds like they had their survey done quite late on in the process if you're due to exchange soon?
Good luck!

doglover Sat 29-Jun-13 20:47:34

Yes, we must be more proactive, you're quite right. I'll phone on Monday morning.

Bakingnovice Sat 29-Jun-13 21:23:25

Dog you must ring the solicitors and agents on Monday. It's always the clients who phone/email everyday who get prioritised. I speak from experience, and you are paying a good fee to both agencies. If you find out it might be something you can resolve quickly. Completion is a few months away for us but nearer the time I'm going to be A pita to solicitors and agents and I know that that is the only way to keep things moving sometimes.

doglover Sat 29-Jun-13 21:34:02

I know that you're all correct and I thank you for commenting. We bought our current property at the height of the boom in 2007 and have reconciled ourselves to selling at a loss (£30k loss so a large amount sad ). My dh has, understandably, found this a massive issue and will not budge on the price that we have finally accepted. If there are any problems with the survey, he is unlikely to budge at all. We are downsizing to reduce to our outgoings and are on a tight budget to refurbish our next house.

God, I hate this process.

littlecrystal Sun 30-Jun-13 00:20:57

Can I moan on here please? So when I thought that everything is going well - got a buyer for my house, got my offer accepted on another house - my mortgage was declined on the basis of affordability. Few months ago I could afford it, but not anymore. This is apparently due to childcare vouchers.. Ah not sure whether to take as a fate as stay put, or fight every corner until I get the mortgage.

doglover Sun 30-Jun-13 14:04:48

Moan away, LC. It does help to off-load! smile

Have you got a financial advisor littlecrystal? Can you not get them to chase up another mortgage for you?

Bakingnovice Sun 30-Jun-13 21:15:02

Little I agree with 50. Go to a financial advisor. We did and have obtained a good mortgage offer very quickly. We wee struggling without a FA.

littlecrystal Sun 30-Jun-13 23:14:35

I am in a fixed deal with thousands to pay for early redemption fee and superb lifetime tracker rate afterwards. It would be mad to switch to another lender. I am hoping I will be able to work out things with my current lender...

Misty9 Mon 01-Jul-13 21:19:09

Doglover - any news??

So we've let all sols and EAs know that we want to exchange by early August...doable? It's just us and the vendors in the chain as they're buying a chain free place. Just waiting on our mortgage offer now and building survey booked in for this week....slowly maybe getting excited grin

Bakingnovice Mon 01-Jul-13 22:35:37

Misty that's v exciting!! Early August is doable. Have you submitted searches etc? And badgered solicitors?

I wanted to ask you all a question. Is anyone else terrified about moving? It's only our second move (after leaving our first home) and I'm feeling anxious. The house we are buying is our dream house and has taken years to find and secure. Suddenly today I feel like its all too scary. Should we be taking a mortgage out in a recession ( been mortgage clear for years). What if the neighbours hate us? What if moving from a detached to a semi will mean lots of mice? What if dh loses his job and we can't pay the mortgage??!! All these silly doubts. For the record, although we are buying at the very top of our budget we can afford the new house!

Dog lover how did it go?

Turnipinatutu Tue 02-Jul-13 09:36:18

We put forward our offer and it was turned down flat sad
We knew it would be really, but just hoped, as there's nothing else out there and we can't go any higher sad

I really can't see us moving at all now.....

doglover Tue 02-Jul-13 11:43:58

Hi folks. News form the EA yesterday was encouraging. The mortgage/survey etc had been delayed in sending to their solicitor - she should receive it today.
The Building Inspector is visiting our new property to, hopefully, 'sign it off' today so things look as thought they are FINALLY progressing after weeks of stagnation smile

Bakingnovice Tue 02-Jul-13 11:48:23

Ah turnip I feel your pain. We have stretched to our max to buy our house. I would be gutted it he seller asked for more money as we would t be able to buy it.

Dog lover good to hear your news. Fingers crossed!

Toomuchtea Tue 02-Jul-13 13:26:52

Turnip is there anywhere to rent? We had nowhere to go to, and ended up renting, which hasn't been as bad as I thought, and did mean we could wait until a house came up in the area we wanted. Only one has in the entire 6 months, but fortunately they accepted our offer. It might well be that if you hang on and wait, the price of that house will come down. It is infuriating though. There are houses around here that have been on the market for 2 years and not budged on price.

Here, we're going in to sign contracts tomorrow. I'm going round the house with the plumber on Friday to sort out how new boiler etc. Just hope it all works out. We're supposed to complete on 21st of this month.

Littlecrystal, good luck. I hope you get somewhere with the financial advisor.

Turnipinatutu Tue 02-Jul-13 20:33:56

Toomuch- Renting not really an option as we have 2dc's and too many animals! I would also be nervous about coming off the property ladder in case nothing came up and prices went upwards.

The EA wasn't totally negative, said they didn't want to consider a low offer AT THE MOMENT. When I said we really couldn't go any higher, so would have to leave it, she said, "Well let's just see"
I keep trying to read into what she said <hopeful>
I'm wondering if they want to give it a few more weeks, maybe till the schools break up? As the market is supposed to slow down around then. (Although it can't get much slower)
I just don't know how much longer ours buyers will be prepared to wait.

Dog- Your news sounds encouraging. Nice to hear news of progress!

Bakingnovice Wed 03-Jul-13 08:56:23

Turnip it doesn't sound too bad then. Maybe keep an eye on it and see what happens. It's usually the more expensive houses that have the bigger price drops. Fingers crossed for you.

We met our seller yesterday. Such a lovely lady, she showed us around and mentioned lovely bits of furniture she was leaving as she was downsizing. However, am awaiting the fixtures and fittings form now as am not sure if she intends to charge or not. I wouldn't mind paying for some bits but I'd rather have my own fridge/washer etc.

Toomuchtea Wed 03-Jul-13 16:05:06

Turnip, we have 2 dcs and animals too, though I did, weep, have to rehome the chickens. Was fairly easy to find landlords prepared to take animals. If you do lose your buyers, are there others around? I do know exactly what you mean about coming off the property ladder - I began to get twitchy after a couple of months. Don't think prices had gone up hugely here, but then if you're in London I can see where you're coming from!

Any news dog?

Here we have yet more delays. The land registry plan is wrong and needs sorting out, for one thing. Sigh. Looks as if we might have to try and extend our rental for a month or two which I really don't want to do.

Betty5313 Wed 03-Jul-13 21:28:20

hello, can I come and join you all? We put our house on the market,at easter and sold in less than a week, found the house we wanted to move to a week later. Our sellers pulled out yesterday so we are back to looking for somewhere to buy. Sigh.

There isn't much on the market in our price range so it is depressing. Went to see two today, one was lovely but I'm nnot sure how practical. anyone got any experience of rayburn stoves/heating? Is it terribly expensive to run? House is old and doesn't have cavity walls so no chance of insulating it. The other was well within budget but too small.

Bakingnovice Thu 04-Jul-13 09:12:12

Hi Betty. No experience of rayburns I'm afraid. Why did your sellers pull out?

sammisatt Thu 04-Jul-13 10:17:00

I'd like to join you on this thread please. We've been looking for a house for 2 years and have finally found somewhere. We've are just waiting for the results of the survey but have found out the buyer is still marketing the property! So we may very well be gazumped. We are going to try and speed things up (we aren't in a chain thank god) and should know where we stand in 2 weeks but I'm really trying not to stress about it. My tactic is the same one I used to take when trying to 'go off' unsuitable men. I'm trying to make myself go off the house because it's a pretentious, over priced twat with delusions of grandeur and there's plenty more fish in the sea anyway. Sigh.

Betty5313 Thu 04-Jul-13 20:03:45

Our sellers were due to move in with parents/build a house on parents land/rent (we never had a clear plan from them!) but fell out with the parents/found it all too stressful. Apparently. Going back to see the possible house again at the weekend.

Musicaltheatremum Thu 04-Jul-13 20:18:01

I'm stressed. Buying a flat in London to rent. Offer accepted wanted quick sale finance all there no chain. Ready to exchange then oh dear the tenants who were to be out by June 15th had their next place fall through. I had hoped to be in by this weekend or next but now will be into August if they get the tenants out. (Court order awaited) don't need to move my tenants in until beg September (daughter and 2 friends) but it needs some structural work done.
I am in limbo as I live in Edinburgh and have no more time to go hunting. I need the property in 8 weeks so no hope of getting anything sooner.

flow4 Thu 04-Jul-13 20:48:03

I'm suddenly terrified, for no apparent reason!

Moving for the first time in over 20 years. Found a house I really like in a new, pleasant area. Kids ok about changing areas (and school, for DS2). Vendors friendly and amenable. Accepted my offer with a reasonable amount of negotiating and stopped marketing immediately. Good communication. Surveying issue resolved amicably. Valuation fine. Mortgage approved. Searches ordered. Everything progressing quickly and seems fine...

So why am I suddenly so anxious?! Is it a lurking feeling that it's too good to be true?! Is it normal to be so scared about it all?!

Bakingnovice Thu 04-Jul-13 22:18:06

Flow I posted the same earlier on. Perfect house, lovely vendor, finance sorted, but am riddled with anxiety. We've been here 15 years, brought our kids home from hospital here, watched them crawl along the hallways, learn to climb stairs. All our memories are here. I'm petrified. I think it's called The move Fear.

flow4 Fri 05-Jul-13 04:29:28

Thanks Baking. It's not just me then! I'm fretting so much I'm awake in the middle of the night - as you can see!
On reflection, there is a lot to fret about! The sale may be proceeding smoothly, but there are big financial implications for me - I'm taking on mortgages to move, after being mortgage-free for several years - and of course there are the practicalitites of moving out of a junk-filled house I've lived in for 20+ years! I'm a single parent too, so the responsibility is all mine...

Aaaaaaaargh! confused shock sad

Bakingnovice Fri 05-Jul-13 06:54:10

Sammi - good tactic. I've learnt through bitter experience that one of the worst things to do is to fall completely in love with the house.

Musical - keeping my fingers crossed for you.

Flow - wow. You are amazing to be dealing with this on your own. And I'm with you on the junk. I have no idea how I'm going to pack our lives. I might even have to start culling years and years of the kids school books!

sammisatt Fri 05-Jul-13 14:31:45

Flow. I think this feeling is normal. I get that feeling when I'm happy and things seem too good to be true! It sounds like at this stage there is nothing likely to go wrong although i imagind you won't be exhaling till you sign on that line!

BramblyHedge Fri 05-Jul-13 14:43:20

Need to vent. We looked round a property which has been on for a year with one failed purchase. We were told they were keen to take an offer, wanted to complete on another purchase etc. We looked as although it is a bedroom short of what we needed, we could extend. We started with 10pc down. Refused. So then tried two more offers. The last offer was what we were told they would accept. It has been refused and they want another 2.5k. I know it isn't much but I am so pissed of I dont want it any more. We are offering 98 pc of asking on a property that has been on for a year ffs.

BramblyHedge Fri 05-Jul-13 14:45:33

Oh...and they are trying to tell us they have done lots of decorating so it is worth it. It is so naff we'd redecorate anyway.

flow4 Fri 05-Jul-13 14:57:29

Houses have often been on the market a long time for a reason, Brambly... There are some odd people out there!

flow4 Fri 05-Jul-13 14:59:12

And thanks, sammi smile

BramblyHedge Fri 05-Jul-13 15:01:05

Yep flow! I am not a game player so can't be bothered with it any more.

BramblyHedge Fri 05-Jul-13 15:01:35

If they want to hold out for the extra 2pc then they can

Bakingnovice Fri 05-Jul-13 15:40:55

Brambly I know exa you what you mean. I just can't believe they are calling today's situation a buyers market. Buyers market my arse!!! I don't blame you for not wanting it.

I've never met a seller who didn't want asking price. Oh, except us. We discounted ours by 25% and then put in new windows and doors. The buyer we had offered 50% of the asking price on the basis that it was a 'complete dump and needed full refurb including new windows and doors'!!! That was the final straw. We took it off the market. We can't give our house away FFs.

BramblyHedge Fri 05-Jul-13 16:08:35

I think their estate agent was a bit 'frustrated' with them!

Turnipinatutu Fri 05-Jul-13 16:34:18

Good for you Brambly. I can't stand the games either.

Baking- 50% of the asking price! shock they must have just been trying their luck.

We now feel we're in a stand off situation having offered our max and the vendors saying no not at the moment. Which I thought was an odd response.
I do wonder if they want to keep marketing at the current price until the end of the month just in case.
I'm assuming things go quiet once the schools break up and everyone is off on hols?

Just hope nobody offers on it between now and then and we could be in with a chance.

doglover Fri 05-Jul-13 18:30:54

I don't want to tempt fate but I may have some good news!! smile Our buyers have finally got their act together and are suggesting exchange next week to complete on Friday 19th July!!

I want to be excited but can't relax until we exchange. It's looking more possible - it might actually happen!!

Bakingnovice Fri 05-Jul-13 18:49:32

Dog that is soooooo exciting! Fingers toes and everything crossed. We might get our first completion of the thread.

Turnip - up here this time is the busiest for sales as its when people are moving for better catchment areas before schools reopen in sept. I really think your sellers might be on the verge of reducing judging by what the agents said.

And yes, offering 50% was a joke. They upped their offer a few weeks later saying it was their dream house, it needed v little work, they loved the new windows yadda yadda yadda. But we had taken it off the market by then and felt the buyers were disingenuous.

Turnipinatutu Fri 05-Jul-13 19:34:55

Dog, that's fab! Keeping everything crossed for you smile keep chasing that solicitor!

Baking- So it went from being a dump, to their dream house.....oh dear, bet they were kicking themselves!

Toomuchtea Sat 06-Jul-13 18:37:55

Feel like I've spent the week on the phone, but it looks like we might exchange next week and complete on the 15th. Can't quite believe it might actually happen - I'm still trying not to get my hopes up just in case something goes horribly wrong.

Good luck dog smile

Baking I think you did the right thing pulling out. Buyers like that often try to pull a fast one further down the line.

Bakingnovice Sat 06-Jul-13 21:13:16

That's great news toomuch!

BramblyHedge Sat 06-Jul-13 21:35:22

After a frustrating few days I sent DH leafleting tonight and he has had a call before even getting home. He is currently looking at a property on our fave road. Probably too much but a quick response!

Bakingnovice Sat 06-Jul-13 22:12:29

Wow. Fingers crossed, it'd be great if you found something and could stick two fingers up at the other vendors.

flow4 Sat 06-Jul-13 22:24:11

That's good Brambly!
One of the most stressful things, I find, is the way nothing happens for ages and ages, and then suddenly everything happens at once! We're not in a position to exchange yet, and probably won't be until the end of next week... It seems to be taking aaaaaages! But if everything is OK then, we could exchange within 2 days, and possibly even complete then too! confused shock

BramblyHedge Sat 06-Jul-13 22:55:05

DH says the house would be perfect. The owners are going to get some valuations next week. I know it will probably come to nothing but it is something to latch on to.

BramblyHedge Sat 06-Jul-13 22:59:46

I know flow. We are only at the beginning and cant believe how stressed I am.

Misty9 Sun 07-Jul-13 15:57:31

Hi all

Good to hear of some progress - and hi to the new joiners. For us, the survey has come back fine and we are days away from getting the mortgage approved. Searches have gone out and we are constantly badgering in regular contact with our sol. Fingers crossed for our beginning of August deadline!

I've chosen wallpaper for some of the rooms already... So excited to finally be getting our own home that we want to decorate a couple of rooms before we move in if poss smile

Bakingnovice Sun 07-Jul-13 20:00:29

Hello misty. Did you get a homebuyers survey or a full structural one?

We are still waiting on survey date (on our current home as we are letting to buy), submitting cheque for searches (again on current home) tomorrow and then fingers crossed mortgage is approved. Really nervous even though remortgaging our current house will release 75% of its equity, and this together with savings means we can buy our new house outright. Hope that makes sense. Still feels scary and in an ideal world would love to have sold this house. But our dream house appeared as if by magic!

Misty - I've been looking at wallpaper too. Not good as I'm trying to not get attached. My biggest dilemma at the moment though is carpets. Currently I have cream throughout, but going to go a bit more sandy hessian coloured in the new house. What wallpaper colours does everyone like??

Bakingnovice Mon 08-Jul-13 17:09:38

Can I ask you all your opinion?

We are remortgaging our current home to 75% of its value of £200k. The £150k will go towards our new home purchase, our current house is mortgage free and we have tried to sell gor ages. The remort will release 150k which is approx 30% of the asking price. The remaining 70% is made up of our savings. So our new home will be mortgage free but we will have a mortgage on the house we vacate. We hope tenants will move in and their rent will cover the mortgage payments. For void periods we could afford to pay the mortgage ourselves.

We have a two year fixed term mortgage and we hope that after two years we can try to sell our house again and totally redeem the mortgage.

Dh runs his own successful business. I'm currently not working but looking to go back in a year. He thinks there isn't much risk but I'm terrified. Dh says that buying a £400k+ house with a small mortgage is not risky and when we let out current house the rent will cover the mortgage payments. I'm not so sure. We've never stretched ourselves to buy but the new house will be our final ever move and needs v little work. Am I worrying too much?

Toomuchtea Mon 08-Jul-13 17:59:08

I am very risk averse so I can see why you're twitchy. Could you set aside enough money to cover 6 months' mortgage payment so that you know you have a cushion? It will earn you diddly squat in a savings account so you could always put it in premium bonds. This is what I do with the next year's season ticket money so I always know we've got it. It probably wouldn't earn you anything, but it would be sort of locked away, and at least you'd know you had it.

Bakingnovice Mon 08-Jul-13 18:11:00

Yes we've budgeted for 10 months mortgage payments. But there's a v high demand for 4 bed properties in our area so we are hoping we will get a tenant quickly.

I wouldn't worry so much if we weren't in a never ending recession!

Misty9 Mon 08-Jul-13 22:47:45

Personally, I wouldn't worry in your situation - but then we've never not had rent or a mortgage so I can see how it's a big change for you having been mortgage free (slightly envious...!)

Sounds like you've budgeted well and know your rental market. I'd also factor in the added complication of selling while its tenanted - and maybe even budget for a few months mortgage payments while its empty at the end? It's a lot of hassle for tenants, and they aren't legally required to allow viewings...

To answer your earlier question, we went for a building survey as the house is 1930s and we saw a large crack in the external bay. I've also bought before and seem to remember thinking the homebuyers report wasn't worth the paper it was written on! Still waiting on the lenders mortgage approval before anything else can really move on.

flow4 Tue 09-Jul-13 07:42:52

Baking, I think you'll be fine. smile I do understand your anxiety though. I'm in a very similar situation, except I'm going from no mortgage to two - a let to buy on my current house to release equity because I can't sell, and a normal residential one to make up the balance on the new house. shock confused

I earn an average, lowish salary, I work in the public sector and I'm a single parent... I'm also risk-averse, so I'm waking up some nights feeling pretty worried! But I'm telling myself that, if worst comes to the worst, and I can't find a tenant or afford all the payments, I can sell the first house cheaply, and be left with just a small mortgage that I can definitely afford...

If you did the same, you'd be left with no mortgage, so your home isn't at risk at all. smile

Bakingnovice Tue 09-Jul-13 08:43:34

Thank you ladies! Brilliant advice. I had a tough childhood with very little money. It was a struggle. I think that's why financial security is so important to me. Flow, how you are dealing with this all as a single parent I do not know! Amazing.

Our search fees and survey fees all paid now, but still daren't get excited.

Any news on exchange dog lover and misty?

doglover Tue 09-Jul-13 09:51:24

Hi BN. I'm in the local village at lunchtime so will be popping into solicitor to check progress. I've provisionally booked a removal firm for next week and a company are coming tomorrow to collect some of our unwanted furniture. It's all starting to happen but still doesn't seem quite real until we've exchanged!

Misty9 Tue 09-Jul-13 15:18:59

No, we're STILL awaiting mortgage approval! The latest is that we're in the "full and final stage" of the process whatever that bloody means and we will hear in the next 3-4 working days. Argh. I don't know why it's taking so long.

Dog - that sounds really positive!

Misty9 Tue 09-Jul-13 16:56:06

Mortgage approved!!! grin just heard. Phew. Now for the legal stuff to run its course... But we're one step closer to owning our first family home smile

Bakingnovice Tue 09-Jul-13 17:51:37

Congrats misty. Very exciting!

Dog lover - hope all goes to plan.

Can I join in? Waiting for the "yes" on an offer 4.5k under asking. Mortgage already approved, I'm a First Time Buyer, and there's no bidding war - just me.

Made first offer of £205 on Sat (on a property listed at £219), "No, but I'll take £215" then I offered £210 Monday morning, "No, but I'll take £215", offered £215 around midday yesterday, and now he's "considering". What!? No reply yesterday, or all day today.

I've told him I need to know by tomorrow morning, and I think if the answer is No, I'm probably out (Dragons Den style). Not because I couldn't go higher, and I do love the house, but I question his integrity - especially at these early stages. However, I love the house.

Can't wait till this bit is over, even though I know it's only the beginning.

doglover Tue 09-Jul-13 20:49:27

I'm having a bit of a wobble confused. We're leaving an 'up-together' house for a total renovation project. Our friend, a builder, has been very honest with us and said he is anxious about the amount of work we are undertaking. We have to live in the house - no money to rent plus pay mortgage - and it will take many months. We've known this was the case but I'm feeling scared.

Hand-holding would be much appreciated!

flow4 Tue 09-Jul-13 22:34:15

Here. Consider your hand held! smile

I'm terrified, frankly. (*Baking*, I don't know how I'm dealing with it all either, tbh!) I have been mortgage-free for 8 years, and since I get no financial support at all from anyone other than myself, it has given me great peace-of-mind to know that even if I lost my job, I'd still be able to keep a roof over my kids' heads... Now I'm changing all that and putting myself into a much riskier financial situation. sad confused I have good reasons for doing it, but I am still wobbling badly...

Bakingnovice Tue 09-Jul-13 22:46:33

Hands here for flow and dog lover. It's all so scary isn't it, and this economic climate makes it feel a hundred times worse. Dog just try and imagine and focus on the final result and think how much value you'll be adding to the house.

Flow, you really are inspirational to have been a single parent and mortgage free. You're obviously financially savvy and I'm sure you've done every possible risk calculation in your head. Fingers crossed that everything works out. It sounds like you are in a fairly good position.

Andwhen - I'm shocked at your seller. Not biting your hand off at £215!! That must be some house. From my experience of both being buyer and vendor, I would say play it v v cool. Ftb are like gold dust. Hang in there!

doglover Wed 10-Jul-13 17:28:15

Thanks for your reassurance smile . Feeling better today!

Thanks bakingnovice. still waiting. Your comment made me realise that I do have some of the power though (my money, a good position and can move fast) so I have told them that I need to hear tomorrow or the offer is off. The waiting has made me "disattach" myself from the house a bit - so tomorrow what will be will be. Either joy or relief but no more tenterhooks. - At least till I find another to offer on. grin

I'm also massively aware of my tiny niggles compared to the genuine hassle and stress some of you are under (thinking of you and feeling for you) - this is only the beginning right?

Turnipinatutu Thu 11-Jul-13 14:34:36

Well it could all be off.
Just found out that DH may be made redundant in 2 weeks time......

Bakingnovice Thu 11-Jul-13 14:52:20

Turnip you poor thing!!! What terrible news. Do you have savings, I hope it will all be ok. Get his cv out ASAP and I hope he gets a good payout. Hand to hold here if you need it

sammisatt Thu 11-Jul-13 15:00:16

Turnip. That's horrible horrible news. How likely is this to happen? Hang on in there.

flow4 Thu 11-Jul-13 15:04:22

Oh NOOOO Turnip!! sad sad
When will you know for sure?

Turnipinatutu Thu 11-Jul-13 16:58:17

Will know in 2 weeks time, he has to reapply for his position, but thinks he will be one of the ones to go.
We would get 6 months pay and I don't earn enough to keep us going.

He said not to pull out of sale until we know for sure and as our buyers have gone off on hols, we wouldn't be able to contact them anyway till the end of the month.
He's registered with agencies already and will look straight away.
It's going to be a stressful couple of weeks!
I can't believe it sad

flow4 Thu 11-Jul-13 17:08:27

It IS going to be a stressful couple of weeks. But at least it's only a couple of weeks... It sounds like he's proactive as well as experienced: that should stand him in good stead. Fingers crossed! smile

Turnipinatutu Thu 11-Jul-13 17:16:46

Thanks all of you.
The support is much appreciated x

Misty9 Thu 11-Jul-13 22:50:16

Oh no turnip sad it might not be the end for you re house buying though - if you've got your mortgage in principle already and dh gets another job soon... <fingers crossed>

Dh is self employed but unexpectedly the contract we've based our mortgage on ended a week ago... Luckily they didn't double check and the mortgage offer came through! And being self employed we've planned for the famine times as well as feast ones, so are still confident about taking the mortgage on.

Hope things work out for you.

flow4 Fri 12-Jul-13 08:35:01

I woke from an anxiety dream last night, in which I woke to find a sort of tadpole-like jelly dripping through my bedroom ceiling from my son's room above, and rushed up to find water flooding through his ceiling from a leaking roof... And I knew I had to get it all fixed before I moved, and knew I couldn't afford it... It was too real for comfort, and it's left me even more anxious than before... sad confused sad

Turnipinatutu Fri 12-Jul-13 10:52:47

Oh that's such a horrible feeling Flow, but dreams like that are the way our minds cope with areas and anxiety.
This is double stress for you because you aren't sharing the responsibility with a partner.
It WILL be fine. You sound very cautious and sensible so I don't think you'd have got this far if it was a reckless move.
Soldier on brew

Turnipinatutu Fri 12-Jul-13 10:55:50

stress and anxiety not areas and anxiety!
Stupid phone!

Bakingnovice Fri 12-Jul-13 11:13:04

Any news turnip? Fingers crossed!

flow4 Fri 12-Jul-13 11:24:27

Thanks Turnip. I AM cautious and sensible, but I'm struggling with the feeling that I might be doing something reckless and stupid right now!
I hate waking up from dreams about waking up... For a little while it's hard to work out if you're really awake, and the emotions feel more real and their harder to shake off. I've had a little cry this morning and I'm going to go swimming in a mo, then sort out some cupboards... But I'm feeling so overwhelmed, I barely know where to start!

Turnipinatutu Fri 12-Jul-13 13:14:10

Do you have a couple of friends or family members you could draft in to help try and get on top of the more practical stuff? If you were local to me I'd be happy to help (would take my mind of my own worrys!)I'm South East, not London.
I always find list making helps. Get the problems, or potential problems, down on paper and come up with some answers and plans in case any of them arise.

And open the wine tonight and remind yourself why you want to do this.

flow4 Fri 12-Jul-13 13:44:45

Aww, thank you Turnip, you're very kind! I'm up north, so I can't take you up on your lovely offer, but I do have friends (not family) to help. It's the waiting and total powerlessness that gets me... I was sort of hoping we'd exchange today, but we can't cos searches aren't back and my solicitor's away, so I'm faced with another week of limbo... It's not the end of the world, but it's stressful... confused

Turnipinatutu Fri 12-Jul-13 16:22:06

Our buyers have now pulled out. Probably for the best, under the circumstances, but I'm so pissed off.
We are coming off the market until we know what's happening with DH's job in 2 weeks time.
Anything else coming our way?!

doglover Fri 12-Jul-13 16:42:11


Misty9 Fri 12-Jul-13 18:09:03

turnip oh no! Have they said why? Maybe for the best for now with all the stress of the uncertainty. Big hugs, sounds like you've got a lot on your plate sad

dog that's brilliant! Hopefully we won't be far behind you. Wow, you've got a lot of packing to do in a little amount of time!

Our sol has asked us to go in and sign mortgage deed, and local searches are back. What else is there to do? Just how often do these things fall apart...? It sounds it? smile

Bakingnovice Fri 12-Jul-13 23:40:44

Dog lover I am delighted for you. And a bit jealous. Please pass on packing and moving tips won't you?

Turnip - oh no. It's bad news but maybe it's for the best given your situation. Will you remarked at some point? Here's hoping dh gets better job with better pay, you get buyers with a higher offer, and the house you likes drops its asking price and falls into budget! If anyone is long overdue some luck it's you! Why did buyers pull out?

Flow - I wish I had words of comfort but I don't. I worry too. Do you think you're stressed because you are bearing exchange? Just focus on the end result. If anyone can do this, you can!

Bakingnovice Fri 12-Jul-13 23:41:29

Misty it sounds positive but until exchange anything can go wrong. Fingers crossed for you too.

Toomuchtea Sat 13-Jul-13 05:23:34

Turnip that is rotten news. Redundancy is the pits.

Flow, I am with you on the early waking. I wake up doing accounts in my head. We have actually exchanged (late yesterday afternoon) so I thought I'd actually sleep through, but no, I churn more. Flow you do though have a plan B, and I'd bet you probably have a plan C too (as I admit do I).

Dog, many congratulations! Do you have removals booked? We're not moving for a month, as we're still in rented and it will give us time to sort out the boiler and the asbestos. I hope it all goes brilliantly for you. What's your plan for the renovations?

Turnipinatutu Sat 13-Jul-13 08:09:55

Dog - Well done, you can relax last!

Misty - Fingers crossed youre nearly there.

Our buyers got fed with waiting for us and found somewhere else.
They are in London, where apparently houses are popping up all over and don't understand how quiet the market is round here.
If DH's job is ok we may go on again in a couple of weeks, in the hope of getting the nice overpriced house. But if that house goes we may try and find something before selling.
At the moment we need to pray for the job!

Good luck to the rest of of you, hopefully we'll be back on board soon.

Bakingnovice Mon 15-Jul-13 21:21:39

Any news buyers?

No update here. All scarily quiet on the solicitors front. Still waiting for surveyor to come out. Nothing from vendor. Getting very scared.

Misty, dog, flow, turnip, toomuch, sammi any news?

flow4 Mon 15-Jul-13 22:56:04

Well, not really. Except now I understand why we didn't exchange on Friday as I'd hoped. Basically it's because my deposit is coming from a let-to-buy mortgage on the house I currently own, and that is conditional on a concurrent purchase of a new house, so I can't get my deposit 'til the sale/purchase goes through, which means we'll be exchanging and completing on the same day.

Did that actually make sense to anyone other than me?! hmm

It's all very nerve-wracking.

doglover Tue 16-Jul-13 09:47:44

Hi everyone. Just a very quick update. Yes, we DID exchange on Friday and are moving this Friday! Massive amounts to do - hence this short message - and very little time to do it! As we're downsizing, we're frantically ebaying furniture, taking car loads to the tip and trying to clean in this sapping heat! Normally, I love the sun ............. not this week smile . I'm at work on Wed/Thurs so am feeling a tad stressed by it all.
I would like to say an enormous thank you to all of you who've offered so much advice and support since March. We're nearly there ..........and then have a year of renovation to undertake!!
You've helped provide perspective, wisdom and smiles for which I'm immensely grateful.
We've no internet access when we move in but will be back to update as soon as I can.

Thanks to you all. smile

Turnipinatutu Tue 16-Jul-13 12:56:49

Good luck for Friday Dog!

There won't be any news from us until a week Wednesday, when we find out if dh still has a job or not.
If the news is good we will start over and get the house back on the market in the hope of catching the overpriced house when it comes down in price again.

There are things we have learnt for next time...
I think it may be an idea to try and exchange contact details with buyers/sellers in the hope of building a bit of a rapport between everyone. Perhaps they are less likely to dump you so easily?
I would also not be so considerate as to suggest they don't organise a survey etc until we've found something....this I think was a big mistake, as they weren't invested in the house at all.

Does anyone else have any pearls of wisdom they could share?

Bakingnovice Tue 16-Jul-13 20:52:34

Dog I'm so pleased for you! Please report back with moving tips when you are settled.

Turnip - I think encouraging them to do a survey is a good idea. As is manipulating the truth a little by saying you want a fast completion and they need to get their searches sent off. Having spent almost £1000 it would be difficult for a buyer to back out. Also, it is a good idea to get to know your buyers/sellers. I took the kids to the viewing of our house and blatantly played the 'young family need family house' card. It seemed to work as our seller cooed over the kids and kept saying how her kids grew up in the house and how she was that young kids would be living there again.

I've got my fingers crossed for your hubby.

I had a horrible wobble today. There were tears. Just felt so overwhelmed with the figures and finances. It's just so nerve wracking!

Misty9 Tue 16-Jul-13 20:54:02

Hi everyone
Good luck for Friday dog!

Excuse quietness- started new job this week and first time working since 22mo ds born so a bit of an adjustment period! We're basically ready to exchange, bar a couple of small enquiries. Unfortunately, our vendors are nowhere near ready to exchange on the property they are buying sad so it looks likely we'll miss our early August deadline (for handing in notice). Keeping everything crossed, but their searches haven't even been sent off yet not exactly sure how theirs is taking so much longer to get going than we did

We really want to avoid being pushed into completing earlier than we'd like as it would mean rent and mortgage in the same month. But, are we better off exchanging asap and pushing completion later, or leaving exchange until we are ready to complete 2-3wks later?

Also, our searches flagged up a chancel issue - we have to pay for an indemnity against our local church ever asking us to pay towards repairs! Dh did a check and in 2003 some poor sods actually lost a court case on this (they evidently didn't have the indemnity policy) to the tune of £450k shock so we will happily pay £63 for the policy! grin

Turnip - hope you get some good news soon.

Misty9 Tue 16-Jul-13 21:02:02

Baking - when you say you're waiting for the surveyor to come out, do you mean to survey the house you're buying? Is your survey through the mortgage company then? We instructed ours independently and despite being slow with the report he sorted out the visit within a few days.

If you're worried about what's going on, I'd ring the ea. I call ours once a week or so as they seem to be the ones with a finger in every pie, iyswim. It's in the their interest to not lose you as a buyer!

Bakingnovice Wed 17-Jul-13 09:21:17

Hi misty.

As you are renting I would go for exchange with completion set for a few weeks later. This would then give you the certainty to hand your notice in. Also re searches, yours are a bit late as i will bet your solicitor was late in submitting them.

Our surveyor is coming from the mortgage company as we are getting a buy to let mortgage on our current house to release equity for our new purchase. As the new house will be mortgage free we will instruct a surveyor independently. Can I ask you how you found your surveyor? Also are you doing a homebuyers survey or full structural survey?

Toomuchtea Wed 17-Jul-13 11:10:12

We have completed and have the keys, though haven't moved yet. My lovely dream of getting the keys and wandering around the house was scuppered by a large piece of work coming in which needed to be back later that day.... and it hasn't stopped since. We've been in a couple of times, and are now trying to co-ordinate getting the asbestos in the cellar removed with getting the new heating system in before we move. It is looking more and more likely that we'll only manage one of those things!

Very best of luck moving Dog. I don't envy you at all having to pack in this heat.

Good luck with the survey Baking. We found ours through people we knew who'd used him, and we did full structural. We always do. Would your solicitor be able to recommend anyone?

Bakingnovice Wed 17-Jul-13 11:42:05

Congrats toomuch. So happy for you. Our vendor paid 22k for a new roof 2 years ago and my dad was saying dont bother with a full survey as he's a look round the house. Not sure whether to do one or Nora's they are usually pointing out the obvious with many caveats.

Can I ask, did you release equity from your house to buy like us? Hope you get all the problems resolved quickly.

littlecrystal Wed 17-Jul-13 12:58:43

Hi, can I join in? My house is under offer (has been for the last 5 weeks). I am buying too, but my mortgage offer for the house I wanted to buy came back short by 6.5k and in the end I had to pull out.

Then had a rethink of my strategy and decided to slightly downsize to a better area, so that I can reduce my mortgage slightly and be comfortable financially. When I tried to put an offer on a smaller house, the agency said they have had other 2 offers, one of them very high(but the house is stilll on the market which seems strange). The agency agreed to pass on my offer which is possibly so so high, but the fact that she agreed I am hoping it is a positive sign.

So now waiting since this morning.. a couple of times thought of calling the agency and upping my offer but this would probably be silly and if they want to go into a bidding war, they would let me know I guess.
If I can't get the house in question, then I will pull out of the sale and take my house off the market for the next few years.

Good luck to everyone in the process!

littlecrystal Wed 17-Jul-13 13:04:51

* The agency agreed to pass on my offer which is possibly so so high.
Sorry for typos.

Toomuchtea Wed 17-Jul-13 16:33:12

Any news yet littlecrystal? It sounds as if the agents are spinning you a line.

Baking - thanks! I always have a full survey because of the things that I miss when I look. With this house, it was the asbestos in the cellar. Had spotted most other stuff but not that, and we have to get it done before we can do anything else so am glad I had it done! With the last house we wanted to buy (but which fell through) hadn't spotted the parapet walls had failed and needed total replacement. You couldn't see them unless you leaned out of the attic windows, which we didn't do but the surveyor did. I just thought the guttering was blocked.

No, we're not releasing equity. We downsized a few months ago having finally had enough of living in a house which had cost us a fortune and was going to carry on doing just that. We have moved to a cheaper area and much smaller house and are now mortgage free. Cannot tell you what a relief that is!

littlecrystal Wed 17-Jul-13 17:07:25

Toomuchtea, very useful tips and I envy you being mortgage free. I have 120k to repay until I am in your condition.
No news yet. I am really tempted to play a game though. I have now offered lowish amount because I am almost certain that the house will need a new roof, will likely have asbestos and has a stair stepped crack on the outer wall which not everyone may have noticed. Perhaps I should have offered more and negotiated down after the survey..

It is very weird though that the agency is "collecting" offers. Is there a big chance that all offers came today after the house has been on the market for exactly 52 days?

littlecrystal Wed 17-Jul-13 18:59:11

The agency which supposedly had 2 other offers (all on the 52th day of marketing) just marked the property as Under Offer on their website and failed to call me back. Is everything lost then?? Am I not even allowed to counter offer? (which would be a massive overpayment) Need to wait until tomorrow to find out. Have been in a similar situation 5 years ago and lost out, so it is not looking good.

Should I go back to the house No. 1 and suggest accepting 6.5k less, the amount my bank is short lending me?

Misty9 Wed 17-Jul-13 21:05:06

Little - I would def go back to the other house if its still for sale and explain your situation.

Baking - we went for a building survey as I've had a homebuyers report before and vaguely remember it not being worth it! We actually used the surveyor recommended by reallymoving dot com - mostly because he was the cheapest... But if you have someone recommended to you by friends then I'd go down that route.

Can't remember who said it but, our solicitor has been great and we're all ready to exchange only 4 weeks since offer accepted... But our vendors or their solicitor are a bit less on the ball. So frustrating. Nothing we can do except wait and choose wallpaper

Bakingnovice Thu 18-Jul-13 09:24:35

Little sorry about the house going under offer. It sounds like you'd have to go quite high to beat that offer.

Toomuch - very jel of you being mortgage free. We have been for most of our lives and are now getting a mortgage. To say I'm terrified us an understatement!!

Toomuchtea Thu 18-Jul-13 14:41:22

I'm sorry to hear the house is under offer Little. Have you had any luck going back to the first one? Are you in an area where houses go really quickly?

Baking, yes, it's a great feeling, having been under the cosh for what seems like most of my working life. Probably because it is. I must admit if I had my time again, I'd never, ever, ever go to the limit on a mortgage again. Although it worked out in the end the wear and tear on my nerves and the endless sleepless nights were awful!

How are things going for you now?

Dog, any news? Flow, have you exchanged yet?

littlecrystal Thu 18-Jul-13 18:30:07

I am in a weird situation. Spoke with the agency today. They said the person dealing with the house should have called me yesterday to collect final offers but obviously she didnt, and as my offer was somewhere in the middle, she just forgot (?) about it. That person is back in the office tomorrow. My initial offer wasnt my final offer. I feel cheated...

Toomuchtea Fri 19-Jul-13 10:12:01

That sucks. The agent is legally obliged to pass on all offers to the seller, and it might be worth while your pointing that out to them and asking what the higher offer was. If your final offer would be higher, then tell them they have to put it to the seller.

littlecrystal Fri 19-Jul-13 10:14:01

Am I on my own stressed/worried here? smile
Well as it appears the agency was suprised "you did not get my message?" (no, I did not. No missed call, no voicemail, no message). The vendor has accepted the highest offer but the agency indicated pretty well what the highest offer was, and said I am entitled to increase my offer. I increased to be slightly over the highest bidder and I am in a short chain, the other buyer is in a longer chain.
Now it is up to the vendor to decide...
I question myself is it an honorouble thing to do after another offer has been accepted but the property is marked as "under offer" and there seems to have been clear lack of communication and it is only matter of the last 2 days, during one of which my agent was off.

Misty9 how is it going with choosing wallpaper your vendors solicitor?

It is quiet here before the weekend!

Bakingnovice Fri 19-Jul-13 13:39:38

Good luck little. You seem to be in a really strong position.

I'm still biting my fingernails about the whole thing. The more into it we delve, the more scared in getting.

Misty9 Fri 19-Jul-13 18:33:00

Argh it lost my post!! angry it said...

Little - good luck and I don't think you need worry re moral of offering higher. You should have been in the running from the start so it's a bit different from calling up when you see an under offer property you like.

Wallpaper choosing going well grin
I like this for our room please don't put me off, I think I've looked at EVERY wallpaper on the market!
And this for ds's room

Signed the mortgage deed today and we're ready to go when they are...

Am I allowed to say I've kinda had enough of this heat....?

Misty9 Fri 19-Jul-13 18:33:34

One or two walls only....not all four smile

Turnipinatutu Fri 19-Jul-13 21:56:35

Our dream (but overpriced) house has dropped price!! Still above what we would pay, but getting there. If nobody offers over the next few weeks, we could be in with a chance.
Dh finds out if he still has a job next week and if so we can go back on the market. If not its all over.
This situation is so stressful!

Bakingnovice Fri 19-Jul-13 23:18:15

Misty I love the wallpaper.

Turnip this could be the biggest turn around in this threads history! Hopefully hubby keeps his job and you get the house!! Will you remarket your house?

Flow is everything ok?

Little - any news?

Turnipinatutu Fri 19-Jul-13 23:37:35

Yes, if all goes well.
I don't know what our chances would be of finding a buyer in August though. Not the best time of year to be selling is it?

littlecrystal Sat 20-Jul-13 09:29:40

Turnip, I think it really depends on the house itself and how it is priced, then it would sell any time of the year. Fingers crossed it is good news at your DH's job.

Misty is nice wallpaper!

No news at my side apart that my offer is left through the vendor. Though I am getting cold feet wondering if the house is not too small for us. It is 2 bed, potentially very small 3 bed, about 62sq.m+garage. I love thinking that it is compact and economical and my mortgage will be going down rather then up. But then it needs total refurbishment (though inside only as it is very dated) which has to be done while we live in there.
It is in an excellent spot though, it is detached, not overlooked, surrounded by trees and near some excellent schools.
This is how it looks: here
This is how it could look: here

And this is my current house... a lovely house but the secondary school situation is very worrying.

Need to mention that my relationship with DH is not great and he does not contribute to the house so I have to be careful with not overstretching with my budget.

flow4 Sat 20-Jul-13 10:55:48

Thanks for asking, baking. smile I think it's ok, but it's so hard to be sure, isn't it?! I have now signed everything and just need to provide evidence of insurance for the solicitor and mortgage co. They have also apparently signed everything but need to change some details on the inventory and sort out the indemnity insurance for the conservatory... Those things shd be done by Mon I hope and then we'll be just waiting for funds and for the vendors to get back fm holiday so we can complete by the end of the month when my mortgage offer expires! Stress levels still high but manageable!

Bakingnovice Sat 20-Jul-13 11:07:19

Good to hear from you flow. I will keep my fingers crossed.

Turnip - jun to aug are optimum selling months up norf. Mainly because families are moving to get into better catchment areas. The next big selling period is between oct and Xmas. People want to be in before Xmas.

Turnipinatutu Sat 20-Jul-13 11:21:44

Baking- I'm daan Saaf smile and everyone pretty much buggers off in August! All the schools round here are good so moving for catchments never really comes into it. Funny how things differ so much from one end of the country to the next!

Flow- You're nearly there....fingers crossed for you here.

flow4 Sat 20-Jul-13 12:45:12

Thanks turnip and baking. smile I almost daren't think about it any more... But you're right, not far to go...

thegraduand Sun 21-Jul-13 19:36:35

Hello, can I come and join you? I need a hand to hold, we are trying to buy in a bonkers marker, and some agents are trying to stir things to get buyers more ramped up then usual. Saw a beautiful cottage yesterday, we've offered full asking price (which is at a stamp duty boundary) I'm convinced there is going to be a bidding war tomorrow and we won't get it, I need The luck in the world right now

Turnipinatutu Sun 21-Jul-13 19:44:10

Thegrad- play it cool with the EA, just in case they try to play you.
If its at a stamp duty threshold there won't be many others trying to top it I'm sure.
Good luck!

thegraduand Sun 21-Jul-13 20:14:43

Hopefully it will be ok, but the market here was strange. Went to see a very average house earlier in the week that wasn't in a great state and it wasn't really reflected in the price in my view, but just had a call to cancel my second viewing as someone has offered £20k over the asking price straight off.

thegraduand Mon 22-Jul-13 09:31:36

At work today I look like a loon who's over excited about the royal baby. I can't concentrate and am all nervous, but it's actually waiting for news on the offer.

Bakingnovice Wed 24-Jul-13 08:53:01

Thegrad - any news?

Turnip - any news re hubby's job? Got my fingers crossed.

Wave to everyone else.

Toomuchtea Wed 24-Jul-13 09:32:54

Wave to Baking - how's it going?

I've started packing. Just trying to get a definite date out of the removal company. And then go and fight the rental agency who have announced we have to have the oven and extractor fan professionally cleaned. The way they were when we moved in. Hollow, hollow laugh.

thegraduand Wed 24-Jul-13 14:20:32

We didn't get the house, bidding war last seen £20k over asking price so we walked away. The hunt continues.

Good luck with removal men, be very clear about costs of using their packing materials. We ended up having a big row when we got the bill

Turnipinatutu Wed 24-Jul-13 14:39:07

No news yet. We may now not hear till the end of the month! I wish they'd just put us out of our misery!
He did go for an interview the other day which went well and they may well want a second interview in a couple of weeks.
Meanwhile, dream house is still on the market.....I know, I've been checking every day blush and I'm doing all I can to make our house saleable at short notice, just in case.

Grad- sorry to hear you didn't get your house sad but you're right to walk away and not get dragged into a bidding war.

Too much- good luck with the packing/cleaning.

Flow- any news?

Baking- how about you?

Toomuchtea Wed 24-Jul-13 16:53:06

Sorry to hear you didn't get the house Grad.

I'm on my second move in six months, so have a garage half filled with packing materials. I had no idea that removals companies now only supply you with 40 boxes and that you have to pay for the rest - at least that's what the one we're using does - but I refused to order any of theirs and found a much, much cheaper packaging company who did me a very good deal as I ordered so many. We have a lot of books.

Turnip it is vile of them to keep you waiting. The company must have some idea of how stressful it is. I'm glad the interview went well, and hope he does get that second interview. Is there anything else in the pipeline?

Bakingnovice Thu 25-Jul-13 07:55:32

Grad sorry you did t get your house. Keep looking.

Turnip - it's rubbish that you have to wait another few weeks. Don't lose heart. Stay positive.

Too much - where did you get all the cheap packaging? Also will the removal men dismantle beds/furniture and reassemble the other end?

Flow any news?

As for me, having another wobble. Basically some of our cash for the purchase is in our business account and have only just realised how difficult it is to withdraw money from a business account. Feel really dumb as we are both clever but so stupid with regards to this. Neither dh nor I have ever really withdrawn salary etc so it's built up and now we can't touch it unless its a big dividend payment (lots of tax) or a directors loan ( again massively problematic). Dh going to see an accountant today so please keep your fingers crossed that he gives us some good advice. I don't suppose anyone here has been in a similar situation? What fools we are!

Turnipinatutu Thu 25-Jul-13 14:03:27

Oh Baking, that sounds like a big headache! Hopefully your accountant can come up with a plan. There must a way around it.
I wouldn't have know that could be a problem either...

Bakingnovice Thu 25-Jul-13 14:19:02

The accountant is sorting it but basically the upshot is that we will be pushed financially and will have to live off dh earnings. To date these have been sufficient but now all I keep envisaging is an almighty collapse of his business. Also, after two blissful years off I think I'm going to have to go back to work. Is it worth it? All this stress for a house!

Turnipinatutu Thu 25-Jul-13 15:17:58

Are you upsizing?
The stress, it would appear, is inevitable for most of us! But temporary.
The added financial stress is likely to be temporary too. Most people struggle to a certain degree when taking on a larger mortgage, but it should ease with time as your earning power grows. If it doesn't you will still own the house to sell and downsize again if it doesn't work out.
If it's what you want and you won't be putting yourselves in too much of a financially vulnerable position, then it's worth a shot. No?

Bakingnovice Thu 25-Jul-13 15:55:23

Oh turnip thank you. We have everything in place with good savings and let to buy mortgage approved. It's just this issue with dh accounts which has sent me into a tizz. You're right though, it'll be tough but if we pull out of our purchase it just means in a few months we will be looking again and be in the same position of stress.

I know that makes no sense. I will be devastated if we pull out as the seller will lose her purchase and although I swore I wouldn't do this, I've already pictured us living in the house.

Misty9 Thu 25-Jul-13 18:53:17

Hi all
baking dh is self employed too and he does directors loans a lot - says they're quite straightforward? But thank you for getting me thinking about where our capital is coming from! Savings, so we're ok re business account.

grad welcome, and sorry you didn't get the house. Are you buying in London by any chance? Sounds crazy confused

As for us, it's all a waiting game now. Waiting on the vendor to stick a rocket up their solicitors backside so out of our control. Deadline for this month fast approaching...a week Monday. Really hope we make it or don't get pressured to complete sooner if cant hand notice in until September. I do remember the final stages being the most stressful!

Quick question re surveys... It seems to be common practice to renegotiate price after buildings survey - is this what others find? Our survey didn't flag up anything major, just a bit of damp, potential asbestos in upstairs ceilings, slightly rickety chimney stack and some duff guttering (which is probably causing the damp). That's nothing scary is it??

Toomuchtea Fri 26-Jul-13 08:03:25

Sounds a pretty good survey to me Misty, though the chimney stack will probably be expensive because of the scaffolding. We've just had some post-war asbestos panelling removed in the cellar of our new house, which cost around £900, including the air test thing, which was surprisingly expensive, but worth getting as we're having other trades in there straightaway. I do hope your vendor gets going though.

Baking - getting the funds together is a pain. I hadn't realised that one of my accounts would take days to get the money to my current account rather than hours, so that made everything a bit interesting when it came to actually paying, but nothing like your situation of course. I take it you're a company rather than sole trader? If the business is doing well in the recession, you should be absolutely fine as far as survival goes! And you do have things you can fall back on.

Packaging - I got this from Leyland Packaging in Northampton. We dismantle beds etc and put them up the other end. We only have one thing which needs dismantling, which is DD's Ikea bed so it's not too dreadful! Must actually do some packing though. I've done 2 rooms and have to get DD to do hers before she goes away for 2 weeks. Sigh.

Hi Misty sounds good to me. I had a private surveyor visit and write his report last week - before the Mortgage Valuer survey. My survey came back with a similar little list - asbestos in the back guttering, chimney stack lead missing, and a rickety roof on the outhouse/shed thing.

It does have original 1940's electrics shock but they passed all the safety checks and are covered.

I'm not sure what "people" do in general - first time buyer and massively out of my depth - but I'm not planning on renegotiating my offer unless the Mortgage valuation comes in too low (Does this ever happen?)

Baking hope DH's accountant meeting went really smoothly. Some of my deposit is a gift from my (self-employed) DF so we'll have similar issues in a few weeks. Thanks for the heads up!

flow4 Fri 26-Jul-13 21:51:43

Aaaaaaaaaargh! Just need to moan a bit (don't worry, nothing serious -I hope!)... Should have exchanged today but didn't. Was expecting to exchange LAST Friday but didn't. I had signed everything by then, and apparently the vendors had too, but their conveyancer hadn't sent my solicitor everything we needed... Now he's sent through what was missing, but he still hasn't forwarded the contract the vendors signed last Friday, before they went on holiday... angryhmm

I don't know what he's playing at. If I were them, I'd be seriously peed off. MY stress levels are high enough, but THEY have had to enter into a 6 month tenancy (they're moving into rented accommodation) before we've exchanged, when I could still pull out. Not that I'm going to, but still. They must be sooo stressed out!

We're due to complete on Tuesday. We HAVE to complete on Tuesday, because my mortgage offer expires then. I've we don't, I have to start again and make a fresh application. hmm shock shock


s0fedup Fri 26-Jul-13 21:56:15

Hi everyone can I join? Today we should be moved into our new home... Removals were booked, boxes everywhere, Then last monday ea called to say exchange will not be going ahead as our buyer has pulled out. Devastated is an understatement, we accepted the offer in april and its all fallen throught with 11 days to go. So very sad

flow4 Fri 26-Jul-13 21:59:32

Oh s0fedup, that's REALLY rotten! sad

s0fedup Fri 26-Jul-13 22:03:40

I have a new born too which is not helping becauae of the hormones and sleep deprivation!
We were supposed to be in before she was born.
I honestly dont know what to do?
The owners of the house we r buying want to wait for us which is great but how long realistically will they...

Turnipinatutu Fri 26-Jul-13 23:36:04

Oh Fedup, that's just awful! But good your sellers are waiting for you.
Get practical, get your house back on the market and pressure your EA to find you a buyer. Fingers crossed here for you.

Flow- you must be tearing your hair out! What a bloody awful process this is! Nag everyone you can think of, then pray. Can't think of any better advice....

flow4 Fri 26-Jul-13 23:40:50

Thanks Turnip. There's nothing at all I can do over the weekend... Just trying not to think about it! confused

Bakingnovice Sat 27-Jul-13 10:50:47

How rotten so fed.

Good luck for Tuesday flow.

BigW Sat 27-Jul-13 11:03:45

Can I join? We've lost two houses since we started looking in march. The second one I don't mind so much, but the first still makes me want to cry when I think about. It was perfect. In a beautiful road in exactly the right location. Nothing else even half as nice since. That woman is on my list. Not the normal list, the laminated one. One day she will pay.

Anyway, we sold our flat back in may so pretty soon we will be homeless sad

There is just nothing to view. We have a wide search area, but thinking of broadening it even further sad

Does anyone know what potters bar is like?

It all makes me feel like I just want to go to bed!!

Bakingnovice Sat 27-Jul-13 12:57:56

BigW how did you lose the first house? Did she pull out?

Sofed - why did your buyers pull out.

I wonder every day why the hell we are putting ourselves through all this. It's a bloody nightmare.

BigW Sat 27-Jul-13 13:15:03

She was using us to speed up a pre existing offer. sad

It was with a different estate agent. I knew that they had recently had a sale that had fallen through so I basically said to her that we dont have time to mess around so please don't use us in that way.

"You don't know me, but you have my word and my word is unbreakable. I don't want those people living in my home. I want your family. Make an offer and it's yours, I swear'. <shakes hands>

She took me in to meet her neighbour who also had young children.

We made the offer the same day and she accepted. DH hadn't even seen it at this point. He went to see it the next day and loved it. She gave him her mobile number.

A few days later the estate agent called to say that she had pulled out. DH called her and she said that she had decided not to sell. It turned out that she had already exchanged through a different agent. angry sad

She'll get her's...

BigW Sat 27-Jul-13 13:17:05

Previous post outs me completely! <waves> hi guys!!

flow4 Sat 27-Jul-13 14:39:24

Oh Big, that's really shabby behaviour. sad

thegraduand Sat 27-Jul-13 20:57:43

Wow, sounds like there are some really rubbish buyers out there at the moment. I hope things work out for people.

We're still looking, it's so time consuming and draining Even starting to seriously look at some new builds we had previously pointed and laughed at as they are such strange designs.

Not in London, but edge of commuter belt and quite a lot of industry in the town itself as well. So people from London are pushing up prices and and local people cashing in share options

nasara Sat 27-Jul-13 22:34:37

Hi - I'd like to join if I may!

Our place went on the market and immediately we got offered the asking price (woohoo!) and we have found a house we both really love - it needs a bit of work and feel the asking price is a bit much - we're just agonising over what to offer - anyone else found that really tricky? I have been scouring over "sold house prices" on rightmove for ages! I feel like a 10% less than asking price offer is about right. I guess all they can do is say "no".

Any advice for making an offer!?

Bakingnovice Sun 28-Jul-13 00:15:57

Yes start lower than you can afford so you can negotiate up. Good luck!

Turnipinatutu Mon 29-Jul-13 15:15:06

Dh has kept his job! Such a relief!

I've made an appointment to see the EA on Wednesday and get the house back on the market. I've asked for some new photos and will see if we can beef the description up a bit and freshen up the listing.
Then it's just fingers crossed for a quick sale....our dream house is still sitting there unsold for now......

Bakingnovice Mon 29-Jul-13 16:27:53

Oh turnip! So delighted for you!!

nasara Mon 29-Jul-13 20:40:00

Good luck, turnip!

Our uber quick sale was indeed too good to be true - our buyer has pulled out. She had put in an offer elsewhere and it was accepted. Bah. Our ea has lined up 3 viewings this week and we're back on the market, plus our neighbour has a friend or relative who's really interested, so hopefully we'll have another buyer soon.

We put in an offer on the house we like and haven't heard back yet... Is that usual? It's been

nasara Mon 29-Jul-13 20:40:52

(Fat fingers!)

It's been over 24 hours and not heard a dickie bird.

flow4 Mon 29-Jul-13 20:43:36

Oh turnip, I am pleased for you! grin

We've exchanged today too! smile

thegraduand Mon 29-Jul-13 21:09:00

Great news turnip and flow

We've seen another one this evening and loved. It's further out than we wanted, but the house is amazing. Keeping everything crossed

Bakingnovice Mon 29-Jul-13 23:52:42

Nasara we have been in your position a few times. It's horrible. Thats why we are letting it now.

Flow - great news!! When do you complete?

flow4 Tue 30-Jul-13 07:02:17

Um, TODAY baking! shock shock shock
I still can't relax, because my mortgage offer expires today, so if anything delays completion, I would have a real problem. In fact, it has just crossed my mind that if anything delays completion, I am now legally committed to buy, but may not be able to! sad confused
Can you tell that I'm a bit anxious?!

Turnipinatutu Tue 30-Jul-13 07:49:55

Good luck Flow. I'm sure all will be fine now.

thegrad- have you offered on the new house?

Nasara- fingers crossed for you. Sounds like there's lots of interest!

Toomuchtea Tue 30-Jul-13 08:49:08

Good luck Flow. I hope it all goes really smoothly for you.

How was the house thegrad?

Turnip, I'm so relieved (not half as much as you, I'm sure).

News here is that the asbestos is out of the new house, plumbers are in and old boiler's out. I'm starting to pack up my study, which is depressing me, and the dog, who keeps coming in, lying down on the rug and sighing. I feel like joining her.

thegraduand Tue 30-Jul-13 09:44:05

Good luck Flow, have you spoken to your mortgage company just in case, sometimes they will give a very small grace period if its just a matter of a few days.

We have offered, been told by EA offer is low, don't think it is, but we'll see. We are working on the basis that anyone who advertises just over the stamp duty level eg 260, 525 is looking for about the stamp duty level

JulieAnderton Tue 30-Jul-13 15:41:03

Hello everyone!

I'd like to join you, even though some of your stories so far are making me even more nervous!

We found a buyer for our place within a fortnight - yippee! First time buyer with a mortgage in principle, so hopefully her mortgage will be approved without any hassle.

Looked at several houses last weekend and loved one house. It has its quirks though, the main one being a bathroom upstairs but no toilet, and a toilet downstairs but no handbasin confused. I asked Mrs Vendor when she showed us around whether there is a plumbing reason there is no toilet upstairs (the suite is relatively modern) - "no, we could have had one put in, but we chose not to"!!! Unfortunately the current configuration of the bathroom probably means taking it all out and starting again in order to install a toilet.

The wiring probably also need updating, and although centrally heated, two of the rooms don't have radiators. Other than that the house is full of original features and it's lovely.

It's been on for about 2.5 months and has had 15-20 viewings but no offers.

It's on at £249,995. We offered £237k which we thought is a reasonable starting bid. The vendors turned it down (as expected) but when the EA asked them what they'd be prepared to accept, Mrs Vendor said she might be willing to take a couple of hundred off the price! Mrs Vendor also says that the house doesn't need any work doing to it...

The EA says that they haven't bought/sold anywhere for about a gazillion years, so are a bit naive when it comes to the reality of negotiations. When pushed, Mr Vendor said that they would like £245k+. That is getting very close to our absolute maximum and would really rather not go any higher than that, considering the work that needs doing.

We haven't upped our £237k offer yet. Not sure whether to sit tight for a while longer or whether to go in with our "best and final" offer now (which is probably £245k) which might be accepted.

Misty9 Tue 30-Jul-13 20:40:06

Hi all

Some great progress going on!
julie I'd say if you're not totally in love with the house (though maybe ESP if you are!) to sit tight on that offer. That many viewings and no offers suggests that everyone else agrees it's overpriced! If you've got time on your side, look around other things and see what they do over the next week. Have they found anywhere themselves?

Unfortunately, I think if people set their price at a stamp duty threshold, it may well mean they'd ideally want more, but recognise they won't get it. So they won't be overly willing to go much below sdt either...

I speak as someone who's paying £258k for a property... (Because we love it).

As for us, no news is not good news. I'm calling the ea tomorrow but if we don't exchange by Monday then we can't complete until late September...

Hope you completed Flow!

JulieAnderton Tue 30-Jul-13 21:13:52

Thanks Misty. We do love the house. I can see us living there for years and years (and I can picture where the Christmas tree will go!).

I think the lack of toilet upstairs is a real sticking point. It has obviously put other viewers off, but the vendors don't see it as a problem. We don't see it as a problem either, so long as the price is right.

I think we'll sit tight on the offer and view some others at a similar price point at the weekend for comparison.

The vendors haven't found anywhere (not started looking yet). Even if we do get as far as having an offer accepted I do worry about them as vendors. They haven't been particular quick so far when it came to agreeing a time for us to view and to get back to the EA about our offer. They don't have mobile phones or the internet, so it's always a case of catching them at home or waiting for them to return a call. As my DH said earlier - it could be a case of right property, wrong vendor.

Fingers crossed for your exchange on Monday.

Turnipinatutu Tue 30-Jul-13 21:15:34

Misty- fingers crossed for you. Do you know what the hold up is?

Julie- I'd agree with Misty. Sit tight, keep looking and let the EA know your still looking (ask to see other houses they have listed) then maybe resubmit your offer or go to 240k in a couple of weeks. If they don't accept you probably have to think about wether or not it's worth the full amount to you.
Good luck.

didireallysaythat Tue 30-Jul-13 21:47:24

Flow fingers crossed it all went ok - we're in a similar situation but managed to get the vendors to agree to a completion a day before our mortgage offer expires. The mortgage offer couldn't be extended, even by a day, so we were getting ready to have to reapply, which meant fees (failing to take up the first mortgage and then applying for the second) and waiting for a new valuation. Amazingly when we explained this to the vendors for the third time that a new valuation could potentially take weeks this seemed to spur them into action and suddenly "can't complete before the 22nd" turned into "can complete on the 8th".

Hand me a tape gun, I need to pack !

flow4 Wed 31-Jul-13 00:14:49

We've completed!! grin

I've got that post-adrenaline crashed feeling now!

sammisatt Wed 31-Jul-13 07:22:24

Should be exchanging today. Why do I still feel its going to go wrong? The vendor has signed the papers we just need to do ours. This surely has to work!!

Turnipinatutu Wed 31-Jul-13 07:58:07

Congrats Flow!.......and relax smile

Good luck Sammi.
There suddenly seems to be a lot of movement on here!

sammisatt Wed 31-Jul-13 09:00:56

Congrats flow!! You must be so relieved.

Thanks Turnip.

Toomuchtea Wed 31-Jul-13 09:06:23

Yee ha Flow! That's brilliant news.

Good luck Sammi.

I am with you in tape gunnage DidIreally. Still have several hundred books to pack.

Julie, I think you might be right when you say right house, wrong vendor. We were put off two where we thought the hassle of dealing with the vendors would just be too much.

flow4 Wed 31-Jul-13 10:10:17

Thanks everyone. I'm feeling rather overwhelmed today... Because I'm letting out my 'old' house, not selling it, I now have TWO houses to redecorate, as well as the moving to do, in the next 10 days!

Bakingnovice Wed 31-Jul-13 10:29:24

Sammi good luck. Hope all goes well. Please let us know how it goes.

Flow I hope it all goes to plan. I am letting out too. Why do you need to redecorate your old house? Am actually very excited for you. Please do let me know how it goes and of any tips you have for me!

Misty - hope you get your exchange today too.

Julie - baby boomers are usually the worst vendors. I'm dealing with some now and it's making the whole transaction very painful. They are currently trying to sell me their v old carpets and bits of furniture for £2.5k.

Hey folks just skipped over from the selling thread , we sold ours in 3 weeks and just had offer accepted on house we love.
It needs new bathroom and kitchen and decorating but it's massive 4 lovely big bedrooms ( ours is a 2 bed and we have 3 kids so have been squashed in for so long)
I'm crapping myself waiting on our mortgage offer coming in , got it in my head it will be declined even though we had an agreement in principal .

also coming from the selling thread! Had an offer accepted on a house we love, and sold ours (hopefully) to a buyer with an agreement in principal.

The chain is seven houses long though - so there's a huge risk it could all go tits up. I think our buyer is legit, but has changed his mortgage provider and financial advisor, so it's taking a bit longer than I thought. It feels like we've wasted a fortnight already!

Misty9 Wed 31-Jul-13 16:39:12

Congrats Flow!

Not as positive here; just heard its highly unlikely we will exchange for another 1-2 weeks sad so wont be able to hand in notice until beginning of September and preferably delay completion until late September. It's better for us in a way as we're off on holiday in 4wks but it's disappointing given how quickly we got things going. The issue is the top of the chain being slow. Sigh. We'll get there!

How quickly do they normally get you to exchange? Guy buying ours doesn't have property to sell and house we are buying is empty so hopefully it should t take too long for us.

thegraduand Wed 31-Jul-13 17:58:50

We've had an offer accepted!!!!!!!!!!!! Very excited, house is beautiful. Just need to sort everything else out, apparently the mortgage company have "severe delays" with surveys at the moment

Misty9 Wed 31-Jul-13 19:12:59

Congrats graduand!

Doesn't matter re mortgage company - just use your own independent surveyor. They will insist on a valuation but that's usually a drive by quite quick.

Misty9 Wed 31-Jul-13 19:15:08

50shades you're in the same position as our vendor - we have nothing to sell and they're buying empty. But the solicitor at the top of the chain has been slow so we're now looking at 8 weeks to exchange, possibly more.

thegraduand Wed 31-Jul-13 19:39:26

It's just the valuation survey that is likely to be slow

Ah Misty so it doesn't necessarily matter then , hopefully all solicitors are speedy then.

Bakingnovice Wed 31-Jul-13 20:28:20

Congrats 50 and grad. Our survey took a good few weeks too as there is a backlog.

Misty - we go on holiday in 5 weeks too. Booked ages ago but a total pain in terms of timing. We want to slow our exchange down a bit as we've lots to sort but its speeding away. Wish our solicitor would slow down!

flow4 Wed 31-Jul-13 20:38:57

Thanks misty, congrats grad... It seems like there's some movement here smile
Baking, I need to redecorate bits because I haven't for a while, and there are some things I can't leave for a tenant - a spot on the stairs where DS1 punched a hole, for instance! hmm We managed a first coat in 2 rooms of the new house today... Up early tomorrow for the second coat!

Bakingnovice Thu 01-Aug-13 10:41:50

It's all so exciting flow. How long do you think it'll take to get a tenant in?

I'm afraid I'm having a major wobble today. I could do with some support. We are letting our house to upsize and stretching our finances in the process. Dh runs his own company and does well. I left work as a lawyer a couple of years ago after a breakdown due to work stress/bullying/pnd. We are stretching to buy but we have at least 6 months worth of mortgage payments and living costs kept back as a contingency. I'm feeling much better health wise and have been looking for PT job. There are view jobs in my field at the moment. I wish I could just go work in tesco as I don't enjoy law any more. We are fairly confident that dh can earn enough to support us but I want to do my bit. Our mortgage is in place, we have been trying to find a house for 5 plus years. The one we offered on is amazing. I just feel so sad. Sad to leave our current house, sad we have to let (tried to sell but couldn't), scared that we might not get tenants, scared we won't be able to afford new house etc.

We have discussed this at length, dh thinks its the stress of the move that's making me worry and we have enough contingency funds to see us through the first 8 months at least. If it goes tits up we can move back here and let the other house (which will be mortgage free). I'm worried dh company will stop making money (highly unlikely), and interest rates will shoot up and it'll all be a big mistake. But deep down my gut is telling me its the right thing to do and we have to take a risk.

Toomuchtea Thu 01-Aug-13 11:44:26

Oh Baking, you are having a wobble. If you don't enjoy law, are there other things you would like to do? It might be an idea to get the move over, and then think about it, as you don't want too many stressors all at one time.

You should find it pretty easy to rent your house out. Round here there's a shortage of decent family houses to rent and the good ones get snapped up really soon (East Mids). If your house is near to good facilities and well presented and maintained you shouldn't have any trouble at all.

I think it's highly unlikely that interest rates will shoot up in the short, or even the medium term. There's just too many people near the financial edge for that to be an option. The last thing the government wants is to de-stabilise the economy still further by dumping a whole load of repossessed houses on the market, to say nothing of the social and other costs.

You can't say never, of course, but it's unlikely. As you say, even if things do go wrong, you have a cushion - I am hugely impressed at your joint financial savvy, as I have at various times in my life sailed considerably closer to the wind than that and have the grey hairs to prove it!

Have a brew.

Bakingnovice Thu 01-Aug-13 17:04:52

Toomuch thank you. I've applied for a small admin job today. I hope they don't dismiss me because I'm
Over qualified. Thank you for your support.

Toomuchtea Thu 01-Aug-13 18:12:29

I don't think they necessarily will. When I changed tack, I applied for all sorts of things. I did get the entry level jobs and temporary ones: it was when I applied for anything more that people started to get sniffy about my over-qualifiedness.

Good luck!

Turnipinatutu Thu 01-Aug-13 19:17:06

Baking- I'd agree with Toomuch, get the move out of the way before you give much more thought to a new job.
I wouldn't worry too much about being over qualified for posts either. I'm sure after a few years out of the work place they wouldn't be expecting you to want to jump straight back in the deep end!

flow4 Thu 01-Aug-13 22:40:32

Oh Baking, if you're anything like me, once you have ONE thing to worry about, the anxiety just sort of spills out all over everything else...

It's not the best head space to be in to job hunt... It probably is better to wait until you are feeling more positive and confident.

I have stretched to do this too... I have been mortgage-free in our terraced house for about 8 years now, but have now taken on not just one but TWO mortgages to make this move! shock All the sums add up, but it's scary - especially since I'm a single parent and it's all down to me.

I already have my tenant though - a friend - who is moving in in a fortnight...

Bakingnovice Thu 01-Aug-13 22:47:15

You are a lovely bunch. I'm feeling much better. Pmt really exacerbates my anxiety and maybe I've lost perspective a bit! At the end of the day if it goes wrong we can always sell. Feeling a lot more positive and our vendors have agreed to slow things down a little too which takes the pressure off.

Flow - have nothing but admiration for you.

flow4 Sun 04-Aug-13 06:27:15

Aaaaargh! It's M-Day! Friends and van coming in 4 hours. shock My boys and I have been working flat-out for 4 days, sorting and packing and taking boxes of stuff to the new house, charity shops and dump, but it feels like we're only about half-way ready! confused >where's the panic emoticon when I need it?!< Send me good wishes please everyone!

Turnipinatutu Sun 04-Aug-13 08:45:52

A bumper pack of good luck vibes are on the way from this direction Flow smile How exciting! Moving at last! Hope it goes smoothly.

We're hoping we should be back on Rightmove etc by Monday. I just hope we get some interest and a good offer soon.....
I spent yesterday sprucing up the front garden as much as possible just in case.

Bakingnovice Sun 04-Aug-13 10:41:11

Flow good luck. Sending you lots of good m

Bakingnovice Sun 04-Aug-13 10:42:27

Moving vibes today. Hope all goes well.
Turnip - if you had an offer before chances are it'll get snapped up again.

flow4 Sun 04-Aug-13 18:26:24

We're in! I'm totally jiggered, and we have sooo much to do back at the old house - needs a skip and lots of scrubbing! - but we're here in the new house! grin
Thanks for your good wishes, everyone!

doglover Sun 04-Aug-13 18:39:10

Just glanced at this thread ..................... BRILLIANT NEWS, Flow4!! So pleased for you and your boys smile

AugustaProdworthy Sun 04-Aug-13 18:40:40


Still on market.... Really really fed up now.

Bakingnovice Sun 04-Aug-13 23:08:03

Well done flow. At least you've got a good tenant lined up. You've done the difficult bit, its all easy peasy now (hopefully!).

Augusta how long have you been on the market?

Toomuchtea Mon 05-Aug-13 10:03:01

Well done Flow! What a relief. We're still packing - this time next week we'll be on the move.

Really sorry to hear things are still stringing out for you Augusta.

Turnipinatutu Mon 05-Aug-13 10:26:01

Really pleased for you Flow. Enjoy your new home.

Augusta - How long have you been on the market? Have you had much interest at all?

Misty9 Mon 05-Aug-13 19:40:33

Congrats Flow! Hopefully it'll be us soon... Still waiting on exchange though and now too late for months notice, so will be paying double rent/mortgage for a month angry

baking how are you feeling about everything?

Turnipinatutu Mon 05-Aug-13 20:22:39

Misty, what a pain about your double payments. Do you know what the hold up is?

We're still waiting for our house to go back online. The EA's server has been down, so although we have a board up the house isn't on RM etc so not much chance of any viewings!
It's also still in their window showing as sale agreed.
They have been good so far, but I think I might have to call in on them tomorrow. I know they must be stressed with the server being down but we need a buyer!

Bakingnovice Mon 05-Aug-13 21:43:55

Oh misty that's not good about double payments. Can you delay completion for a few weeks? Fingers crossed it goes smoothly for you.

Turnip - time to get the agents to do their job. Get on their case ASAP. Is your dream house still available ?

I'm doing ok. I think it's going to be stressful all the way and even my family think I'm over thinking and panicking over finances. I know for sure that I am never moving again after this. It's horrid!

Misty9 Mon 05-Aug-13 21:48:55

We considered delaying completion but really we just want to get in there now, and consider a few extra hundred quid in the grand scheme of things is doable!

turnip definitely get on their case! The window at least should be up to date. Bloody rm, we've had issues with supposed 'server problem' when our house wasn't marked as being sstc for ages.. and we paid way under asking so were terrified of being gazumped good luck with it all.

baking glad you're feeling (marginally?) more relaxed about it all. We've moved 7 times in the last 5 years (all rented) and can't wait to not have to move again for a VERY long time! Even treating ourselves to packers this time if it happens grin

thegraduand Mon 05-Aug-13 21:57:15

Great news flow

We've hit our first hiccup, the vendors have chosen the same solicitors as us so one of us is going to have to change

Turnipinatutu Mon 05-Aug-13 21:59:13

Yep, dream house still on the the moment....
I'm still checking everyday and try not to drive past too often blush

didireallysaythat Mon 05-Aug-13 22:34:35

Misty I can share the pain on the double payments. We are on two months notice so its twice as bad for us (and we still missed the school application deadline). Still we should complete on Thursday so can't complain.

Suffering rightmove withdrawal symptoms. It's been three years of waking up to check the searches....

flow4 Tue 06-Aug-13 07:29:50

Don't worry, didireally, you can swap the RM addiction for an eBay and IKEA one! grin wink That's what I seem to have done... We couldn't get our table out of our old kitchen (re-plastering had removed crucial inches from the staircase width! hmm ) so we're currently table-less until I find a new one I like!

Misty, I feel your double payments pain, tho my overlap is only 2 weeks... But every month without a tenant, now or in the future, means I'm paying two mortgages! shock

I think you're right about stress all the way, baking!

I've got my fingers crossed for you turnip, and everyone else still waiting...

Turnipinatutu Tue 06-Aug-13 12:44:48

Chased the EA today. They're still having server problems and have had to get the whole system replaced. She said she was hoping we would be online by Thursday and would update their window in the meantime.
With these delays I'm starting to feel our dream house slipping away sad

Misty9 Tue 06-Aug-13 21:47:57

turnip that's rubbish sad is their own website at least up to date?

didi I'm pretty sure that you can't be held to a two month notice period? It's one month for you and two for the landlord - unless you're coming to the end of your initial contract term?

Definitely swapped my rm addiction for a Pinterest/eBay and google one blush

No news still. Will chase tomorrow. Meanwhile having major wobbles about even staying in this city. Mostly due to employment opportunities (or lack thereof) but also my family being so far away sad think we're staying though.

Bakingnovice Tue 06-Aug-13 23:11:07

Got my fingers crossed for you misty. Buying a house is so tough, I hope you make the right decision for you. I couldn't be far from my family because it is such a comfort having them around but dh could happily go weeks without seeing his family. Turnip - keep hounding the agents. It's poor form to not have it amended by now.

didireallysaythat Wed 07-Aug-13 07:21:29

Misty9 - alas we are coming to the end of the contract which the estate reduced to a 6 month agreement at our request. So while it's a bit annoying it could be 8 months.....

I'm going to have a leisurely clean - anything to get back the 2 months deposit...

AugustaProdworthy Wed 07-Aug-13 20:31:28

Been on for ages, had three buyers but each pulled out for various reasons unconnected to our house. We have therefore lost houses we were going for and feel very jaded now. Viewing on Monday went really well but was too far away from where viewer wanted to live. We have done everything to help sell it and now with two agents. I'm fed up with not knowing if and when we will ever move!

didireallysaythat Wed 07-Aug-13 21:32:08

Augusta we had something similar (started looking July 2010) and since then missed out on 3 houses with cash buyers in rented. We moved into rented ourselves when it looked like we were going to lose our second lot of buyers. Glad we did now but at the time I wasn't sure...

Turnipinatutu Wed 07-Aug-13 22:16:56

Oh no! The EA's of our dream house have changed the photos to really attractive summery ones! It looks gorgeous sad
This will really increase their viewings I'm sure.

Bakingnovice Wed 07-Aug-13 23:01:37

Don't worry turnip, anyone who wanted to view will already have done so. Am really curious about it. Send me a link via message. It sounds amazing. Just remember its been on a while and is out of many people's budget.

Augusta - we've been in your situation. That is why we have been forced to become landlords and get a let to buy mortgage. Letting our house, using the equity release funds to purchase our house. We desperately wanted a clean break but will have to let and no doubt watch our house be trashed by tenants ( can you tell I'm emotionally attached to the current house). Now it's happening so quick after years of let downs.

Flow - how's the new house? All settled?

flow4 Thu 08-Aug-13 09:13:56

The new house is lovely baking, but we're a long way from settled I'm afraid! We've been sorting out the old house - skip arriving at 11:30 am today - and building flat-pack furniture and, unfortunately, dealing with some unexpected problems. The washing machine and its plumbing were damaged in the move (by over enthusiastic friend) meaning we have a broken waste pipe on the sink at the old house, and floods at both old and new. And I've cracked the exhaust on my poor little car, I think by overloading it. sad There are other less major problems too, and they're all energy- and time-consuming.
Luckily, I've been able to sit in my new garden at the end of the day and relax - that's really lovely. smile Thanks for thinking of me. smile

Hope everyone else is OK. smile

Minion Thu 08-Aug-13 09:22:49

Hi everyone.
Can I neb in? Been reading for a while and everything was going swimmingly, until now (cue dramatic suspense type music).
Ok, so we've been hunting for a while, we saw this property on RM in march, on at 225k, didn't arrange a viewing but saw it from the outside, was ok.
Then it dropped to 210k 2 months later so we decided to have a wee look inside. Well, you know how the story goes. In love with it. Big 1930s semi, truly south facing garden, cellars yadda yadda yadda.
So we offered a cheeky 190k, knowing they'd say no, but it was a starting point for negotiations. Slept on it for a few days and upped to 196k. They slept on that and in the morning said if you offer 200k we'll stop viewings and it's yours.
So, we ummed, ahhed and dithered, and we finally said yes.
All good so far, EA even said 'done, it's yours'.
The vendors said to us as we are FTB they'll be prepared to move into rented acc if we needed to be in quickly.
We don't, in fact we need to strung it out till end of oct so gather all fees etc, our mortgage advisor said this was extremely easy to do.

Fast forward 3 weeks later and we've received a call from the EA asking if we can be in end of September, a whole month earlier, eeek!
This is the problem. The end of October is the earliest we can do due to paydays etc and we think our vendors vendor is putting pressure on them to be in end of September, obviously needing us to be then, also.

So, we are now worried if we can't agree to it, we'll lose the house, so will our vendors and then the chain breaks...

Any advice as to where we stand with all this?
As I said, we are FTB so any help is much appreciated. The mortgage advisor has already pushed back our survey by a week to help us out, I guess I'm just freaking out now.
It was all going too smoothly.. Humph.

Sorry for the waffle too!

Bakingnovice Thu 08-Aug-13 09:29:57

Flow - your garden sounds lovely. We are going to have similar probs as you I'm sure as we have to leave our house tenantable.

Minion - we were in a similar position. My advice is just be honest. It's best to tell them now about your dates/timescale so everyone can work to that. Once we told everyone we couldn't complete in August (5 weeks from offer) a weight was lifted. Good luck!

Turnipinatutu Thu 08-Aug-13 11:20:01

Hello Minion, I'd agree with Baking, just honest and let them know exactly what the problem is.
There's a difference between people who are being difficult, because they want everything to suit them and those who have genuine reasons.
Good luck.

Turnipinatutu Sat 10-Aug-13 00:04:40

Well our house details are finally up online, at least on the EA website.....only with the wrong photos!!! Ahhhhhh! angry
I supplied them with all up to date photos and emailed over the complete set that I wanted them to use, so the listing was fresh and they seem to have mixed them up with the old ones! Plus one bloody awful photo of the front of the house! Don't know where that came from confused

So I shall be paying them a personal visit tomorrow morning to make sure it's put right. Just hope I can get them changed before the listing goes to RM etc sad

Misty9 Sat 10-Aug-13 08:24:38

Oh turnip, how stressful and frustrating. If I were you, I'd be talking about reducing their commission - or going elsewhere. They need to get their arses in gear and sell your house. Open day? Good luck

Turnipinatutu Sat 10-Aug-13 12:05:08

Thanks Misty.
I think it's sorted now, after 3 phone calls, 2 emails and a visit!
The EA did seem really stressed and apologetic at least.

Now we need some viewings! Come on people, buy my house quick!

Bakingnovice Sat 10-Aug-13 14:12:36

Oh turnip good luck. I hate the selling process. It's horrible. But still wish we had managed to sell I stead of letting it.

hefner Sat 10-Aug-13 15:53:43

Can I join you? We're just starting the buying (and selling) process. We're currently having huge dilemmas because we found a lovely house on our first day of viewings and can't decide what to do. It is in a really good area, has a really lovely feel and good space downstairs but the third bedroom is a tiny box room. I think we'll probably make an offer but I'm worrying that I might regret it and wish we'd gone for more space in slightly less expensive area. I don't know whether to put an offer in now or wait to see what other people offer first. Aargh, I'd forgotten how stressful this process was!

Bakingnovice Mon 12-Aug-13 10:09:09

Hi Hefner. Personally I would prefer size over location but if you love it go for it and offer. Let us know what happens.

Hefner depends if you need the third bedroom or not , we went to see something that sounds the same 2 big rooms and 3rd was tiny box room which I doubted a bed would even fit in. Downstairs was fab though but decided against it because of bedrooms as we have 3 kids.

hefner Mon 12-Aug-13 14:38:22

Thanks for the replies. We don't need the third room now but hopefully will in future if we have more kids. The box room in the house we've seen is definitely big enough for a single bed and small wardrobe but thre wouldn't be room for anything else. In theory our options are a 3 bed semi in v nice area (like the one we've seen), or a terrace in a slightly cheaper (more studenty) area which would have a much bigger third bedroom in the attic, but no offroad parking and possibly slightly less downstairs space (the house we've seen has a tiny study and a downstairs toilet which the terraces don't have) . Unfortunately there aren't any suitable terraces on the market at the moment so I'm trying to make a decision on the house we've seen without being able to see an example of the other option. I'll let you know how it goes!

How is everyone else getting on?

Could you do a loft conversion or extend? If it ticks all the boxes and is still usable as a bedroom then I wouldn't rule it out especially of there is a lot of loving space

thegraduand Tue 13-Aug-13 09:04:39

How's everyone getting on? I'm just ignoring those who have completed because I'm jealous smile

We're starting to get nervous, sellers have done nothing about getting any paperwork to their solicitor or finding anywhere to live and we've just going out they've gone in holiday for 2 weeks, we're worried they're not actually serious about selling and it's not going to happen arrrgghhh

Hi graduand that's bloody frustrating did you not give entry date in offer?
We got letter today saying our house sale has exchanged but the one we are buying we realised the solicitors hadn't included consent for the massive extension that was built so got to wait on that before we exchange on it,
Bloody crapping ourselves they are maniacs who built a two story extension without planning but know its unlikely.

thegraduand Tue 13-Aug-13 16:20:11

Didn't agree a date on offer, we just said "quickly" we knew they had to find somewhere to live so were giving them a little bit of leeway for that.

Good luck with the building consent. It's all a nightmare.

hefner Tue 13-Aug-13 16:35:41

That sounds frustrating graduand, maybe they will get going once they get back from holiday.

We've decided to make an offer on the house we like, although I doubt if we'll get it as ours isn't even on the market yet. Someone else has offered around 10% under asking (which was rejected), and we've decided to offer about 5% under asking price. Fingers crossed!

50shades, hopefully the lack of consent was just an oversight by the solicitor rather than anything more sinister!

Turnipinatutu Wed 14-Aug-13 23:37:33

We now have 3 viewings booked over the next 3 days. Spent hours and hours tidying and cleaning like a maniac today. I'm absolutely knackered!
Looking around, I can still see things that need doing. It's never ending....
Getting up early tomorrow to do some more.

Meanwhile, the house we want is still for sale but the new photos they've put up have increased their views on Zoopla sad
Keeping fingers and toes crossed!

Hopefully Hefner the sellers seem sensible and its all professionally done so I doubt anyone would be that bonkers lol

Good luck Turnip

hefner Thu 15-Aug-13 10:41:19

Ooh good luck Turnip!

Hi everyone! This process is never-ending, isn't it.

The building society called yesterday to say that they had lost all of our documentation (pay slips, bank statements, copies of our ID, cheques for valuation and arrangement fee - the lot), so we need to send it all again and the process is delayed.

I'm furious that our personal information is 'lost' so easily. Rah. Our buyer's mortgage is taking forever too, so doesn't look like we'll be going anywhere quickly sad

Anyway, sorry to come on just to rant. Good luck with the viewings turnip

Woo the building consent for new house arrived in post today so hopefully going to swap missives today yaaaaay fingers crossed that's it all done.

claracluck71 Thu 15-Aug-13 13:02:47

Ahh – its so bloody frustrating!

We had an offer accepted on the house we’re buying in February and finally managed to sell our property and get the chain completed early June, but we still haven’t exchanged.

We were very lucky in that that people we are buying from were happy to wait for us to sell, but that in itself upped the stress levels as they only waited for 3 months (fair enough) and then put it back on the market. Thankfully we found a buyer and they were selling to cash buyers – great only 3 properties in the chain as our vendors aren’t buying, so should be simple and quick, right? Wrong angry

Found out last week that the cash buyers aren’t actually cash buyers anymore as the first buyers were changed after two weeks, but they didn’t have anything to sell and had their mortgage in place. Found out Monday that not only are they not cash buyers, but they also have a property to sell too and no one can give us any information about the status of the person buying theirs.

Are you keeping up? grin

So, the upshot is that at the point of exchange – the top three in the chain have all signed their contracts and have no outstanding issues – we have gone from a chain of three to four with five interested parties, one of which is a complete mystery! And our sellers are threatening to forget the whole thing and stay put if we don’t complete by the end of the month, and we’re only moving because we want this particular house – not stressful at all hmm

It seems most of the problems and secrecy stems from one particular estate agency playing silly buggers and playing people off against each other and favouring those who are going to take out a mortgage via their financial services – shouldn’t be allowed IMO. Our buyer had four people wanting to buy their house at one point and it took over a week for them (their agents) to agree on who was going to buy it – only for it to change two weeks later.

Sorry for the long ranty post – but I feel a bit better now!

Good god Clara that sounds like a nightmare can you get tough with them and see if they can get a kick up the bum.
So am
I right in saying that the first people in the chain lied about having property to sell?

claracluck71 Thu 15-Aug-13 13:20:28

Either they lied, or the estate agent misled everyone, which is probably more likely. Unfortunately there's nothing much we can do. Our solicitor has managed to get contact details for the very first buyer's solicitor, but hasn't been able to get any response. Apart from chasing our contacts every day we're a bit stuck - and very frustrated.

It'll probably all turn out okay in the end, but I'm never doing this again - unless I'm in a box feet first grin

Hope they get their fingers out, a shit solicitor in a chain can really slow things up ridiculously

claracluck71 Thu 15-Aug-13 13:26:56

It can.

Good luck with your move 50shades !

Toomuchtea Thu 15-Aug-13 18:03:17

Clara that sounds a nightmare. It's so wrong that it still happens. Several moves ago we sold to a "first time buyer" who turned out on the day of exchange to have somewhere to sell that they hadn't sold. Why don't people have to prove their financial status? It oughtn't to be rocket science to look buyers up at the Land Registry, say, to see if there are properties registered in their names. Estate agents are too willing to believe what they're told, imo.

Here, we have finally moved. It's been an interesting few days. The house flooded the day before we moved in (splendid new heating system sprang a leak) so we spent the day with the plumber mopping, and moved in the next day with two floors up and one ceiling down. Not that we moved when we expected to as the removal vans were sent to the wrong address.... and I still don't have Broadband as BT seem unable to switch my service to a house 500 yards up the road from the last one. Five days and counting. They are an utterly shit company and have no rational explanation for anything. I only got compensation when I moaned (£10 a day) and openwifi when I went into supercharged firebreathing orbit. If I hadn't got arsey don't suppose I'd have got anything.

Still, at least we're in. Tomorrow I go round the rental place with the inventory chap. If he tries to charge us for anything I will eat him. Outside, where I will not be charged for bloodstains.

Bumblequeen Thu 15-Aug-13 18:33:52

We are on the market- almost three months and no interest! If we lower the price any more we will be giving the house away!

Feel quite deflated - hard not to.

We have not seen anything we have truly liked within our price range which is limited ridiculously tiny compared to budgets some have on mn sad.

Misty9 Thu 15-Aug-13 18:49:04

Hi all
We're STILL here. Shit solicitors can indeed slow the whole thing down! Even more frustrating when they're nothing to do with you or your vendor. On the positive, it's looking like exchange next week is likely...on the negative we can't actually move out until October now. Or at least we have to pay rent until then. Sigh.

I feel like I'm almost the only original person left from this thread - all the others have moved! Other events have at least eclipsed this one for now grin

Turnipinatutu Thu 15-Aug-13 19:01:53

Oooh lots to catch up on here it seems!
Clara, that situation sounds like the stuff of moving nightmares. Are you in touch with the majority of the chain via email/phone? Could you all gang up on the crap EA?

Toomuch, congrats on the move, but a flooded house?! Poor you sad

50shades, glad you got your consent forms ok. Phew!

Bumble, have you had any viewings at all? Is the market around your area generally slow? Does our property have any issues at all?

We had our first viewing today. Apparently she totally loved it, but was put off by the fact that if she listened really hard, while sitting in the back of the house, she could hear the road outside...hmm EA said she couldn't hear anything herself, but she couldnt talk her round.
So hopes are now pinned on the 2 remaining viewings tomorrow and Saturday......

Turnipinatutu Thu 15-Aug-13 19:04:37

Hello Misty, we crossed posts. I'm still here too!

Bumblequeen Thu 15-Aug-13 20:29:40


Yes we have had viewings but most have said it is on the small side. We have dropped by £10k- no change. The market is moving in my area.

Bakingnovice Thu 15-Aug-13 22:43:30

Misty I'm still here too! Still waiting for it all to come together. Reading this thread is the stuff of nightmares!

Clara - press your solicitor daily to get to the bottom of it all.

Turnip good luck with your viewings.

Bumble we were in the same position. Now letting our house to release equity and buy our new house.

50 thank god the consents are ok!

Toomuch - you poor thing. Hope your insurance covers the damage.

As for me, well still here. Not due to complete for a few months. I noticed one of our neighbours has started a business doing removals as he had a big van with logo on the front. I asked him for a quote and he said £150! I came home laughing. Surely he must be crap if that's what he's charging, but dh wants to snap his hand off. We also got a letting agent in to help us find a tenant. She basically told us a lot of tenants these days trash properties then gave a long list of jobs we need to sort per letting. The whole thing is a nightmare. And I seemed to have fallen madly back in love with my current house which is not good. I sometimes wonder why the hell we are putting ourselves through this.

Chin up buyers!!

Turnipinatutu Thu 15-Aug-13 22:52:01

Bumble - Is there anything you can do to make it look bigger?
Pale colours, decluttering, even move furniture?

We have a 'too small' bedroom and move as much out of it as we can for viewings. The car is stuffed full.
The trouble is our whole house is too small, which why we want to move!

Turnipinatutu Thu 15-Aug-13 22:56:06

Baking, are you planning on letting longterm or selling it eventually?

AuraofDora Thu 15-Aug-13 23:16:01

Is there room for one more? This seems to be the right thread for me.

Sorry to read of all the house buying pain here, it's uber stressful but am trying to maintain a distance and claim we will laugh about this, in approx 20 years time..

Everything going well, so we thought, ready to exchange on our sale but now find out woman who's house we thought we were buying has 'problems' and no paperwork has been filed with our solicitor and the estate agent will not approach her for straight answers

We are now scrambling around trying to find a new place before our buyers get fed up, as it looks like we have to accept that for whatever reason this house is not on the market any more. Wondering if estate agent or vendor wants more money for it as prices seem to have gone up since our offer was accepted.

So back to dealing with those underage pimply estate agents who were born not to listen nor give a monkeys that they are talking about huge amounts of money and trailing round damp properties being polite

hells bells

Bumblequeen Fri 16-Aug-13 08:43:50

Turnip walls are magnolia. The house is clutter free as I am by nature a minimalist. It is a small three bed with 3rd room being a box room. However it is modern, with newly fitted kitchen and bathroom. We are in a pretty good location.

5amisnotmorning Fri 16-Aug-13 11:06:59

Another newbie! Our house went on the market last week, sold at over asking by Monday.

The house we want to buy is in a different area and a complete renovation project. It has been a long term family home and the old guy is now realising that it is too big for just him.

They have had 20 viewings and no offers until us at 5% below asking price with a no chain buyer on our side. They have rejected it as they were hoping for a bidding war to get over asking price! They have now taken it off the websites to relaunch in September.

We are just about to go in at £10k more with a deadline of Monday and will walk away if it's not accepted. The problem is that we have been looking for a year but the house makes me nervous as it needs sooo much spending on it and gutting, I am pregnant and due in Feb and planning on giving up work after next maternity leave so whilst we could just about afford the renovations, we will be skint! Not sure if I will be happy if they accept of breathe a sigh of relief if they don't!

5amisnotmorning Fri 16-Aug-13 14:21:33

Well offer of £715k on an asking price of £750k rejected with no other offers on the table. Estate agent thinks he's bonkers but the guy is holding out for asking price. Back to trawling Rightmove!

Bakingnovice Fri 16-Aug-13 16:08:06

5am - I feel your pain. We had to offer virtually asking price to get our house. It has been on 6 months with no offers. It is a big fat lie that we are in a buyers market. Also, baby boomers tend to have the best family houses but don't want to sell them for less than asking price. Grrrrr

Turnip - any news on your viewings? Yes we do plan on selling our house as soon as our 2 yr fixed mortgage period ends. A sale would leave us mortgage free again but the next two years, or further until sale, are going to be v tight for us.

I have been comfort eating. I run but in the last month have gained 5 lbs and I'm sure it's the bloody stress. Lunch today was 1000 calories worth of sweet popcorn. Hoping I still fit through the door of our new house when we complete.

Turnipinatutu Fri 16-Aug-13 17:22:30

Hello 5am, you're right to walk away. It is a pain when you want the house though.

Baking, when are you hoping to complete? Hope the doors don't need widening grin

Feedback on our viewings so far.....
Yesterday's apparently loved the house, but put herself off by sitting in the back of the house and listening really hard for traffic hmm
Think the EA thought she was bonkers.

Today's apparently liked it, so we'll see if that comes to anything.
One more viewing tomorrow morning.....

Meanwhile the house we want is still on the market and their new photos have increased their Zoopla views from under 100 to 150!! (Sob sob)
Just hope all the work that needs doing will put people off offering on it.

Turnipinatutu Sat 17-Aug-13 16:15:44

We've had an asking price offer!!! shock grin shock

We now plan to go back to the dream house on Monday and ask if they'll reconsider our offer........Oh God, I feel sick.... wine wine wine

Misty9 Sat 17-Aug-13 16:46:04

Yey turnip that's brilliant! Good luck smile

Bakingnovice Sat 17-Aug-13 20:04:49

Well done turnip! Didn't I say this would happen?!! Yippee.

Turnipinatutu Sat 17-Aug-13 21:12:39

Thanks Baking & Misty.
I'm so chuffed. All the scrubbing and polishing I've done over the last week is not normal!
Everything now rests on the house we want. We've found nothing else close, so the pressure is on. I probably won't sleep over weekend for mulling it over! Keeping everything crossed!

Room for another one? We've just accepted asking price on our flat which is great. Had an offer rejected on one house but EA has let us know about one that's due to come on the market soon in the same road. Apparently it's being sold by an asset management co and solicitor - I think the owner has gone into a home. We've stalked the outside and it looks perfect but the EA obv can't show us the inside until forms are signed. We're planning to offer asking price if we can get them to agree not to market it at all but I don't know if the fact that its a company and not an individual vendor means they'll just want to grab the money and run. Anyone have any similar experiences?

Turnipinatutu Sat 17-Aug-13 23:37:53

Hello Worrisome, it sounds like we're now in a similar position. Fingers crossed here for you too!

Bakingnovice Sun 18-Aug-13 18:25:48

Worrisome welcome to the thread. From what I know the company may have protocols involved which mean they have to market and try to achieve best offer. Hope they don't market it for your sake and it all goes smoothly.

Thanks folks. Bakingnovice, yes I have a feeling you're right. The EA mentioned a 30 day marketing requirement but seemed to suggest it was for repossessions which this isn't. I guess we'll see, I'm just desperate to get inside!!

Bakingnovice Mon 19-Aug-13 09:12:50

Good luck today turnip and anyone else who is offering/exchanging/ completing/ waiting on news.

claracluck71 Mon 19-Aug-13 10:46:15

and so starts another week...

Good luck everyone!

Turnipinatutu Mon 19-Aug-13 11:43:26

Thanks Baking, I've done the deed. Now the waiting begins...confused

rubyrubyruby Mon 19-Aug-13 14:17:53

Still waiting for contracts

....... I have a removal van booked for next Tuesday and it's a bank holiday hmm

HearMyRoar Mon 19-Aug-13 16:29:22

Hello, can I sort of hang out on your thread for a moment. We haven't even decided to put an offer on a place and I am already in a state. If we go ahead I will be a wreck within the week, and I'm a first time buyer so not even got to sell anything.

I suspect it may be a buyers market if you are stupidly rich but sadly we are really not and even more unfortunatly live in a very, very expensive area so finding anything even remotly suitable in our budget is really very hard.

We have just viewed a flat which is pretty much perfect in every way. In fact it is even better then I ever thought we could afford. Ticks all my boxes, even some I had dismissed as fanciful. So what's the catch? It's over a fish and chip shop! Sob!

It's not fair. I love it but just don't know if I can live with the noise of the extractor fans and stink of fish and chips out the back. Not to mention the noise of annoying people buying take away in the evening. Off course there is not a hope in hell we could afford anything like it if there wasn't a major catch so if we say no we will be looking at buying something significantly smaller or further away from town and work.

There are already 2 offers on the table and a lot of interest so I don't think we can hang about thinking about it too long. DP is remaining annoyingly sensible about it all while I am bouncing about in a state of conflict and turmoil. hmm

FCEK Mon 19-Aug-13 16:40:20

It might not always be a fish n chip shop though?

can you go and camp outside it over the next few days at various times of day? If there's a massive noisy queue at pub kicking out time, that's a problem, if it's all quiet after 7:30, maybe not so much?

You'd also get to eat a lot of fish and chips. Yum.

rubyrubyruby Mon 19-Aug-13 20:00:33

I will be honest hearmyroar.

It would be a definite no-no for me - sorry

Misty9 Mon 19-Aug-13 20:23:43

hearmyroar I think the smell would put me off - esp if you got pg and had ms! They tend to have large extractors at the back of the property, so windows open on warm summer evenings would be difficult (or saliva inducing!)

Ooh turnip does that mean you've put an offer in on dream house?

We're still waiting to hear about exchange, but it seems in the realms of possibility that it could be this week. We're then away on holiday so couldn't complete until September serves them right
Also, I'm early pregnancy and having awful ms which has taken my focus right off houses and wallpaper!

thegraduand Mon 19-Aug-13 21:44:25

Good luck turnip

hearmyroar have to be honest I wouldn't go for it. I shared a flat above a restaurant once and my flatmate found the fan a nightmare, it was really noisy. I also once viewed a house that backed on to a chip shop and have to say the smell put me off, it is a strong smell

Turnipinatutu Mon 19-Aug-13 22:29:16

Misty- yes the offer is news today. I'm not sure if that's good or not, dh thinks they'll refuse, I'm clinging on to hope and over thinking it!
Congratulations on the pregnancy by the way! And fingers crossed you exchange this week.

Hearmyroar- I'd think very carefully about that one. It would be a major compromise. As others have said, the noise and smells would be more off putting to me than queues of people possibly hanging about. Could you visit during opening hours and open a few windows etc.

Bakingnovice Mon 19-Aug-13 22:32:44

Hearmy - fish and chip shop would be a deal breaker for me. But if you like it go for it.

Misty congrats!! And good luck with exchange.

Turnip - no news means they are definitely considering it. Good luck.

Turnipinatutu Tue 20-Aug-13 09:39:46

They said no sad
We can't go any higher, so that's the end of that.

Not sure what to do now, as there's nothing else to even view....

thegraduand Tue 20-Aug-13 10:01:48

Hope something comes on soon Turnip. I'm not going to say "it wasn't meant to be" as I always wanted to slap people who said that.

Nothing is happening with ours as vendors are away and they did none of the paperwork they were meant to do before they went away. Only mild positive is lots of nice properties seem to be coming on to the market if we need a plan B

rubyrubyruby Tue 20-Aug-13 10:16:12

Oh bugger turnip - sorry.

I'm still merrily decluttering and preparing for our packers on Thursday but still no sign of contracts and my solicitor appears to be avoiding me hmm

<<head in the sand>>

Buddhagirl Tue 20-Aug-13 10:26:38

Jumps in

DH and I found the BEST house. Offer got accepted on Friday, could not get an appointment with nationwide until this Friday, a whole week :/.

Old Nationwide said there is a delay on valuations at the moment. Really not what i wanted to hear.

Why do sellers pull out so readily if buyers are not lightning quick?? Everything i read says that if buyers dawdle you can forget the sale....but a lot of the time it is out of the buyers hands!

This is all SO stressful and I basically have not even started yet.


thegraduand Tue 20-Aug-13 10:47:00

Hopefully the EA will explain to the vendor about the surveyor delays, everyone is in the same boat, there is even an inquiry going on about the national shortage of surveyors, so a decent should manage the sale and sort this out

Bakingnovice Tue 20-Aug-13 11:43:35

Yes there is a delay on all surveys. In fact the whole buying selling process is rubbish. I hate it. Ours is at a virtual standstill and every day that passes compounds the stress, fear and doubts from the last day.

rubyrubyruby Tue 20-Aug-13 11:47:45

Our survey was quite quick. About 5 days and the report was with us 5 days later.

rubyrubyruby Tue 20-Aug-13 11:48:21

Sorry 3 days later.

Buddhagirl Tue 20-Aug-13 11:59:43

Okay that makes me feel a bit beter, they are buying as well so hopefully! they will understand the problems in getting a valuation

Buddhagirl Tue 20-Aug-13 12:04:31

Is there a difference between a survey and a valuation that the lender carrier out. We are having a full structural done seperate to lender.

sorry for the basic questions i cant find the answer on google

Buddhagirl Tue 20-Aug-13 12:04:54


thegraduand Tue 20-Aug-13 12:18:43

Valuation is fairly minimal, it's purpose is to tell the lender what the property is worth. A full structural takes a lot longer, and is more in depth, looking for damp, subsidence etc. Often having one of them delays things, we just had a valuation survey and it came through quickly as the valuer was in the area and had a cancellation one day. It might be quicker, but mort expensive if you pay to have the full structural survey done by someone different who isn't also doing work for lenders

rubyrubyruby Tue 20-Aug-13 12:45:13

Valuation is for lender only
Homebuyers - you pay extra and get a report that's yours
Full structural - takes longer and costs a lot more.

What sort of property is it?

Buddhagirl Tue 20-Aug-13 13:28:17

Okay so the lender does their own thing with the valuation and does not do a survey? That's fine.

Property is turn of the century and has had work done on it. Structural survey is booked in this Friday, with a local company, nothing to do with NW, on the same day as the first appointment available with nationwide, a bloody week after offer was accepted.

hefner Tue 20-Aug-13 14:18:58

Oh no Turnip, what a shame! We're on the market now, but we've only had one viewing so far. Vendor of the house we like hasn't replied to the offer we made last week, I think she's probably waiting for an offer from someone who's already sold. I'm hoping more houses will start to come onto the market now that people are coming back from holiday, things have been a bit slow since we started looking.

crochetkate Tue 20-Aug-13 18:46:38

Can I join?

We had an offer accepted on a property in April. Lots of delays includingfirstmortgage being declined, survey taking 8 weeks. They put it back on the market we got gazumped sad

However, saw our perfect house on Friday, offer was accepted today smile

But I cant shake the feeling something will still go wrong. We are getting married at Easter and so want us to be settled into our nest then so we can start TTC DCs then.

Support welcomed!

Turnipinatutu Tue 20-Aug-13 21:42:48

Congrats Crochet. Good luck with it all!

Buddha, I wouldn't panic, just keep your sellers informed of what stages you're at, so they know you're working on everything.

Ruby, hope you get some news on your contracts soon. Before you move out and camp on their doorstep!

As for us...I'm expecting the house we were turned down on to drop its price again if no other interest in the next couple of weeks. They've been dropping on average every 6 weeks or so since February!
Dh thinks we should forget it, which would be easier if there was anything else to even view!
What I don't want to happen, is for us to give up on it, then someone else comes along and gets it for the price we were offering!

I'm still waiting to exchange on house we are purchasing even though one we are selling has exchanged, the two lawyers involved are taking bloody ages and I'm getting nervous. They are waiting on a letter of comfort for a porch that was built.

rubyrubyruby Wed 21-Aug-13 07:13:02

Thanks Turnip - it's all very frustrating.

The house we are moving to is just up the road and empty which only increases the frustration! I may go and peek through the windows later grin

Buddhagirl Wed 21-Aug-13 09:48:26

Cheers guys,

How would I keep the buyers informed? Go through the EA? or just knock on the door!? (I know this is a stupid question). Being a FTB sucks.

rubyrubyruby Wed 21-Aug-13 10:14:43

Buddha - do you mean the people you are buying from?

Buddhagirl Wed 21-Aug-13 10:17:48


Misty9 Wed 21-Aug-13 12:47:07

Go through the agent buddha as they're usually the person with all the contacts and it's in their interest to get the sale completed!

So it looks like we're going to exchange tomorrow!!! Deposit over to solicitors, insurance sorted, and now we have no money! Expensive process this house buying lark.

rubyrubyruby Wed 21-Aug-13 13:38:28

Yes - always good to keep agent up to date but the owners o the property will surely know about the survey as the date/time would have been confirmed with them.

HearMyRoar Wed 21-Aug-13 19:59:35

Oh! How exciting Misty grin

After much discussion we have decided to make an offer on the flat. We have made it clear that this offer is final and that we don't have the funds for going any higher so it's a yes or no from them.

Saw a mortgage advisor today as well, so now I am going through all our finances trying to get together the money for the fees and things if we get our offer excepted. The sound of bottoms of barrels being scraped echoes round the house. You are right, this is certainly an expensive business.

Turnipinatutu Wed 21-Aug-13 22:16:18

Good luck Hearmyroar!

And you Misty. Hope it all goes smoothly.

Ruby, any news on your contracts?

We had another offer for ours today. When the EA said we'd already accepted asking, she apparently got all upset and offered 5k above asking!
We're sticking with our buyers though as we know them, they're nice honest people and they're going into short term rented while we (hopefully) find a house.

Our EA spoke to the EA of the house we wanted today, to try and find out what the owners are aiming for.
He said they're hoping for 550k. Our EA felt we would be in with a chance at 530k.
This isnt doable for us. We thought about offering them the extra 10k we unexpectedly got for ours on top of our 500k offer, but it would end up costing us more in SD!
Very frustrating, as it seems so close!

Anyway, I've deleted it from the favourites now and am trying to forget it...

Bakingnovice Wed 21-Aug-13 23:38:49

Yes turnip forget about it. Focus on the bad points like how much work it needs. I'm very very jel of all the offers on your house.

claracluck71 Thu 22-Aug-13 11:17:45

I hope your exchange has gone through, or is just about to Misty - you can relax a little now (apart from packing, of course grin)

We are still no further along. Estate agent and our solicitor are pushing for information, but not getting anywhere. So, we're just stuck in limbo not knowing what to do. All the mortgages in the chain are in place, but other than that, who knows!

To add another complication in to the mix I've got jury duty for two weeks in September too!

Misty9 Thu 22-Aug-13 16:54:36

Oh turnip sorry to hear abut the house sad maybe they'll see sense in a few weeks?

No exchange as yet... hmm waiting on our vendors sols to answer some outstanding queries. Tbh, I feel so rotten I haven't even dwelt on it much! Maybe that's the one and only advantage of ms...

As for packing, we're going to treat ourselves to packers after having done it ourselves 7 times in the last 5 years grin

rubyrubyruby Thu 22-Aug-13 17:10:04

Oh bugger
Looks like we're exchanging and completing on the same day hmm <<eek>>

Turnipinatutu Thu 22-Aug-13 22:03:07

Misty- 7 times in 5 years!? You must be mad! Hope the ms eases off soon and exchanges are made. You're nearly there....[envious]

Ruby- when is the big day? We exchanged and completed the same day when we bought our current house. It was a bit nerve wracking seeing our keys handed over before we'd received the new set! But all was fine.

Clara- do you know what the hold up is?

Lagoonablue Fri 23-Aug-13 02:05:01

Hello. Can I join? Selling and buying. Have accepted an offer on ours from FTBs but can't find anything we like! Well we can but the house I want is gone. EA didn't tell us until we looked round and said we were interested. It is under offer but they were still allowing viewings. Not sure why.

We have said we are interested, have buyers for ours but just have to hope their buyers pull out.

I am preparing myself for what lies ahead and trying not to panic about not being able to find somewhere fast enough.

Reading your stories on here is helpful.

Lagoonablue Fri 23-Aug-13 02:30:13

Oh and wondered about this........need some repointing done on our house. Vendors will have seen the cracks. Do I get it done before their survey do you think or just knock the price off the house if it is an issue for them?

Buddhagirl Fri 23-Aug-13 08:09:18

What if lagoonablue is my vendor :0

Going to nationwide today to apply in person. Then I think after that I will just do what I'm asked quickly and stop constantly trying to speed things up... Because it's impossible.

Fingers crossed for everyone.

claracluck71 Fri 23-Aug-13 09:10:28

Hi Turnip we have no idea what the hold up is - which is really causing the frustration. Our solicitor is equally frustrated as she has been unable to get a response from further down the chain for a couple of weeks now. Unfortunately, we're not in a position to issue an ultimatum, as we are only moving because we want the particular house we're buying, so have no bargaining power!

Our vendors wanted to complete next Wednesday. Unbelievably they've never sold a property before and are unsure about the process - not sure if they realise that it's not going to happen yet confused I hope they're going to be ok.

BeenieBaby Fri 23-Aug-13 18:52:36

Hello all! I'd like to join please? Have put in our first offer today and still waiting to hear back from EA. its a place with lots of potential but equally needs lots of work doing. We've had to offer quite a lot below the asking price because we can't afford the asking price and all the refurb that would be required... I'm doubtful it will be accepted but it's such a lovely place and I'm secretly hoping for a miracle!

Turnipinatutu Fri 23-Aug-13 19:22:30

Hello Beenie, it's sounds like you are in the exact same position we were in. Fingers crossed you get it.

Lagoona, I wouldn't worry about getting repointing done. It's not like its expensive enough for them to ask about the cost being knocked off. I'd save your money for your new house.

We've got our buyers surveyor booked for next week. I'm not really sure how we should prepare for it, if at all...
I've booked some viewings for next week as well. Nothing that leaps out to me as being a strong possibility, but thought I'd just view everything that's a vague possibility!

HearMyRoar Fri 23-Aug-13 19:35:50

Our seller seems to have gone AWOL. Spoke to ea and they can't get hold of him at all. You'd think he didn't want to sell. hmm

BeenieBaby Sat 24-Aug-13 11:27:27

Eeek our vendors want till Tuesday to consider the offer! I'm on tenterhooks! At least it's not a direct no....

HearMyRoar Sat 24-Aug-13 13:24:37

We can wait together beanie

Our's has now been located and given our offer but wants to consider it along with the other 2 they have had. Aarrggh!

Lagoonablue Sat 24-Aug-13 15:51:38

Have already committed to the pointing unf hmm. Still only £90.

hefner Sat 24-Aug-13 15:56:36

Good luck Beenie and HearMyRoar!

The vendor of the house we wanted was considering our offer, but now someone has offered higher and they are ready to proceed sad. We might try putting in an asking price offer, but I still don't think we'll get it as we've only had one viewer for our house, so not much chance of selling any time soon.

Lagoonablue Sun 25-Aug-13 06:38:38

Hi. Good luck to those near completions.

Can I just ask. Am putting aside money for legal fees, survey, estate agent and stamp duty of 1%. 5 thou should be enough shouldn't it?

rubyrubyruby Sun 25-Aug-13 10:19:51

It depends on the value of the properties you are buying and selling Lagoona and what % your EA charge.

Misty9 Sun 25-Aug-13 11:02:02

We've exchanged!!!! Completion set for 4th September so we'll have almost exactly one whole month of both mortgage and rent angry but at least it's nearly over.

I daren't think how much all the fees etc have cost - over £10k and we're not selling! Bloody stamp duty.

Gotta dash as typing makes me feel sick... Good luck to all new joiners, it's a frustrating and stressful process but fingers crossed its all worth it in the end smile

rubyrubyruby Sun 25-Aug-13 19:17:00

With EA fees
Stamp duty

= not much change out of £30,000

<<and breathe>>

rubyrubyruby Sun 25-Aug-13 19:18:27

Sorry misty - yay!!! Great news grin

Lagoonablue Sun 25-Aug-13 21:10:43

God you must be buying expensive houses. Mine is below £250. EA charges £1300. So with legal fees £5 thou should be enough hopefully.

HearMyRoar Mon 26-Aug-13 11:06:01

Congratulations misty! grin

My place is pittance compared to you guys. It's only £155'000 so 4 grand should cover the lot (with cheap survey and solicitors). At least I hope so as due to this being a bit of an unexpected move we can barely manage that at the moment.

Bakingnovice Mon 26-Aug-13 12:11:56

Congrats misty. Our exchange is set for mid sept. as the time approaches I'm getting really anxious, terrified and excited! Can't wait until we have a tenant in this house and are settled in the new one. I'm currently trying to eBay/bin/give away all our not needed stuff so I can start packing the stuff we are taking.

How's everyone else getting on?

Wishfulmakeupping Tue 27-Aug-13 09:12:59

Hi all can I have some tea and sympathy please? Utterly stressed out.
We accepted an offer on our from first time buyer and had offer accepted on dream house (family selling as their mums house who died) all going ok we were told everything place we paid mort advisor fees, valuation fees and then on thurs last week after pestering my agents for 2 days they admitted that our buyer had now been refused mort sad
Dream house going back on market they won't wait for us to sell - we have another lady interested but she's getting cash for house out of divorce so think that will be a while off.
So stressed got a little 7 month old dd and we should have been moving in oct just in time for me to go back to work in nov- not going to happen now sad
Sorry just needed to get it out there, Im fed up and I hate my agents they are such bloody liars and everytime I speak to them they speak to me like shit

Wishfulmakeupping Tue 27-Aug-13 09:13:20

That was massive sorry

Bakingnovice Tue 27-Aug-13 10:03:13

Oh wishful you poor thing. Can you change agents? They sound awful. I'm sure something better will come along.