OK, please be kind.
I sold my house and completed last week. I negotiated with the buyers a week or so after they wanted to move in but didn't want to keep them waiting and potentially lose the sale.
I started looking for a house when I got an offer on my house as I knew I wouldn't have put an offer in anywhere before I had a firm offer on mine. I found somewhere a couple of weeks after and started the process but it's been VERY slow so far.
There is no chain and the house is being sold by a property developer, has just been refurbished and is empty. I am not getting a mortgage and am buying with Heylo so I'll be buying a share in cash. It'll be a cash sale really. Heylo have been very good so far and communicating with me throughout. I thought this should be a fairly quick process being chain and mortgage free and wasn't expecting so many delays at this stage.
It's nearly 8 weeks in and until the beginning of this week my solicitor has been waiting on the contract pack and protocol forms which should be filled in at the start I think ( I know I filled mine in very quickly and sent them back soon after the start of the selling process). He was still missing the property information forms yesterday which they haven't sent back.
Searches are back.
He's not been able to start enquiries yet I understand because of the delay in receiving all the documents.
I am getting very worried that having taken the sellers so long to get these forms back ( and their EA also told me that's what they were waiting for so it's not just my solicitor), that this could roll into months on end.
I've told them I need to be in by the end of August as I start work and need to gets the kids into school.
My solicitor emailed today saying he cannot guarantee this as he doesn't know how many enquiries he'll need to raise and how soon they'll respond. He's told me to let him know if I want to pull out.
I was going to stay at my mum's but now she has my brother and wife there and I have three kids to house.
We are currently staying in a holiday chalet and I've booked it until the 18th but I don't know whether to pull out now and try and rent somewhere or take a chance?
It's going to cost a bomb either way.
I've looked into renting but am astonished that most rentals are wanting me to be on approx 40K income (I work F/T but under 40K) so I don't even know if I'd get anywhere anyway. I obviously have money from the house left over which I was going to buy my share with (100K) but since I have lived in my own house I don't even have any references from landlords etc.
What should I do?
Pull out or wait it out ?