Hi all,
The situation is that we're in a chain waiting to exchange. We've been ready to exchange on the purchase side for weeks but our buyer's solicitor is not ready to exchange. We do not fully understand the current status and how long things will take to resolve.
We do know our buyer's mortgage offer expires in less than 2 weeks (i.e. we have less than 2 weeks to exchange and complete). I am panicking because interest rates have gone up so much that if the chain falls apart, it will cost us an eye-watering sum (tens of thousands).
I've not heard from our estate agent since Monday (letting us know he couldn't get hold of anyone and was waiting for calls back) and we've had nothing from our solicitor for a couple of weeks (an email to her a few days ago has gone unanswered).
I don't want to be that unreasonable client who keeps chasing for updates too often, but there's a lot of money at stake and every day matters at the moment!
What do you think?