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Buying and selling support thread?!

1001 replies

GinIsIn · 23/03/2016 09:20

Hi, I know there's a sellers' thread, and a buyers' thread, but I am knee deep in trying to do both at the same time and starting to feel like my head might explode and not sure which thread to visit to beg for someone to send Wine Anyone else?!

OP posts:
SayAGreatBigThankyou · 16/06/2016 13:48

Still no closer to exchange here. Getting v frustrated with it - will either exchange or fall through tomorrow :(

Gobbolinothewitchscat · 16/06/2016 13:54

Definitely puggy. I'm not criticising you (hope it didn't appear like that) but I think the EA is putting you in a really awkward position which isn't fair as you are now probably speaking to the vendors more than them! I think you should send the kitten round to tell them - then they can't possibly be cross!

Gobbolinothewitchscat · 16/06/2016 13:55

Ps - good luck with all the exchanges today

StepAwayFromTheThesaurus · 16/06/2016 14:17

Well there's no hint of an exchange here today. Urgh. The solicitors clearly haven't finished the paperwork as we haven't yet seen or signed anything.

Luckily the solicitors are only 10 mins walk from our house so we can go in and sign things there rather than relying on post.

puggymummy1 · 16/06/2016 14:25

Gobbolin, it's very awkward. The EAs seem chilled about it. I can't sleep.

Jeremysfavouriteaunt · 16/06/2016 16:28

Still no exchange here Hmm

thesnailandthewhale · 16/06/2016 17:16

Lots of progress here today; I got my mortgage offer, my survey came through and the solicitor has had all the searches back Grin

However, he hasn't yet heard from the landlord (leasehold property) despite writing to him on May 30th and he and I both chasing :(

StepAwayFromTheThesaurus · 16/06/2016 19:26

Glad someone's making progress!

We have finally received the report from our solicitors but not until after we had a long and irate phonecall from our vendor. Apparently he will be pulling out if we don't exchange tomorrow morning. He didn't communicate an absolute deadline at any point (and has held everything up) and is also panicking because they've already booked and paid off movers (prematurely).

So it looks like tomorrow or bust. We're going to have to loiter in the solicitor's office until everything gets done.

Why does this need to be SO stressful?

And why didn't our vendor behave more sensibly? Why does this process turn people into nightmares?

Jeremysfavouriteaunt · 16/06/2016 19:26

Did anyone exchange today? We didn't Confused

Jeremysfavouriteaunt · 16/06/2016 19:28

Your vendor sounds a bit volatile step, do you think they have been communicating this to their solicitor and it's not been passed on?
Or are they just being stroppy because they didn't think it through?

StepAwayFromTheThesaurus · 16/06/2016 20:41

I think it may be a mixture of both.

When they filled in the seller's info forms they said there were no deadlines. They also originally were tying a purchase in as well, but decided to sneak one in. They're now buying a new build and the developer want it to complete before their financial year end otherwise the deal they've been offered won't stand (allegedly).

The solicitors they used when they bought this house were crap so they didn't have some of the information they should have. Our solicitors asked them for a copy of the original planning permission for the site but they never provided this. Our solicitors had to get it from the local authority themselves.

There has also been an issue with the roads being adopted on the estate so our solicitors asked them to buy an indemnity for us so we would not have to pay for road maintenance to make them adoptable (because their original agreement with the developer is not transferable in a sale). They dragged their feet over this and just wouldn't do it. They just couldn't understand that it is their problem and any buyer will expect this.

There was also an issue with management fees where they refused to accept to they will have to take responsibility for the management fees up until completion. We shouldn't have to pay the full year when they lived there for half of it. So they dragged their feet and are clearly resentful at having had to pay this. Bear in mind that they have no EA fees to pay, so it's particularly silly.

Then this week they suddenly decided that they would cough up and supplied all the paperwork to our solicitors. Within 5 minutes of their solicitor emailing that through they phoned to say they wanted to exchange there and then. Our solicitors hadn't even had a chance to look at it never mind do anything with it. We haven't had a contract to sign at all up until today because the vendors hadn't supplied the information to produce one.

So now they're being total arses and going on about how they have to complete on the 24th and must exchange tomorrow (Monday is too late). And it appears that this is at least in part because they've prematurely booked movers. At no point have they given our solicitors a deadline - and certainly they couldn't have done since they hadn't answered the bloody queries.

DH had to speak to an irate Mr vendor tonight at dinner time (and he came so close to telling him to fuck off and that we weren't going to buy the house at all in anger Shock). The solicitors sent through our paperwork for us to look at and we just need to go in and sign it. We can do this tomorrow so hopefully the solicitor will make herself available for this.

On top of all this stress I'm really pissed off at more than. I have already sorted the buildings and contents insurance but they haven't sent me the documentation. They've taken payment and sent me an email so I could theoretically log in and download it myself but no. Apparently the account is suspended and I need to contact a customer services manager. I spent 30 minutes on the phone to the wrong department (because the website gave me the phone number that takes you through to car insurance) and the (very nice and helpful) guy in the phone couldn't get me through to home insurance nor could he get into my account. So he's put a note on my file and I need to phone at 8am tomorrow. I also tried the web chat but the guy on there claimed that he couldn't find the account and said I'd need to phone. I do not need this stress, especially when I know I've sorted it (and I can see they've been happy to take my money).

StepAwayFromTheThesaurus · 16/06/2016 20:47

Actually make that 45 minutes on the phone plus 20 minutes on the web chat for nothing to be resolved. I am not very happy right now.

Jeremysfavouriteaunt · 16/06/2016 21:26

Blimey step, I feel stressed after reading all that. I hope tomorrow gets this situation resolved.
We are having issues with an in adopted road too and the vendor sent quite a rude email about me to the estate agent- which was accidentally forwarded on with an attachment Shock.
Fingers crossed we both exchange tomorrow.

Chillywhippet · 16/06/2016 21:31

step we bought a newbuild at this time of year, 2 years ago. The pressure to complete before the end of June, which is the end of the financial year was immense.The developer threatened to put the price up if we missed the year end. Our solicitor had conversations with them like, "there is no point in you threatening my client. We are all doing our utmost and you won't sell to another buyer by year end."

I think the slow progress of everyone's sales and purchases at the moment may be caused by all the developers pushing to get their sales through by year end. We have been given a survey date on our purchase for a month away. Our vendor must be spitting mad as we promised quick completion as part of the price negotiations. Not a new build this time. We are trying to buy an ugly 1950/60's pebble dash house but I love it.

Off to have a baileys. anyone? Wine

Mummyme87 · 16/06/2016 21:47

Mortgage application sent off. A few amendments for the broker to make but yey! Thank god for that

StepAwayFromTheThesaurus · 16/06/2016 21:51

I can imagine the developer is putting the pressure on to complete by their year end. But, why not say there's a deadline many weeks ago? And, if you have a deadline, why not get a bloody move on and respond to queries/take responsibility for the problems with your house that need addressing?

What not to do is drag your heels and then start getting arsey that you can't exchange the instant you've deigned to respond to queries.

StepAwayFromTheThesaurus · 17/06/2016 08:49

I have at least sorted out the insurance. More than have totally messed up (they took the money but left it as a 'ghost policy' rather than doing whatever they should have). The guy in the phone was lovely and really helpful though and has sorted it out so that I now have proof of cover.

Now we just need to basically sit in the solicitors office until they'll let us sign everything so that we can exchange today.

I hate all this stress! Wish us luck...

StepAwayFromTheThesaurus · 17/06/2016 08:50

I hope you exchange today too Jeremy. Then we can both relax a little bit (well as much as you can when you're still in the middle of moving house).

Jeremysfavouriteaunt · 17/06/2016 09:01

Thanks Step, we are in the middle of GCSEs and A levels too, plus the house that we are renting is sold. The house we are selling is a long way away and we just realised that the loft is full of stuff still, so going to clear that on Father's Day.

Oogle · 17/06/2016 09:11

We had an offer accepted on the house we love! No forward chain so fingers crossed it's a simple process. I'm probably the one that will hold anything up as I don't have a mortgage offer yet - although my broker sent through my rates yesterday and he thinks it'll all run smoothly as I only need to present an accountants certificate due to the size of my deposit.

Hopefully surveys will come back ok as I cannot accept a revised lower offer on my house and still move to the new one, everything has to go through on the figures already agreed. That's a bit scary.

All being well though, we all want to move as quickly as solicitors can do so, so hoping within 10-12 weeks which will suit my buyer.

whois · 17/06/2016 10:25

I feel stressed after reading all that blimey me too! Vendor and sol seem like a massive nightmare.

Jeremysfavouriteaunt · 17/06/2016 12:39

Any news for anyone? We have just exchanged!

StepAwayFromTheThesaurus · 17/06/2016 13:40

Glad you've had an offer accepted oogle. I hope your conveyancing process goes better than mine!

Congratulations Jeremy! I'm so pleased for you. I hope the GCSEs and Alevels are going OK. DS1 had physics GCSE this morning. Now all he's got left are 2 further maths papers next week.

We spoke to the solicitor. We've signed everything and done everything we can at this point. Our solicitor has requested transfer of funds from the bank but that isn't going to be immediate and they won't exchange until they have confirmation that the funds will be released for completion for the bank (obviously). That's not going to be today realistically but may be Monday.

The solicitor told the vendor's solicitor in no uncertain terms that he is to stop contacting us and talk to his solicitor instead because his aggressive conduct is actually becoming harassment and isn't helping anyone. The vendor's solicitor knew nothing of this supposedly immovable deadline today that the vendor dreamed up. Our solicitor has suggested that we start referring to agressive, awkward people as Hendersons* and being awkward as 'doing a Henderson' because he is that bad! She actually described him as a horrible bully.

DH has had a text from the vendor just now (I've told him to block the number) saying that our solicitors are so unfair (imagine huge teenage strop) and are saying that the bank may take up to 7 working days to release the funds (because they might). Apparently he's talking to the developer about it all as that might take us to the 27th and woe is he etc etc. Thing is, the developer's year end will be the 30th so they're not going to give a stuff if completion is Friday 24th or Monday 27th. The problem, we think, is that the vendor has prematurely booked his movers and may lose his deposit. Our solicitor said that she would have advised him not to book a van at this point so it's his own fault anyway.

Tbh, I'd actually prefer it to be Monday 27th. That gives us the weekend to get ready and DS1 will be finished all his exams. It's also easier to find movers with availability on a Monday with this much notice. Also, the fact it would annoy the arsehole vendor would also be a bonus at this point.

  • names have been changed to protect the not in the least bit innocent.
whois · 17/06/2016 13:54

Yay jeremy happy for you.

Stepaway I'm rooting for a Monday completion just to piss him off :-)

StepAwayFromTheThesaurus · 17/06/2016 14:01

Grin it would be better than he deserves.

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