Buyer's support thread #5

[scribblegirl]

Sorry for breaking the last one

and for all....

Fingers crossed - except my solicitor doesn't think they will.

Well, if they don't, reduce your offer and extend in two years time.

Well it look like they still haven't had the mortgage offer. Think something is wrong.

We are booking to view another house. Does anyone know if we will have to apply from the start for a mortgage or if our bank will just reassess based on what they already have?

How long as it been?

We are still waiting for our formal offer and I think it was approved "subject to valuation" close to a month ago.

Kirinm - a few days short of 3 months since they first applied. Apparently got approved 3 weeks ago.

Oh shit that's a long time. I'm assuming your solicitor has been chasing it up?

Yep our solicitor has been chasing them, the estate agent has been chasing also. This is why we think something isn't quite right. :(

Anyone heard anything about their purchases today? It's all quiet here. Mortgage company still haven't sent the offer and I'm rapidly losing interest so can't be bothered to chase anyone.

Hi Kirin and everyone we heard today that 3 of our 4 searches are back so the solicitor is going to send us fixtures and fittings plus any queries so far to have a look at.

It's frustrating to think we could have been exchanging now if we hadn't had the silly delay with the draft contract and all the drama with the solicitors, but there we are. I took a few days to go away with family and just not think about it, and it has really helped. Sorry for everyone else going through delays

Mortgage company still haven't sent the offer and I'm rapidly losing interest so can't be bothered to chase anyone.

If you are feeling like that - might be worth playing hard ball and telling the EA that if lease extnesion isn't sorted at the vendors expense (and the application made in [1] week) - you are pulling out.

Might focus their mind! What with the soon to be lack of rental income.

Well the mortgage valuation for someone in my chain is happening today so fingers crossed they get their mortgage offer then everyone can pull their fingers out and get exchanged!!

Really need this to go though as rapidly losing the will to live :(
Fingers crossed for everyone else

Finally some good news - their offer is in and they are suggesting 30th for completion :)

Heard back from my buyers and it looks like their application to the housing association should be fine. Hopefully get that approval this week.

Still not heard about our mortgage. I'm starting to go slightly mad with the anxiety of it all. There's no reason the shouldn't approve us at this point but I'm still terrified. I just want it to be all done ant approved before I lose my mind

How long are you having to wait for mortgage approvals?

Mine is on 5 weeks but it hasn't been plain sailing

Our valuation was nearly 2 weeks ago and we are still waiting. Our actual application was made over a month ago now.

Crazy! So I guess we just proceed with the conveyancing and hope the mortgage doesn't get declined? Tis nail biting times.

Cool - we had one in less than 3 weeks. Our vendors took 3 months - luckily they commissioned searches etc so now it's come through they are ready to go.

Yay skittlesss - that's great news.

potatos - good progress at least.

cool - I think ours took about a month in the end (could have been 2.5 weeks but was held up by my employer's delay in returning a reference form)

We're still waiting for solicitor to submit a report to lender notifying them that there's no access rights from the road (because it's private). Shouldn't stop them lending but then they'll need to process it which will take at least a week. twiddles thumbs

We did correspond with the vendors today (via EA) regarding some items they were disposing of and wanted to know if we wanted (gratis) and we did, so that's good. Also reassures me that they're fully geared up for their move pending the end of the interminable legal process.

Might chase the sol tomorrow for want of something to occupy me.

Can I join you?

Just found out our mortgage application has been selected at Random by the building society to be checked by head office and scrutinised even more. It's been six weeks already, we've only just found this out. now they are asking for information from my next payslip which is not due till the end of the month. Gah

Fingers crossed Dusty. I'm giving up. My enthusiasm has vanished. DP is now suggesting we wait until the results of the referendum before pushing as things could go mental in the financial market afterwards. Not sure if he's serious, I doubt it

I know how you feel, I could honestly tell the bank just to stick it! Our vendors can't find anywhere to move to, presumably because of the referendum. It's been a five year haul to get this far and I've had enough.

Could also have something to do with being home alone all week with a toddler with chicken pox and it's due to chuck it down all week...

My sol has chased this morning (surprisingly) the mortgage valuation was supposed to have been done yesterday and an offer is imminent - lets hope it in the post ... argh! all my kids go on about is when we getting the house lol

kirin that sucks. It's horrible that any joy has been sucked out of the move for