In a Chain Support Thread Nov2017

[YogaDrone]

Congrats to those who have exchanged and are moving soon.

Fingers crossed to those hoping to exchange soon.

Come vent your property chain based frustrations and joys here.

Previous thread is HERE

Rats - my first attempt at playing house matching Eros failed miserably Best of luck to you both this weekend Lazy and Knitted

The logical thing for your vendors would have been to have moved into rented Lazy but I guess they were so pissed off and stressed with their vendors that they just chose to pull out entirely. Total pisser

OMG lubey, 2 years?. You'd think they'd want to sell and move into rented wouldn't you just to get that part resolved. Fingers crossed they will come out of the dozy twat fog and see sense today!

yoomoo you sound super organised. So excited for you - just a few more sleeps now!

Goodness Stormy you must be super human!

Zoe meeting your vendors today will be helpful I think. You can get more of an idea of their expectations. Not sure about the contracts pack - our new sale pack took about a week to go to the purchasers solc. Hope today goes well.

Ok, so mortgage valuation is arranged for Monday - no sleep this weekend then. We have not had one before as they used an online valuation tool for our previous offers. How long does it normally take from valuation to approved mortgage?

We were the 4th set of buyers for our vendors - who had also been at this for 2 years. Like Lubey I thought they would have bitten the bullet and rented in order to keep us. Can only conclude that they aren't really bothered about moving!

Honey it depends. Once the lender has approved the valuation - and assuming the numbers all stack up - then they will send your file to the Underwriters to look at. They review your income etc., and look at the affordability stuff, do credit checks and so on. From our valuation being done to mortgage approval took about 7-10 days.

Our purchasers valuation survey was done on Wednesday AM and approved on the same afternoon. I think they had already done the affordability and credit checks and obtained the agreement in principle prior to the survey as they went via a broker. Hopefully it will be approved quickly for you Honey

It sounds as though your vendors just lost the will to sell Lazy

I've decided that I'm going to move DS into the spare room and then DP and I can dismantle his seriously enormous bunk bed set (I swear it's the same size and weight as a small car!) this weekend. It won't fit in the new house anyway so it has to go one way or another.

Honey my valuation to offer took 4 working days with Nationwide - but then was posted so didn't get to read it for another few days. That was Nationwide.

Spoke to my solc this morning who is utterly useless and complained that he's piggy in the middle between me and other solicitor. I've agreed to completion on 30th but can't exchange earlier as don't actually have gifted deposit money cleared yet. He sounded pretty horrified at doing it all in one day. Have also spoken to estate agent who can speak to new build company direct and tell them it'll happen when I get the deposit money.

Hope everyone else is having a stress free day.

Oh dear, well a bit of a crappy day today. Had a huffy phonecall from the vendors EA early afternoon to say that the vendor was due to go in and sign things this afternoon, but that they wanted to know why our solicitors was asking all these questions about the attempted insurance claim for subsidence which they made last year. After a lot of ringing around, it transpires that the vendor’s sol - having received queries in October and taking until a couple if days ago to respond - also failed to disclose the documents we’ve already seen ourselves, and instead supplied a completely unintelligible sentence by way of response. Unfortunately this means our solicitor is under the impression that perhaps there is a historic issue with subsidence that she may need to tell the lender about. I don’t think this is the case, but she does need to receive a proper response from the vendor’s sol. So, she’s also told our buyer’s sol that no completion date can be committed to until the issue is resolved. So I have had to try and reassure our buyer via our EA that we don’t think this is a big deal, and that whatever happens we want to honour the sale.

So, as you may imagine, I am very ready for some and a lie down in a darkened room.

Fresco Lots of issues caused by poor communication - it's so infuriating. It gets to the stage where you feel like screaming at everyone because you are doing all the work!!

Heard nothing at all despite chasing. As we all know when EA's go quiet that never seems to be a good thing. stick a fork in me I'm done

Thanks Lazy that’s absolutely it, so frustrating.

Sorry there’s no news Lubey where does this leave you - would you sell and go into rented, or is it the end of everything?

Oh Lubey love. I really, really feel for you. It's awful. We were exactly where you were - even down to nearly starting smoking again (after almost 9 years since I gave up).

In a funny way one positive of our purchase having fallen through is that it has brought an end to the endless sick feeling of chasing, chasing, chasing and getting nowhere - and feeling like you are at breaking point because nobody is talking to you.

Is it time to issue an ultimatum for a response? Send a firm email to the EA and cc your solicitor (and your vendor as well if you have their direct details?) and say that if you don't get a response by 16:00 on Monday then you are pulling out? At least that way if the deadline passes and you haven't heard anything, then you can bring an end to it and try and formulate a plan for moving forwards.

It sucks. It really does.

Honey & Yoga sounds like we are in the same/ very similar boat. I feel like I now become a conveyancing expert (actually know more than the EA ). Will talk to the seller tmr, hopefully we can get assurance that they are indeed will move pre-christmast and not trying to delay anything.
Finally after a week chasing the seller's solicitor, they sent over the initial documents over to our solicitor (they used the old purchases form, most of them are still the same, dated in August, so not sure how our solicitor feel about it). . I only worry about the conservatory, it seems that it was built or extended before the current seller' time, so not sure if they are applicable with the building regulation. .
Anyway, valuation done today, so will call our lender Monday to get the mortgage offer sent out(last time they didn't do anything until we called them).
Our purchases questionaries also arrived today, will fill in and drop it back to the solicitor Monday.
Searches submitted 2 days ago, solicitor said will be returned back within 2 weeks, so just have to wait.
Fingers crossed that no major questions from our solicitor that cannot be resolved quickly, we will know Tuesday, because I think our solicitor is aware that if these questions are not done by COB Monday, she will hear phone calls from me in the morning and @3pm to check if it is done, and one more from DH if I'm not sure what is going on .

Frescoed we already have sold and gone into rented - our buyer pulled out and we clawed them back by exchanging within a few days not knowing where we would go and we soon sorted a short term rental

we move in there on Monday

we have given this process commitment and cash and our vendors just don't seem willing to do that

they also turned down our offer 8 weeks ago to pay their rental costs if they exchanged by 1st dec. They sooo should have taken that offer. Twats.

Lazy thanks for the advice... I expect we will hear today but if not we'll email/leave messages (presuming their EA will continue to dodge us) giving a deadline for response

Oh gosh Lubey, that’s ridiculous - they know you’re already out on a limb, they could at least have some courtesy and let you know where they stand. Fx you get some kind of response today, you must be despairing by now. Hope the packing for moving to rental is going ok.

Wow MrsPuss that sounds stressful but so exciting too. You could be in your new house on Thursday!

Zoe can't believe how much your process has moved in such a short period of time. Surely there won't be anything major from the searches if their old buyers were willing to continue after them and sale fell through about something else. Fx it all keeps moving fast.

Lazy and lubey two years?!?!?! They must be mad. After that amount of time I'd be saying yes to any even totally unreasonable requests and give my other kidney as well as any fittings my buyers wanted. This whole process just shows how some people are just a completely different species from the rest of us.. keeping my fx lubey anyways for some good news today. What's the point of selling in the first place just to mess people about. They must be losing a lot of money too.

"Honey* our valuation to mortgage offer was pretty quick and we had a lot of issues with me being on temporary contract so fx it should be fast for you!

Yoga I'm cracking up more than feeling superhuman. My application for training has deadline on Thursday and appraisal the week after. Supposed to be filling forms and doing all sorts of patient feedback questionnaire and quality improvement projects but all I can think about is like you.. whether to start dismantling the bunk bed and packing up kids room.. they never sleep in there anyway. DH still doesn't want to though in case it falls through. With my family coming for Christmas we wouldn't have anywhere to sleep..

*Frescoed" hope your solicitor gets a better response and can reassure your buyers too. Not what you needed now!

Viewings tomorrow. Praying that one of them is suitable!!

Fx for a lovely home with motivated vendors and a sensible estate agent coming your way Lazy.

Loft conversion and extension turn out to have no planning. It’s out of the 4 year period when the council could get you to knock them down but will our lender mind? Anyone know?

Not sure Egre but your solicitor should be advising you on this. Basically if they don't have planning then they can't 'count' these things as adding value if it turns out that they should have had permission. The crucial issue is whether it was needed or not. If it was needed then this is a factor your lender is likely to be bothered about, simply because they can't inflate the value of the property if the work they have done wasn't legal. If it turns out that they did need planning then the most sensible course of action would be for them to apply for retrospective approval.

Tread very carefully - because if you might ever need to sell again in the future then the lack of planning permission could make things very difficult. In your shoes I would insist they get retrospective approval for the work they have had done - and if it's not approved, or they aren't willing to do so, then I would be playing hardball on the price. A 4 bed that's actually only a 3 bed if the 4th is a loft extension that doesn't have permission, should come cheaper.

OK need advice -

Would you be put off by a busy main road at the bottom of your garden? There's a substantial verge and the house is higher up - so you aren't at road level. You can't see the road because there's lots of trees and hedging, but you can still hear some of the 'whoosh' of traffic.

Maybe not put off so much if it's at the end of the garden. We currently live in a house which is on a mediumly busy road, but we're on an access road on a level above the actual road (if that makes sense) and we have a verge, screening of trees, the access road then our front garden. Whilst there's a bit of noise, it is muffled and you don't get the physical sense of traffic in the same way. New house (we hope!) is on a B road which I think might be busy at rush hour, but not so much during the day. You might find you could fortify the sound block of your hedging a bit? I think level changes do help too. How did you feel when you stood in the garden yesterday?

It was OK. The garden itself is lovely and a really good size. You can hear the traffic but you don't have to shout or anything - it's just there as background noise. You can't see it and I think there are probably some other things we can do to help reduce the noise even further, but it's unlikely that we'll be able to get rid of it entirely.

I'm inclined to go for it, on the basis that the house is a good size as is the garden. I'm not convinced it would be our forever home, so I have my eye on the resale value - simply because the area isn't the one that we really want (nothing fundamentally wrong with it, it's just not where we want to be ultimately). But if the garden was completely secure (which it would be) and the plot was a good size and completely private and not overlooked, then I'd hope that those would be positives which would counteract the background traffic noise.

That was probably a very long-winded way of saying that if you were sitting outside you wouldn't be listening to birdsong, but nor would you have to have ear defenders on!!

I think I'd probably take a similar view about noise/space etc. My immediate next door neighbour is moving shortly to a house around the corner, on an extremely busy road - they have a couple of small children, and I think probably they've picked a house which I wouldn't due to the road, but I think there are degrees of 'interference' as it were and if it's not very visible that would make a big difference to me. Sounds like it might be worth considering seriously!

I'm waiting on tenterhooks here, I suspect what will happen today will actually be a fat lot of nothing, which leaves me nowhere as I'll have to cancel the removal guys, through myself on the mercy/availability of my little lad's current nursery and hope that the buyer isn't too put off. Right now, I would give a lot for any kind of certainty, even if it means this is all going to take another few days or weeks.