Hi all,
Currently in the process of buying our first house.
We are first time cash buyers. Our offer was accepted on 2nd of October, nothing then seemed to be happening, so when I chased things up with the EA at the end of October I was told vendors have changed solicitors, so a new memo of sale was sent out. Since then nothing has happened and after regularly getting my solicitor to chase things up, she confirmed today vendors haven't even filled in the 'initial paperwork' for their solicitor so vendors sol can't get started on anything. We have done everything we can up to this stage and are now waiting on draft contract.
I rang the estate agent today basically saying it's coming up to 7 weeks since our offer was accepted and nothing seems to have happened/should we be looking elsewhere/are they serious about selling etc. They said they'd chase up the vendors but I haven't heard anything back from EA yet.
Vendors have had their offer accepted on the place they've found and the people there have said they'd be willing to move into rented if they can't find somewhere - but how long will they look before they decide to go into rented?
It's just so frustrating as we are in a good position being chain free and cash buyers but actually it seems to be no benefit at all. Our vendors don't seem proactive at all regarding paperwork etc and I'm just feeling so fed up with the whole process.
I'm really hoping to exchange mid Jan and have expressed this several times but not hearing anything back. The lack of communication is driving me mad!
We really love the house so I guess we've just got to sit tight but I'm slowly going bonkers and feel like it'll never happen!