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Waiting to exchange.Anyone with me?

999 replies

DumbledoresArmy · 21/03/2018 06:30

So FTB,
Latest update last week was solicitor waiting for an enquiry raised with sellers solicitor & 1 search to come back.
Almost there!!

Anyone else with me?

OP posts:
Itis6oclocksomewhere · 02/07/2018 16:38

Our estate agent is just as bemused as we are. When he last spoke to them, she said that they'd be coming back this week with someone to measure up for new carpets. Completely threw him when they rang and said they were pulling out.
I wish we had a better system for all this too, especially as we've got so far in our past two sales.

Notmorewashing · 02/07/2018 21:01

Sorry to hear about buyers pulling out due to the location how silly!!!

Now I am officially 5 months down the line and still radio silence ! Off on holiday next week and then busy for a lot of August.

How long would you all wait? I’m not urgent urgent critical to move but have a buyer waiting. The only reason I’m still in is due to the amount of effort it’s taken even to get to this point !!!

Housemum · 03/07/2018 09:17

Itis6 that’s shit for you, really hope you get another buyer ASAP. Did they give any reason for pulling out so late?

Housemum · 03/07/2018 09:19

We got our contracts yesterday and I’m dropping them in to solicitors today - was feeling good but reading itis6’s story I’m not so sure! Keeping everything crossed to get to exchange soon. Not had replies to enquiries raised by our sols yet

RyVeeta · 03/07/2018 09:46

Was due to exchange at the end of this week. Buyer has been a bit of a pain. She's had the survey for at least a month and has thrown up lots of spurious reasons to drop the price. It was made very clear at the beginning that I would drop no further. Apparently she was surprised when I told the agent to put the house back on the market yesterday, after the survey threw up thousands of pounds of work. Thousands of pounds of work that only she can see! Damn silly, she's broken a chain, it's cost her money and she'll have to go through the whole mortgage process again. Am hacked off though, this is a messy divorce and I want/need to get away!

MissCherryCakeyBun · 03/07/2018 10:17

RyVeeta some buyers are a pain in the arse.....sounds like she is over stretching herself and is struggling to come up with the offer price, totally absurd. When we offered we made it very clear in the written offer that we knew exactly what we have found as an issue with the property and that's what our offer was based on, the offer was subject to survey but it would have meant underpinning subsidence etc before we would have asked for a reduction. I don't understand breaking a chain by being so bloody selfish as to start asking for large reductions.
I understand about the divorce part it's absolute torture but I promise it does get better.

On the contracts side, we got ours last week and our name and address was badly misspelt and the fixtures lists were incorrect Angry it went back to the solicitors and now waiting on a corrected copy......some sellers chance their luck.....I did not " ask for the large pile of rubble to stay in the garden" ffs Hmm

Itis6oclocksomewhere · 03/07/2018 10:19

Fingers crossed for you Housemum, I hope that all goes smoothly for exchange and completion.

With regards to ours, they just said to the agent that the area wasn't for them anymore.
They've had three viewings, all about an hour long and we know from ex neighbours that they had done at least three or four drive bys.
I think something spooked them on their last drive by. According to the agent they did a drive by this weekend and then they pulled out yesterday. Perhaps kids playing, or people having bbqs and enjoying the sun put them off?

RyVeeta - Brew CakeHope that you manage to get sold soon.

Itis6oclocksomewhere · 03/07/2018 10:21

MissCherryCakeyBun your sellers sound similar to ours. Ours were very surprised that we couldn't make use of the rotten static caravan that was taking up a large part of the garden!

RyVeeta · 03/07/2018 12:16

Thank you! This person has been difficult from the word go, even at one point asking for the sun spots in the garden to be mapped out. No, I'm really not joking! The agent checked the price the surveyor had suggested this morning, and yes, it was the purchase price, so yes, she's obviously got cold feet for some reason. Angry
Thing is, I can't even organise it to take the hit along the line because exdh doesn't want to take the hit either and it has more of an impact on him than me. Somewhat unusually, I think he's being quite reasonable!

Twogirlsonelabrador · 03/07/2018 13:21

Hi everyone
We had offer accepted on 28th May so just over 6 weeks ago. Things going ok so far...we are renting so no chain and seller is buying a new build (which is ready) so hoping it will go ok. One thing im finding frustrating already though is the lack of movement from the sellers solicitor. Ours is chasing everyday, and initial enquiries raised still havent been answered. Ive got the estate agent to chase too. Frustrating when seller is half packed and ready to go,we are ready,mortgage,survey etc all sorted and seems to just be slow solicitor on one side holding things up. I genuinely dont mind if its going to take another 4 weeks or 4 months, but if its the latter I would rather know so I could get a holiday booked for Aug...whereas we are just hanging about in limbo. Anyone have any tips on how to hurry solicitors up??

legolimb · 03/07/2018 17:11

I wish I knew how to hurry things up twogirls.

Ours should be shifting along nicely by now but our solicitors seem quite incommunicative. Picked a local firm in the hope that we'd get a personal service, be kept up to date etc. But no. I definitely won't recommend them to any friends. The estate agents are local too but they are very helpful and always call back etc.

It's so frustrating.

I have lined up quotes from two removal firms. I know we don't have dates yet but it could all happen quickly so may as well be prepared

Housemum · 03/07/2018 17:48

I have no idea what takes so bloody long! We had accepted an offer on ours and had our offer accepted on 15th May, had mortgage application agreed in principle that week and instructed solicitors. By end of that week the people we’re buying from had their offer accepted, and those are moving into a house of someone going into rented - end of chain. Local council here processes searches in 4 working days so I know that didn’t delay anything. We all had surveys done before end of May. Only on Friday last week did our solicitors actually raise enquiries re the place we are buying. Given that we haven’t actually told them that we are now hoping to complete 7th August not 10th July, shouldn’t they have done that a couple of weeks ago? 3 weeks ago they had our instruction and part payment, our mortgAge offer, our survey, local and land reg searches. So how does reviewing the file and raising enquiries take 3 weeks?!?! I went with a local firm in the belief that somewhere I could physically collect/deliver paperwork would help rather than a call centre bunker. Thinking that they probably can’t be bothered with boring house sale/purchase and would rather spend their time on expensive stuff. Maybe the cheap bunkers that do just one job are more efficient!

Twogirlsonelabrador · 03/07/2018 18:01

Its interesting isnt it. Our hold up definitely seems to be the sellers solicitors moving at a snails pace. They are a small firm. I suppose with them if someone goes on holiday the file will just sit there. My solicitor is in a big firm, she went away for a week and her work was immediately covered off who really moved things on in her absence. Think she is annoyed by how slow they are too - but even though she, the estate agents AND the seller are badgering them, they won't get a wriggle on. In all honestly though if they were just honest and said it might take a couple of months or whatever Id be fine with it - its the not knowing...do you start packing (non-essential things) and we havent booked a holiday this year as we assumed we'd be moving in the summer - so I feel like we are just on constant standby.

legolimb · 03/07/2018 18:41

It's the not knowing that is annoying.

I have packed some items already but there is so much more to do.

I was hoping to be moved in and enjoying my fabulous new garden by now. But no. Will probably get there on time for all the autumn slog of leaf picking and getting ready for winter grrrrr

mangocoveredlamb · 03/07/2018 19:50

The limbo is torture.

Apparently our buyers are reviewing the answers to their queries (all five of them) that we responded to a month ago. FFS.

lego I’m a teacher so I suspect we’ll eventually end up moving in approx 3rd September, when I could have spent the holidays unpacking and settling in!

zebrapig · 03/07/2018 22:03

After all the carry on with the mortgage our new lender instructed the survey today. The old lender would only have done this last Weds/Thurs so we're only a few days behind where we were. Just frustrating that if we'd have gone this route in the first place this would have been 3 weeks ago.

I'm getting removal quotes this week as I think things will all come together quite quickly over the next couple of weeks. We go on holiday at the end of the month ( even booked since October) so I'm hoping we can exchange before we go and complete when we get back.

PleaseSell2018 · 03/07/2018 22:11

The limbo is torture

Yes! I am hoping we can exchange by Friday but I don't even really believe it. We are a chain free, just us selling to our buyers. 10 weeks and still not exchanged 😖

hopeful31yrs · 03/07/2018 22:15

Also waiting to exchange - was supposedly to last Friday but the mortgage only got released late in the day. Find out yesterday that our buyer hasn't done the paperwork at the point of completion. Exceptionally annoyed by our solicitor that we are now paying our mortgage (after the grace period) because everyone thought it was a done deal.

Ours should have been an easy job - cash buyer one end and we're buying off the developer. Mortgage agreed weeks ago. Angry

kizkiz · 03/07/2018 23:51

Emailed my solicitor asking if we were ready to talk dates yet and got two queries from our buyers instead. Lol
I confirmed that I am more than happy to pay 1/6th of £5 to cover the ground rent since it was last paid Grin (it's ten whole pound a year, and they are querying who will pay the second half)
Pretty sure I had to answer about major works due on a form somewhere, but they've asked again.
Hopefully no more questions to come

RiddleyW · 04/07/2018 06:18

I feel all your pain! We’re in a really long chain and it just feels impossible that this will go through.

LIVIA999 · 04/07/2018 11:58

Our buyer pulled out today. She couldn't get the mortgage.
Ugh ugh ugh.
She knew a week ago at least but didn't have time to let us know until today.
So back on market-
In most people's experiences when your buyer pulls out and you've put an offer on a house do people you are buying from put house back on market too?

MissCherryCakeyBun · 04/07/2018 12:03

Livia sending big big hugs. I don't have experience of this from a chain point of view, but we put an offer in on our house 2 days after it come back on the market after a similar problem. Don't give up hope xx

GinUnicorn · 04/07/2018 12:05

So sorry Livia - our buyer pulled out too although he wasted 8 weeks of our time first. It’s really crap. Hopefully we will bith find better buyers soon Flowers

LIVIA999 · 04/07/2018 12:24

Thanks guys @GinUnicorn and @MissCherryCakeyBun
I'm really appreciating this support group!
Smile hopefully we get another offer soon!

RiddleyW · 04/07/2018 13:00

Oh Livia that’s so shit.

Our buyer’s buyer pulled out and we hung on for them so hopefully your sellers will too. Fingers crossed.