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Original poster

Sellers/Buyers roll call part 3. Who is still on this treadmill?

999 replies

MovingNextYearHopefully · 03/11/2018 18:28

A slight name change for me, as I'm clearly not moving this year. Hmm Well, I am, but not into the house I'm buying.

Went to the development today, had a chat with the girls in the office & updated them. Hopefully we will be exchanging contracts next week should all go to plan. We found a nice house to rent, but its so bloody expensive I'm petrified! As long as we complete within our 6 month rental contract then all will be well, but if we don't then things will get ridiculously expensive! Confused

OP posts:
MovingThisYearDefinitely · 30/01/2019 21:02

Sounds like its all happening for you alifelessordinary. Enquiries can be minimal & answered quickly, or they can be extensive & take a lot longer. You could hit a stumbling block & need to get further information, indemnity insurance policies etc. Until you get to the stage where everything is back, only then can you look to discuss potential completion dates. Exchange & complete on the same day is nasty & not something I would recommend. Personally the minimum I'd want is a week between. I'd actually make that clear to your solicitor now. With packing the best thing is leaving it till you exchange ideally.

Glad to hear things are progressing for you too Milly. Frustrating how you have to chase chase chase to get anything done. It is worth it though! Hopefully won't be too much longer!

ErickBroch · 30/01/2019 22:16

MovingThisYearDefinitely Offer accepted, then was around 3-4 weeks till seller found somewhere (fine) and then it was Christmas.

THEN the estate agent f**cked up and didn't send the sales memorandum over to our solicitors. We had to chase them for WEEKS and do surprise visits to get them to send it over. They kept blaming admin (Abbotts/Countrywide) Sad

Luckily we still live at home right now, but was still beyond frustrating.

RangerLady · 31/01/2019 04:19

Thanks all! And glad to see there's some movement for others too. We got in before the snow and on our first morning here woke up to a beautiful white garden which the DD enjoyed. The house is a bit cold as only about half the radiators work and we've discovered more work to do when the chimney sweep came and said the flue is a bodge job Hmm. He also told us our fireplace shows the house is 200 years older than we were told and showed us ritual anti witch marks on it- so cool!

For those waiting good luck for the rest of the week!

Berimbolo · 31/01/2019 15:04

Can I join this thread please?
We've found a property after pulling out of the last purchase due to a boundary issue. We're FTB and our vendors are selling as relocating. They couldn't commit to anything until their house was sold, but have said they have a few houses they were interested in.
We've paid the agreement/commitment fee to the estate agent and our solicitor has the funds still from our previous sale. We're going to wait for our seller to have an offer accepted before commencing survey and searches just in case as can't afford to lose money like last time.
Here's hoping all goes well and we are not waiting too long (wishful thinking maybe...)

makingithappen · 31/01/2019 16:47

Need to vent!!! We have been patiently waiting for our vendors, hence the reason I have been quiet on here.

Back story - We are cash buyers in rented, no upper chain just us and the seller. We have let the vendors dictate the timeline as we found the property early in to our 6 months tenancy. At first they said, we don't want to move until after xmas - offer accepted September so worked well. Then they changed it to 1st Feb. Next came end of Feb, by this time we were getting annoyed. We need 1 month between exchange and completion so agreed exchange 28th Jan with completion 28th Feb.

I asked the EA to inform them we needed to exchange by 28th and asked them to move swiftly - this was first week of January. We had contracts signed and deposit with our solicitor over a week ago. They went in to sign on 28th and have now said they won't exchange until they secure a rental, that it might take a week or so but they still want completion on 28th Feb.

I am fed up that they keep leaving everything to the last minute and expecting us to just wait. They are retired, we both work full-time and have 3 kids but still find the time to ensure everything is done swiftly! If we don't exchange soon it is going to start costing us in extra rent 😭

Milly90 · 01/02/2019 07:44

makingithappen that's a nightmare

They sound like absolute jokers you need to get this done and dusted what is their problem!?

Tell them you need to exchange soon to avoid extra charge and then id be seeking reimbursement for rent costs!

MrsPatmore · 01/02/2019 07:47

Maybe threaten to pull out? It doesn't seem like they're serious about selling.

MovingThisYearDefinitely · 01/02/2019 08:42

Sorry, not got time to reply to other posts yet. Just want to say I AM MOVING TODAY! Grin

makingithappen · 01/02/2019 08:53

Yay @MovingThisYearDefinitely

Hope all goes well.xx

hartof · 01/02/2019 09:28

Hope it all goes smoothly @MovingThisYearDefinitely

TiddleTaddleTat · 01/02/2019 10:12

@MovingThisYearDefinitely hope it all goes great and you have a bottle of bubbly nice and cold at the end of it all!

We will be here for some time yet. Sale is 'close to exchange' but dragging on last enquiries. House we liked went to someone else at best and finals - we offered c.5% over asking price and were outbid. Feeling a bit despondent about buying in this area Envy

alifelessordinary · 01/02/2019 10:46

Woohoo!!@movingthisyeardefinitely hope it all goes well and enjoy waking up in your new home tomorrow!

alifelessordinary · 01/02/2019 10:49

@tiddletattletat sorry you didn't get the house you wanted.

Is there anything else out there you may go and have a look at?

We're at that annoying stage of waiting for enquiries to come back. Unfortunately my solicitor seems to be the slowest of the 3 involved, it's like trying to get blood out of
a stone!

LookingOptimistic · 01/02/2019 11:21

@MovingThisYearDefinitely Yey! how exciting.

@TiddleTaddleTat Sorry you didn't get the house, must be a tough market up where you are, hope you find something else soon - do you have any more properties you are looking to view?

@alifelessordinary I am at the last enquiry stage too; my purchase has 5/6 outstanding queries that were not answered properly first time round, but agent and solicitor chasing this up.

My sale is all done though and contracts were sent out to us yesterday to sign as all the buyers enquiries have been answered. Just my buyers buyer to go now as they are selling leasehold flat and waiting for lease pack to arrive for their buyer.

Currently trying to get moving quotes and its a bit of a shock to be honest ._.

alifelessordinary · 01/02/2019 16:48

Well it's amazing how fast solicitors respond to you after you send an email to the managing director to say how unhappy you are with the lack of communication!

Milly90 · 01/02/2019 18:55

Haha alifelessordinary true!!

movingthisyear hope all went well!!

Update from me is good too! Had the contracts through and enquiries form and the enquiries are all very easy for me to answer so that's great! I'll get this filled out tonight and ask my friend to witness us signing the docs tomorow and then send back yo my solicitor on Monday! Yaaay!

makingithappen · 01/02/2019 19:12

We have been promised exchange next week. Watch this space...

Milly90 · 01/02/2019 20:08

makingithappen you might be a bit ahead of me in the process....so if I'm answering the enquiries and then signing the contract and transfers how far am I from exchange...anyone know?

makingithappen · 02/02/2019 08:21

@Milly90 it means you are close but it really depends on the others and their solicitors. Once contracts are signed by all parties you can exchange that day. We signed ours 10 days ago and the sellers 4 days ago but the sellers are waiting for confirmation on their rental. We have to wait until they say go before we exchange. With our house sale there were 3 of us. Only after contracts were signed did the bottom of the chain start drawing down their money for the deposit, this took over a week. Just depends on the readiness of all involved but you are certainly close.

Milly90 · 02/02/2019 09:14

Fab makingithappenthank you so much xx
it's just me and my buyer at the min. The house I'm buying is taking ages to get themselves together so once this is sold ill be moving in with my mum and then move into my new house once that's all sorted!

Kernowgal · 02/02/2019 09:22

Things ticking away here too - a few enquiries from my buyer but nothing too onerous. No news on possible exchange/completion dates yet but I’m hoping end of Feb.

I’ve got quotes for moving and storage so am gradually packing everything up and tidying/chucking out as I go. Not feeling too stressed about it at the moment - famous last words!

LookingOptimistic · 02/02/2019 10:00

Ive had to draw a diagram of our transaction so its clear to my partner where we are and what we are waiting for Smile

I have realised there are 4 houses in the chain; so that's 4 sets of contracts to sign (buyer/seller), i have signed my sales contract and my buyer with sign it and the transfer deed next week so thats one out the way.

I know my buyer and his buyer have each signed the buyer/seller contract for that house. I only have a few enquiriea for house i am buying (this is end of the chain at top) then i expect to sign my buying contract along with our vendor next week or week after.

Only part we are really waiting on is bottom of the chain to receive a leasehold pack for the flat that is being sold, then that set of contracts can be sold also.

So we just keep packing and waiting for it all to come together now.

happychange · 02/02/2019 16:54

We will like to do a full structural survey on the house we are buying, so do you arrange it yourself or use the mortgage companies?

sparkle789 · 02/02/2019 17:57

How did I not know this thread was here? We accepted an offer on ours from ftb 2 weeks ago and had our off accepted the day after. We have instructed solicitors returned the paperwork paid the upfront money and have received our mortgage offer. So I think we have don’t everything we can. I’m so excited we had our house on the market for 5 months and felt like it would never happen!
Anyone who has exchanged how long did it take to get to it? The house we are buying doesn’t have a chain so ims hoping as it’s a small chain it’ll be not too long, although that might be wishful thinking!!

MrsPatmore · 02/02/2019 18:04

We're in the same position too sparklycat although the mortgage valuers haven't been to the prior we're buying yet - chases it so hopefully it will be this week. We have a cash buyer purchasing ours and the house we are buying is chain free as they're moving abroad. I'm booking a full structural survey next week as the house we're buying has had a kitchen extension and the loft opened up (but not as a legal lift). I expect that will take a week or so. We have to exchange by the end of March otherwise our buyer pulls out so when anything comes in, il literally on it and posted back that day by registered post!

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