Sellers/Buyers Roll Call No 5...,

[sandybayley]

Starting new thread. Calling all the regulars...
@TiddleTaddleTat
@WBWIFE
@Allhallowseve
@BeauticianNotMagician81
@crispysausagerolls
@dimmu
@Fleabag123
@Farontothemaddingcrowd
@Frogqueen13
@Glitteryfrog
@MrsPatmore
@Smart123

@Violetroselily thanks for asking. We were meant to have two viewings but...

First man turned up, seemed to like it apparently, initial feedback was very nicely presented, ideal location for him.

Second man, despite confirming with EA didn't turn up. 🙄

Fingers crossed re. first man. 🤞🏻

@mildura thanks, was a mistype, I meant completion. Fingers crossed things will actually be good a little before that but because no one in the chain has mentioned dates yet, we thought we may as well mention one that suits us! On our purchase, I'm expecting us to be ready to exchange by the end of this week, maybe into next.

Happy Monday everyone.

Still in limbo as we wait for the Court Hearing next week. It's make or break as if nothing happens I'm pretty sure we'll lose our buyer as there is nothing else we're interested in.

DH and I had a huge row about his unwillingness to go into rented but he won't budge so it all rests on what happens next week.

I am resigned to it not working out but still furious at that we have been caught up in the middle of this stupidity.

But good news - my Mums lump 'requires no further investigation' and DS1 looks on course for excellent predicted A Level grades. These are the important things!

@sandybayley absolutely they are the important things and really pleased for you, it's another worry that you just don't need.

Hoping next week brings your closure. I guess I get the going into rented thing, I'd considered it but when I chatted it through with my DH, and really thought about the implications for our toddler it was a no too. It is hard when there is so little to entice you though. Really hoping next week brings you some good news. Quite a few of the houses we looked at were off the back of a divorce and even in the viewings it was obvious how difficult it may be between parties. So unfair on everyone else in the chain though.

Hi! Thought I'd join in to get a bit of knowledge from the experienced folk, and potential timeframes.

Partner and I are buying a house together, no chain behind us ( our individual properties have been rented out/ going on sale in a separate transaction to help time frames.

We found a house in March, and the vendor was willing to wait for us to get to a certain point with our renovation, while she house hunted. She has now found a house that is also chain free and currently empty, so we are in a chain of 3- us-her-her sellers.

We agreed to push on with everything at the end of May, and got a new AIP.

03/06 we did the full application with our broker, he took all of our paperwork, etc.
We also appointed out conveyencer on that day, local solicitors with a family tie. They sent our forms to sign and deposit to pay next day.

10/06 The estate agent called us and updated the system with our details (purple bricks). Purple bricks is also the agent for the other house, although not the same individual. Our seller is using a local solicitor, the top is using purple bricks conveyancing team. The EA said that if anyone, they would be the hold up.

13/06 Solicitor has received the sellers pack when checked on, said the searches should be back at any time soon. Our seller is checking with her solicitors today.

21/06 Valuer for our purchase has been booked in

We've heard nothing personally from bank (Yorkshire building society/ accord), but they have been in touch with the broker to question various items- nothing out of the ordinary, he says.

We are both pushing for a very quick sale if possible- I'm 27 weeks pregnant and in limbo until we move, seller works in a school and would like school hols. The end of July would be ideal.

What are we waiting for next, and what problems could occur? We're not having a full survey, FIL is an experienced builder and is happy with everything. House does have an extension above a car port, she doesn't have building regs certs but bought the house with this in situ about 15 years ago. House also has solar panels.

I know it's a how long is a piece of string question, but would it be possible to complete about 6 weeks from now? And any ideas what we can do to speed things up?

@sandybayley I feel for you. That is what causes the stress when you are at the mercy of other people. Hope your buyer hangs on and you get news next week. Glad your mum is OK

Sorry to hear that about your purchase Sandy but good news on your Mum

Solicitors called this morning, I'm going in to pick up the paperwork in a little while as all good to go!

Hi everyone,

So..... house has been on the market for almost a week and we have had two viewings. One buy to let, who really liked it, but went in 5k lower than we can accept, although it wasn't an official offer and another who really liked it, but then put in an offer an another house the next morning. So both out.

They have had NO other interest. No enquiries at all, so where are all these buyers who were apparently desperate for our house?

I spoke to a member of staff who I deal with the most and said we were concerned we're not getting that initial flurry of interest and it goes against what they said to us and she said she "can't force people through the door". Well, of course not, but as I say, where have these people gone?!

Would you be concerned?

sandy, glad to read your mum is ok.

@balalalala I hope you manage to get a date sorted soon.

@seaorrell I hope you get a date soon as well. Is everything done now for you? Enquiries all back etc.

@Fleabag123 it shouldn't be too long for you now. I know it's dragged out but the end goal is in sight for you.

@Neron I would start looking at what you want. We have already been around furniture shops and chosen what we want. We don't have any of it yet but I have a list of what I would like. I've also ordered all the paint as we are hoping to do a key undertaking and get some decorating done.

@LeopardPrintKnickers any news from your vendors regarding their rental. I have worried that our buyers may be the same with a lack of urgency as I don't think they have handed in their rental notice yet. Which I guess is fine as we haven't exchanged but I don't want to have to wait another month.

@billysboy That's about standard for searches I think. Things are moving along well for you.

@Minnie881 I hate the weekends too. We have started clearing and packing. Our buyers want some furniture so I'm not doing too much as they want to come over and have a look so I need a tidy house.

@maggycool Good luck. Hopefully you will also get some more viewings.

@sandybayley I'm so pleased that your mum is ok and how exciting about DS. I think you are right to prepare yourself for the worse but your buyers might be willing to wait if it's their dream house.

@KnobJockey contracts and transfers need to be signed and you will get a fixtures and fittings list. Once the searches are back it's on to enquiries. We are into week 8 now and just waiting on enquiries. The process usually takes on average 12 weeks but can be much shorter or much longer it's impossible to say.

@alwaysadouble I wouldn't worry yet. A week is nothing. We didn't get an offer until week 5 and then had three to choose from.

So I've called solicitor today. They agreed that hopefully a day can be chosen soon. He's chasing up the two other solicitors in the chain today to see what's going on.

Alas things have turnt out too good to be true. Got the contracts today and there's a 15 page covenants document. Turns out we're not allowed to extend either the bungalow or garage or go up in to the loft which is the main we reason we bought it.
So many restricted things in it so it's truly gutting. Really annoying as the neighbours have done theirs which is why we could see the potential. I also WFH for my day job but also my own business I am growing. We're not allowed to use it for anything other than living in.
Asked the solicitor to clarify but looks like we can't proceed. Fook.

BeauticianNotMagician81. Enquiries done in April. Waiting for buyer to get his Mortgage (6 weeks so far - BTL) My solicitor has thrown out a completion date of 28th June. We will see what buyers solicitor says to that!
He is BTL, so think he is delaying to suit himself

Neron, sorry to hear that, there may be something better out there for you. When we lost our first property we thought we wouldn't find another. However, this one is cheaper and better :)

Hi everyone. We’ve been on the market for a fortnight, a few viewings but no offer. Currently waiting to hear back from a viewing on Saturday.

How long do you generally find it takes between a viewing and getting feedback? It’s so frustrating when people don’t get back for a couple of days.

I hope so @seaorrell I truly do, but I honestly cannot take it anymore. This will be house loss number 6. We got gazumped early this year which was bad enough but we're literally on the brink of exchange with this one. I'm normally upbeat and think it wasn't meant to be, but having trouble right now

@Neron, it is so stressful and upsetting, especially when you are nearly there. It seems a shame if the neighbours have done alterations yet you can't.
@SweetMelodies. I think if they want to offer they would do that the same day (both of ours did) or today, due to the weekend. However, for general feedback the EA may have to chase them up

@Neron - Restrictive Covenants are a worry. The house we're trying to buy has them as did the house we tried to buy before that. The whole area was developed in the 1930s and seems to be covered by them.

Various things had been already done to both houses which are breaches but we were told we could get an indemnity policy. Practically every house in the area has extended in breach of the covenants! We're not planning on further work though.

So it's not necessarily a deal breaker if every other property has already done the work you're planning. Talk to your solicitor for a view. They'll be cautious in writing but may be more candid with you in conversation.

Well I give up. We have started clearing and packing the odd bits. Now our buyer is saying they won't be ready until August. I don't think our vendor will wait so looks like our chain is about to collapse. Jeez why can't people just be ready. All enquiries are answered and sorted for our buyers just 3 left to answer from our vendors now. I think it's all because our FTB don't understand the process and haven't handed in rental notice.

Sorry to hear your news, Beautician - I would have thought it would be totally in your vendors interest to wait as the whole process takes so long anyway, would they really want to go back to square 1? Fingers crossed for you. This whole house buying and selling is a nightmare - so hard to tie it all up to complete sale and purchase on the same date. The whole thing needs a complete overhaul, but I guess there's too many vested interests making huge amounts of money for that to happen.

Well it's official. Our solicitor confirmed all covenants are still in place and we cannot do anything of the things we bought the damn place to do, I.e we're screwed! Really, really tired of this house buying nonsense and now we have to pull out which is going to go down like a lead balloon.
Tired, disheartened and there's nothing else on the market. We're desperate to move and now we out of pocket by a couple of grand for all the fees, searches, surveys etc. How wonder-fucking-ful.
It's ok to cry a bit isn't it...

@Neron - off course it's ok to cry! Allow yourself 24 hours of sadness and then dust yourself off. I do think that sellers of houses with restrictive covenants in place should be upfront with buyers about them. They must have known when they bought the house.

@BeauticianNotMagician81 - it's frustrating but people can and do wait. If you could exchange at lest your buyers would have a completion date to focus on. I think people get unsettled when they have uncertainty.

6 days to Court Hearing and counting for us...

Had my first cry this morning too, in the toilets at work. Sick of people asking me how it's going. I know they mean well but every time I'm asked I just get reminded of how nothing is moving on. My solicitor still doesnt have the draft contracts despite the vendor solicitor telling the EA they have been sent last week. I have 8 weeks until I need to move out my rental and I just don't see how that will happen.

I have never felt so frustrated in my life. I dont know what more I can do to try and move it along when no one else has any sense of urgency.

@BeauticianNotMagician81 where is your vendor going? Hopefully they will want to wait rather than start again?

Had quite a day here. I have a long story regarding house sale but to summarise we got offer in Feb, offered on a house then had to pull out due to parking issues. Went for a new build which is ready but paperwork wasn't done before our holiday in April so asked buyers to wait for exchange on our return. When we got home got the devastating news one of our buyers had passed away.
His partner wants to proceed and is currently waiting on matters to be sorted with no idea of timescales.
We began to worry builders would give up on us so kept an eye on the market and found a cheaper property just in case which is a 'corporate' sale. We talked to agent about offers etc and were told company would not accept anything below asking.
Today's post brought all paperwork regarding the new build then an hour later got a call saying the corporate client from other property will take lower offer!
Sorry it's long

@Violetroselily, work have stopped asking me! It is frustrating, I have no doubt people think I should be doing more, but as you say I don't know what.
@Neron, I have had a couple of cries along the way, I agree that sellers should be honest about these things. Hopefully, your buyers will wait.
@BeauticianNotMagician81. Can they insist on everyone waiting that long - surely there should be compromise on the completion date? Would the EA be able to talk to everyone in the chain?

Sounds like you are all having a bit of a hard time of it. We've had some terrible experiences in the past, it's so heartbreaking!

Our sale actually seems to be going ok this time. We only had one viewing and it sold, we are buying a new build. All meant to complete next Friday but no contracts exchanged yet because our buyers solicitor is soooo sloooowwww!!! We are quite heavily invested in it going through next week.. fingers crossed!