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

@WBWIFE
Crossing everything for you, so you get to enjoy that holiday, keep us updated

We completed today such a relief
Have been trying to chivvy on the chain this week but think the estate agents are just blowing hot air. We need to complete within less than a month and have sent all of our dates through but not getting much back.
Going to measure up next weekend so if no progress by then we will ask our vendors in person to break the chain. Think it will sound more persuasive if our solicitor already holds our deposit.

Congrats @Smart123 and great news @TiddleTaddleTat!

@BridgetJonesDaiquiri I've always had offers responded to almost straight away. Taking that long I would worry that they would mess you about further into the process.

@Minnie881 congratulations on a complete chain again. Hopefully things move fast for you. I've instructed our conveyancer while we wait for our mortgage application to go through. I have no clue should I have waited? I've just filled in the starter pack so far and won't move on until we hopefully get our mortgage offer.

@Smart123 Congratulations. Amazing news.

@sandybayley we haven't heard anything about survey yet and it's now three weeks since we accepted an offer 

@WBWIFE I hope you get to exchange soon. I completely get what you mean about wanting to relax on holiday. All I think about is the house. I'm struggling to concentrate at work.

@TiddleTaddleTat Great news.

So we have sent everything over to our broker and he will be getting on with our full mortgage application next week. We are going with Halifax this time, I just hope they are faster than Santander were last time. Nothing from our buyer regarding survey or anything. I'm hoping that they won't be slow at everything. I guess it's maybe just a case of first time buyers and not being too sure of the whole process. I've instructed our conveyancer and completed the starter forms. I just hope that our mortgage is all ok now.

@BeauticianNotMagician81 crossed post as I just replied to your other thread about the quote for a conveyancer.

@Jem01 yes we went with that first highest quote in the end as others recommended them. It's an online one but they aren't far from us.

smart123 congrats, great that a few people on this thread are actually crossing the finishing line!

wbwife we're on a similar timescale, although it sounds like in reality you're probably a good week or so ahead of me - so good luck! After my stressy/hissy fit via the agents at the questions that keep coming (and which are nonsensical) the buyers have promised to exchange by end of next week. Will believe it when I see it, next I reckon they're going to come back and want an electrical survey - they asked if I had done one, although we have a fairly recent extension and full rewiring which is all certified and which they have a copy of - , and I said no I am not doing an electrical survey, so hopefully they were just asking but it's not going to surprise me at all if they come back with wanting to check more things!

There really is nothing coming on the market is there, will it pick up, do people think? My tenancy contract ends in august and I don't want to be stung for more fees, and I'm worried the agents will try and tie me in to another 6 months ? Plus every single month is money coming out of my equity and it's getting quite tight now....With the lack of stock I don't think I'm going to be able to mess around trying to get a discount, when something suitable comes up I'll have to offer close to asking price I think to secure it.

@tootyfruity - god I hope it picks up if we are going to be looking again. I thought the Brexit delay might help but seems not. Maybe post Easter/warmer weather?
I know it’s a first world problem and really not the end of the world in the grand scheme of things but feeling a bit sorry for myself today. Need to snap out of it!

@BeauticianNotMagician81 we are also sorting our mortgage offer pretty much ASAP so I don't think it's too early... we'll be doing searches early next week so just decided not to hang about, hoping our vendor is the same! How long has your chain been complete?

Eeeeeek looks we are completing on Friday! Contracts only arrived here today!!!!!!! Stress levels 100. DH is abroad for a stag do until Sunday pm and baby is in v bad mood. Luckily the removers have got us in and will be here to pack on Thursday. We’ve been asking for this date for ages but had nothing back from our solicitors until the pack arrived this morning saying our vendor wanted this date. Jesus Christ this all better go smoothly now

@Minnie881 our chain has been complete since last Saturday when we found our purchase. We sold two weeks prior to that. I'm just worried at how slow our first time buyers seem to be.

@NewYearNewSocks great news!

@BeauticianNotMagician81 is it definitely the buyers and not the solicitors/estate agents not passing on messages? Sometimes I think it would be so much easier to directly communicate but I see why it is sensible to go through agents. Gets annoying having to prod them to pass on messages though like the chain is complete...

Hope they pull their finger out and get on with everything

@sandybaley that sounds good and reassuring. We've got our purchasers full building survey tomorrow and I'm staying in to supervise. Fingers crossed nothing major comes up but it's an old house so I'm guessing something will. We had our mortgage valuation on our purchase supposedly last Friday but assume all we'll hear is if we get our mortgage offer through. Planning to book a separate survey.

@balalalala - fingers crossed for you.

My only worry is that we have FTB buying our Edwardian terrace (100+ years old). Of course these houses have things to do but it is a constant repair and maintenance job. We accepted a fair price on that basis and will be peeved if they start bartering down.

We expect some issues on the house we're buying but won't play silly beggars because we got a decent price and it's obviously 80+ years old.

Feeling a bit happier today as DH has just booked a lovely summer holiday in Italy so whatever happens we have that to look forward to. No more putting life on hold!

Fingers crossed @sandybayley sounds like we're in a very similar position with ftbs and an old house!

Oh it's so good to see people crossing the finishing lines. For some, this marathon is a piece of cake, for others, it's an ordeal!

We escaped last week and have come back from a week by the sea to no sodding progress. We were given an offer in principle by Natwest and they valued the house, however, it came back that they wouldn't lend the full amount as we're company directors taking dividends. Our broker tried Halifax, and they're the same, they then tried another, and the same. However, she's realised that we can get away with submitting our tax returns now which will provide proof of earnings for this year, and that should be enough to get Natwest to agree. Fingers crossed - I can't take much more of this uncertainty.

In the meantime, it's now nearly three weeks since we accepted the offer on ours, but no sign of a mortgage valuation being done, so not sure how much longer to leave it before chasing it up. They may be having similar issues to us, maybe...?

Let's hope that the coming week or two brings some resolution for us all...

Survey booked for this week and plan to start searches as soon as contracts arrive.... sending out positive vibes to us all! 

@sandybayley I'd echo booking a holiday, something to look forward to at least!

Still ni progress except for the fact I've now involved managers of the conveyancing firm we are using.

Have been told our buyers are holding everything up and havent spoke to their solicitors for 2 weeks on 3 occasions regarding enquiries.

Estate agent called them today and they answered part of the enquiries by telephone and rest by email this evening.

They're updating me tomorrow and treating this as high priority.

Not only is it just me needing gk exchange this week due to holiday, but our vendors vendor will lose their equity release offer and are not sure whether their mortgage can be extended!! This runs out Friday so hopefully their estate agent is now pushing ours too!

@WBWIFE a bit of time pressure should help ! Sending luck!

Our sale has completed, I've transferred deposit funds to solicitor.
We have a very tight timescale because of the eviction notice on where we live. Considered asking to stay longer but I resent paying all this rent and can't do it for more than a month after we complete on the purchase because of doubling mortgage/rent.
Have notified our buyers we need to complete within a couple of weeks or we walk - see if they break the chain

@sandybayley holiday is a great idea. We might book one if we can't get a key undertaking so all the painting and re carpeting can be done without the children in the house.

@LeopardPrintKnickers we also accepted an offer on our house 3 weeks ago and still no survey booked. I've contacted our buyer to make sure they are getting on with things.

@WBWIFE Hopefully you will get answers now and exchange in time.

I'm finding it stressful waiting for other people to give answers already and we are only at the beginning of the process.

No answers yet today, I am not happy!

They said we cannot exchange without speaking to me on the day and that's not a guarantee as I'll be on the other side if the world with a big time difference!

That's very frustrating WBWIFE but we exchanged via email so that should be ok.

@WBWIFE - how frustrating. I hope you get some more encouraging news today.

@BeauticianNotMagician81 - patience is your friend! You're in this for the long haul and it's going to be a stressful process. Having had one chain fall through I'm pretty pessimistic about things working out. That way if it does work out it will be a pleasant surprise.

Had an update from our EA last night. Our buyer's mortgage application is with the underwriter. We've been pushing him to get the finances sorted but he's done everything else first (building survey, searches, initial enquiries from solicitor). Feeling better that it's 'in progress' and that we could have quick movement next week as our mortgage offer and the buyers offer may well come through. Our vendor is pretty sorted as they were close to exchange previously (another chain that fell through).

I think I read somewhere that 40% of accepted offers don't complete. Will see if I can find the source for that.

Thinking of you and crossing everything for you @WBWIFE.
I'm due to complete today, so hopefully the end of the selling process for me..
But I'll be back when I have to go through the buying process 🙄