Buyers sellers roll call 11

[kerrymucklowe2020]

Here's the new ( last one for us eh @zebrahooves?)

We are still chasing that completion date of this Friday. Our solicitor put in a request yesterday afternoon to our bank to draw down on the mortgage for Friday. She won't commit to exchanging until our bank can confirm that Friday is ok. I have read elsewhere about people checking with their banks too to ensure the funds will be released for Friday. We are cutting it fine but we really don't want to spend another weekend in a hotel.

@Notyetthere most lenders would be fine releasing funds for Friday if requested on a Tuesday so hopefully you should be OK good luck!

@Jedstre That is one of the exact reasons we are still in a hotel. Our mortgage offer came with the wrong address and our solicitor wasn't about to send the deed to land registry.

[quote Jujuball]@Notyetthere most lenders would be fine releasing funds for Friday if requested on a Tuesday so hopefully you should be OK good luck! [/quote]
Thank you for the re-assurance. We have also spoken to our bank who have confirmed that Friday should be ok. However, we now don't know how our solicitor would have made the enquiry; whether she actually requested to have funds released for friday or just asked the question. I really hate this limbo and I don't want to look ignorant asking our solicitor what happens next. Like others we worry about questions being asked.

Hello there, I’m still at the valuation stage. The in-person valuation happen Friday morning. Waiting and hoping that there are no major issues. I would hate to have to walk away if they value it significantly less and the seller behaves greedily.

Just had a phonecall from EA gently prompting us to respond to our buyers' queries via solicitor - we submitted them over a week ago to our solicitor, a day after the queries came through! So annoyed! DH spoke to her today and she has now sent them through. We went for a more expensive conveyancer to try and mitigate this kind of thing

We've finally completed - just going to pick the keys up now.

Good luck to everyone else.

🥳 congratulations!

Great news!!

Congrats!

Congratulations @Zebrahooves. @Notyetthere it must be stressful being in a hotel. I’m now trying to establish if the sellers of the property we are buying are actually going to move out to tie in with the proposed completion date (set more than 6 weeks ago to try and tie in with half term). They are also buying a property but have always said they would move out into ‘temporary accommodation’. Now we’re getting closer I’m not confident they will. Anyone else been in this situation? Any advice?

Can I join?

We have FTB - us - vendor who is moving into rented.

The FTB has initiated searches & has had a mortgage offer.

Our valuation was messed up so it’s being redone on Thursday this week. We haven’t instructed searches yet.

So we’re at the very beginning still...

Buyer is pushing for Xmas completion (as if that’ll happen!!)

@jedstre unfortunately my cynical side thinks that the promise of 'moving into rented' is the modern day equivalent of 'the cheque is in the post'.

Indeed @ElinoristhenewEnid. I can’t do anymore, you have to take people at their word and I’ll do how things progress this week.....

Congratulations @zebrahooves !

Congratulations!

Just remind me @Zebrahooves, how many weeks did it take you from chain complete to completion?

Confused. The form our solicitor sent out at the beginning stated that searches fees would be £400. We paid this at least a week ago. They email us today saying instead of the initial £300 (huh??) quoted, it would be £340-something. We email back asking to clarify if this is additional or if we've already covered it.

I hope they don't spend days looking into this now and delaying the searches. 🤦‍♀️

can I join please? I posted once I think - but didn't feel I could join as I was just on the market. Now we have an offer on our house and are accepting it! (I am now shitting myself!)

I don't have a house to move into!! Nothing available in my price range for the moment. How do I find something nice, that I don't regret?

@Pepperwand Thank you for the positive thoughts - yes it only takes one person! Had another viewing today, didn't cause too much upheaval as it was mid afternoon so no need to clean at the crack of dawn!

@WhereOnEarthDoIStart I don't know what's worse - no offers but you've found somewhere you would love to move to (our situation) or the position you're in! Actually I think I would rather be under offer - at least it means someone likes your house !

Congratulations!

Congratulations @Zebrahooves!

Our new buyers came round to view again today, they've already had a mortgage valuation done and we are awaiting their searches coming back, I'm really hoping things progress quickly now.

Thought they arrived hours earlier however. It was actually someone carrying out the mortgage valuation for the previous buyers who dropped out over two weeks ago (after going awol). Clearly they couldn't be bothered to inform the lender just as they couldn't be bothered to tell us they'd changed their minds. Such time wasters. Luckily new buyers are faster at sorting their mortgage than the old ones would have been.

Congratulations @Zebrahooves! Another one done on this thread

Thanks all. Good luck with your sales and purchases.

We have a race against time now to clean, recapped, paint and spruce up before our rental finishes.

@kerrymucklowe2020 we had moved into rented after selling our house. We were buying a chain free, empty house, so the shortest chain you could have. It has taken 16.5 weeks and that's only down to the estate agent pushing things along.

Hello everyone. Delurking to join the club.
Just to prove the cynics wrong, not all vendors who offer to go into rented are swinging the lead.
We are about to move into rented to sell to buyers who have also been living in rented since they sold a year ago. We are moving area so relying on a relative to do initial viewings with the letting agent. We will then do a flying visit to seal the deal when we've secured something. We are all pretty much ready to exchange this week so we just need to get the timings in sync. We can vacate a bit before completion to avoid the rush.
My biggest fear at the moment is the damn virus. What if there's a circuit breaker. We are moving from a tier 1 (that might soon be a 2), to a tier 2 (that might soon be a 3). Genuinely worried that we might get caught in the crossfire of a worsening situation.
We just want to get moved and bunker down. We probably won't be looking to buy until next year as we need to make location decisions and we think the froth will come off the market in 2021.
Ours should be a straight forward move but it is still stressful so I feel for all of you with multi layered complications.