Buyers Sellers Roll Call - 13

[lachy]

Staring a new thread!

Come and say hi 👋

@LopsidedWombat It’s been a month now. Never having done this before we don’t know what’s ‘normal’ or not!
We though it would be the fact that we aren’t getting the majority of our deposit until mid Jan that would hold everything up but it looks likes it will be the vendors!! Mortgage app seems to be progressing at a pace so fingers crossed we’ll get a mortgage offer before Xmas!

@BrieAndChilli we were very lucky with our mortgage offer as got it within the first ten days! In the same position but most of what I have read online suggests that the contract pack should be returned within first couple of weeks and although we are only in week three I am a bit antsy as there is no chain and the vendor told me personally that they aren't wanting to hang about so I've been very proactive and now reached the point that there's nothing else that can be done from this end. I just want to hear something that let's us know that they're getting on with things, especially now that we have paid out almost £1000. The suspense is killing me

Well I'm in. In on Friday unlike the poor next bit of the chain who didn't get the go ahead on Friday. The delay was the money up the chain, I also suspect their Solicitor was a bit slow.
We have a lot of chaos. But the cats have begun to emerge, although still nervous in case strange people are about to appear.
Everything still chaos here, but getting there.
Even better I should be having my op the week after this, which will be perfect timing.

Still hanging around here. Due to exchange this week with a completion date 5/01. I can't take much more of this!

We are week 7 and the buyers solicitor has only just applied for searches!! Once the searches come back what is the next stage? We have just found our dream house and had our offer accepted so want things to get moving... Like everyone does!

For us the buyers searches were the last thing, mortgage done, survey done, questions from contract pack done so they said we should be able to exchange very soon after.

The searches also came back much quicker than expected - we expected them mid Jan and came back early Dec, ordered end November.

Our searches came back within a week so that was surprisingly quick, once they are back, its a question of the solicitors checking the information and raising and answering enquiries. We had to confirm a couple of things, but they were relatively straightforward.

Ir will depend upon what comes out of the searches and how quickly everyone responds, but bear in mind that everything is much slower because of the stamp duty holiday.

We are having so much bad luck at the moment.

We are completing on Friday and now my son is self isolating due to someone in his class testing positive.

It won't delay it as he is self isolating at my parents, where we are living. DH and I will go back to the house on Thursday to sort out the removals, assuming none of us come down with symptoms. It's only him that has to isolate so it should all be ok. If any us come down with symptoms then I think my in laws will sort out the move for us and we will have to stay inside. It is all so complicated! We also have to really try to stay away from my parents just in case...

@Seaswims seven weeks! It's reading things like this that makes me nervous of what's around the corner. That must be incredibly frustrating, especially if you had assumed they were already underway.

@lopsidedwombat he is a cash buyer with a first time buyer purchasing his house, so we thought it would be pretty straight forward. It is feeling very slow. The plan is to move in with my parents until we find somewhere but now we have I'm wanting it to hurry up!! We've been told completion by the end of Jan/ first week of Feb now.

@Seaswims I wonder if being a cash buyer has given him the confidence to take his time! I thought we'd be zooming along as no chain but as we enter week four with no word from the vendors side I think I was possibly being naive

Unfortunately our offer was a "cash" offer, who then half way through decided to mortgage the property after all. Hence 5 months later we're still waiting.

@thewinehasgonetomyhead 5 months!!! Oh dear lord, how are your nerves??

Five months I don't understand why there's not something in place to minimise the amount of messing people around that clearly goes on

My nerves are totally shredded. We accepted the offer back in July from a "cash" buyer. We've been strung along for months but backed into a corner as we didn't want to start all over again! Due to exchange this week with completion 5/01. Please keep all your fingers and toes crossed for me! I've nearly had a nervous breakdown from this. If it wasn't for my DDs keeping me busy and giving me something else to focus on I think it would have swallowed me up!

@thewinehasgonetomyhead ahh make sure you keep us updated!! The end is in sight, will keep everything crossed for you!

Our buyer said she was a cash buyer on 2 July, she then said she needed a small mortgage and to wait for her exh house sake to complete to give her the cash. We're now on week 22 or 23 and will complete on 5th January. It's been a long and painful process.

@Seaswims thanks! How are things with yours?

@unicornparty same date as us! Have you exchanged yet? I have my fingers crossed for you too.

I've spent the day filling in forms and answering queries from the buyer's solicitor. My ex, it transpires, did not get building regs sign off on the conservatory/kitchen extension, and there were unresolved issues, so what should have been a simple sale is getting complicated.

I just feel sick. I've been divorced 12 yrs - I never wanted the bloody extension, it was his 'project', I should have left with the dc and given him the bloody house and moved on, but I thought it would be best for the kids if we stayed. We had an "amicable" divorce so the house was just signed over to me as part of the deal, no shit hot lawyer watching my back. Fuck.

I find legal stuff really stressful anyway - FFS I'm an adult who had a really responsible and stressful job but it took me 2 days to open the bloody emails and I agonise over the answers - my ex just sails through these things, legal stuff doesn't bother him at all.

I know I need to pull up my big girl pants and just deal with it, why on earth am I so stressed by it?

trying hard not crack open the again tonight .....

@Lifegavemelemons it's so unfair when an ex leaves you with a mess like that to sort out. Will it be very complicated to sort out seeing as it was so long ago?

I don't know @LopsidedWombat - the ex says you just buy an indemnity policy - but that just indemnifies you against the LA coming after you, it doesn't say anything about the quality of the work. Now it was done by reputable local builders, who are still in business - but it depends whether the buyer is happy with that. Their solicitor is certainty not happy - but I know it's their job not to be. It's just the last thing I need.

@Lifegavemelemons

I don't know *@LopsidedWombat* - the ex says you just buy an indemnity policy - but that just indemnifies you against the LA coming after you, it doesn't say anything about the quality of the work. Now it was done by reputable local builders, who are still in business - but it depends whether the buyer is happy with that. Their solicitor is certainty not happy - but I know it's their job not to be. It's just the last thing I need.

When was it done? You can put in for regularisation, which might no be too difficult if inspections were done but just the sign off was missed. If there were issues with the build though it would need to be rectified. Depending on the size of the extension some buyers might be willing to accept indemnity. They might try to negotiate on the purchase price though in the event the extension needs taking down.

Today is the day! Good luck @jujuball I hope we’ll both be settled on our respective sofas with a glass of wine before the day is out

Good luck everyone for today!