Anyone else cutting it fine with Stamp Duty...?!

[Whattodo121]

Sold our house in October, found a house, got mortgage approved in early November, then our sale fell through. Managed to find another buyer by mid November. All seemed to be moving forward and then we’ve hit some paperwork delays now right prior to exchange - (someone lower down the chain requires another survey, obv they’re very busy so will take another week) and getting very nervous about meeting deadline as we’ll have to find another £15k if it doesn’t go ahead before 31st March. We will be able to ‘find’ the money, but am worried the chain will just collapse if we don’t hit the deadline. Anyone else in the same boat?!

[catwithflowers]

How are you getting on Whattodo121? Any joy? 🙈

[Whattodo121]

Now we’re getting pressure from the top of the chain - they’re threatening to pull out 🤦‍♀️😬 I basically feel on the edge of a panic attack. However we’ve now got three viewings booked on ours so let’s hope one of them puts an offer in. If we lose the house we’re hoping to be buy then sod it we’ll pocket the equity temporarily and move into rented so we can pounce when we see the house we like, even though we’ll then lose the stamp duty holiday. It is good news it’s been extended tho

[catwithflowers]

Four months, sorry 🙈

[catwithflowers]

@Whattodo121 that gives you almost three months. Really hoping you have some good news soon 🙏🏻

[catwithflowers]

YES!!! Its official! 😃

[catwithflowers]

Anxiously awaiting Rishi Sunak's announcement at 12.30. I know we are all pretty sure about the SDLT holiday extension now but I need to hear it from the man himself 😬

[catwithflowers]

@Whattodo121 Very best of luck. I really feel for you. Buying and selling is extremely stressful anyway without last minute major hassle ☹️. Everything crossed for your viewings today 🍀

[HumourReplacementTherapy]

Oh no @Whattodo121
I'm so sorry. Fingers crossed, it's a sellers market and I'm sure you'll get an offer quickly.

[Whattodo121]

The house below us in the chain had some historical subsidence issues, and they were being exceptionally obstructive to the people trying to buy it! Wouldn’t allow access for surveys etc etc, the buyers for that house have understandably had enough, so our buyers have now pulled out. Our vendors have agreed to wait for us as long as stamp duty deadline extended. We’ve got two viewings today so am cleaning like a demon as obviously house in chaos as we thought we were moving next week 🤦‍♀️ We are half packed/boxes and crap everywhere

[Tartyflette]

So sorry Whattodo121.

[catwithflowers]

Where were you in the chain and how many people are in it?

[catwithflowers]

@Whattodo121 ☹️☹️☹️. Really sorry to hear this.

[Finallygrowingup]

Oh no virtual hugs surely some reform is necessary to prevent this!

[Whattodo121]

AND OUR CHAIN HAS COLLAPSED TODAY AND WE HAVE HAD TO PUT OUR HOUSE BACK ON RIGHTMOVE.

Beyond gutted 😞

[catwithflowers]

@HumourReplacementTherapy 😂😂😂 🍀 🍀🍀

[HumourReplacementTherapy]

@catwithflowers

Exciting news! We have sold a house and bought a house today 😂😂. After our buyers pulling out last Wednesday, the house went straight back on the market, loads of viewings and a really good offer, better than the one we lost, has been accepted.

And after our flaky sellers took their house off the market weeks before exchange, a few days ago we viewed a different house which we love, offered this morning and within hours our offer was accepted!!! No onward chain!

So all in all a great, if rather expensive day 🎉😂

Whoop!
Excellent news!
Now come and rub some of your good luck off on me!

[DespairingHomeowner]

@catwithflowers: what a day you’ve had, very pleased for you!

[catwithflowers]

Exciting news! We have sold a house and bought a house today 😂😂. After our buyers pulling out last Wednesday, the house went straight back on the market, loads of viewings and a really good offer, better than the one we lost, has been accepted.

And after our flaky sellers took their house off the market weeks before exchange, a few days ago we viewed a different house which we love, offered this morning and within hours our offer was accepted!!! No onward chain!

So all in all a great, if rather expensive day 🎉😂

[catwithflowers]

@DespairingHomeowner @floofycroissant ❤️. Thank you! Let's see what the next few days bring!

[DespairingHomeowner]

@catwithflowers - I agree with PP, it’s a bonus. If I’m buying and you look packed up and ready to go it makes me breathe easy!

It’s a horrible thing you’ve been through but with a broken chain at least I know that you’ve done some of your process and are personally committed to moving (or you’d have just given up)

[floofycroissant]

Don't kill yourself Catwithflowers for the viewings, the buying market is brutal atm and I'm sure anyone trying to buy right now will be understanding of your circumstances if you're open and honest. If they're anything like I was they'll just be glad they've managed to get a viewing before it's sold and won't care about boxes. It even makes you look keen to get moving - only a good thing!

[SeasonFinale]

Yes it is being reported in the Law Society Gazette that it will be announced that it is being extended to the 30 June.

www.lawgazette.co.uk/news/rishi-sunak-to-extend-stamp-duty-holiday/5107549.article

[SparkysMagicPiano]

news.sky.com/story/amp/stamp-duty-holiday-to-be-extended-until-end-of-june-as-think-tank-calls-for-the-tax-to-be-scrapped-altogether-12227369?fbclid=IwAR28WL33WRdOzImY80jPTuqOrmxA1ymqqEldJb-Skt6cFI-mBFfEr4QDA-s

[dotdotdotdash]

Nightmare @catwithflowers! I'm sure you'll find a buyer. They will look past a few boxes I'm sure.

I want to stick to the same time frame as pre-announcement and hoping our buyers will do the same. At least if we slip a couple of days it's not going to cost ££££

[catwithflowers]

Agghhhhh. This news is a blessing and a curse. 🙈. Now our buyers have pulled out as they have found something they prefer and realise they can complete within the new time frame. Am feeling super stressed and really fed up today.

Our property is now back on the market and the good news is we have five viewings lined up over the next few days. The bad news is I have so much to clean and tidy away before tomorrow tea time. All the stuff we had cleared out of the garage and boxed up and dumped in various bedrooms waiting for charity shops to open again, another bedroom full of art work from the house we sold before Christmas, the conservatory full of piles of books the kids decided they wanted to keep but didn't actually take with them 😩😩