Active discussions

Meet the Other Phone. Child-safe in minutes.

Meet the Other Phone.
Child-safe in minutes.

Buy now

Please or to access all these features

Talk
Property/DIY

Join our Property forum for renovation, DIY, and house selling advice.

Original poster

Buyers Sellers Roll Call 15

999 replies

MotherofHeathens · 27/04/2021 09:59

Because we're nearly at the end of the other thread and still inflicting this torture on ourselves...!

OP posts:
savemefromsearches · 16/06/2021 17:30

@Newhousehope @lazyakita

I just emailed my solicitor asking whether we were now in a position to exchange and gave a list of my available dates for both exchange and completion.
Usually they then press the rest of the chain to do the same.

HumourReplacementTherapy · 16/06/2021 19:13

Well 10 months in and it's looking like we will make SDLT deadline GinGinGin
(We were supposed to meet the March one!)
I can't begin to say how stressful its been but unfortunately I've not lost weight! Just my mind!
Good luck everyone. Fingers crossed for those of you hoping to complete by the 30th Smile

ForThePurposesOfTheDIR · 16/06/2021 19:27

New contracts for us due to the price drop

Vendors want to exchange ASAP but don’t know yet when that will be (helpful!)

In the meantime - Virgin Media now out of contract so costing more, energy out of contract so now paying more, and our AST has just expired….

Eastie77 · 16/06/2021 20:52

Where are you in London @Snapemalloy? I put my East London flat up for sale in March and wasn't too hopeful as all the property news said that flat were unpopular due to lockdown and everyone wanting gardens etc. We had 11 views and an offer above asking within a day or listing, I think there is still a market for London flats especially as things start opening up again so if the worst happens and your sale falls through I think you'd find another buyer.

I do understand the feeling of dread that the buyer might drop out and worrying about being stuck. We are also desperate to move (2 DC in a 2 bed) and fingers crossed will Complete by end of June. I'm taking nothing for granted though and won't breathe easily until we've exchanged as our buyer pulled a random stunt last week which was very stressful.

Snapemalloy · 16/06/2021 21:08

SE London. No garden and it's very wee - only 500sq ft.

Snapemalloy · 16/06/2021 21:08

Oh and the offer we accepted was 30k less than we paid for it and 10 grand under asking...

LeafyBamboo · 17/06/2021 06:51

Morning all. I accepted an offer on my house yesterday so can finally join this thread! I'm waiting to hear back on an offer I've made on another house, although need to do more digging into that as it's a Wimpey No Fines construction and seems they're harder to get a mortgage on. I'm a cash buyer (on completion of mine) so it doesn't matter to me now, but I'm just wondering whether it will impact me selling it in the future. Anyone here any experience of buying non standard construction properties?

LemonSwan · 17/06/2021 13:32

New to the thread.

Mortgage offer was reduced by 30k yesterday when it got to the underwriter. AHHHH!

Annoyed.

Going to a broker now. Fingers crossed

WhiteFeministWarMachine · 17/06/2021 13:33

Eek! Fingers crossed.

Paddingtonthebear · 17/06/2021 16:01

Our mortgage valuation came back way under on the house we want to buy so we have gone to another lender and progress is slow. A week to hear anything at all and now two more weeks until the valuation takes place. No idea what will happen next and we are 6 weeks down the line already. Frustrating but I guess everyone is very busy right now.

LemonSwan · 17/06/2021 19:03

Oh dear Paddingtonthebear

This is a nightmare!

Goodluck to you Flowers

goodbyestranger · 18/06/2021 14:18

Can anyone tell me roughly how many questions the buyer's solicitor asked their own solicitor and the contract bundle was lodged/ searches applied for?

goodbyestranger · 18/06/2021 14:21

*after the contract bundle was lodged

savemefromsearches · 18/06/2021 21:07

@goodbyestranger

Can anyone tell me roughly how many questions the buyer's solicitor asked their own solicitor and the contract bundle was lodged/ searches applied for?
Roughly 20 in total. And the same question probably 5 times now. She's f*cking useless.
savemefromsearches · 18/06/2021 21:09

@ForThePurposesOfTheDIR

New contracts for us due to the price drop

Vendors want to exchange ASAP but don’t know yet when that will be (helpful!)

In the meantime - Virgin Media now out of contract so costing more, energy out of contract so now paying more, and our AST has just expired….

@ForThePurposesOfTheDIR

Not sure if this is helpful, but if you re-agree the Virgin contract, you can port your services with you if it's available at the new property.

I would only do this if I was absolutely sure I could take Virgin with me, as otherwise they would charge you the penalty to leave. We are mid contract and have arranged to port from current place to new property with no fuss.

coffeequeenindevon · 18/06/2021 21:21

@goodbyestranger

Can anyone tell me roughly how many questions the buyer's solicitor asked their own solicitor and the contract bundle was lodged/ searches applied for?
I have been asked three times (on top of the property info form which also asks) where the stopcock is. Sheer incompetence. Unique questions? Probably only 7 or 8 but several asked more than once.
ForThePurposesOfTheDIR · 18/06/2021 21:25

@savemefromsearches
Unfortunately no Virgin at the new place otherwise we’d be doing that

savemefromsearches · 18/06/2021 21:34

[quote ForThePurposesOfTheDIR]@savemefromsearches
Unfortunately no Virgin at the new place otherwise we’d be doing that[/quote]
I may or may not have ranted at the customer services agent when they told me they would charge me to cancel in the event they don't offer services at new address Blush

goodbyestranger · 18/06/2021 22:56

Thanks for the responses savemefromsearches and coffeequeen. Yes, I can't quite see why the same question answered clearly needs to be sent back again.... and again. There does seem to be a quite surprising level of incompetence with the legal dealings.

TinyTroubleMaker · 19/06/2021 08:16

Hi can I please join. FTB, on my own doing this. Feeling a bit terrified at the move from renting to owning.

Solicitor is doing searches. Mortgage offer has come through. Via a broker so I have to pay their fee next. Not even sure what happens next or how much time to expect this to take. No complications expected.

Didicat · 19/06/2021 09:54

So update from me, I first joined the threads back in January 2020..... sold last August and moved to rental. Yesterday we exchanged and completion on the 28th June.

Going for a B&Q visit to look at paint colours only 8 more sleeps till we can start decorating!

Cantbebotheredtothinkofaname · 19/06/2021 11:14

So quick update from me - we are hoping to exchange on Monday! We have removals booked in with a completion date of 29th June (yay just before the stamp duty deadline!), our sellers and us are ready to exchange and the buyers solicitor just wants to have one check over the last piece of info received before we exchange but apparently isn’t expecting any major issues. Our solicitor is confident this will come together, I was I were so confident! If we do complete on 29th June this whole process will have taken about 10 weeks to pretty quick at the moment I think.

@goodbyestranger we had 8 queries from the buyers solicitor, only one of them was a silly question, and apparently no follow up required after reviewing our responses which surprised me.

lazyakita · 19/06/2021 11:23

@goodbyestranger 20 enquiries from our buyer's solicitor thus far (all at once). I would say half of them were sensible and the other half were nonsense.

goodbyestranger · 19/06/2021 11:31

Thanks both!

Didicat · 19/06/2021 12:02

@Cantbebotheredtothinkofaname I think your solicitors deserve a big tip if they have managed to get it all done and dusted in 10 weeks..... we started in At the start of March and it’s been a big push to get it done.