Support thread - the countdown to June 30th.... will we /won’t we make it???

[Didicat]

So next week is June and the date is looming large! Wiltshire council are being particularly slow and searches not due back till 14th. Offer accepted early March.

36 days and counting between me moving house and a new kitchen and me moving house and saving hard to buy a kitchen in about 2 years time.

Anyone else being to feel the desperation kicking in just to all it all done and dusted!

Today solicitor wanted a statement of a Barclays loan as a special condition of our mortgage is that it is paid off at completion. Of course I binned it three days ago so went through the bins and taped it back together this afternoon , she said still need another copy but it shouldn’t delay things. Honestly can’t take the stress!

Oh my gosh, I'm feeling stressed just reading all your updates!!

I'm mostly looking round my house that needs packing, but I dont actually have the room to pack anything away as nowhere to put it all.

Chased sols only to be told its unlikely we will hit stamp duty deadline. We are still at enquiries stage (18 outstanding). Im im direct contact with the seller and hes keen to progress. Feeling so deflated by it all - its not like we are getting a bargain and probs overpaying in this inflated market if we do miss stamp duty deadline and paying over odds not sure what to do -offer lower, pull out completely or pay and be skint skint.

The house buying transaction process really needs reviewing.

Rant over.

@Finallygrowingup that’s harsh, I really feel for you, could easily be us still too.

@Mumelie could you get removals for a random time or date and put in storage?

I’m too stressed write an actual update but I’m right alongside you all. 🍷

Well we are at least now guaranteed not to make the deadline, our sellers seller has suddenly decided they won't go into rented and have just now started to look for something to buy. Our chain was meant to be complete 10 weeks ago. So that's that. 6 other families just left to pick up the pieces because that bell-end changed his mind 10 weeks down the line. We were due to exchange this / next week, everything bar 2 enquiries was completed.

Oh @overwork, I'm sorry. Some people are just unbelievably selfish. I know sometimes things happen and plans have to change, but to string so many people along for so long is just cruel.

@Mumelie can you call the movers once exchanged and beg and plead to be top of the reserve list? Surely they must have some clients who've put a non refundable deposit down but completion ends up being delayed for whatever reason.
Do you have family and friends that can help pack and move most stuff to storage before just to be safe?

@Finallygrowingup we are similar - overpaid by about £20k and facing £15k stamp duty bill if we go past 30th. However, we sold/ are selling our (2) houses for at least £40k more than we would have got before these price increases, so it's swings and roundabouts for us. Obviously not the case if you're a FTB or current house price hasn't increased by much.

@SpnBaby1967 - have you got packers? Or doing it DIY?

@Cocoaone @Gettingonabitnow
Think we might have a 'man with a van' and a storage unit plan if nothing else. Going to start packing ASAP and we've willing teens, friends & family to help with that.
We are the only party in the chain that needs removals thankfully 😅

Good luck everyone else - this deadline is just an extra layer of stress to an already stressful process 😬

@overwork sorry to hear this, I can't imagine how annoyed you are, and the rest of the chain.
Someone I work with is Scottish and told me how basically when you put in an offer up there it's basically legally binding, so why on earth our system is so floored and slow I don't understand. It's painful!

So has anyone else Solicitors come back if you haven’t completed by the 15th, they can’t guarantee meeting the deadline due to the contractual can be up to 10 working days after the deadline for a delayed completion and thus would then be liable for Stamp duty......

@Didicat what hell is this??

Yes ours said in order to fully guarantee meeting the deadline we’d have to complete 10 days before the 30th. This is because in contracts there’s usually a 10 day buffer after the agreed completion date to allow for delays before the contract gets cancelled. It’s extremely rare but I guess they have to mention it since stamp duty is payable on completion whenever it happens.

I think it means if for whatever reason you chain doesn’t complete and completion is delayed past June 30th Rishi will want his money!

@BrieCrackers thanks for making much morse sense than I.

It’s just an additional thing to worry about!

Started pulling lots of money to a singular account so we can transfer to the solicitors—— so flipping stressful

Want to know when the pre exchange visit is why has the EA not phone me back grrrr

What is annoying about all of this is, tax payers are funding for a stamp duty break which was unnecessary which means prices have gone up. People are paying £50k over the odds to save £15k, it is madness.

All during this we are trying to buy land and our purchase is being slowed down by the rush to get houses completed by the end of the month. Why should our purchase be lower in priority even though we are paying the same in fees as most house buyers! I am having to push and push my solicitor.

Also, Inflation is rising and will rise even faster in the next year interest rates will increase and house prices may well fall. So people should really hold on.

@NWmother who should hold on sorry?

It’s now 2 weeks since we’ve been ready to exchange on our side (chain free purchase), 1 week since we agreed a completion date, and we’ve still not exchanged. Our solicitor said we were all lined up to do so yesterday, until it transpired mid afternoon that the seller had lost his removal company. I am sympathetic (sorry @Mumelie, as it sounds like you’ve got the same problem!), but frustrated that this could have been sorted last week. He reserved his removals last week, but then didn’t send his signed contact back to his solicitor until Monday, by which point it then sounds like he’d lost his removals slot.

Really worried now that we’ve gone from almost certainly completing this month, to it all being in doubt now. Apparently he was ringing round yesterday to find an alternative, but we haven’t heard anything today either which doesn’t bode well.

Let’s see what tomorrow brings…

@StrongTeaDropOfMilkNoSugar
That must be very very frustrating for you - especially when it's something so simple. I hope they manage to find removals and you get there in time 🤞🏼
Our issue was that we couldn't even pencil in dates with chosen removals (who quoted in January!) due to our buyers and their solicitor dithering about. A week ago when I checked they had availability but now no one has.

@Mumelie Thank you, I hope you get there on time too, even if you do have to resort to man and van! Sorry to hear you’ve got all this added stress down to other parties’ dithering. Good luck!

@StrongTeaDropOfMilkNoSugar surely seller just has to find some solution as to not meet the completion date would just impose penalties

I can't sleep with nerves/anxiety/excitement/overwhelmedness. I can't get up and pack as DH, DS and DDogs are all asleep. So far I have: looked at lead in times for a lot of the furniture I've got my eye on, updated vendor and estate agent with progress this week, selected a thank you hamper for solicitor, and spent time marking up floor plans with anticipated furniture placements. At what point do you know a house sale is taking over your life?!

@StrongTeaDropOfMilkNoSugar oh no that is so frustrating.

@Dinosauraddict I’m not sleeping either!!!

@Dinosauraddict you are not the only one with sleeping issues, struggle to get to sleep only to be filled with anxiety based dreams......

Have you tried rescue remedy the sleep one I find it helps a bit.

Packers have packed. My daughter sits her last two GCSE 'assessments' today and though she had put all her school books in her back pack she realised last night that the packers packed her flash cards! We looked through a couple boxes but no joy.
We put one room aside for all the stuff we need for the next month of nomanland staying in a couple hotels and holiday lets, and that looks like a jumble sale.
The house now looks filthy with all the pictures off the wall and furniture gone (sold or given away bar one bed, three mattresses and an armchair).
No news on my purchase, we are homeless tomorrow.
And, on a very personal note, I haven't been able to find my comfy bras so have been wearing scratchy ones a tad too small for the past week - you know my pain ladies!

No sleep here either.

@Livingintheclouds best of luck to your daughter!

I slept but was woken at 5.15 by the dawn chorus of crows shouting at our Bastard cat who was lounging on the roof outside our window.

I cant wait to live in a house where the cat won't be able to use our bedroom window as a secondary catflap.

I have asked solicitor for any updates on our sale but I'm not expecting anything. If we hear anything before the end of next week I will be happy.

We've not had any mention that we will need to move any money over to the solicitor ahead of exchange - is this normal when you are both buying and selling or has my solicitor not told me something? We have about 90K of equity and mortgage etc but that wont release until after the sale...?