It’s ye olde buyers/sellers waiting room continued thread…

[ibelieveinmirrorballs]

The nail-biting wait continues….

Im feeling fine thanks @TomatoSoup69

Any particular reason for asking? 😊

@Twiglets1 Nope! No particular reason! :)

Aw you were just being nice
Hope you’re well today too 😊

Is anyone struggling to find anything they like? I have gone through every property on Rightmove and found one. It's actually really worrying me.

@startingoveragainagain there's not the usual New Year influx of new properties on RM.

But that suits me, as we're 13/14 weeks through the process and still no sign of exchanging properties. It suits me as my buyer can't find anything else to buy!!

@startingoveragainagain even though I'm getting my current purchase over the line (hopefully!) I still keep an eye on the market locally and in the area we are moving to.
There nothing in both areas I would even view -- let alone offer on. Maybe people are hanging back on selling? The EA did tell me that an election year in the UK always dampened the market.
But, people's circumstances change so maybe more people selling houses will come on in spring.

Even though we love the house we have offered on I am still keeping an eye on what has been coming up (since October) and there is honestly nothing I would even want to view. It's scary because it feels like everything is really resting on this one! But then hopefully our buyers are finding the same thing?

A small update- we've managed to decipher that what's missing is the deed of covenant for our buyers. We're now onto our building manager's solicitors to get this drawn up, but it will require a wet signature so that will be probably another week of legal stuff/posting/getting things signed/posting back.

Very annoyed that none of the solicitors involved in the process flagged that this was what was missing, and very annoyed that our building manager didn't provide this six weeks ago along with everything else on the LPE1 form. Suspect we will be the ones who end up being blamed for the delays as it's our property causing the problems, but I've been working so hard to push things along and try to find out what's happening that it feels very unfair!

No reply to my emails from my solicitor or the EA. Trying to tell myself to wait until later this afternoon to call. Really feeling very drained by this whole thing now.

Our vendors finally got back to the estate agent after 8 weeks of absolutely no contact and they are going back to court to agree a financial settlement as they are just arguing about it. It means it is highly unlikely they will be able to complete by 31st July which is when our rental contract ends. She is basically not going to look until the settlement has been agreed so I can see it dragging on for ever so back to the drawing board.
A house we viewed 3 months ago and really liked but was too expensive has just been reduced by 50k which brings it into our price bracket so we've offered on that. Fingers crossed.

Hi , hope I can join normally just browse on here but Have decided to post today, absolutely at the end of my patience.

We accepted an offer in march, our offer was accepted beginning of august (third house we had an offered accepted on, others fell through due to no fault of our own)
Everything have been very slow, the only thing we are apparently waiting for is a Restriction to be removed from the title register for our purchase , this was expedited ,it’s been 10 days they have had contact from land registry asking them to complete a form and we were told this was and will be sorted but no update from anyone , our solicitor hasn’t had any contact from them , also I checked the title register today and it has not been removed.

I am feeling quite negative now , only a 4 weeks remaining on our mortgage and our buyers mortgage and this is already with an extension and not so much as a whisper of an exchange date. Feel better just to get that all out , hope everyone else is having more luck!

Just had an email from the solicitor, our buyers solicitor has asked 4 x new questions.... that we/the solicitor have already answered.

Going to throw my laptop out of the window!

Right there with you @sweetpickle2 !

Feel like I'm completely done now but not sure what I can do to signal that they need to cut the crap because I've had enough. Feel like throwing alllll my toys out the pram but don't think it would get me what I want 😅

Hope everyone's getting on ok. Our buyers finally have their mortgage offer! Woo!

All of the enquiries have been replied to, we've signed and returned the contracts and the rest of the chain have been ready to go for weeks. Does this mean that we could exchange now?

We don't have any dates for anything at the moment and I'm desperate for a date because I have exams throughout March and I'm so stressed I could cry!

Still waiting here too 😭 Originally talked about exchanging in December, then January...now who knows. Apparently we are waiting for a mortgage (re)offer down the chain that was expected a couple of weeks ago. It's out of our hands, so just crossing fingers it all works out. So frustrating when our sale and purchase is ready.

Seems there's a few of us at the nearly-but-not-quite exchanging stage where it all gets a bit rocky and stressful!

@sweetpickle2 I feel your pain, my buyers did this before it all fell through. Soooooo frustrating!

I haven't had an offer yet, still not heard from 3 of the weekends viewers (not holding out any hope for any sort of offer from them) We have 5 viewings booked in over next Fri/Sat and 2 of them are 2nd viewings - so it feels quite positive.

I viewed an alternative house with my parents today a few towns along from the one I am hoping to buy. There are pro's and con's to each. I still absolutely love the place I want to buy, it is way more me. However, the one today wasn't bad and actually is the 2nd best house I have seen in all my searching. So as a result I am less worried about pinning all my hopes on one house that my seller may sell in the meantime before I am under offer. The one today is nice, I could see us there and if my original sells, I have a back up plan.

Just crossing everything in the meantime...

I don't understand why people do this! We've been the easiest buyers ever and haven't asked for bloody anything! At this point the house could burn down and I'd still buy the embers 😂

Oh god @noodles44 i hope that’s not what’s on the cards for us…

I understand solicitors work on lots of cases so I don’t expect them to retain every bit of info about each enquiry, but I assumed they would be documented somewhere and ticked off? This constant back and forth asking the same questions just feels like such a waste of everyone’s time.

Our buyers told us today that they want to complete next week, not sure how they think that’s going to happen with their solicitor playing silly buggers.

Yes same @houseydnc!! We’ve had all the answers to enquiries for our purchase but if there were anymore at this stage we’d just wave them through haha

Looks like I won’t be progressing until mid-March. Anyone have any patience strategies please? 🤣

We're in the same situation as you @neonleopard. No idea when exchange will happen or completion. Our chain is at least completed at last, but with four in total.
Waiting for the bottom of the chain to catch up now. No idea how long that could take.

I'm so fed up, feels like life has been on hold for so long.

We're in the exchange limbo too. The solicitor handling our purchase is on annual leave. Apparently a locum is covering for him but I'm not expecting anything to happen. Our solicitor needs to review the answers to enquiries on our purchase and I don't know if there'll be any more enquiries on our sale. I'm throwing myself into packing and decluttering so I feel I'm at least doing something productive to the move. I want ti spend Easter Sunday in my new house. That is my goal!

Hibernation?!

Are you my vendor?😂

We had another offer for £40k more but our estate agent said that the guy that is offering that is a developer who’s a chancer and will knock me down any chance he gets. The buyer I have now isn’t going to do surveys and the rest of it, he wants to exchange now and also will put £55k in my account as soon as we exchange. Thing is our property is the Show home so it’s not going to be ready for around two months anyway, so if I can push them back another month then I should really be in a good position otherwise I’m going to need a bridging loan and I really do not want to go down that extortionate route. I just really don’t understand why it’s going to take him over three months to complete. The contract does state that we may complete earlier if both parties agree to it, so there’s that.

I am not sure if this puts me in a good position or a bad one, I mean what is the likelihood that he will risk 5% if he’s not planing on going through with the sale?

I have to either accept the exchange of contracts tomorrow or come up with some reason to bring the completion forward. I already let them know that I would like to complete by mid April latest but he’s not having it.

Thing is if I go back on the market I am not sure if I’d get someone who wants to exchange and complete In a shorter timeframe. I will be purchasing my new property with cash so at least I don’t have to worry about the mortgage side of things. It’s just I don’t want to loose the only property on the market I like. As a few have said on here, there really isn’t anything I even want to look at on the market at the moment. Feels like I’m stuck between a rock and a hard place.

I was just hoping to be settled in the new place by April. I think I’m going to just put up and shut up. As the liability is on him, as I don’t see myself pulling out of this deal.

I am new to posting, I usually only read the threads on here, I’ve responded directly above this