The all-new buyers/sellers waiting room (continued x5) thread!

[BirthdayRainbow]

Hi I took the liberty of starting a new thread as I couldn't answer on the last one.

@kirinm I am glad you've decided I pull out. I wanted to suggest it but didn't want to stress you out. I hope the next house you view is the one and it all goes smoothly.

@ingkir I have just read all the search results. My son has helped with a couple of questions, I've left a message for my friend to help with something else and I am waiting for the solicitor to ring me back as they've attached someone else's details to the end of the paperwork 🙄. I'm distinctly unimpressed as of course potentially someone has mine and the whole stream could be wrong. Looking at what the emails say it is likely it is a one off but I needed to tell them. The receptionist was going to put me through to the solicitors secretary until I said why I was ringing. Already over the time of when she said she'd be back.

I still have a few things outstanding but I won't exchange until I have answers so I'll wait it out.

Arghh! I thought we were nearly ready to exchange, sale ready to go and just waiting for a few follow up enquiries from my vendor. Now my buyers are asking for a price reduction 🤦‍♀️

I think they are naive and unrealistic FTB. DP thinks they are chancing their arm. We made a counter offer, so we'll see what happens.

I am giving up thoughts of moving before Christmas.

@Hoolahoophop Congrats! You may have said already, but how big will the chain be?

&@BirthdayRainbow Hope you have a better day today.

@ingkir luckily, short. Sellers have already bought their new place and are living between the two houses. We are planning to put ours on the market after we have moved out. So everyone is ready to go as soon as all the legal stuff can be sorted. I wonder what the shortest ever turnaround time is and if we can match it!

@Hoolahoophop We are about to exchange in week 6 or 7 I think

@Maybenexttime08 I guess ours may be longer than that as the Christmas holidays will.slow things down

Thank you. I have a development of sorts. They were told I have to complete this month or I'll look for something else. They have asked why it has to be this month 🙄. We have replied. I am a bit wary of saying anything else in case they see this but I know what my plan is for if it is a no.

Did anyone else realise that solicitors are allowed to take five days to reply? Well, they are!

Mine said four weeks is doable if everyone does their best. I could only dream.

@Hoolahoophop well my FIL is due to exchange today on his sale - ( should have been Wednesday) and is close to exchange he is told on his purchase ( offer acceoted14th October) no mortgage required however and he did his own survey ( experienced in that area) and only did title and LA searches and it's a probate ( completed) sale - so may well be a 6/7 week process - fingers crossed

Can someone explain to me please what happens now we've responded to the enquiries? Do more usually get asked?

We've signed and returned the TR1 form and contract. They've apparently had their searches back (and we've answered a question arising from one of them). Buyer has also had her mortgage offer,

Looks like the charge left on the Land Registry is now being sorted. I heard from my seller's estate agent yesterday to propose a completion date of 29th November (3rd date they've put forward now). I agreed to propose the change, to allow the time for the error on Land Registry to be sorted and it not to be a big rush to exchange.

My solicitor went to both solicitors on either side, and then my seller's solicitor replied stating that they'd like to do 29th November but depends on the onward purchase!!? Why propose a completion date through their estate agent if their solicitor is going to come back with 'well it depends...!'

I cannot move in December as I have other commitments that I cannot change so if we can't make 29th November I'm likely to have to pull out completely! I've informed my solicitor and the vendor's estate agent that it has to be 29th November! To be honest, I'm wondering if this is all worth it at this stage!

Looks like we are finally moving towards the end (hopefully). After starting the process in April and now on our third set of buyers, hopefully we are nearly done. Proposed completion date of 5 December and hoping to exchange imminently. We now have final report and contracts to sign so just have to get them witnessed and returned to the solicitors. Seems like this has taken forever! Really just want to exchange asap so we can book removals- we are moving 4 hrs away and apparently the packing and moving will take 3 days, so keen to get it booked in asap. Will be worth it to be close to family, but wow this has been stressful!

I think it's fairly normal for enquiries to go through a few iterations. Enquiries can come from the solicitor or the buyer and arise from reviewing the search results, deeds, plans, certificates, survey etc. all of which may become available at different stages in the process.

Getting the TR1 and contract for the sale of your property can happen quite early in the process. We got that whilst enquiries and searches were underway. Survey can happen at any time but judging by our chain, it seems quite common for that not to be booked until quite far down the track. We had ours done early on though on the place we are buying.

Once all that's done, you have to wait for the solicitor to compile their report for the buyer and then the buyer gets reams of documents to read through and sign. I'd probably allow a couple of weeks for that part of the process.

Buyers survey now done so we have to wait and see what comes out of that. Surveyor seemed quite positive though, only pointing out one smallish thing. However, I'm mindful that will no doubt translate into a load of red flags on the actual report given it's an older house. Glad to get it out of the way though.

Think we are looking at a January move now as bottom of chain still needs to catch up.

@Gekko21 we've just had a load more enquiries so sounds about right!

I'm beginning to get really fed up and so frustrated the sellers solicitors are still not responding to any enquiries the EA isn't bothered I'm so close to just pulling out.

Well we were half way to exchange today. Then found out vendors husband who is in a home had broken his hip and awaiting op over the weekend. High risk op. Solicitors convening on Monday if he survives it. If not probate will be needed. Supposed to be completing next Friday. We are doomed I think.

That's tough @lingmerth but tougher for the vendor and family. Try and have a nice weekend and await Mondays news.

@Flughafenkoenigin That's awful! You are nicer than me giving them a counter offer. I would have told them a big fat no and that I'd put it back on the market if they didn't agree to the original price.

@ingkir yeah I thought about the big fat no.

Our EA said we are being entirely reasonable and doesn't see what more they could want. The ball is in their court, as the saying goes.

I dunno. I guess it depends on the reason. Just because? Then obviously it's a no. Something unexpected on the survey? Maybe different.

We just had our survey on the new place and are considering chipping a bit. We offered full asking price but had a dodgy flat roof and crumbling chimney stack show up. Neither of which are visible from the ground so hadn't been taken into account when we offered.The surveyor uses a drone.
Would need scaffold to fix so will probably end up costing about £8k I think. We're considering asking for half that off so we split the costs. Does that sound reasonable?
Problem is this seller is a bit mad. (Lucky me the last ones that decided to pull out just before exchange were liers.) The surveyor told me that she was actually having a viewing conducted WHILE HE WAS THERE! he even asked her what she was doing since she's agreed to sell to us. She apparently didn't care!

If she didn't care then I'd re offer minus the 8k! Minimum.

I came back to do some more moaning but fuck you win.

I suspect our buyer may be lingering on these boards so I won’t say why, but I’m hanging on by a thread.

our exchange and subsequent completion date is currently up the swanny due to complete and utter incompetence from both buyer and solicitor further down the chain.

Sounds reasonable @0hshutupshirley

Sounds so wrong that your vendor is still allowing viewings though. I would be complaining to the EA in the morning since they presumably facilitated the viewing.

@lingmerth sorry I’m a bit confused.

Why would probate be required if your vendor is still alive?

Even if her husband does die during the operation she would still own the house wouldn’t she? Unless it’s solely in his name but even then a property normally passes to spouse on death of one partner. Can see it would delay matters though.