The all new buyers/sellers waiting room (x 6!) thread

[Champere]

Welcome across everyone!

We’ve got six nights until we move and the insomnia has set in!

It’s taken us three threads to move and I hope this thread is the one I graduate on….

Best of luck to everyone! May your agents be truthful, your conveyancers responsive, your lenders generous and your chain reasonable!!

Our buyer wants to come around next week to measure up etc. Unsure whether to put her off until after we've exchanged. Call me paranoid but it just makes me nervous!

@movingtoreading Sounds suspiciously like they are lining you up for an indemnity policy. Raising concern about something that is such a non-issue it's going to be impossible to find any "documentary evidence" and the only resolution will end up being to spend another £250 on an indemnity.

That's a perfectly reasonable ask. We haven't exchanged yet but went to measure up back in October because we happened to be in the area (which is 250 miles from where we currently live). We won't have the opportunity to visit again before completion. If exchange and completion are close together, there may not be time for a visit. Equally, our buyers visited quite early on in the conveyancing process. It's a bit nerve-wracking (a bit like when the surveyor comes), but if you want to sell your house to them you need to suck it up I'm afraid.

@Tupster and what happens if you refuse? Can the buyers bypass the lawyers on this ? As i don't think they would really care and they are quite keen to move as soon as possible

It's certainly worth starting from the point of going back and telling them what they're asking for is stupid, stating this isn't a retrospective dropped kerb and that this is how the house was built and so would have been part of the original planning application. I've certainly had a few things with my sale where I've gone back to them and told them it's a stupid question. (I'm selling a leasehold house and have had quite few questions where they've just picked a standard "leasehold=high rise flat" playbook up and thrown all the questions at me). They've always shut up and not asked again, so it might work for you in this case. But you just never know what solicitors will get their knickers in a twist about. It definitely sounds like something that worst case scenario is the indemnity, which although annoying and needless spending of money is at least a pretty immediate fix to an issue.

We've agreed a rental so just need to confirm dates for exchange and completion. Hopefully completion will be 21st Feb and exchange anytime between now and then.

Is £1650 a good price for removals? Includes packing and cancellation/postponement waiver.

@kirinm did you decide not to hang off for the one you thought might come into market?

It probably depends on how far you're going and how much stuff you have.. but its less than we've been quoted (around £2,000 including packing and cancellation waiver)

No I called the agent today and it's an owner occupier who want to stay there until July (school) so even if we buy it we'd not be moving quickly.

We were told by a friend a house was coming on that road which was let to students but I think that is two doors down from the one we shall see on weds!

Completion date has moved again and the sellers solicitor is off sick (again) I've said if the date changing again unless it's down to exceptional circumstances like a medical emergency I will be withdrawing and walking away.

Avoid RG law and if you have buyers with them be prepared

I also lost £2k in removals

@kirinm one thing I will say is we once did a rental but in an area we wouldn't have picked when we came back from Denmark due to so little being around- did a 12 month term but at 7 months the ideal rental place ( we rent reasonably high end) came on in our preferred location ( different city altogether) so we contacted agent and asked what we would forfeit to get out of it - and basically they said would relet easily so had to pay till it was relet plus £800 'retargeting charge'. The relet timed with exactly when the new one kicked in - so we only ended up £800 down which to us was well worth it -

Well our new build will be complete ahead of schedule on the 14 th Feb. We should exchange a week after that and move the following week. Mortgage is done and approved. Solicitor says less than 3 weeks is doable!

House removals an old mate from school has a company of a man with a van and provisionally booked him in. New build have given us permission to alter garage - no charge. We found out a neighbour on the estate was given permission 2 years ago for the same thing for free and our solicitor asked if we could have the same permissions for free and they said yes! 👍

The estate agents “expect” that we should get an exchange date in the next couple of weeks…

@MotherOfRatios thats so bad i am so sorry! Can you ask whoever is at fault for the delay to pay some
Sort of compensation ? My contract has a clause that says 4% need to be paid for each day we go past the completion day

I asked today and it got rejected I'm so worn out

It's impossible to answer as it's all related to how much stuff and how far you're moving

I'm paying more for no packing and just moving four hours or so.

A 2 bed flat of stuff, moving 20 miles

I'm so sorry, @MotherOfRatios. So stressful.

It is I've started having night sweats and suffering with insomnia. I'm at the point where I'm going to pull out I think. I've discussed it with my friends and family and doctor and everyone has said I don't seem like me anymore and I can't take it.

My mortgage offer expires Friday we've still not got any closer to exchange the EA put the phone down on me today.

The sellers new property also isn't an attractive buy (I found it) which makes sense why they're not happy. But apparently the seller can't do the 31st as she's working I'm very confused why she hasn't handed her notice in/taken leave when she's moving location and she's working up until the last minute.

The EA is blaming me for been 'inflexible' but I've done most of her solicitors work and lost a lot of money due to the delays. I can't understand why they can't say to the seller you're going to have to make it work or the whole thing falls apart.

Oh god, that just sounds awful. You'd think the mortgage offer being about to expire would focus minds. I hope for you that it will.

They've known since November the mortgage offer expires on the 29th nationwide agreed a small extension until the 31st (the rates have gone up) still urgency hasn't happened. The EA are pushing for me to reapply but I won't with how high the rates are now.

Really sorry @MotherOfRatios why should you have to reapply with higher rates because other people in the chain have shown no urgency?

I hope it manages miraculously to work out for the 31st but if not wouldn’t blame you at all for pulling out.

Good luck to everyone this week! Here's to exchanges and completions!

🥂