The all new buyers/sellers waiting room (8) lies lies and the stamp duty deadline

[hotandpermi]

Continuing on the convo- title based on the theme of the last thread

It's because the money has to travel up the chain - the last in the chain couldn't complete first as they wouldn't get paid!

We are dropping our keys off at our agent and then collecting the new ones from the other one on Friday. So fed up of packing now arghhhhhh!!!! Not too much more to do ........ Sent over half of the money to solicitor, need to send the remainder! Not sure how much cleaning I'm gonna get done tbh!

So after I had told my solicitor and EA that I will be away in mid-April for 8 days, and my mortgage offer is only valid till the 12th May, the EA has spoken to the seller and he confirmed he is happy to move out so that we can complete in the next two weeks.

I think the seller was already prepared to do that when I said back in early March that I want to complete before the deadline, hence he actually agreed to the date, and actually thought we were completing this week. As it transpires, it was his solicitor who said no as the onward purchase is not ready...

Feel very frustrated due to now having to pay extra £2.5k, debating if I have a case to make a complaint (it probably won't gain anything).

On the other hand, I will be glad when it's over. The EA will update me on Friday regarding the seller's plan to vacate the property so hopefully it will be good news.

Same when we moved here I was at work, don't even remember exchange or completion. My other half picked the keys up as he was local, don't think I went to the house for another week and then we didn't move in for another week after that!
This time is.........very different 🤯

DS has exchanged!

Friday is the day.

So someone said you can set up utilities online from exchange date?

Can you pick whatever company you want for electric and gas? You don't have to use the company that they are using?

Yes you can choose whoever for electric and gas. Not sure when you can set up a new account as I have just transferred ours. I also did the dreaded council tax today.

Ahhh OK. May do it on completion day then as I'm not working.

He does pay Council Tax where he lives but everything else is included in his rent as its attached to the landlady's house. So he doesn't have any other accounts to "move" so to speak

Yay! Congrats to your DS 🎉

For utilities, you can register ahead of time for Council Tax and Water. There's typically an option on the form to select your actual moving date. For gas & electric, the supplier at our new property is the same as our current supplier so again we did the form ahead of time. There's no obligation to inform utilities before completion though so you could always do it after you move in. You'll get a 'To the occupier' letter shortly after you move in. They won't just switch off the utilities on completion day. So if you want to switch provider it might be easiest to wait until you are settled in.

Worth checking out the broadband situation as that can take a while to get set up if the sockets for his chosen provider are not in place. Buy a cheap sim card router and sim card if needed to tide over.

Do you know that your buyers have definitely instructed solicitors? We waited nearly a week for the memo of sale and it was because they were playing silly buggers. Once they had a solicitor the memo was issued in an hour or so.

@kirinm I think I asked this on our previous house. In essence the vendor hadn’t done her ID check so it’s worth prodding. I would expect it two weeks in… but as per my username I’m not the most patient of people so will let other chip in too

@Feelingstrange2 congratulations to your son ! You must be thrilled to bits !!!

@2025willbemytime that sounds about right new house isn’t ready to be signed off. I think the removal firm thing was just an excuse. I’m so sorry your dealing with it, when your vendor realises your chain will collapse due to expired mortage offer it might prompt her to air b and b it. That’s what I did with our chain and I thought it was pretty reasonable… but I know some people are pretty unreasonable!!

We had an emailed memorandum of sale immediately after we accepted the offer.

Thanks everyone.

I am so proud and thrilled for him.

Its taken almost a year from first looking to find a place he likes: 2 declined offers, 1 emotional pull out following a dreadful survey, to finally buy house 4!

My concern is that they haven’t. Our biggest fear with this purchase is the time it may take. We don’t have the ability to wait for an endless amount of time and the estate agent knows that. My solicitor said if we’ve not had confirmation they’re instructed solicitors by Friday that we need to take that as an indication of how motivated the sellers are / are not.

We were supposed to exchange today but heard nothing from solicitor and they aren’t responding to emails. We are meant to be completing on Friday 😱 feeling very nervous that it’s not going to go through in time

Sorry,
completion on Thursday! So an even shorter amount of time 🙄

Thank you. I'm never ever moving again.

Give the estate agent a call first thing, they can go up and down the chain and see what’s what. My solicitor was great but he didn’t tend to get back to me if he didn’t have anything to tell me. Keep pushing x

This is my current mantra. If by some miracle it all works out and we move into this house then I hopefully can be carried out of it in a box many years into the future.

Ah thank you but there is no agent as it’s an empty new build shared ownership that we are moving to. The solicitor contacted us yesterday to ask if we were available for the exchange call today, which is why I’m a bit put out that he never called. We have already sent funds to the solicitor including the first month and a bit of rent on the shared ownership part so we will be in a pickle if things don’t complete on time, especially as we have to be out of our rental by Monday

Congratulations! Amazing that it’s happened for him🥳🥳

We have confirmed that we will not be completing on Friday due to our buyers revised mortgage offer has still not been received & so their solicitors are unable to request for funds in time for Friday given they require 5 working days notice. Our sellers are now away until end of April so we will have to just wait & see what happens😔🤦‍♀️

@Bec123451995 and @MrsMoggy I feel for you both. This is a wretched business.