Is there a new thread for “Anyone putting their home on the market in early 2025”?

[IWasBornIn1989]

The other thread is full 😏

Hi everyone, sorry to hear your experiences are so stresful. We are finding the opposite, rarely finding houses we are interested in, usually very speculative prices, too high for the space/ quality of the house and some sell so quickly it's hard to believe. If you don't mind me asking, what sort of areas are you referring to when you are saying the mark3t is not moving, very slow, etc. In England I am interested only, and if you don't feel comfortable naming the town or village perhaps a wider area? We are looking to expand our search, really want to move house and I am realising there can be so many nice areas that would suit us but we just don't know about. Thanks a lot.

@JoyfulLife I won’t name but we’re in south of England and our area is the same as yours. We didn’t put our house on the market until we found something we liked and we had been looking for around a year - 18 months, expanded our search and we are now buying in our dream location, never thought we could purchase in the area. When we put ours up for sale, it sold in 3 days, 20 viewings we had and around 10 more booked in but cancelled because we had multiple offers. It fell through a few months later and so we went back to market and the same thing happened. I think in total between the two times we went to market, there was 58 viewings booked in with a mixture of some who viewed and then some which had to be cancelled because offer was accepted.

I feel you, I'm a very impatient person so I find this whole process very stressful 🫠

Survey is booked for the 9th of June.

South coast town here, sold in 4 weeks.

Also finding the process slow. 4 weeks since we received the sales memo for our purchase but still no documents from the sellers/solicitors.

@OtiMama yes we’re gonna stick with guide price for now and reassess in a few weeks - agents are saying the price isn’t an issue and it’s priced where other agents valued exactly it’s just very very quiet it seems. Although they was meant to send me a marketing report yesterday and I’m still waiting…

@JoyfulLife were in the South East and nothing is moving at all here it seems.

We live down south too wilts/hampshire. We sold in just over 3 weeks but I still think the market is slow because we spent weeks finding anywhere, there was barely enough to look at one house a week, sometimes one house in 4 weeks!

Had an email out of the blue to ask us how we felt about an exchange date in June- we replied yes and they said great we will check with the rest of the chain and your contract is in the post. That was last Friday 👀 enter the bank holiday and now the conveyancers assistant has gone on holiday for a week… am I booking a truck or am I not booking a truck !? Come on 🤣💀

Still no sale pack/contract docs for our purchase. Nearly a month since sales memo received and chain completed. Here I am chasing everyone again, like I don’t have my own full time job to get on with 🙄

So frustrating!!

Yes we are down south and sold quickly but it took nearly 2 months for us to find anything, then the people we are buying from took 6 weeks.

Update - just accepted on offer on my house for the asking price.

Congrats!

We went on the market and week ago and had an offer 5% below asking within two days. EA talked them up to around 1% under asking and after a couple more viewings, we have accepted. Cancelled the other viewings booked as wanged to keep the buyer. They are FTB. I priced realistically and haven't mucked about with offers over.

Had offer accepted on next purchase which has been on sale since Jan. Their EA suggested they weren't sure where they were going and considering renting so I'm going to push for a quick sale if I can. I have everything lined up and can move fast.

My EA have been brilliant and really proactive. One property I was interested in, I sent an enquiry which went unanswered and called once which wasn't picked up. House is still for sale ans I wonder whether the sellers even heard I was interested.

I'm paying slightly above average for my EA, solicitors and surveyor but they all have excellent reviews. They are local firms and generally get rated on various forums. I feel that employing the right support is vital to getting stuff done.

We've done the paperwork and associated docs for the sale of our house and we've booked the survey for our purchase and paid for searches. All slowly moving in the right direction. I feel like our solicitor hasn't got tonnes of work as she replies fairly quickly every time.

Our cat suddenly lost the use of his legs this week and turned out he had heart failure and had to be put to sleep. We got him a couple of days after we moved into our current home, so feels a bit sad to be moving out sometime soon without him. End of an era. We have however gained two children in that time too 😂

Well, yesterday morning it looked like maybe there was some progress with the paperwork for my onward purchase but then it all went quiet. I suspect I won’t be moving into my new home on Monday now. Technically it’s maybe still possible but I am probably just fooling myself. I’m feeling very anxious and depressed about this situation now. I have put a Plan B in place, which means I’ve secured access to a local storage container for all my furniture and household goods, and my STBEXH has kindly said I can stay in his spare room for a few days - but that’s really the last thing I wanted. The teenager can stay at their dads. My movers are costing £800 - so I’ll have to pay for that twice now, plus I have no idea when they might have availability again next week (presuming my purchase even goes ahead next week). So all of this is probably going to cost me over £1000.

I was so excited about having found my new wee flat. Now I feel really low. And quite angry. I think my conveyancer seems to be doing everything she needs to do but the solicitors on the other side have been shit. When my side has been trying to push this forward, their side has been citing ‘pressures of work’ as to why this has all taken so long. The system just feels a bit broken. And it’s me that’s paying the price.

Back on the market for a week at the reduced price. Zero interest so far.

About half an hour after posting this I got a call from the agent. We have a viewing on Sunday. 🤞🙏

@AhBiscuits how did your viewing go?

We are re-marketing today at an offers over rather than a guide price hoping to get ourselves in more searches. Online it’s getting the clicks but we just can’t get people in the door. Agents have said the market is really strange at present some houses they expect to fly out are sticking around for ages and the stuff they think would be stuck is flying however it is still super quiet full stop round here with little to no movement for anyone.

Our fixed rate is up in August so we working towards that date and if not sold by then we will fix again and try again another time - literally desperate to move so hoping things start to pick up!

Viewing went ok, but I'm not expecting an offer. They were a young couple looking for a project. They liked the house and could see the potential. They're going to ponder it. I think it will be too much work for them. It's going to be quite a big project and beyond what a lot of people would want to take on.

They did make an offer, but a ridiculous one.
It's on at 285k. They offered 200k.
It was a flat no from us and they wouldn't increase.

We have had 3 offers so far. 250k, which we turned down, 275k which we accepted but the buyer pulled out and now 200k.

On we go.

@AhBiscuits sorry the offer wasn't what you wanted. Fingers crossed you get some more soon.

Our solicitor has the contract for our onward purchase and has sent the one for our current house to the buyers solicitors today. Survey next Monday. She reckons 6-8 weeks estimate to exchange which would be great. We have been pushing back all the paperwork and requests fairly quickly so hoping our buyers are as quick. Just have that uneasy feeling that nothing is finalised until the very end!

We are a month since chain was completed/ sales memo sent and still no paperwork for our onward purchase. Despite us saying we are working towards completion by end of July. 🤨

There really does need to be a review of the house selling/purchasing process at some point. It's incredibly slow and overly complex.

Found a house we like at the weekend and had offer accepted today. We asked if they would be prepared to break the chain as it's currently FTB, Flat, house 1, me, them. They haven't said no, but haven't said yes either. They are happy to instruct solicitors and proceed taking a view later down the line. I assume that means no really. Just hoping we dont end up with a huge chain.

Its such a painful process - I made an offer on house 3 months ago which is an ex rental - we are nearly done with the enquiries. Expect to be done within a week - meanwhile while no 'fecking idea' whats going on lower in the chain - I have enquired - so no doubt in a couple of weeks the Conveyancer will respond. My vendor is probably just thinking - I just want me money! I am holiday for next couple of weeks and fully expect it to kick off - My dread is if somebody decides to complete/exchange on the same day.

@AhBiscuits oh that is disappointing!

We’ve gone from guide price to offers over and have now got two viewings booked for this weekend - fingers crossed for us! One is a FTB and our onward purchase is no chain the other I’m not sure of their circumstances as yet need to follow up with agents.