The nervous wait to exchange....

Rotty · 18 Dec 2020 at 01:26

koolpc said:
What made you go with an online one instead of a local one?

price mainly

I have also used online a couple of times before and with Covid I imagine all is remote anyway

you don't ever need to see them in person these days so why pay more

koolpc · 18 Dec 2020 at 02:31

Rotty said:
price mainly

I have also used online a couple of times before and with Covid I imagine all is remote anyway

you don't ever need to see them in person these days so why pay more

I thought you had to see them to sign contracts etc?

Skillmister · 18 Dec 2020 at 07:36

koolpc said:
I thought you had to see them to sign contracts etc?

No

ChrisD. · 18 Dec 2020 at 10:15

I like online ones as you get a portal you can log into and see where the case is, rather than having to rely on someone calling you back or actually answering the phone.

Rotty · 18 Dec 2020 at 12:58

koolpc said:
I thought you had to see them to sign contracts etc?

nah just emailed it

413x · 18 Dec 2020 at 13:38

I Cant believe it was year ago I was doing this.

Its been a long year. But at same time not much has happened.

It's weird watching from the other side people going through the same stuff

happy_2008 · 18 Dec 2020 at 18:00

Luckily for me my house sale and purchase was completed in 3 months with no hassle. Accepted offer on my property on 5th Sep and offered on another around 15th Sep and all completed on 4th Dec

2004typer · 19 Dec 2020 at 08:48

happy_2008 said:
Luckily for me my house sale and purchase was completed in 3 months with no hassle. Accepted offer on my property on 5th Sep and offered on another around 15th Sep and all completed on 4th Dec

Good effort - wish ours had been as simple! We moved in three weeks ago so all done now, but it was a painful 7 months!

Robi · 22 Dec 2020 at 11:21

Robi said:
Offer accepted on new house Dec 7th and we have to complete before 24th Feb as that's when our mortgage deal expires. No chain involved as we are first time buyers and the sellers are moving into a rental. They want to move as quickly as possible as do we.

Existing mortgage offer amended subject to valuation. Draft contract already received by our solicitor. Building survey booked for 12th Jan. As soon as the valuation comes back, hopefully in the next few days, we pay for the local authority searches.

It's going to be tight with lots of anxiety ahead, but I believe it's possible. Fingers crossed!

Valuation completed yesterday - no issues. New mortgage offer issued and it came as a bit of a surprise as the validity period has been extended for the full 6 months, rather than maintaining the end date of our original offer. Our main worry was having to complete before 24th Feb, but now that worry has gone!

happy_2008 · 22 Dec 2020 at 11:27

Robi said:
Valuation completed yesterday - no issues. New mortgage offer issued and it came as a bit of a surprise but the validity period has been extended for the full 6 months, rather than maintaining the end date of our original offer. Our main worry was having to complete before 24th Feb, but now that worry has gone!

Have you booked the home survey yet? Heard there is a backlog on this and LA searches although mine was only 2 weeks.

Robi · 22 Dec 2020 at 11:33

happy_2008 said:
Have you booked the home survey yet? Heard there is a backlog on this and LA searches although mine was only 2 weeks.

RICS Building Survey booked for 12th Jan and the LA searches were submitted on the 18th.

ash_scotland88 · 23 Dec 2020 at 14:54

Still waiting to hear about our mortgage, don't think it will be before Christmas now. But struggling to have a decent night's sleep due to worry about it.
A couple of interested parties for our house but the estate agent have said they've gone quiet across the board. If it was me I wouldn't be listing just now but our arm was twisted a bit by a surprise offer being accepted.

ChrisD. · 27 Dec 2020 at 15:46

When is the best time to arrange a survey? Should I wait until the vendor has had an offer accepted on down the chain? I don’t want to spend money on one then it falls down because they can’t find anywhere.

koolpc · 27 Dec 2020 at 17:40

ChrisD. said:
When is the best time to arrange a survey? Should I wait until the vendor has had an offer accepted on down the chain? I don’t want to spend money on one then it falls down because they can’t find anywhere.

You probably wont be able to get a survey done for some time due to lockdown restrictions

MrKnifey · 27 Dec 2020 at 17:51

I'm still 10months in our process!!

koolpc · 27 Dec 2020 at 19:16

MrKnifey said:
I'm still 10months in our process!!

Yikes!

Buffman · 27 Dec 2020 at 20:46

ChrisD. said:
When is the best time to arrange a survey? Should I wait until the vendor has had an offer accepted on down the chain? I don’t want to spend money on one then it falls down because they can’t find anywhere.

Seems sensible to me. I postponed mine as i hadn't yet recieved the searches, and no point in expending for my building survey (around £1100) until the rest of the chain is ready.

GhostlyPea · 30 Dec 2020 at 18:09

Finally had the Lease/Service details updated by the purchasers solicitors - took them 6 weeks and werent even going to do it until i pointed it out after they both tried to invoice me. The lease stipulated that it must be done within 4 weeks of purchasing the property off me - good for them to breach before they really had their feet in the door. Just reinforces my opinion the purchasers solicitors were trash.

Had the report on my purchase come through today too. Mostly looks OK other than mispelling my surname on the report... fingers crossed we're on target to be in by the end of January

- GP

Delvis · 4 Jan 2021 at 23:09

Delvis said:
Amazing, my two bed just cost that haha

P.S you could have tidied your cables you monster

Well, moved in on December 17th, various problems already, fantastic eh.

I'm also extremely picky which doesn't help...however I'd have expected the house to be cleaned and the dishwasher to have been checked prior to us moving in!

MrKnifey · 8 Jan 2021 at 16:21

Mortgage offer runs out on the 24th..still no closer to completing. Told everyone unless it's done by the 24th I'll pull out of buying and selling and cut my nose off to spite my face..totally fed up with it now