Just got word that the survey failed
They found subsidence, so they won't give me a mortgage for it.
Back to square one
That sucks but if they found subsidence and its not been taking care of then your survey was worth every penny you paid!
The nervous wait to exchange....
- Thread starter noj
- Start date
That sucks but if they found subsidence and its not been taking care of then your survey was worth every penny you paid!
subsistance? think you mean subsidence
Haha that's the one
Haha would you believe it, got a phone call off an EA saying that the sale on the house we originally put an offer on and missed out on had fallen through and would we like to go for it again!
She was definitely gutted when I told her we had just had an offer accepted on another place!
She was definitely gutted when I told her we had just had an offer accepted on another place!
Wahey, good news for anyone in the process of buying a house above the £250k threshold or thinking about doing so!
Soldato
I hate Osbourne - completed a month ago. It would have saved near £4-5k
Soldato
But a month later and you might not have your new house.
Soldato
D'oh! I completed less than a month a go after months of stalling. If only they stalled a bit longer
My house purchase doesn't incur any stamp duty land tax so it doesn't affect me really but its good to know its changed from such an old system finally.
In other news - our house purchase seems to be moving along quite quickly.
Applied for DIP online with Nationwide on 23rd Nov which was accepted. Sent wage slips off on 24th Nov. They were returned on 28th/29th Nov.
Did full mortgage app online on 1st Dec, had text on 2nd Dec saying valuation had been booked for following day. Got another text on 3rd saying valuation complete and a mortgage offer was in the post.
Less than 48 hours from putting the full application in to having an offer posted I thought was pretty damn quick!
Just booked a full building survey for next Monday, providing this doesn't throw up any major issues we should be able to get everything boxed off pretty sharpish.
The house is vacant possession (think it is a Son selling for late Father) and we are FTB so no chain. We're in no real rush to move though it must be said, we didn't think we'd find a house so quickly and things to move as quickly as they have. Once everything's hunky dorey with the survey and the searches have been done can we say what date we'd like to complete/exchange but it be a couple months in the future?
We ideally wouldn't want to complete any sooner than end of Feb/beginning of March if possible, do you think we'd be able to ask for this? Or is it a case of once all checks are done and contracts agreed its exchange and complete ASAP?
In other news - our house purchase seems to be moving along quite quickly.
Applied for DIP online with Nationwide on 23rd Nov which was accepted. Sent wage slips off on 24th Nov. They were returned on 28th/29th Nov.
Did full mortgage app online on 1st Dec, had text on 2nd Dec saying valuation had been booked for following day. Got another text on 3rd saying valuation complete and a mortgage offer was in the post.
Less than 48 hours from putting the full application in to having an offer posted I thought was pretty damn quick!
Just booked a full building survey for next Monday, providing this doesn't throw up any major issues we should be able to get everything boxed off pretty sharpish.
The house is vacant possession (think it is a Son selling for late Father) and we are FTB so no chain. We're in no real rush to move though it must be said, we didn't think we'd find a house so quickly and things to move as quickly as they have. Once everything's hunky dorey with the survey and the searches have been done can we say what date we'd like to complete/exchange but it be a couple months in the future?
We ideally wouldn't want to complete any sooner than end of Feb/beginning of March if possible, do you think we'd be able to ask for this? Or is it a case of once all checks are done and contracts agreed its exchange and complete ASAP?
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Soldato
I've literally just completed/exchanged on Friday 28th! Very happy but still annoying that the stamp duty could have been halved if I'd completed/exchanged today!
Caporegime
Good move on stamp duty, hopefully they will review council tax bands next.
Well we are due to exchange today, however with the new stamp duty things have just got a little tricky.
We are purchasing a new build home and was offered £10k in the deal to do what we wanted, we decided to use most for the stamp and the bit we had left use to put some tiling, towel rails etc.
Come today and in essence we are now £4k down and Taylor Wimpey are now gaining! My wife has been in touch with the sales office to see what we can do, obvioulsy £4k can get the whole house carpeted + whote goods and more.
I am at my witts end with it all so leaving everything up to my wife to sort!
We are purchasing a new build home and was offered £10k in the deal to do what we wanted, we decided to use most for the stamp and the bit we had left use to put some tiling, towel rails etc.
Come today and in essence we are now £4k down and Taylor Wimpey are now gaining! My wife has been in touch with the sales office to see what we can do, obvioulsy £4k can get the whole house carpeted + whote goods and more.
I am at my witts end with it all so leaving everything up to my wife to sort!
Soldato
finally after offer getting accepted in August we are exchanging today!
what a good feeling!
what a good feeling!
Associate
Finally completed last week, moved in, had a weekend away in Malta and now back to work - no curtain poles up yet but I am ready for a quiet week in our new home.
Well done Mrs GinG - good luck.
Well done Mrs GinG - good luck.
Soldato
We've been put off again Not looking likely to get in for Christmas
Not looking likely to get in for Christmas
Soldato
Well finally got notice that we'll be exchanging next week 
Ridiculous amount to do over the Xmas break but at least the sales will be on 
Ridiculous amount to do over the Xmas break but at least the sales will be on Well finally got notice that we'll be exchanging next week
Great news!
I have been advised we should be exchanging in a matter of a couple of hours...completion tomorrow!
Soldato
Great going guys.
Mine is chugging along nicely. The guy who is buying our place finally got his mortgage sorted today. Ours is already in place . Only thing now is waiting until the plac is ready which won't be until March.
I have permission from the builders to enter the property prior to it being completed to run all the networking. Gong to be fun!
Mine is chugging along nicely. The guy who is buying our place finally got his mortgage sorted today. Ours is already in place . Only thing now is waiting until the plac is ready which won't be until March.
I have permission from the builders to enter the property prior to it being completed to run all the networking. Gong to be fun!
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Ours seems to be going smoothly too (**touch wood).
Was less than 48 hours from submitting mortgage application to having an offer which was really good.
Had a full building survey done on Monday and a verbal talk through from the surveyor who highlighted a couple of points which he said weren't really major issues just things to be aware of - i.e. roof has no underfelt, however all slates and roof is in good condition. No rising damp on building which he said was good for the age, but a couple of little damp spots in one of the rooms which is most probably due to the house not being lived in and some slight damp around the timbers of the loft hatch, little bit of repointing needed on the outside.
Just waiting for his full written report to come in which i'm hoping will be tomorrow, then we can let the EA know and also let our solicitor know she can crack on with the searches etc.
We've asked if we can aim for a Feb 27th exchange/completion date which i'm hoping is pretty do'able if we get the survey in tomorrow and all the searches underway by Monday latest.
The house is vacant possession and is someone selling on behalf of their Dad (who is either dead or in a home) so theres not much hold up from their end really, we're FTB with nothing to sell aswell so shouldn't be any hold ups our end.
Was less than 48 hours from submitting mortgage application to having an offer which was really good.
Had a full building survey done on Monday and a verbal talk through from the surveyor who highlighted a couple of points which he said weren't really major issues just things to be aware of - i.e. roof has no underfelt, however all slates and roof is in good condition. No rising damp on building which he said was good for the age, but a couple of little damp spots in one of the rooms which is most probably due to the house not being lived in and some slight damp around the timbers of the loft hatch, little bit of repointing needed on the outside.
Just waiting for his full written report to come in which i'm hoping will be tomorrow, then we can let the EA know and also let our solicitor know she can crack on with the searches etc.
We've asked if we can aim for a Feb 27th exchange/completion date which i'm hoping is pretty do'able if we get the survey in tomorrow and all the searches underway by Monday latest.
The house is vacant possession and is someone selling on behalf of their Dad (who is either dead or in a home) so theres not much hold up from their end really, we're FTB with nothing to sell aswell so shouldn't be any hold ups our end.
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