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The nervous wait to exchange....

Discussion in 'Home and Garden' started by noj, Apr 3, 2014.

  1. IvanDobskey


    Joined: Feb 2, 2010

    Posts: 7,909

    Location: East Midlands

    Sounds like we could be exchanging contracts next week :)
  2. GhostlyPea


    Joined: Dec 30, 2004

    Posts: 4,630

    Location: Beckenham, Kent

    Got a viewing on my flat tonight, fingers crossed but not getting my hopes up

    - GP
  3. b0rn2sk8


    Joined: Mar 9, 2003

    Posts: 5,176

    Do you really like the property? Are there any alternatives on the market? I wouldn’t be buying it until the planning issue was sorted properly (e.g. not some kind of indemnity).

    Someone may correct me if I am wrong but wouldn’t there be an issue that if retrospective building regs was sought it would be inspected under the current regime, not the one from 30 years ago so may well fail on things that will be difficult to put right (e.g. thermal performance).

    Both will be a problem still when you come to sell unless they are out right, better it be on someone else’s wallet than yours.
  4. Mr Jack


    Joined: May 19, 2004

    Posts: 17,967

    Location: Kiel, Germany

    Planning is irrelevant. It's been there long enough not to be challengeable. Whether it was built to regs is more of an issue, but should be easy to determine from documents.
  5. MattTheTall77


    Joined: Dec 23, 2008

    Posts: 839

    Thanks for the replies. We do like the property, there’s nothing on the market for the same price for the size. It needs work though but we would do that anyway.

    As Mr Jack mentions there isn’t an issue with planning as it has been up so long. You are correct about regularisation, the solicitor also said it would be judged against today’s regs rather than those when it was built.

    I have emailed a structural engineer to see what they can check without pulling things apart. It would be nice to have it checked that it wouldn’t fall down, even if it has been standing for 20-30 years.
  6. mad_allan


    Joined: Dec 17, 2003

    Posts: 3,212

    Location: Peterborough

    Had my home demo today, few little snags picked up on after a thorough 2 hour inspection and all good to complete Friday. April seems a long time ago when I reserved the plot!
  7. Rroff

    Man of Honour

    Joined: Oct 13, 2006

    Posts: 66,849

    I moved in April and somehow it is October almost November already - dunno where the time has gone only feels like yesterday we were walking through the front door for the first time.
  8. krooton


    Joined: May 9, 2004

    Posts: 25,740

    Location: Leafy outskirts of London

    Same, though I am really glad we sorted out all the smart heating stuff before summer even started, it's already doing some spiffy stuff.
  9. Armageus


    Joined: May 19, 2012

    Posts: 10,473

    Location: Spalding, Lincolnshire

    Newbie first time buyer here:

    I'm looking at buying my council house via right to buy

    Have had a mortgage in principle from a lender, and have just received the valuation and discount back from the council.

    What order do I need to do things next?

    Speak to the lender and get the mortgage arranged? Or do I need to speak to a solicitor/conveyancer first?
  10. TheTallLanky77

    Perma Banned

    Joined: Feb 1, 2007

    Posts: 1

    Had a reply from the structural engineer, part of which states:

    So, given I couldn't see any cracks or movement when I have checked round, there doesn't seem much point in having them check it. SWMBO is set on the house whatever anyway.

    edit: bah, password reset to the wrong email address :(
  11. Maccy


    Joined: Nov 23, 2004

    Posts: 36,062

    Location: Herts

    @TheTallLanky77 get a thread started in Forum Content Discussion if you're having trouble accessing your other account :)
  12. MattTheTall77


    Joined: Dec 23, 2008

    Posts: 839

    Thanks Maccy, I had a brain fart when trying to log in at home, this (my normal) account is my work email and I was trying to log in using my home email. I'd forgotten it even existed, I blame the man flu!
  13. Mr Jack


    Joined: May 19, 2004

    Posts: 17,967

    Location: Kiel, Germany

    The second quote has, thankfully, come in cheaper at €3600 but still over a grand more than I was budgeting for :/
  14. Vanquish-Storm


    Joined: Apr 22, 2009

    Posts: 3,059

    Location: North-West

    Packing our stuff into storage at the moment still not got an exchange date but the house we are buying won't be completed on the same day the one we are selling will complete! Fun times!
  15. Mr Jack


    Joined: May 19, 2004

    Posts: 17,967

    Location: Kiel, Germany


    Where are you staying in the meantime?
  16. RobDogDog

    Wise Guy

    Joined: Aug 8, 2011

    Posts: 1,363

    We're done! The Mrs is picking up the keys after lunch. First time buyers and it's taken us about 7 weeks to sort out everything which isn't too bad at all.

    Now time for the house upgrades. Wish us luck!
  17. Vanquish-Storm


    Joined: Apr 22, 2009

    Posts: 3,059

    Location: North-West

    In-laws. Had the original purchase not fell through it would have been tide together but it's just easier for us to move out temporarily now. Hoping to still be in the new house by Christmas! :D
  18. koolpc


    Joined: Dec 2, 2004

    Posts: 11,590

    Location: Under The Desk, Wales

    Would you buy a property that has knotweed the other side of the rear garden fence but has a 10 year management plan in place?

    My friend likes a property that has the above. She is a cash buyer but she is worried that if she wants to sell in the future she may have issues selling it?

    She loves the house!
  19. Skillmister


    Joined: Oct 3, 2009

    Posts: 19,507

    Location: Wales

  20. Steeps


    Joined: Nov 8, 2003

    Posts: 5,002

    Location: Bedfordshire

    11 weeks in, still no date confirmed from solicitors, they have everything including exchange deposit. How soon until I declare them dead?