The nervous wait to exchange....
- Thread starter noj
- Start date
lol yeah, not funny at the time I bet! Bet you got over it quick enough though.
GZ on completion
It happens, its part of the make you see the competition trick that EA's like to play. The same as booking you a 20min slot but getting the next viewers to come round after 15mins.
Ignore the other people, do your viewing and stay objective!
so, a little update:
cash buyer had matched our offer. estate agent said they didn't want a bidding war so had asked the other party what their max was, then phoned me and asked what i was prepated to pay. i'd already decided i'd go another 5k over asking but no more.
estate agent said that is more than the other party, but the executor selling the property will have to choose between a cash buyer for slightly less or us for more but will take a bit longer.
got a phone call back to say they'd accepted our offer but we need to not delay as the cash buyer is extremely unhappy.
i was under the impression though at any time up until completion the other party if they wanted could throw in another offer?
finding it difficult to get a good reliable conveyancer, the one i used last time i must have got lucky with as there is a huge thread on moneysavingexpert ****ging them off, lol.
cash buyer had matched our offer. estate agent said they didn't want a bidding war so had asked the other party what their max was, then phoned me and asked what i was prepated to pay. i'd already decided i'd go another 5k over asking but no more.
estate agent said that is more than the other party, but the executor selling the property will have to choose between a cash buyer for slightly less or us for more but will take a bit longer.
got a phone call back to say they'd accepted our offer but we need to not delay as the cash buyer is extremely unhappy.
i was under the impression though at any time up until completion the other party if they wanted could throw in another offer?
finding it difficult to get a good reliable conveyancer, the one i used last time i must have got lucky with as there is a huge thread on moneysavingexpert ****ging them off, lol.
Caporegime
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Yes, you can still lose it right up to exchange. That's England for you.
Hopefully the seller is true to his word and if he really wants to sell it then he won't want to wait more after 4 weeks into the process.
Hopefully the seller is true to his word and if he really wants to sell it then he won't want to wait more after 4 weeks into the process.
That sounds horrendous! At least all other major milestones have been reached. We're currently waiting to hear back from the valuation/report, how long did Colleys take to get it to you?
Don
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Had some news back about potential asbestos, and some parts of the extension not having building regs confirmed, so hoping to get that sorted through solicitors today. Was hoping to exchange tomorrow, but this might throw a spanner in the works!
Still waiting on the council searches. Been 2 weeks now, hopefully we'll get something by the end of the month. Our solicitors have received the draft contracts from the vendors so hopefully we're not too far off. It's only a 2 house chain as well so fingers crossed the vendors purchase is going well.
Associate
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Well our solictor is waiting on responses to 2 enquiries from the sellers solicitor but beyond that I think we are almost good to go.
We have signed our half of the exchange paperwork and I guess its just down to the seller now.
Annoyingly it looks like it will complete the day we go on holiday. Which doesnt really please me very much as I wanted it all over and done with before we went away.
Fingers crossed though I guess!.
We have signed our half of the exchange paperwork and I guess its just down to the seller now.
Annoyingly it looks like it will complete the day we go on holiday. Which doesnt really please me very much as I wanted it all over and done with before we went away.
Fingers crossed though I guess!.
Associate
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Yeah its been seriously frustrating for us due to our upcoming holiday and how desperate ourselves and the seller were to get things complete.
Considering the offer was accepted on April 11th and we still aren't complete I'm not best pleased with our local council. Taking over 4 weeks to return searches is a joke really.
Its impact has been pretty huge on us. We are gonna need to come back from USA and then move house within a limited time from our return as we will need to be out of our rental around then too.
I had planned to stay in our rental for a month while we did all important jobs to the new place. Instead it looks like we will have to live around rewires/combi install
Yeah its been seriously frustrating for us due to our upcoming holiday and how desperate ourselves and the seller were to get things complete.
Considering the offer was accepted on April 11th and we still aren't complete I'm not best pleased with our local council. Taking over 4 weeks to return searches is a joke really.
Its impact has been pretty huge on us. We are gonna need to come back from USA and then move house within a limited time from our return as we will need to be out of our rental around then too.
I had planned to stay in our rental for a month while we did all important jobs to the new place. Instead it looks like we will have to live around rewires/combi install
Unlucky, my offered was accepted 7th April, and we complete next friday, I have been pushing like mad as like you I have to get out of the rented house but the new house needs a fair bit of work first so i needed a cross over period of around 2/3 weeks.
Good luck
Just had the mortgage offer through. Pretty good feeling after all the ambiguity and speculation on my part over the past few weeks. The report hasn't got through to us yet but surprise surprise, the valuation appears to be bang on the asking price.
All our searches are done, so it should just be a case of moving to exchange as far as I'm aware? Obviously it depends on what we read in the report, but there can't be anything too major or the valuation would have been dodgy.
All our searches are done, so it should just be a case of moving to exchange as far as I'm aware? Obviously it depends on what we read in the report, but there can't be anything too major or the valuation would have been dodgy.
Associate
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Has your solictor had the offer too? If so, and they have no queries from the searches then yeah I think you are good to go.
Probably in ya new place within 2 weeks
If ya using FHTB the solicitor will put a request for funds in so expect 10 days for them too.
Probably in ya new place within 2 weeks
If ya using FHTB the solicitor will put a request for funds in so expect 10 days for them too.
Associate
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We got our Hom****** report carried out and returned within a week which was fast compared to most people, however everything else after that slowed down.
We are looking to offload the deposit onto the solicitor next week before we go on holiday. Woulda been nice to complete before we leave but Im not sure that will happen.
Will be nice for the seller if she can get her funds and move out while we are gone, then we can return from holiday and collect keys.
Associate
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We're just about to join you guys in the wait to exchange. We've had the vendor come back to us with an offer that we're happy with and so when the estate agent opens this morning I'll phone up and accept. 
It's going to be our first house.
It's going to be our first house.