Soldato
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- 2 Jul 2019
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- 2,637
My FTB ended up exchanging and completing on the day before my offer ran out. Literally a week before they somehow managed to get things moving. A god damn week. So just a heads up.
The nervous wait to exchange....
- Thread starter noj
- Start date
My FTB ended up exchanging and completing on the day before my offer ran out. Literally a week before they somehow managed to get things moving. A god damn week. So just a heads up.
Soldato
- Joined
- 1 Jul 2007
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- 5,392
A
Mortgage came through and accepted an offer on ours.
Now it's feeling a bit of being stuck in limbo, too early to start packing or do anything else really.
The house needs loads of work, and randomly the thing I am most "stressing" about is the removal of the sinks in two of the bedrooms. I think it's one of those ones where assigned ourselves to do it and until we're in the house we won't know how they've been plumbed in regards to stop valves etc, it's a simple job that could take a lot longer.
Mortgage came through and accepted an offer on ours.
Now it's feeling a bit of being stuck in limbo, too early to start packing or do anything else really.
The house needs loads of work, and randomly the thing I am most "stressing" about is the removal of the sinks in two of the bedrooms. I think it's one of those ones where assigned ourselves to do it and until we're in the house we won't know how they've been plumbed in regards to stop valves etc, it's a simple job that could take a lot longer.
These things are bloody brilliant.
https://www.diy.com/departments/jg-...-fit-stop-end-dia-15mm-pack-of-2/34416_BQ.prd
Turn off water at the stop valve. Remove pressure by opening a tap below the point you need to cap off, then cut and bang one of these on. Makes plumbing a doddle.
https://www.diy.com/departments/jg-...-fit-stop-end-dia-15mm-pack-of-2/34416_BQ.prd
Turn off water at the stop valve. Remove pressure by opening a tap below the point you need to cap off, then cut and bang one of these on. Makes plumbing a doddle.
They are indeed, just make sure you also use the pipe inserts if you have plastic pipes.
Soldato
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- 1 Jul 2007
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- 5,392
Cheers, I do "get" plumbing having replaced the sink and repaired (off the wall) the toilet here, it might be I have a little knowledge but not enough to be comfortable to plan what needs done. I often get hung up on little things like this where you don't know what will happen till you start doing it and often need to learn on the spot.
The sinks are back to back so I'd imagine they'll share a supply and waste, but then it's finding where they spur off from supplu. Replacing that joint so there's no dead ends, most likely imperial sizing on pipes, can you just cap a waste pipe etc?
As said I do get hung up on random things. There's bigger costs to be concerned about, eg central heating install, but as this will be a company it's not a concern for doing the work.
Most likely either 32mm or 40mm piping.
My best advice, take a trip to B&Q and just spend half an hour looking down the plumbing aisle and get an idea of what is available. Have a fiddle and see how it all fits together and what's possible. It's virtually lego, things are all designed to slot together neatly and reliably. I generally stick to speed fit and flo plast range.
Soldato
- Joined
- 3 Oct 2009
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- 19,893
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- Wales
I was the same, hit October 2019 and couldn't believe it had been 2 years. Took till January for my remortgage to go through as my fixed rate was for 15 months for some reason
and now it's been another year already what the hell?!
Soldato
- Joined
- 2 May 2011
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- 12,147
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- Woking
Bad news for us. We "sold" our house at the end of November. First viewer on the second round of viewings we had (first was stopped by my wife being made redundant). Everything has been going very well. We signed up to buy another house on help to buy, second time around, which means we had to exchange by the end of February and complete by the end of March.
We received a phone call yesterday afternoon to say that our buyer had been made redundant, so now we're back to square one. I don't want to lose the new build house as it's a good step up for us, and I don't want to tell the vendor yet. I'm going to give it until Friday. But chances are, we'll lose it.
On a positive note, the house went back on the market yesterday afternoon and we have a viewing in about 25 minutes from now! But I somehow doubt it's going to be another one hit wonder.
We received a phone call yesterday afternoon to say that our buyer had been made redundant, so now we're back to square one. I don't want to lose the new build house as it's a good step up for us, and I don't want to tell the vendor yet. I'm going to give it until Friday. But chances are, we'll lose it.
On a positive note, the house went back on the market yesterday afternoon and we have a viewing in about 25 minutes from now! But I somehow doubt it's going to be another one hit wonder.
We had something similar happen (in Woking, Surrey as it happens) a few years ago. Buyer pulled out 2 months into the process with only a few weeks left to go, went back on the market on Friday 3pm, had sold it for £2.5k more on Saturday 1pm (3 viewings, 2 offers).
It was handy that the agent we used was also the agent for the house we were buying so they kept the problems from our sellers and only informed them once things were rolling and paperwork was in hand the following week.
Who is your agent and where in Woking is the property?
Soldato
- Joined
- 2 May 2011
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- 12,147
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- Woking
Sorry to hear that happened to you. That's great that they managed to turn it around so quickly! I remain optimistic that we can do the same, but we're both heartbroken as well. I'm not sure that the developer that we were buying from will be willing to wait, and I'm holding off telling them for a couple of days because it's a bit much to deal with, and I want to buy us time.
We're selling with Seymours. We're on the way out of Woking towards Guildford.
Seymours are who we used, one of my best friends is an EA (based in Woking) and Seymours are without a doubt the best.
Soldato
- Joined
- 2 May 2011
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- Woking
They are indeed very good. Is that where your friend works?
I really hope they can find another buyer. I'm going to have to negotiate some sort of grace period with our vendor in the meantime.
Edit: minor update, I spoke to our vendor and they seem to be giving us the breathing room that we need to find a buyer before the end of this month, which I'm hugely relieved about. We've had one viewing already and two more are booked in...let's hope the right one comes through the door soon.
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Well for the second time, my house sale has fallen through due to my buyer!
For the house im buying they're keen to keep me purchasing (as am I) but 15k stamp duty hangs in the balance.
If I receive a new buyer promptly, will circa 10weeks be enough to exchange? As my old buyer had the searches done they could get the searches from their solicitor.
For the house im buying they're keen to keep me purchasing (as am I) but 15k stamp duty hangs in the balance.
If I receive a new buyer promptly, will circa 10weeks be enough to exchange? As my old buyer had the searches done they could get the searches from their solicitor.
Wow that sucks, unlucky doesn't cut it. 10 weeks may be pushing it but as you say the searches would've been one of the long parts
Revisiting this to give a little update... I withdrew from the house purchase and started renting a place to myself (was previously in a flat share with 4 others) to give myself a little space and more time to figure things out. Found a 2 bed flat I liked the look of in South London in November... due to complete on Friday next week
So we are now just over 8 weeks into our house purchase with no chain. I was hoping to have news on an exchange date some time this week but our solicitor seems pretty quiet since the Christmas break.
We are lucky to not be in a massive rush (providing it completes before stamp duty holiday deadline) but I hate how things drag on for no reason.
We are lucky to not be in a massive rush (providing it completes before stamp duty holiday deadline) but I hate how things drag on for no reason.
We were at that stage, and our buyers solicitor dragged his heels slowing the whole process down. Ended up completing 2 months after the date we'd originally all agreed on.
The solicitors do this so that they're out of pocket as little as possible incase the buyer pulls out at each stage.
Just had a call from the onward vendors estate agent, and I'm not sure how to take it. The situation is as follows:
I lowered the asking price of my house significantly to secure a sale to get a house that my mrs and I really wanted. I've agreed sell this house for £255k and we had an offer of £465k accepted on the house we want. It is £10k below their asking due to lowering my house from the original £300k. Their EA thinks we sold for £250k, so a £5k there, not sure if that really matters.
I've paid an initial £300 to my solicitors for the sale and draft contracts have been sent to the buyers solicitors and as I posted just above their lenders surveyor are booked in to come round in two weeks time.
The vendors of the house we are buying from are a married couple and are splitting up. The husband has a house already he's in the process of moving into. It's another house they both own, I don't know any details beyond that. The wife has been looking since before Christmas and hasn't found anything yet.
When my mrs and I originally viewed it at the end of last year, the wife showed us around. I jokingly said she should buy my house and she said she'd seen it online, but she needs 3 double bedrooms which mine doesn't have. Fair enough.
The call today from her EA was to explain that she hasn't managed to find anywhere but she's really committed to finding somewhere and the sale. So much so she's now suggested that she buys my house (pending viewing). I guess that would make things easier as I no longer have to wait for her to find somewhere and it could significantly reduce the complexity of the onward chain (my buyer is chain free). This has the knock on effect that I should avoid a significant stamp duty payment. But then I have already paid money to my solicitors and I don't know how they would take it all of a sudden changing the buyers details. It's also a dick move to my buyer, although as far as I can tell they're an investment family and will probably just rent it out.
I guess I should at least allow her to view it and then come to a decision should she agree she wants it. But I'm a bit stuck with making a decision.
I lowered the asking price of my house significantly to secure a sale to get a house that my mrs and I really wanted. I've agreed sell this house for £255k and we had an offer of £465k accepted on the house we want. It is £10k below their asking due to lowering my house from the original £300k. Their EA thinks we sold for £250k, so a £5k there, not sure if that really matters.
I've paid an initial £300 to my solicitors for the sale and draft contracts have been sent to the buyers solicitors and as I posted just above their lenders surveyor are booked in to come round in two weeks time.
The vendors of the house we are buying from are a married couple and are splitting up. The husband has a house already he's in the process of moving into. It's another house they both own, I don't know any details beyond that. The wife has been looking since before Christmas and hasn't found anything yet.
When my mrs and I originally viewed it at the end of last year, the wife showed us around. I jokingly said she should buy my house and she said she'd seen it online, but she needs 3 double bedrooms which mine doesn't have. Fair enough.
The call today from her EA was to explain that she hasn't managed to find anywhere but she's really committed to finding somewhere and the sale. So much so she's now suggested that she buys my house (pending viewing). I guess that would make things easier as I no longer have to wait for her to find somewhere and it could significantly reduce the complexity of the onward chain (my buyer is chain free). This has the knock on effect that I should avoid a significant stamp duty payment. But then I have already paid money to my solicitors and I don't know how they would take it all of a sudden changing the buyers details. It's also a dick move to my buyer, although as far as I can tell they're an investment family and will probably just rent it out.
I guess I should at least allow her to view it and then come to a decision should she agree she wants it. But I'm a bit stuck with making a decision.