The nervous wait to exchange....

  • Thread starter Thread starter noj
  • Start date Start date
I accepted an offer on my place yesterday late afternoon, now need to decide on a conveyancer and keep my fingers crossed it all goes smoothly, sounds like no chain whatsoever from what my agent was saying, viewing a couple of potentials tomorrow but no hurry for me as I'll just crash at mothers in the meantime if needed.
 
Since accepting an offer on mine I haven't yet seen anything worth viewing. How long is acceptable to keep looking for your next home and keep your buyer waiting?

I guess until they pull out? Depending on "why" you're selling, could you not just get the sale done if it's a solid price and move into rented?

For me, once I decided I wanted to sell, we agreed that if we got a sale that wanted to proceed quicker than we could buy, we'd move into rented. This meant that we could a) hold out for a good price for ours if we weren't in a chain (though this ended up backwards in the end after our buyer pulled out and we had to take a lower offer to stop the chain collapsing), and b) be in a very strong position if we had moved into rented that we could move extremely quickly as and when something did become available, and potentially get a better deal on that vs someone who had a slow chain.
 
I guess until they pull out? Depending on "why" you're selling, could you not just get the sale done if it's a solid price and move into rented?

For me, once I decided I wanted to sell, we agreed that if we got a sale that wanted to proceed quicker than we could buy, we'd move into rented. This meant that we could a) hold out for a good price for ours if we weren't in a chain (though this ended up backwards in the end after our buyer pulled out and we had to take a lower offer to stop the chain collapsing), and b) be in a very strong position if we had moved into rented that we could move extremely quickly as and when something did become available, and potentially get a better deal on that vs someone who had a slow chain.

To be fair the buyer isn't in a rush, and my parents have offered to put us up until we find somewhere but, that would be a last resort. Just don't want to risk the sale.
 
To be fair the buyer isn't in a rush, and my parents have offered to put us up until we find somewhere but, that would be a last resort. Just don't want to risk the sale.

Fair enough

My parents are in exactly the same situation as you, the property market in Manchester is just mental ATM very little coming to market and when it does it sells ridiculously quickly at high prices
 
There was a meme posted on Reddit yesterday...

"Thanks for showing us this £500k house but we are really looking for a £550k house"
"Sure no problem I'll show you this house tomorrow"
 
There was a meme posted on Reddit yesterday...

"Thanks for showing us this £500k house but we are really looking for a £550k house"
"Sure no problem I'll show you this house tomorrow"
There’s some truth in this. Looking at the market I’d say the house my mrs and I are buying has probably risen 10% minimum in value. But it’s all relative.
 
Daft question , but as I've not sold / bought at the same time before - when do people generally start packing their current home up? I bought the house I'm in with the help of my parents when I left student accomodation so only had a couple of boxes to move - this time I obviously have a whole house to clear.
 
Daft question , but as I've not sold / bought at the same time before - when do people generally start packing their current home up? I bought the house I'm in with the help of my parents when I left student accomodation so only had a couple of boxes to move - this time I obviously have a whole house to clear.
It depends how you intend on moving. Removals fees are an absolute joke at the moment. Even self packing they were quoting me £850+ to move 100 yards away. In the end we managed to get a quote for £600 but that's us packing everything. We should be moving on the 18th and we have packed about 30% so far, once we exchange contracts we'll get a move on.
 
It depends how you intend on moving. Removals fees are an absolute joke at the moment. Even self packing they were quoting me £850+ to move 100 yards away. In the end we managed to get a quote for £600 but that's us packing everything. We should be moving on the 18th and we have packed about 30% so far, once we exchange contracts we'll get a move on.

Thankfully the quotes I've had come in uder £500 for my stuff moving a couple of miles away, so I'll be doing that (plus I can't drive, so don;t want to burden someone with renting a van)
 
Thankfully the quotes I've had come in uder £500 for my stuff moving a couple of miles away, so I'll be doing that (plus I can't drive, so don;t want to burden someone with renting a van)
I'd go with it in all honesty. We were quoted around £1100 I think for a full packing service and to be honest looking at where we are now I wished I'd have taken it.
 
started 6 weeks before we moved all the stuff we din't use much then on to room by room .. then rented a box van with tail lift ..3 trips and done .. tired at the end of the day .. but a lot cheaper
 
I'd go with it in all honesty. We were quoted around £1100 I think for a full packing service and to be honest looking at where we are now I wished I'd have taken it.

I've ended up paying £2400 for a full pack and move, and we only have a two-bedroom apartment! (Albeit with some chunky garden furniture). We're only moving ~60 miles too. We paid half that for a move from Manchester to London a few years ago!

Had a few quotes at ~1700-1800 ish but they couldn't do the exact day we needed. This is Pickfords though, so a "household name", a small men with ven outfit would be cheaper i assume.
 
I've ended up paying £2400 for a full pack and move, and we only have a two-bedroom apartment! (Albeit with some chunky garden furniture). We're only moving ~60 miles too. We paid half that for a move from Manchester to London a few years ago!
One of the companies that quoted me charged me £800 or so for a full packing service in 2014. That was a 4 bed to a 4 bed around 2 miles away. The same company quoted me £1200 for the same albeit shorter distance. I asked him and he basically said as they are in such demand they've put their prices up as have all their competitors. At least he didn't try and sugar coat it!
 
Daft question , but as I've not sold / bought at the same time before - when do people generally start packing their current home up? I bought the house I'm in with the help of my parents when I left student accomodation so only had a couple of boxes to move - this time I obviously have a whole house to clear.

£500 seems good. I paid about £900 to move 15miles away (I did packing)

Really depends on how many of there you are, how much stuff you have but id say start 2weeks before and gives you plenty time to get more boxes etc. I started 3 weeks before and gave me plenty of time for small amounts at the weekend and to buy more boxes etc. We did the kitchen and useful stuff a couple days before.
 
£500 seems good. I paid about £900 to move 15miles away (I did packing)

Really depends on how many of there you are, how much stuff you have but id say start 2weeks before and gives you plenty time to get more boxes etc. I started 3 weeks before and gave me plenty of time for small amounts at the weekend and to buy more boxes etc. We did the kitchen and useful stuff a couple days before.

It's only the two of us here so it should be that bad.

It's mostly the accumulation of 15 years of stuff. Which if I get my way will mostly be sold / donated / binned.
 
Ohhh, offer accepted on the place I want, has been an anxious day for sure, now fingers crossed everything goes smoothly and nothing throws the proverbial spanner in the works :D
 
Since accepting an offer on mine I haven't yet seen anything worth viewing. How long is acceptable to keep looking for your next home and keep your buyer waiting?
We accepted an offer on ours yesterday, but there's nothing out there that we want that isn't instantly sstc.

So I might be finding out how (im)patient our buyer is soon.

I would be tempted to move into rented to complete and be in a stronger position when something does come up, but it feels like too much of a risk with a young family.
 
Back
Top Bottom