The nervous wait to exchange....

  • Thread starter Thread starter noj
  • Start date Start date
Classic Blue Theme said:
Congrats! Exciting times. If only all humans were fair and reasonable, the whole process would be so much easier!
Click to expand...

True. It was amusing as the husband asked whether we’d meet in the middle at 330 (we said 335 and they initially offered 325) and the wife’s face looked appalled and credit to my wife she stuck to 335.
I’d have agreed!

Now the real excitement kicks in.
 
Just looking over the quote from Strikes own Conveyancing partner which was a fairly reasonable quote and similar to another i was going to use. Scrolled down to the terms and spotted that Strike get a referral fee of £450+VAT

Found out the name of the company and got a quote direct. Saved £400 :D
 
Martynt74 said:
Just looking over the quote from Strikes own Conveyancing partner which was a fairly reasonable quote and similar to another i was going to use. Scrolled down to the terms and spotted that Strike get a referral fee of £450+VAT

Found out the name of the company and got a quote direct. Saved £400 :D
Click to expand...
I'd be careful using any conveyancer that's linked to an estate agent, look at reviews of the conveyancer on Google or Trustpilot.
They might be cheaper than a local solicitor but you they're normally cheap for a reason!

In this case they were probaby chosen as Strikes partner just because they gave them a kick-back.
 
nst68 said:
I'd be careful using any conveyancer that's linked to an estate agent, look at reviews of the conveyancer on Google or Trustpilot.
They might be cheaper than a local solicitor but you they're normally cheap for a reason!

In this case they were probaby chosen as Strikes partner just because they gave them a kick-back.
Click to expand...

Yeah, it's a fair comment

Reviews don't seem too bad, especially compared to others. Certainly not great, but not horrendous either. Although enough to cause some second thoughts!
myhomemoveconveyancing.co.uk

Get quotes for your home move

Get a personalised conveyancing quote and other home moving services. We work with industry experts to help guide you into your new home.
myhomemoveconveyancing.co.uk myhomemoveconveyancing.co.uk

Annoying as they have replied to most bad comments asking for further details but never get a response.
 
Last edited:
Martynt74 said:
Yeah, it's a fair comment

Reviews don't seem too bad, especially compared to others. Certainly not great, but not horrendous either. Although enough to cause some second thoughts!
myhomemoveconveyancing.co.uk

Get quotes for your home move

Get a personalised conveyancing quote and other home moving services. We work with industry experts to help guide you into your new home.
myhomemoveconveyancing.co.uk myhomemoveconveyancing.co.uk

Annoying as they have replied to most bad comments asking for further details but never get a response.
Click to expand...
I used myhomeconveyancing recently to sell a rental property. Though it was a simple transaction (no chain), they were pretty good. The estate agents said they were terrible and you had to constantly chase them but they were easy to get hold of and didn’t have any issues. I may have just got lucky with which solicitor they assigned however.

Two years ago we used a local firm to buy/sell and they were a nightmare.
 
b0rn2sk8 said:
Not to be rude but they are not cash buyers. A cash buyer = has the cash in the bank ready to go. Anything else = not a cash buyer. If you actually had a cash buyer, you’d be moving in 3-5 weeks.

A first time buyer with a mortgage agreement in principle is more attractive than your buyer is. Having a buyer contingent on the sale of their own property is basically the worst kind of buyer and is what you have.

I wouldn’t hold the house for 5 weeks while they try and find a buyer, in the mean time your house advert will get stale and encourage others to low ball you in the future.

I get they may want it, but their new buyer may have 6 houses in the chain below it or they may not get as much for theirs and come back and reduce their offer on yours in 4.5 weeks time.

They might sort it in a week but I would continue to take viewings in the mean time. You might get a batter offer and you can at least play them off against each other.
Click to expand...

This happened to us.
Originally our sellers declined our offer for a cash buyer. 2 weeks later turns out the cash buyer were not a cash buyer. So they went with our higher offer.
 
Didn’t think I’d be back here but sadly mil passed in March so her house is up for sale, so this is now our first sale experience.

I know the markets gone off since we bought last year but the EA’s have annoyed us. Had 3 out to value the house and all gave similar ranges, we put it up at the bottom of their range last week. Had one viewing and the ea is now saying people think it’s too expensive and we should look to lower the price already…I get it’s only worth what someone is willing to pay but they advised the price and I’d have thought they’d have known this when they listed it….
 
Wouldn't hold anything against them tbh if I were you. Market is uncertain at the moment and they will have been selling less houses recently so it's much harder to gauge what it will sell for. Easier for them to price up accurately when the markets moving but it if they've had no interest you can either lower price as they suggest or hold firm till the market catches up to you .
 
gazref said:
Wouldn't hold anything against them tbh if I were you. Market is uncertain at the moment and they will have been selling less houses recently so it's much harder to gauge what it will sell for. Easier for them to price up accurately when the markets moving but it if they've had no interest you can either lower price as they suggest or hold firm till the market catches up to you .
Click to expand...
I guess, just figured they’d have been closer and not suggesting a drop after just a week, maybe they’re still use to last year with 10+ viewings booked on the first week of advertising.

I think my wife’s idea to hold for the moment might be best as we are waiting on probate and maybe they’d be more interest after summer holidays.
 
friddela said:
I used myhomeconveyancing recently to sell a rental property. Though it was a simple transaction (no chain), they were pretty good. The estate agents said they were terrible and you had to constantly chase them but they were easy to get hold of and didn’t have any issues. I may have just got lucky with which solicitor they assigned however.

Two years ago we used a local firm to buy/sell and they were a nightmare.
Click to expand...
I used them as well, they were ok, no major complaints except they charged us 300 quid extra to complete a few days early.
 
Itchytrigg said:
Didn’t think I’d be back here but sadly mil passed in March so her house is up for sale, so this is now our first sale experience.

I know the markets gone off since we bought last year but the EA’s have annoyed us. Had 3 out to value the house and all gave similar ranges, we put it up at the bottom of their range last week. Had one viewing and the ea is now saying people think it’s too expensive and we should look to lower the price already…I get it’s only worth what someone is willing to pay but they advised the price and I’d have thought they’d have known this when they listed it….
Click to expand...
They tell you a slightly inflated price to get the business then try to chip you down.
 
My biggest gripe with estate agents is for the most part they don't really have a hard job. They all use the same software portal in the background getting fed from Rightmove and they all turn up with the same printouts just with their logos on.

One of the things I always do is never let them know what I think the place is worth. I want them to tell me what it's worth, not for them to try and beat my expectations.
 
Estate agent has been round to take photos and measure up, listing should be up by tomorrow.

The garage is now rammed with all the clutter we've removed :D
 
Memo of sale issued today for my purchase, my sale is already well underway. I reckon 3 months till actually own the other house and out of this one, can't wait. Big move this one, relocating back up North to family.

By the time it's done it will be about 8 months start to finish :O
 
What’s the general timing on a house being marked on Rightmove as Sold STC.

Made an offer on a place earlier this week, it was declined and the vendor accepted an offer “substantially over asking”. We really like the house but felt asking price was fair since it needs a lot of time and money invested so that’s that. But it’s not listed as sold stc on Rightmove…
 
Tesla said:
What’s the general timing on a house being marked on Rightmove as Sold STC.

Made an offer on a place earlier this week, it was declined and the vendor accepted an offer “substantially over asking”. We really like the house but felt asking price was fair since it needs a lot of time and money invested so that’s that. But it’s not listed as sold stc on Rightmove…
Click to expand...

It's usually when the estate agents have exchanged information and agreed that the chain is proceedable. Solicitors information is shared and a memorandum of sale is published.

I'm sure some agents don't change the status in Rightmove for period of time as it's kind of like free advertising to get people 'on the books'.
 
You must log in or register to reply here.
Back
Top Bottom