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Hi all,
Vanilla are planning an update to the site on April 24th (next Wednesday). It is a major PHP8 update which is expected to boost performance across the site. The site will be down from 7pm and it is expected to take about an hour to complete. We appreciate your patience during the update.
Thanks all.

The wait is killing me!!

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Comments

  • #62
    Graham
    Moderators, Society & Culture Moderators Posts: 17,642 Mod ✭✭✭✭Graham


    The deposit is usually refundable however you pay.


  • #63
    MrPropertyGuru
    Registered Users Posts: 6 ✭MrPropertyGuru


    Graham wrote: »
    The deposit is usually refundable however you pay.

    Yes, of course, the emphasis was more on '' getting a receipt directly ''

    It could be difficult to refund a booking deposit without a receipt.


  • #64
    Kenno90
    Registered Users Posts: 3,184 ✭✭✭Kenno90


    Uglysoik1 wrote: »
    When exactly do you get your receipt after paying the booking deposit? I paid mine last week after agreeing on a price with EA. Thanks!

    I had to email my EA to get it, after about 4-5 days. The usual "Oh i forgot to send it, silly me"


  • #65
    MrPropertyGuru
    Registered Users Posts: 6 ✭MrPropertyGuru


    Kenno90 wrote: »
    I had to email my EA to get it, after about 4-5 days. The usual "Oh i forgot to send it, silly me"

    Can happen. We're all human! :)


  • #66
    Uglysoik1
    Registered Users Posts: 42 ✭Uglysoik1


    Kenno90 wrote: »
    I had to email my EA to get it, after about 4-5 days. The usual "Oh i forgot to send it, silly me"
    Guessed so - had to email him ;) :eek:


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  • #67
    Uglysoik1
    Registered Users Posts: 42 ✭Uglysoik1


    Hi all,
    How long does the average buying process take (for second hand houses).
    Coming up to a month in sale agreed and the wait is totally killing me.
    TY


  • #68
    Wildly Boaring
    Registered Users Posts: 3,629 ✭✭✭Wildly Boaring


    Now on week 11 of sale.
    Purchaser to sign contracts early next week for close in 3 weeks time.

    Holidays have not helped

    Have you got contracts from vendor's solicitor. Have you done all you can, engineer, valuer, letter of offer for mortgage?


  • #69
    Star Lord
    Registered Users Posts: 30,123 ✭✭✭✭Star Lord


    Uglysoik1 wrote: »
    Hi all,
    How long does the average buying process take (for second hand houses).
    Coming up to a month in sale agreed and the wait is totally killing me.
    TY

    We went sale agreed in early-mid May. Contracts have been signed, but nothing is finalised as of yet, as they're still waiting for their chain to be completed before they return the sale contract to us.

    It's a frustrating wait alright!


  • #70
    Corruptedmorals
    Registered Users Posts: 4,194 ✭✭✭Corruptedmorals


    Yeah it's a slow time of year for things to move, traditional legal annual leave season and the banks are a bit slower too. 3 months is still average.

    We are coming up on 7 weeks sale agreed on Monday. Everything we could have done has been done but no contracts yet, Solicitor and estate agent are chasing the other side. The deeds are with a building society we are guessing from the land registry and they're not known for being quick to release paperwork. Not worrying and still trying to be patient just would love a September close. Still possible!


  • #71
    Sunrise_Sunset
    Registered Users Posts: 1,211 ✭✭✭Sunrise_Sunset


    We are 9 weeks sale agreed on property we're selling.
    8 weeks sale agreed on property we're buying.
    All contracts signed now. Due to close in a week and a half. Hoping the dates stay as the are and no delays.


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  • #72
    SozBbz
    Registered Users Posts: 1,889 ✭✭✭SozBbz


    We're about 7 weeks in and not made major progress.

    We had an issue in that our survey uncovered something that required further investigation by specialists and then a slight renegotiation, so that whole thing probably took 3/4 weeks.

    My solicitor has the formal mortgage offer from the bank and the contracts from the vendors solicitor, but no feedback beyond that yet.

    Not expecting too much to happen in August with annual leave etc!


  • #73
    Kenno90
    Registered Users Posts: 3,184 ✭✭✭Kenno90


    I'm just passed the 8 week mark. Everything is done and dusted with a closing date of the 28th.

    The vendors requested the closing date of the 28th as they need to clear the house and are going on holidays.

    Fingers crossed there is no delays from that date. Whole process has been pretty straight forward. Im one of the lucky ones and when i created this thread my own impatience was the biggest problem


  • #74
    beertons
    Hosted Moderators Posts: 23,055 ✭✭✭✭beertons


    Good man Kenno. Impatience is a killer. Jeez, I think it took me 6 months to close back in the day. We aged a bit faster.


  • #75
    Sunrise_Sunset
    Registered Users Posts: 1,211 ✭✭✭Sunrise_Sunset


    It's getting a bit exciting at this point. Next week we'll be putting all of our things into storage and eagerly awaiting our closing day. Hoping all goes to plan, at least in and around closing day.


  • #76
    Uglysoik1
    Registered Users Posts: 42 ✭Uglysoik1


    Wildly Boaring wrote: »
    Now on week 11 of sale.
    Purchaser to sign contracts early next week for close in 3 weeks time.

    Holidays have not helped

    Have you got contracts from vendor's solicitor. Have you done all you can, engineer, valuer, letter of offer for mortgage?

    Agree with you there. No, I haven't signed the contract yet but got everything else done.;)


  • #77
    realmoonunit
    Registered Users Posts: 86 ✭✭realmoonunit


    Bank had Qualification of title for over 2 weeks before they decided that they needed more information! Wasted time on this section is a real pain in the ass.


  • #78
    Corruptedmorals
    Registered Users Posts: 4,194 ✭✭✭Corruptedmorals


    7 weeks after sale agreed for the contracts and we can't sign for another 2 weeks as our solicitor is away. It'll be worth it in the end but buying a house in summer is such a pain. Hopefully the closing date is mid-end September as the sellers are not in a chain either and the house is fairly bare. So we will be bang on the 3 month mark most likely and that's with getting the survey, loan underwriting, valuation and insurances ready to go within the 4 week mark.

    I don't think you should be allowed put your house on the market without deeds and any extra paperwork such as certification for extensions already retrieved.


  • #79
    fg1406
    Registered Users Posts: 433 ✭✭fg1406


    Bought in 2017 and it was 8 months from sale agreed to signing contracts. Met with walls of silence from vendors solicitor. It was the most awfully stressful time. Completely unnecessarily so. If only we had been told by the vendors that they weren’t able to move until a certain date, we wouldn’t have ended up almost homeless and having nowhere to store our new furniture.


  • #80
    Kenno90
    Registered Users Posts: 3,184 ✭✭✭Kenno90


    beertons wrote: »
    Good man Kenno. Impatience is a killer. Jeez, I think it took me 6 months to close back in the day. We aged a bit faster.

    Ah beertons, my old Call of Duty pal :p Look at how we've grown. Hope your keeping well man


  • #81
    NSAman
    Registered Users Posts: 3,386 ✭✭✭NSAman


    Purchased a property last year, complicated sales route involving banks that took two years. Once price agreed we closed in two weeks, cash sale.

    We were organized and had everything ready, solicitor on the other side was not ..my solicitor is a personal friend who put serious pressure on.


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  • #82
    Kenno90
    Registered Users Posts: 3,184 ✭✭✭Kenno90


    NSAman wrote: »
    Purchased a property last year, complicated sales route involving banks that took two years. Once price agreed we closed in two weeks, cash sale.

    We were organized and had everything ready, solicitor on the other side was not ..my solicitor is a personal friend who put serious pressure on.

    ok you win, 2 years, i'd have given up and looked at other properties


  • #83
    NSAman
    Registered Users Posts: 3,386 ✭✭✭NSAman


    Kenno90 wrote: »
    ok you win, 2 years, i'd have given up and looked at other properties
    It’s what I wanted, I was willing to wait, for me it was worth the wait. I was also not purchasing a main home to live in, its slightly different in that sense, time made no difference.


  • #84
    Evd-Burner
    Registered Users Posts: 1,456 ✭✭✭Evd-Burner


    We were supposed to close yesterday but our solicitor only submitted the cheque requisition form on Wednesday and the bank still haven't released the funds. The funds are to be electronically transferred.

    Does anybody with experience know how long those funds will take to arrive in my solicitors account once released? Assuming they are different banks.

    Also then once released and our solicitors send the money to the vendors solicitors do we have to wait until the vendor receives confirmation that they have the money until we get the keys or how does it work?


  • #85
    sp00k
    Registered Users Posts: 108 ✭✭sp00k


    I'm almost 4 months from sale agreed now, some easement issue with the land registry has been holding everything up for 2 months, neither side can do anything till this is resolved by the land registry whom have been totally silent as far as I'm aware. The lack of communication is the worst part about it.


  • #86
    Kenno90
    Registered Users Posts: 3,184 ✭✭✭Kenno90


    Evd-Burner wrote: »
    We were supposed to close yesterday but our solicitor only submitted the cheque requisition form on Wednesday and the bank still haven't released the funds. The funds are to be electronically transferred.

    Does anybody with experience know how long those funds will take to arrive in my solicitors account once released? Assuming they are different banks.

    Also then once released and our solicitors send the money to the vendors solicitors do we have to wait until the vendor receives confirmation that they have the money until we get the keys or how does it work?

    It depends on the bank, AIB have been known to do it 2-3 days, possibly taking a little bit longer.

    My solicitor applied for the funds to be released weeks ago, and they lost the request. Luckily we are not closing till this wednesday so there still should be plenty of time to get it by then.

    Yes the vendor solicitor needs to confirm to the sellers they have the money. Why would they hand over the keys if their solicitor didnt have the money? Take could take another day to appear in their account.


  • #87
    Evd-Burner
    Registered Users Posts: 1,456 ✭✭✭Evd-Burner


    Kenno90 wrote: »
    It depends on the bank, AIB have been known to do it 2-3 days, possibly taking a little bit longer.

    My solicitor applied for the funds to be released weeks ago, and they lost the request. Luckily we are not closing till this wednesday so there still should be plenty of time to get it by then.

    Yes the vendor solicitor needs to confirm to the sellers they have the money. Why would they hand over the keys if their solicitor didnt have the money? Take could take another day to appear in their account.

    Yeah that's what I was thinking re the vendors solicitors but I was hoping otherwise. I'm hoping the vendors solicitors is AIB as my solicitor is so it would be instant.

    Probably be Wednesday or even Thursday at this stage.


  • #88
    Weepsie
    Moderators, Sports Moderators Posts: 19,732 Mod ✭✭✭✭Weepsie


    We went sale agreed early April.

    Vacant house (owner deceased, being sold by family) so hoped it would be straightforward. Trundled along until late June and then it just seemed to stop dead.

    KBC seem to take weeks to reply to the simplest of questions and used the wrong address to contact our solicitor at one point. The sellers were asking us in May if they could clear out, then July, then end of August.

    We're hoping it's all done this week, but the house needs work and we lost the chance to do stuff over summer for reasons we can't fathom. Delays for the sale of delays.

    Won't be doing it again I hope


  • #89
    Kenno90
    Registered Users Posts: 3,184 ✭✭✭Kenno90


    Sale Closed today, I cant believe i was complaining about lack of progress after 1 month sale agreed.

    All in all it took 11 weeks from sale agreed to closing. I think im one of the lucky ones.


  • #90
    Sunrise_Sunset
    Registered Users Posts: 1,211 ✭✭✭Sunrise_Sunset


    We got our keys today too!!
    11 weeks after going sale agreed.
    The relief!


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  • #91
    lucast2007us
    Registered Users Posts: 801 ✭✭✭lucast2007us


    Got our keys on Friday after 8 months


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