Advertisement
If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)
Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie

The wait is killing me!!

  • 28-06-2019 2:58pm
    #1
    Registered Users Posts: 3,184 ✭✭✭Kenno90


    I went sale agreed on a property a couple of weeks back and now that the initial excitement has died down, im getting more and more frustrated with the lack of progress.

    Currently my solicitor is waiting on documents from the vendors solicitor but we've heard nothing all week. I understand you need to be patient but its the lack of communication that is killing me.

    How long does the average buying process take (for second hand houses). Coming up to a month in sale agreed.


«13456789

Comments

  • Registered Users Posts: 2,532 ✭✭✭A2LUE42


    took us 8 months with all the delays on the vendors side... try not to focus on the time, it will just drive you nuts.


  • Registered Users Posts: 63 ✭✭rwald7


    I sold my apartment recently. Went sale agreed last October. Sale closed, keys handed over etc at the end of March. Solicitors move at their own pace, and nothing much you can do about it unfortunately!


  • Registered Users Posts: 5,065 ✭✭✭stargazer 68


    Yep took us 4 months with Christmas in between. No delays luckily but you just never know


  • Closed Accounts Posts: 6,168 ✭✭✭Ursus Horribilis


    Mine took 6 weeks a few years ago. It was only really towards the end that communication picked up. Most of the time there isn't a lot to report really.


  • Registered Users Posts: 2,579 ✭✭✭charlietheminxx


    I put a deposit on a new build in early February. There have been delays along the way and we are probably at least 2 months away from snagging... you think your wait is bad?!


  • Advertisement
  • Registered Users Posts: 41 Jack_92


    I went sale agreed start of February and got my keys today! There were a few delays but I imagine 5 months would be standard?


  • Registered Users Posts: 3,627 ✭✭✭Wildly Boaring


    Sale agreed nearly 6 weeks ago - selling

    Took them a week to put down deposit.
    Our solicitor got contracts out within 4 days.
    Couple queries and answers in the next 5 or 6 days.

    Now nothing from the last 2 weeks.

    Sale agreed 3 weeks ago - buying
    We put deposit down that day
    Nothing at all from vendor.....

    Chatted to our solicitor today. We and he are very quick and organised.

    Seems lot of people are deffo not!!


  • Registered Users Posts: 1,453 ✭✭✭Evd-Burner


    5 weeks sale agreed.
    Official loan offer arrived to my solicitors today.
    Vendor sent contracts this week and my solicitor was immediate in querying a number of issues.

    My solicitor seems to be on the ball so I am hoping it is a fast process, we are first time buyers and the house we are buying is currently vacant so we are hoping to be in ASAP.


  • Registered Users Posts: 3,627 ✭✭✭Wildly Boaring


    Evd-Burner wrote: »
    5 weeks sale agreed.
    Official loan offer arrived to my solicitors today.
    Vendor sent contracts this week and my solicitor was immediate in querying a number of issues.

    My solicitor seems to be on the ball so I am hoping it is a fast process, we are first time buyers and the house we are buying is currently vacant so we are hoping to be in ASAP.

    For my info as a seller
    Did it take 5 weeks for your bank to issue the letter of offer?
    How long to get valuation done?

    Think this is what our delay is right now with the sale.


  • Registered Users Posts: 27,939 ✭✭✭✭looksee


    Sale agreed three weeks ago, my solicitor doesn't hang about, the contracts have arrived so apparently the vendor's solicitor is not too bad either. Within another 4 weeks I hope.

    Selling my own house went quite efficiently till the very last minute. Closing date agreed, the day of closing they decided they didn't want to buy on the 13th of the month and it had to wait another day...


  • Advertisement
  • Registered Users Posts: 1,453 ✭✭✭Evd-Burner


    For my info as a seller
    Did it take 5 weeks for your bank to issue the letter of offer?
    How long to get valuation done?

    Think this is what our delay is right now with the sale.

    Went sale agreed on the Monday of week 1 but we were still pending our AIP from the bank. We paid the booking deposit Thursday of week 1 and arranged our engineers survey for the Tuesday of week 2, Wednesday of week 2 we got AIP from the bank and a valuation was arranged for Tuesday week 3. Wednesday week 5 the solicitor received the vendor contracts and today received the loan pack.

    Now we are waiting for the vendors solicitor to answer our queries, if they had of been faster with the contracts we could have queried earlier.


  • Registered Users Posts: 12,564 ✭✭✭✭whiskeyman


    I reckon 6-8 weeks is the norm if it's fairly straightforward.
    Any issues can then cause delays.
    I presume you've your survey done?


  • Registered Users Posts: 3,627 ✭✭✭Wildly Boaring


    Yeah. On selling side
    Sale agreed and deposit week 1
    Engineer week 2
    Contracts week 2
    Contract queries week 3
    Queries answered start week 4

    Week 5 just ended.

    No bank valuer yet.

    Purchase is new build and I'm not going to start pushing them till we get further on the sale side


  • Registered Users Posts: 3,627 ✭✭✭Wildly Boaring


    We bought in 2012 in 8 weeks


  • Registered Users Posts: 2,371 ✭✭✭Westernyelp


    1st viewing to collecting key in 15 days. It's a lottery really


  • Registered Users Posts: 27,939 ✭✭✭✭looksee


    When we bought a house 30 years ago the deeds were sent back from the Land Registry to the solicitor by registered post. There was a mail robbery and our deeds vanished. New ones had to be issued. When I went to sell the house 30 years later I had to sign an undertaking that the original deeds were still missing and if they should turn up I would hand them in. I suppose stranger things have happened, but not much really.


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


    1st viewing to collecting key in 15 days. It's a lottery really

    That's pretty impressive Westernyelp.


  • Registered Users Posts: 2,371 ✭✭✭Westernyelp


    Graham wrote:
    That's pretty impressive Westernyelp.


    Vacant house. Cash buy and solicitors who happened to sync up. Lucky


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


    I'm nervous about the wait too.
    Sale agreed 4 weeks on selling.
    Sale agreed 2.5 weeks on buying.

    I have a window of 6 months to ensure that I can keep my tracker interest rate, so I really need to ensure that both timelines are pretty much co-ordinated.


  • Closed Accounts Posts: 4,007 ✭✭✭ Karina Ashy Bearded


    Three months last year but it was mainly due to problems getting mortgage protection


  • Advertisement
  • Moderators, Business & Finance Moderators Posts: 6,161 Mod ✭✭✭✭Sheep Shagger


    Put a deposit down in April 2018 on a new build, were supposed to get they keys early 2019 and now we are looking at mid July...


  • Closed Accounts Posts: 946 ✭✭✭Phileas Frog


    Apparently solicitors take August off (I'm told!) so if it's not done by the end of July, it'll be September. If that's the case, it looks as if I'll be caught out myself


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


    Apparently solicitors take August off (I'm told!) so if it's not done by the end of July, it'll be September. If that's the case, it looks as if I'll be caught out myself

    What?! :eek:


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


    Couldn't see that as an across the board thing...the courts aren't open in August but that wouldn't be a big deal for solicitors who deal mainly in property and wills etc. I do expect annual leave to get in the way of ours a bit, we are only one week in.


  • Registered Users Posts: 16,815 ✭✭✭✭Sleeper12


    Try not get too excited. Sale can fall through until contract is signed. Fing crossed all works well for you


  • Registered Users Posts: 256 ✭✭ciarang85


    How long is a piece of string,

    Went sale agreed October 2017
    Meant to close in January 2018

    Finally closed in June 2018 and the vendors we not in a chain


  • Registered Users Posts: 194 ✭✭happyfriday74


    Courts are closed but you dont need the courts for conveyancing of a house.


  • Closed Accounts Posts: 946 ✭✭✭Phileas Frog


    Courts are closed but you dont need the courts for conveyancing of a house.

    Courts closed, most solicitors go on holidays. You do need a solicitor.


  • Registered Users Posts: 10,684 ✭✭✭✭Samuel T. Cogley


    OP same advice I give everyone is keep looking. I hope it doesn't but sales fall through all the time. Ours did and although we ultimately got the house there was a period where the vendors lost the house they were buying and didn't bother to tell us.


  • Advertisement
  • Registered Users Posts: 1,889 ✭✭✭SozBbz


    OP, you need to understand what Sale Agreed means.... basically nothing. You need to calm down the excitement, its misplaced at this point. By all means plan yourselves a big slap up meal the week you sign contracts and have champagne on ice for the day you get your keys, but until then theres a lot that can go wrong.

    Also, expecting things in a few weeks is unrealistic. IMO its a 2-3 month process, assuming all is standard. Also, the last time I bought was roughly the same time period, summer months, and yep both solicitors headed off on holidays in August. Not for the whole month, but at different times, so effectively nothing happened that entire month.

    We're Sale Agreed too - am basically telling no one outside of immediate family etc, because even from that small cohort, the congratulations are frankly annoying. We are not there yet. Congratulate us when we have the keys in our paws and no sooner.

    We're trying to buy a house thats roughly 120 years old. Have had survey done which recommended further advice from roofing and damp specialists. Damp report wasnt great, but nothing awful, however the roofer has established that the entire roof covering needs to be replaced (slate and felt) so we're now back to the vendor, so its tense times. We've asked for the cost to be deducted from our offer...so that will likely go down like a tonne of bricks. We hope to be able to compromise but you never know.


Advertisement