The wait is killing me!!

Mitch Connor · 30-08-2019 12:25pm

Signed contracts on my first home on Wednesday - new build so noww have to wait for them to finish building it (and the rest!). Bought a cancellation rather than straight off plans so I shouldn't be too far off; the house is structurally built, windows in, garden fences up - but I don't know what the status of the inside is, and I think there are infrastructure things to be finished too with regards Water and Electricity.

Hoping to be in before christmas - we were told Sep 1 to Nov 1 a month back for the phase we are in, but the reality is probably going to be very different.

Uglysoik1 · 02-09-2019 6:05pm

So just spoke to my solicitor and he hasn't received anything from the vendors side.
It's been almost 8 weeks since I went sale agreed. I've been ringing the EA every week same thing 'I'm going to contact the vendors solicitor now' he says to me everytime.
Don't know what to do and the wait is just too much to handle!

Wildly Boaring · 02-09-2019 6:36pm

This goes back to a point I made near the start of the thread.

Basically estate agents are secondhand car salesmen not professionals.

You ring em and they shove your house on Daft and put a sign outside.

Question 1 should be "who is your solicitor." And question 2 should be "please forward your draft contract including copy of all of the following planning permission, certs of compliance, BER..."

It's highly likely your seller only contracted solicitor once you went sale agreed. Now a mad scramble for something necessary that seller cannot locate.

In 2017 that was the deeds on a house we intended to purchase

ChewBerecca · 02-09-2019 7:06pm

Uglysoik1 wrote: »

So just spoke to my solicitor and he hasn't received anything from the vendors side.
It's been almost 8 weeks since I went sale agreed. I've been ringing the EA every week same thing 'I'm going to contact the vendors solicitor now' he says to me everytime.
Don't know what to do and the wait is just too much to handle!

We found the agent useless for everything on the house we are buying. They magically knew the answer to the question we and our solicitor had been asking for weeks when we threatened to pull out.

Get your solicitor to send enquiries. The agent may be forgetting to call, or may be going via the vendor.

Vendors solicitor may have been on holidays (likely this time of year, our vendors solicitor has been out of office for about one month of the last three) so may be putting everything together

Corruptedmorals · 02-09-2019 7:46pm

Uglysoik1 wrote: »

So just spoke to my solicitor and he hasn't received anything from the vendors side.
It's been almost 8 weeks since I went sale agreed. I've been ringing the EA every week same thing 'I'm going to contact the vendors solicitor now' he says to me everytime.
Don't know what to do and the wait is just too much to handle!

It's still prime annual leave for solicitors, the vendor's solicitor could have lost 2 weeks or more to it. The deeds could have been with a bank that are slower to release them than others - and also impacted by annual leave. Our solicitor got our contracts while he was on leave, 7 weeks after sale agreed and then we had to wait until 9 weeks to sign them. Our solicitor wrote to theirs to hurry it up so they can do that for you. The agent should have some investment in hurrying up the sale but probably very little in letting you know the story.

We had a closing date but now it's all in limbo with a boundary issue. We would have hit 12 weeks exactly to keys. Hopefully it still happens this year!

Uglysoik1 · 05-09-2019 10:01am

Great thanks for all your replies.

My solicitor has informed me that as it turns out the vendor had changed solicitor causing all the delays.

Hopefully we going to get things progressing soon when he sorts his solicitor out. Fingers crossed.

Wildly Boaring · 05-09-2019 10:45am

Purchaser's solicitor sent on signed contract and large deposit.
We have a closing date.

Looking at 19 weeks, if nothing else crops up

sp00k · 12-09-2019 11:09am

Closing tomorrow or early next week at latest. Been a long road (over 4 months since sale agreed) but finally there.

Star Lord · 12-09-2019 11:44am

Same, should be closing next week, after 4 months that seemed drawn out at times for no good reason!!!

Almost there...

ChewBerecca · 12-09-2019 4:31pm

We're still waiting for the vendor to sign. Closing date is optimistically 30th September.

Just over 4 months since we submitted an offer now.

We thought a no chain sale would be much faster than this

it's just making the delays even worse because there is no valid reason for them as contracts and documents were all in order.

Phileas Frog · 16-09-2019 1:46pm

Ballpark, how long would it normally take to attend to a snag list? Presuming nothing too wild or extreme.

awec · 16-09-2019 2:54pm

Phileas Frog wrote: »

Ballpark, how long would it normally take to attend to a snag list? Presuming nothing too wild or extreme.

Few days. Depends on how quickly they want to close and the availability of the trades if they need any.

charlietheminxx · 16-09-2019 3:03pm

Phileas Frog wrote: »

Ballpark, how long would it normally take to attend to a snag list? Presuming nothing too wild or extreme.

Mine took 9 days.

ashes2014 · 16-09-2019 9:19pm

We were about 4 months and that was with the buyers really pushing everything!

Star Lord · 17-09-2019 8:12pm

Star Lord wrote: »

Same, should be closing next week, after 4 months that seemed drawn out at times for no good reason!!!

Almost there...

Aaaaaaaand done!

Mitch Connor · 26-09-2019 9:03pm

Estimated snagging date pushed from end of October to December 12th.

Buying a house is frustrating as fook!

Wildly Boaring · 26-09-2019 9:32pm

This thread depresses me every time it pops back up.

We have a closing date for our sale. But I'm 100% sure they're going to keep asking more questions prior to closing.

charlietheminxx · 27-09-2019 9:38am

charlietheminxx wrote: »

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?!

Three months since I posted this and I've snagged, but am still waiting for keys. Three weeks to go apparently :rolleyes:

ChewBerecca · 27-09-2019 10:35am

ChewBerecca wrote: »

We're still waiting for the vendor to sign. Closing date is optimistically 30th September.

Just over 4 months since we submitted an offer now.

We thought a no chain sale would be much faster than this it's just making the delays even worse because there is no valid reason for them as contracts and documents were all in order.

Our drawdown went in on Monday so mortgage advisor and solicitor thought we might close on Wednesday/yesterday. AIB still havent processed the request.

The 30th is now looking very likely

Uglysoik1 · 27-09-2019 11:10am

Uglysoik1 wrote: »

Great thanks for all your replies.

My solicitor has informed me that as it turns out the vendor had changed solicitor causing all the delays.

Hopefully we going to get things progressing soon when he sorts his solicitor out. Fingers crossed.

After all the wait, vendor has decided to not proceed with the sell. I'm very heartbroken!!
:mad::mad:

charlietheminxx · 27-09-2019 11:11am

Uglysoik1 wrote: »

After all the wait, vendor has decided to not proceed with the sell. I'm very heartbroken!!
:mad::mad:

Ah no, that's so disappointing! I hope you find an even better home.

Wildly Boaring · 27-09-2019 11:14am

Ah it's a mess of an industry.

We're all signed and so has purchaser.
Supposed to close Monday, now they're threatening another month of a wait if we don't answer more queries.....
Grrrrr

Wildly Boaring · 01-10-2019 11:54am

Sale Closed.....and breath.

Now start the process of the purchase.
Contracts signed this morning, main deposit to go once our solicitor gets to it.
New build and already complete, rest of estate have moved in, really hoping this goes quickly

ChewBerecca · 01-10-2019 12:24pm

ChewBerecca wrote: »

Our drawdown went in on Monday so mortgage advisor and solicitor thought we might close on Wednesday/yesterday. AIB still havent processed the request.

The 30th is now looking very likely

Still waiting.

Solicitor got the money first thing yesterday morning and tried to contact the vendor solicitor shortly after. Radio silence since.

SozBbz · 01-10-2019 2:18pm

Signed contracts and paid balance of the deposit a week ago and now going though everything (insurance, money transfers etc) but not due to actual complete and get our keys for another week.

Close, but not there yet.

r93kaey5p2izun · 08-10-2019 8:22pm

I'm now 8 weeks since sale agreed. No contracts, no updates and no information on likely timeline. The house is still in probate so it's as expected, but it's still so frustrating being in the dark about everything. I have everything organised on my side, mortgage protection and home insurance ready to go. No chains, house is vacant. The time taken to process probate is just depressing.

SozBbz · 15-10-2019 1:47pm

I was supposed to complete last friday but the Bank are delaying for some weird reason.

They've decided to go back to the valuer for some clarification on something, which I don't really get as

- we're not getting the bargain of the centuary or anything but we're not paying wildly over the odds.
- the LTV is only 60%, so the banks risk isnt massive
- why wait until this point in the process, surely they shouldnt have issued the mortgage offer if they werent satisfied.

Really feel in limbo. The STRESS of it all!

SozBbz · 18-10-2019 2:51pm

Closed today! Picking up keys after work

First viewed back in early May and made our bid in early June, which was accepted a week later.

So... just over 4 months, and thats including August, where basically nothing happened, so not too bad all in all.

charlietheminxx · 18-10-2019 2:57pm

SozBbz wrote: »

Closed today! Picking up keys after work

First viewed back in early May and made our bid in early June, which was accepted a week later.

So... just over 4 months, and thats including August, where basically nothing happened, so not too bad all in all.

Congratulations! I bet you're dying to finish work now

I got my keys this week too, been waiting since February (for a new build).

awec · 18-10-2019 2:58pm

SozBbz wrote: »

Closed today! Picking up keys after work

First viewed back in early May and made our bid in early June, which was accepted a week later.

So... just over 4 months, and thats including August, where basically nothing happened, so not too bad all in all.

Productive afternoon in work now I bet

Uglysoik1 · 21-10-2019 4:16pm

charlietheminxx wrote: »

Congratulations! I bet you're dying to finish work now

I got my keys this week too, been waiting since February (for a new build).

Congrats!

SozBbz · 21-10-2019 4:18pm

awec wrote: »

Productive afternoon in work now I bet

Skived off at 3.30 to collect the keys! Paid for it with a mountain of email this morning though!

Lux23 · 22-10-2019 4:22pm

We put in a bid last Wednesday, and they only came back to us today to say they will be scheduling a meeting with the vendor to discuss our bid. I thought it could be done over the phone.

Corruptedmorals · 22-10-2019 7:37pm

7 weeks after signing contracts and 4 months after sale agreed..the map issue is being fixed and the sale can proceed. Original closing date was 5 weeks ago so we await a new one and hope it's 2019. Such a relief. Worth the wait.

trigger26 · 22-10-2019 11:22pm

Lux23 wrote: »

We put in a bid last Wednesday, and they only came back to us today to say they will be scheduling a meeting with the vendor to discuss our bid. I thought it could be done over the phone.

Yeah that’s not right, a phone call is most cases is grand, we put in bid Monday, got update this morning from ea saying that we have top bid but they want a bit more ðŸ€¨

r93kaey5p2izun · 22-10-2019 11:30pm

Cara Angry Spotlight wrote: »

I'm now 8 weeks since sale agreed. No contracts, no updates and no information on likely timeline. The house is still in probate so it's as expected, but it's still so frustrating being in the dark about everything. I have everything organised on my side, mortgage protection and home insurance ready to go. No chains, house is vacant. The time taken to process probate is just depressing.

Now 10 weeks sale agreed. No further progress, and zero updates or information from anyone.

Wildly Boaring · 23-10-2019 8:01am

Cara Angry Spotlight wrote: »

Now 10 weeks sale agreed. No further progress, and zero updates or information from anyone.

Horrible to wait without knowing

3 years ago we tried buying. Pulled pin after 13 or 14 weeks of nothing. It seemed to sell v quickly after us

SozBbz · 23-10-2019 9:47am

Cara Angry Spotlight wrote: »

Now 10 weeks sale agreed. No further progress, and zero updates or information from anyone.

Not even from your solicitor?

Is there a complication in the sale that you're aware of? Like a distressed sale or complications re Land Registry or whatever.

If I were you I'd go back to viewings and try to find something else, even if only as a back up while you make up your mind what to do.

ontheditch2 · 23-10-2019 9:54am

Went sale agreed last January. Problem with deeds etc and no progress by July so we started looking elsewhere.
Went sale agreed on another house so withdrew our offer on the first one in early August.
Received contracts within a week but solicitor had specific queries for engineer, so we couldn't progress to that step until he said so.
After 3 weeks of solicitors holidays and now 3 weeks of solicitor in court, we are still waiting to sign contracts.
Everything else is in order regarding engineer report and valuation etc.
The solicitor is just taking a long long time.
Once contracts are signed, hopefully this week, if not early next week, we are into the final stages of drawdown etc.
What is the usual timeline for after both parties signing contracts to handover?

SozBbz · 23-10-2019 9:56am

ontheditch2 wrote: »

What is the usual timeline for after both parties signing contracts to handover?

Our solicitor set our closing date for 3 weeks after we signed.

We actually closed 1week later due to our bank being arseholes, but heyho.

ontheditch2 · 23-10-2019 10:00am

SozBbz wrote: »

Our solicitor set our closing date for 3 weeks after we signed.

We actually closed 1week later due to our bank being arseholes, but heyho.

Just seems like everyone wants to make life as difficult as possible. Will be a glad man to eventually get it done.

jen70 · 24-10-2019 11:55am

We are ten weeks sale agreed, we were notified this week contracts are now ready to be signed! progress

SozBbz · 24-10-2019 11:58am

jen70 wrote: »

We are ten weeks sale agreed, we were notified this week contracts are now ready to be signed! progress

Thats not bad going

GooglePlus · 24-10-2019 12:19pm

Does anyone know if the timeframes mentioned on this thread would be significantly reduced if it is a cash buyer, with no bank involved on their end?

We went sale agreed at the beginning of October and have been told early November for close by our estate agent, but no update yet. No news being good news, i'm hoping.

Wildly Boaring · 24-10-2019 4:28pm

How long is a piece of string.

Cash buyer can make a difference.
When I bought with cash 5 years ago we went from sale agreed to keys in 8 or 9 weeks.
We also overlooked several issues that could have slowed a purchase as the house was cheap.
If we hadn't the purchase may have taken much longer or collapsed.

I really think it comes down to the paperwork being in place to sell and no issues on the engineer's survey.
These are the things that slow down sales rather than the banks etc

SozBbz · 24-10-2019 4:43pm

GooglePlus wrote: »

Does anyone know if the timeframes mentioned on this thread would be significantly reduced if it is a cash buyer, with no bank involved on their end?

We went sale agreed at the beginning of October and have been told early November for close by our estate agent, but no update yet. No news being good news, i'm hoping.

Hard to say. I know my bank caused a delay right at the end, which was extremely frustrating but I'm not sure they added terribly to the overall duration.

The only other think I can think of is that they reduced their rates during the process, so we asked for a fresh mortgage offer with the new rates. That took a week or so but other things were also happening at that time.

The things that delayed us were largely holidays (literally nothing happened in August, and then we were away ourselves for 2 weeks in September) and issues thrown up by the survey. Thankfully our house was registered with the Land Registry which was good, so apparently if thats not done that can be quite a delay.

We found a load of small issues, which we decided to over look, but one major issue with the roof that we renegotiated on, that was 3-4 weeks of back and forth.

Corruptedmorals · 24-10-2019 5:19pm

Our delay is folio based and being a cash buyer may have made a difference. We had no option but to get the issue fixed because banks won't take a flawed title as a general rule whereas a cash buyer can 'buy now fix later' so it's handy for quirks like that. In general though as previously mentioned delays tend to be legal/paperwork or annual leave or structural based. I have to say AIB have been fantastic from pre-applicstion all the way through to where we are now awaiting imminent news of contract exchange/new closing date.

ontheditch2 · 25-10-2019 10:02am

Contact signing day, a progressive step finally.

Do you need to transfer the remainder of the deposit to the solicitor when you sign the contracts, as in does it have to be done before you sign contracts, or is it usually requested after the contracts are signed to be done asap.

Thanks

SozBbz · 25-10-2019 10:19am

ontheditch2 wrote: »

Contact signing day, a progressive step finally.

Do you need to transfer the remainder of the deposit to the solicitor when you sign the contracts, as in does it have to be done before you sign contracts, or is it usually requested after the contracts are signed to be done asap.

Thanks

My solicitor asked me to bring a bank draft for the remainder of the deposit to his office on the day we signed contracts.

Maybe check wiht yours?

AFAIK the seller wont countersign without the full deposit in place.

Huzzah! · 25-10-2019 10:49am

Corruptedmorals wrote: »

Our delay is folio based and being a cash buyer may have made a difference. We had no option but to get the issue fixed because banks won't take a flawed title as a general rule whereas a cash buyer can 'buy now fix later' so it's handy for quirks like that. In general though as previously mentioned delays tend to be legal/paperwork or annual leave or structural based. I have to say AIB have been fantastic from pre-applicstion all the way through to where we are now awaiting imminent news of contract exchange/new closing date.

We're waiting now to hear if our bank will accept a qualification on title. We've a remedy for it, so hopeful it will be a positive outcome. Would love to know how long the decision will take either way, though.

The wait is killing me!!

Comments