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23-07-2019, 14:45   #61
MrPropertyGuru
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Originally Posted by Uglysoik1 View Post
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!
You should always pay the booking deposit in cash and receive a receipt directly.

The reason is that if you change your mind about buying the house for good, bad or no reason, you are entitled to receive your deposit back.

Greetings

Andre

Last edited by MrPropertyGuru; 23-07-2019 at 14:55. Reason: Emphasis
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23-07-2019, 14:50   #62
Graham
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The deposit is usually refundable however you pay.
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23-07-2019, 14:54   #63
MrPropertyGuru
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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.
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23-07-2019, 15:14   #64
Kenno90
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Originally Posted by Uglysoik1 View Post
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"
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23-07-2019, 15:22   #65
MrPropertyGuru
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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!
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23-07-2019, 15:39   #66
Uglysoik1
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Quote:
Originally Posted by Kenno90 View Post
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
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09-08-2019, 15:55   #67
Uglysoik1
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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
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09-08-2019, 15:58   #68
Wildly Boaring
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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?
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09-08-2019, 16:26   #69
Star Lord
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Quote:
Originally Posted by Uglysoik1 View Post
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!
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09-08-2019, 16:44   #70
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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!
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09-08-2019, 16:50   #71
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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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09-08-2019, 16:54   #72
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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!
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09-08-2019, 22:12   #73
Kenno90
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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
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10-08-2019, 00:03   #74
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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.
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10-08-2019, 10:44   #75
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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.
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