Is anyone moving now?
Discussion
Mine does the same, although no movement since the 18th despite me having received a mortgage offer since. Not sure how quickly I should be expecting it to proceed, but it is vacant possession and I'm selling to a first time buyer.
Feels like I'm stuck in the annoying limbo period now where it's too early to start packing or make arrangements, whilst spending as little as possible and hoping nothing breaks in my house (although already had to spend £400 on a new toilet for the next owner after the bowl somehow cracked.)
Feels like I'm stuck in the annoying limbo period now where it's too early to start packing or make arrangements, whilst spending as little as possible and hoping nothing breaks in my house (although already had to spend £400 on a new toilet for the next owner after the bowl somehow cracked.)
Vipers said:
Just came across this thread, was saying to the misses last night when you hear of all the people queing up to register with a NHS dentist, it must put some off from moving.
They cant all affored a private dentist.
I pay for private dentist, mostly because I got sick of being told there was no room at all of the local dentists for NHS patients. They cant all affored a private dentist.
I did have an NHS dentist before I moved here 3 years ago, but once we knew we were going to move again, I stopped asking.
Will go onto a waiting list local to where we are moving to this time though.
I've been on the NHS list for years, thought there was no hope of getting a place but then my dad goes to Costa every morning and befriended a woman that turns out to be a receptionist at the dentist, he said hey could you bump my son up the list. I got a call the next day.
I'm not saying that tactic is right for everyone but it's an option
I'm not saying that tactic is right for everyone but it's an option
Finally due to exchange next week.
Noticed that the title deeds have a house name, and then house number on them.
Solicitor asked for the house name to be updated and reflected on the mortgage.
Mortgage company is infuriatingly insisting on doing another survey on the property (having already done a survey when mortg first applied for) … box ticking that apparently cannot be ignored.
Frustrating.
Noticed that the title deeds have a house name, and then house number on them.
Solicitor asked for the house name to be updated and reflected on the mortgage.
Mortgage company is infuriatingly insisting on doing another survey on the property (having already done a survey when mortg first applied for) … box ticking that apparently cannot be ignored.
Frustrating.
I'm after some advice......
we had an offer accepted mid December with the aim of moving mid march sellers were on board with this. they hadn't found anywhere and would break the chain if needed.
phone call last week, the sellers have bought a new build but won't be ready until may. and they are no changing the goal posts on the date.
we have organised everything around that date, as we start new jobs at the start of april so don't have much flex.
the question i have is, would it be unrealisable to reduce the our offer as we will now need to rent somewhere or airbnb.
should we pull out and just buy somewhere else as they are going to mess us about some more as its a buyers market?
we feel annoyed as the delay is all down to them not picking somewhere and now its going to cost us extra money because of them.
we had an offer accepted mid December with the aim of moving mid march sellers were on board with this. they hadn't found anywhere and would break the chain if needed.
phone call last week, the sellers have bought a new build but won't be ready until may. and they are no changing the goal posts on the date.
we have organised everything around that date, as we start new jobs at the start of april so don't have much flex.
the question i have is, would it be unrealisable to reduce the our offer as we will now need to rent somewhere or airbnb.
should we pull out and just buy somewhere else as they are going to mess us about some more as its a buyers market?
we feel annoyed as the delay is all down to them not picking somewhere and now its going to cost us extra money because of them.
The average offer to exchange period is circa 18 weeks.
It takes an average of 8-12 weeks for an entire chain to form.
Average chain length is 4.
How on earth did agents nor soli manage to professionally, and empathetically inform you that accepting an offer mid Dec and expecting to work to and actually plan for mid-March is lunacy.
It takes an average of 8-12 weeks for an entire chain to form.
Average chain length is 4.
How on earth did agents nor soli manage to professionally, and empathetically inform you that accepting an offer mid Dec and expecting to work to and actually plan for mid-March is lunacy.
I see quite a few properties around going sold stc and assuming buyers cause issues as they fail to go.
But I know of one at least where the seller couldn’t find anything to move to, so the buyers got bored waiting for months on end and then went for something else.
It makes you wonder how many sales/chains are like this.
The whole ‘need to have a buyer/offer’ before you’re allowed to look around a house has likely caused issues here too, as you’ll end up with non-serious sellers who aren’t able to find something they want to move to (at least quickly) but in the meantime have a buyer stuck on the line.
Where I am volumes are so low I think this alone is stalling the market.
People want to upgrade/downgrade/move but there is just so little around price discovery is impossible and likely hard to find anyone willing to move out of something they know is good value, into something toppy.
Yet on the other side, trying to sell an old farmstead with PP, no one is willing to take a punt… all pricing in risk… so if the whole supply side is in risk aversion mode, new supply will be restricted both to try keep prices up (big developers), and because developers aren’t taking on as much stuff (unclear outlook, maybe taking on smaller projects with less exposure?)
But I know of one at least where the seller couldn’t find anything to move to, so the buyers got bored waiting for months on end and then went for something else.
It makes you wonder how many sales/chains are like this.
The whole ‘need to have a buyer/offer’ before you’re allowed to look around a house has likely caused issues here too, as you’ll end up with non-serious sellers who aren’t able to find something they want to move to (at least quickly) but in the meantime have a buyer stuck on the line.
Where I am volumes are so low I think this alone is stalling the market.
People want to upgrade/downgrade/move but there is just so little around price discovery is impossible and likely hard to find anyone willing to move out of something they know is good value, into something toppy.
Yet on the other side, trying to sell an old farmstead with PP, no one is willing to take a punt… all pricing in risk… so if the whole supply side is in risk aversion mode, new supply will be restricted both to try keep prices up (big developers), and because developers aren’t taking on as much stuff (unclear outlook, maybe taking on smaller projects with less exposure?)
Craigyboy143 said:
I'm after some advice......
we had an offer accepted mid December with the aim of moving mid march sellers were on board with this. they hadn't found anywhere and would break the chain if needed.
phone call last week, the sellers have bought a new build but won't be ready until may. and they are no changing the goal posts on the date.
we have organised everything around that date, as we start new jobs at the start of april so don't have much flex.
the question i have is, would it be unrealisable to reduce the our offer as we will now need to rent somewhere or airbnb.
should we pull out and just buy somewhere else as they are going to mess us about some more as its a buyers market?
we feel annoyed as the delay is all down to them not picking somewhere and now its going to cost us extra money because of them.
It all sounds a bit naive and optimistic. A serious conversation with your solicitor or estate agent should have shone a light on this. we had an offer accepted mid December with the aim of moving mid march sellers were on board with this. they hadn't found anywhere and would break the chain if needed.
phone call last week, the sellers have bought a new build but won't be ready until may. and they are no changing the goal posts on the date.
we have organised everything around that date, as we start new jobs at the start of april so don't have much flex.
the question i have is, would it be unrealisable to reduce the our offer as we will now need to rent somewhere or airbnb.
should we pull out and just buy somewhere else as they are going to mess us about some more as its a buyers market?
we feel annoyed as the delay is all down to them not picking somewhere and now its going to cost us extra money because of them.
The chain wasn't even complete when you made your offer. There is no way anybody then can guarantee a completion or an exchange date. People saying they could move to rented is a tactic to buy some time attempting to keep the chain together. Even in your own situation you don't seem to want to move to rented to save the chain.
Lower your offer or pull out and buy something else? By all means but don't expect to speed up your mentioned dates. They will more likely move to the right. Your seller has no obligation to entertain your lower offer. You may be now locked out from buying and proceeding as it goes back to market. What intel do you have about the sellers position, motives, other offers etc? If none then you are gambling on them being desperate to keep you when they may not be that bothered.
edc said:
It all sounds a bit naive and optimistic. A serious conversation with your solicitor or estate agent should have shone a light on this.
The chain wasn't even complete when you made your offer. There is no way anybody then can guarantee a completion or an exchange date. People saying they could move to rented is a tactic to buy some time attempting to keep the chain together. Even in your own situation you don't seem to want to move to rented to save the chain.
Lower your offer or pull out and buy something else? By all means but don't expect to speed up your mentioned dates. They will more likely move to the right. Your seller has no obligation to entertain your lower offer. You may be now locked out from buying and proceeding as it goes back to market. What intel do you have about the sellers position, motives, other offers etc? If none then you are gambling on them being desperate to keep you when they may not be that bothered.
yes it was optimistic but also possible in terms of time scales. we are ready to exchange in a week tbh.The chain wasn't even complete when you made your offer. There is no way anybody then can guarantee a completion or an exchange date. People saying they could move to rented is a tactic to buy some time attempting to keep the chain together. Even in your own situation you don't seem to want to move to rented to save the chain.
Lower your offer or pull out and buy something else? By all means but don't expect to speed up your mentioned dates. They will more likely move to the right. Your seller has no obligation to entertain your lower offer. You may be now locked out from buying and proceeding as it goes back to market. What intel do you have about the sellers position, motives, other offers etc? If none then you are gambling on them being desperate to keep you when they may not be that bothered.
so we are willing to rent somewhere, but will be difficult to get something for less than 6 months? and it also changes things a little, it gives us more time. the house we are buying is a redrow house so they are fairly readily available.
apparently their estate agent says they have bought a new build and have paid a deposit, they are having work done to the property so i would be amazed if its ready by may. let alone April.
the estate agent has assured me that they won't keep shifting the date, but I'm not too certain.
we will probably see how things go this week, buying and selling houses sucks
LuckyThirteen said:
Movers have been in a recruitment crisis for a few years now.
What's really happening is that over the last 18months many have had to lay staff off, or reduce their number of days, which has resulted in them leaving.
There's very very little interest paid to the moving industry but at the very sniff of an upturn this year or next the problems will be obvious.
Movers have also been shutting up shop, selling off and giving up at quite a rate over the last eighteen months.
Those that have had to downsize staff numbers will have known at the time replacing them will be near impossible but will have had no choice.
This doesn't even cover the HGV driver drain the industry faced through COVID. Which has further compunded it.
I strongly suspect that right now the size of the moving industry could only service 2/3 of a busy month, tops.
We completed our purchase today. Fortunately we weren't moving on the day so it didn't greatly matter that the earliest we could get our removal company to move us is 18 March. That's bonkers really; fortunately it coincides with the cattery and kennels having space and gives us a few weeks to do some small jobs to the new house before we move in.What's really happening is that over the last 18months many have had to lay staff off, or reduce their number of days, which has resulted in them leaving.
There's very very little interest paid to the moving industry but at the very sniff of an upturn this year or next the problems will be obvious.
Movers have also been shutting up shop, selling off and giving up at quite a rate over the last eighteen months.
Those that have had to downsize staff numbers will have known at the time replacing them will be near impossible but will have had no choice.
This doesn't even cover the HGV driver drain the industry faced through COVID. Which has further compunded it.
I strongly suspect that right now the size of the moving industry could only service 2/3 of a busy month, tops.
- Those that have given up are the ones who were hammered by the absurd stress levels through COVID, and, if you follow the online chatter have simply had enough of being pi55ed about by Conveyancers.
Anyway, for those moving this year - do check out removal companies in good time. I think anyone buying and selling on the same day needs 28 days between exchange and completion more than ever.
While our place is exactly as we viewed it, I did start to spot things my rose-tinted view had ignored before. But I don’t care; we love the place and having offered last September got it for a good price at what may have been the low point for viewings. Now we’re selling our previous house in what appears to be a busier market. So we will see how that goes… I will maybe become a more bearish contributor to this thread 
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