Is anyone moving now?

Author
Discussion

Al U

2,312 posts

131 months

Monday 1st March 2021
quotequote all
Our house is up for sale at the moment, been up for 3 weeks this Wednesday. We have had a lot of viewings but only 1 offer from a person that started low and has gone up a bit for their 2nd offer. They are still a bit low but we think they may come up once more to a level we can accept. People are all giving the same feedback that two of the bedrooms are too small, the dimensions are on the floor plan! I wish people would look at floor plans more seriously before arranging viewings. I do wonder if it is people using it as an excuse to get out of the house sometimes.

None of this actually matters though, because we are just not seeing anything that we want from what is available at the moment. I am getting concerned that we are going to get to a point soon where we get a good offer and will be rushed into choosing a house from what is out there.


guitarcarfanatic

1,590 posts

135 months

Monday 1st March 2021
quotequote all
HRL said:
Offer accepted on our new home today. Fingers crossed it all goes to plan but there’s a long way to go yet.

A lovely grade II listed place in North Devon.

Having to get used to oil usage, a water borehole with treatment works and a septic tank might take some getting used to but we’re game.
Great stuff - make sure you get confirmation the septic tank correctly discharges to a soakaway and not a water course. Your solicitor should pick this up (legislation change in 2020 made it compulsory check at point of sale), but I have seen them missed smile

LetsTryAgain

2,904 posts

73 months

Monday 1st March 2021
quotequote all
Al U said:
Our house is up for sale at the moment, been up for 3 weeks this Wednesday. We have had a lot of viewings but only 1 offer from a person that started low and has gone up a bit for their 2nd offer. They are still a bit low but we think they may come up once more to a level we can accept. People are all giving the same feedback that two of the bedrooms are too small, the dimensions are on the floor plan! I wish people would look at floor plans more seriously before arranging viewings. I do wonder if it is people using it as an excuse to get out of the house sometimes.

None of this actually matters though, because we are just not seeing anything that we want from what is available at the moment. I am getting concerned that we are going to get to a point soon where we get a good offer and will be rushed into choosing a house from what is out there.
It’s a PITA but it could be worth considering renting in the short term depending where you are.

Al U

2,312 posts

131 months

Monday 1st March 2021
quotequote all
LetsTryAgain said:
Al U said:
Our house is up for sale at the moment, been up for 3 weeks this Wednesday. We have had a lot of viewings but only 1 offer from a person that started low and has gone up a bit for their 2nd offer. They are still a bit low but we think they may come up once more to a level we can accept. People are all giving the same feedback that two of the bedrooms are too small, the dimensions are on the floor plan! I wish people would look at floor plans more seriously before arranging viewings. I do wonder if it is people using it as an excuse to get out of the house sometimes.

None of this actually matters though, because we are just not seeing anything that we want from what is available at the moment. I am getting concerned that we are going to get to a point soon where we get a good offer and will be rushed into choosing a house from what is out there.
It’s a PITA but it could be worth considering renting in the short term depending where you are.
To be honest I'd rather just settle on something and make it clear to our buyer that we have not found something when it comes to accepting an offer, we will be increasing our mortgage for our next house so renting for 6 months and paying early repayment charges doesn't really stack up for us. At least I don't think it does at the moment, I think if it came to that I'd rather just stay in ours for another year. We aren't really desperate to up-size, it's more of a want than a need for sure.

HRL

3,341 posts

219 months

Monday 1st March 2021
quotequote all
guitarcarfanatic said:
Great stuff - make sure you get confirmation the septic tank correctly discharges to a soakaway and not a water course. Your solicitor should pick this up (legislation change in 2020 made it compulsory check at point of sale), but I have seen them missed smile
Thanks, I’ll make sure we get that ticked off.

Only 2 acres of land but the property is 800 years old, 6 bedrooms, and absolutely idyllic in good weather. Suspect it will be interesting during heavy snow or even rain but it’s on top of a ridge so not a flood risk at least.

Will finally get that fair weather 2-seater that I couldn’t justify at my current location as well. Hard to justify when I walk to the station and get trains every day. That and a half decent 4x4 for when the weathers ste.

Going from working in IT for almost 25 years to becoming caretaker and running our own business from home instead. I’d best get the hang of DIY that’s for sure, but it feels like early retirement TBH. Absolutely looking forward to it. smile

guitarcarfanatic

1,590 posts

135 months

Monday 1st March 2021
quotequote all
HRL said:
Thanks, I’ll make sure we get that ticked off.

Only 2 acres of land but the property is 800 years old, 6 bedrooms, and absolutely idyllic in good weather. Suspect it will be interesting during heavy snow or even rain but it’s on top of a ridge so not a flood risk at least.

Will finally get that fair weather 2-seater that I couldn’t justify at my current location as well. Hard to justify when I walk to the station and get trains every day. That and a half decent 4x4 for when the weathers ste.

Going from working in IT for almost 25 years to becoming caretaker and running our own business from home instead. I’d best get the hang of DIY that’s for sure, but it feels like early retirement TBH. Absolutely looking forward to it. smile
Fabulous - where are you at the moment? I am in Taunton, Somerset so know the North Devon coast well. Some great spots!

HRL

3,341 posts

219 months

Monday 1st March 2021
quotequote all
guitarcarfanatic said:
Fabulous - where are you at the moment? I am in Taunton, Somerset so know the North Devon coast well. Some great spots!
Bloody Romford, Essex, and it’s an utter sthole. Spent many holidays in the SW with kids and dogs so it’s going to be a massive upheaval but oh so worth it.

TCruise

578 posts

91 months

Monday 1st March 2021
quotequote all
1. Estate Agents who make stuff up.
2. Slow lawyers.
3. Chinese Whispers between lawyers.
= mess and stress

- Estate Agent saying, everyone is ready to Exchange except us.
- But, we need an indemnity from our Sellers, who are useless.
- So, I put a chaser on our lawyers.
- BUT, then the Agent says, actually our Buyer has a few more queries.

So actually they aren't ready to Exchange. Lies.

It is bloody annoying. I don't know why there cannot be an all parties call.

The only ones with oversight of the whole chain is an Estate Agent. Frankly, I wouldn't trust as far as I could throw him.

I feel bad as I'm feeding my lawyers the lies my Estate Agent is telling me.

But, our lawyers are being slow. They could have made this much faster. Instead every email roughly takes a couple of days for a response.

I don't trust the Sellers at all. The house we are buying is a wreck, so it's to be expected. But, they are making the whole thing more difficult.

The process is just a huge waste of time, full of misinformation.



Edited by TCruise on Monday 1st March 22:17

surveyor

17,822 posts

184 months

Tuesday 2nd March 2021
quotequote all
TCruise said:
1. Estate Agents who make stuff up.
2. Slow lawyers.
3. Chinese Whispers between lawyers.
= mess and stress

- Estate Agent saying, everyone is ready to Exchange except us.
- But, we need an indemnity from our Sellers, who are useless.
- So, I put a chaser on our lawyers.
- BUT, then the Agent says, actually our Buyer has a few more queries.

So actually they aren't ready to Exchange. Lies.

It is bloody annoying. I don't know why there cannot be an all parties call.

The only ones with oversight of the whole chain is an Estate Agent. Frankly, I wouldn't trust as far as I could throw him.

I feel bad as I'm feeding my lawyers the lies my Estate Agent is telling me.

But, our lawyers are being slow. They could have made this much faster. Instead every email roughly takes a couple of days for a response.

I don't trust the Sellers at all. The house we are buying is a wreck, so it's to be expected. But, they are making the whole thing more difficult.

The process is just a huge waste of time, full of misinformation.



Edited by TCruise on Monday 1st March 22:17
There is no reason why you cannot have an all parties call, apart from all of the solicitors and agents involved hate them! I wonder why!

Gad-Westy

14,568 posts

213 months

Tuesday 2nd March 2021
quotequote all
surveyor said:
TCruise said:
1. Estate Agents who make stuff up.
2. Slow lawyers.
3. Chinese Whispers between lawyers.
= mess and stress

- Estate Agent saying, everyone is ready to Exchange except us.
- But, we need an indemnity from our Sellers, who are useless.
- So, I put a chaser on our lawyers.
- BUT, then the Agent says, actually our Buyer has a few more queries.

So actually they aren't ready to Exchange. Lies.

It is bloody annoying. I don't know why there cannot be an all parties call.

The only ones with oversight of the whole chain is an Estate Agent. Frankly, I wouldn't trust as far as I could throw him.

I feel bad as I'm feeding my lawyers the lies my Estate Agent is telling me.

But, our lawyers are being slow. They could have made this much faster. Instead every email roughly takes a couple of days for a response.

I don't trust the Sellers at all. The house we are buying is a wreck, so it's to be expected. But, they are making the whole thing more difficult.

The process is just a huge waste of time, full of misinformation.



Edited by TCruise on Monday 1st March 22:17
There is no reason why you cannot have an all parties call, apart from all of the solicitors and agents involved hate them! I wonder why!
yes Such a familiar sounding tale. Was the same with our sale/purchase and there have been loads of similar posts from others on here. So much that could be resolved with very simple conference calls. I got so sick of all the bullst. There was so much of it being flung around that I no longer had the faintest idea where anything was at. And yet simple calls with our actual vendor or buyer and everything was 100% clear. So f'ing infuriating that it feels like we're paying solicitors to make the process much worse! And estate agents seem utterly uninterested for the entire period between offer acceptance and hand over of keys.



SunsetZed

2,250 posts

170 months

Tuesday 2nd March 2021
quotequote all
Al U said:
LetsTryAgain said:
Al U said:
Our house is up for sale at the moment, been up for 3 weeks this Wednesday. We have had a lot of viewings but only 1 offer from a person that started low and has gone up a bit for their 2nd offer. They are still a bit low but we think they may come up once more to a level we can accept. People are all giving the same feedback that two of the bedrooms are too small, the dimensions are on the floor plan! I wish people would look at floor plans more seriously before arranging viewings. I do wonder if it is people using it as an excuse to get out of the house sometimes.

None of this actually matters though, because we are just not seeing anything that we want from what is available at the moment. I am getting concerned that we are going to get to a point soon where we get a good offer and will be rushed into choosing a house from what is out there.
It’s a PITA but it could be worth considering renting in the short term depending where you are.
To be honest I'd rather just settle on something and make it clear to our buyer that we have not found something when it comes to accepting an offer, we will be increasing our mortgage for our next house so renting for 6 months and paying early repayment charges doesn't really stack up for us. At least I don't think it does at the moment, I think if it came to that I'd rather just stay in ours for another year. We aren't really desperate to up-size, it's more of a want than a need for sure.
I understand what you're saying but for what it's worth I'd think about rented and the costs aren't always what you think:
1) Sometimes the ERC isn't payable if you purchase a new house within a certain amount of time
2) You'll be the best buyer for a new house and more likely to secure it and / or in the best position to negotiate on price
3) How would you feel if your dream house comes on today and goes to someone else because you hadn't sold your current place?

I'm currently living in rented whilst my purchase goes through having sold our house so that's my take on it. That said we were more set on moving than it sounds like you are.

LetsTryAgain

2,904 posts

73 months

Tuesday 2nd March 2021
quotequote all
SunsetZed said:
I understand what you're saying but for what it's worth I'd think about rented and the costs aren't always what you think:
1) Sometimes the ERC isn't payable if you purchase a new house within a certain amount of time
2) You'll be the best buyer for a new house and more likely to secure it and / or in the best position to negotiate on price
3) How would you feel if your dream house comes on today and goes to someone else because you hadn't sold your current place?

I'm currently living in rented whilst my purchase goes through having sold our house so that's my take on it. That said we were more set on moving than it sounds like you are.
I’ve never had to do it, but the reason I suggested it (and would consider it myself in the future) is two fold.
Being chain free really does put you in the best position I think.
If I were to rush it to buying a house as mine had sold, then 6 months later a more suitable house came up I’d be kicking myself.

Quhet

2,420 posts

146 months

Tuesday 2nd March 2021
quotequote all
I'm buying a place with my GF.
She accepted an offer on her place (£11k over asking) very quickly after it went on the market - It went onto Rightmove on Wednesday 2 weeks ago and she got 6 offers on the following Monday after 11 viewings over the weekend.

We decided to not look at anything until a buyer for her place was found. We started looking on Wednesday last week, saw a place on Friday we liked and had a full asking price offer accepted the following morning. We're lucky as the place we've found is chain free and the buyers of my GF's place are FTB. Fingers crossed we'll be in for early June....

Fast Bug

11,685 posts

161 months

Tuesday 2nd March 2021
quotequote all
Our buyer has asked asked us to take out an indemnity policy on the replacement windows we had fitted over 6 years ago. No thanks, happy for them to pay it if they wish!

anonymous-user

54 months

Tuesday 2nd March 2021
quotequote all
Al U said:
To be honest I'd rather just settle on something and make it clear to our buyer that we have not found something when it comes to accepting an offer, we will be increasing our mortgage for our next house so renting for 6 months and paying early repayment charges doesn't really stack up for us. At least I don't think it does at the moment, I think if it came to that I'd rather just stay in ours for another year. We aren't really desperate to up-size, it's more of a want than a need for sure.
Whilst I totally appreciate your position, in the current market I would say this will quickly cast doubt in the minds of potential buyers - espescially if your search criteria is quite specific.

To take this position openly, you need to be confident that the house you are selling is worth a buyer sticking around for - because serious buyers expect serious sellers. I would at least show openess to renting.

anonymous-user

54 months

Tuesday 2nd March 2021
quotequote all
Fast Bug said:
Our buyer has asked asked us to take out an indemnity policy on the replacement windows we had fitted over 6 years ago. No thanks, happy for them to pay it if they wish!
Well then just supply the building regs sign off?

AlmostUseful

3,282 posts

200 months

Tuesday 2nd March 2021
quotequote all
If you’ve lost your Fensa certificate you can put your postcode in to their website and it will confirm you’re covered, it’s just going to cost you £25 if you want the new certificate (which isn’t worth the paper it’s written on anyway, but that’s irrelevant) and you will find your certificate the day after you buy the new one.
Ask me how I know smile

anonymous-user

54 months

Tuesday 2nd March 2021
quotequote all
I anticipate the underlying issue is that it wasn't FENSAd in the first place, nor have BC been round to have a nosy.

Fast Bug

11,685 posts

161 months

Tuesday 2nd March 2021
quotequote all
Anglian Windows haven't registered it with Fensa, they're doing that now. I had no idea when they were fitted we'd need a certificate, and in the time since they've been fitted I could've replaced them myself and nobody would know banghead

anonymous-user

54 months

Tuesday 2nd March 2021
quotequote all
Fast Bug said:
Anglian Windows haven't registered it with Fensa, they're doing that now. I had no idea when they were fitted we'd need a certificate, and in the time since they've been fitted I could've replaced them myself and nobody would know banghead
You're lucky its still the same legal entity given its been six years. That's about 3 generations in the DG industry!