Is anyone moving now?

Is anyone moving now?

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Discussion

Evoluzione

6,289 posts

210 months

Sunday 21st February
quotequote all
Evoluzione said:
Evoluzione said:
Our solicitor meanwhile contacts bank to cancel money and they then reveal they might not have lent anyway despite us getting it in writing from them 3 times now. No-one knows why we've had 3 identical mortgage offers through our letterbox over the weeks.

It was discussed with them some time ago that whilst there is some ancient hunting rights on the land, that in actual fact the Lord of the Manor will not break down the front door or let his 12 bore off in the garden. Back then they were happy with this, now they're seeking further clarification and we're offering to pay £250 for an indemnity to cover it.
Nothing happened last week, Barclays are just passing it to one another within their system and saying 'Sorry, not my department'.
Solicitor, us and mortgage broker have all been onto them and they simply don't know what they're doing and won't make a decision over something as stupid as this.
The move date of 22nd will have surely vanished by now, but as per earlier advice we'll be seeking both exchange and completion dates in the future.

Lol, the only good thing to come out of this is it's gone on for so long we've passed a possible Summer completion, to an unwanted Autumn and Winter one, back to a late Winter/early Spring move again.
Why this is positive is our current heating bills are low in comparison (through this harsh Winter) and i'll need to do lots of work to the new place if we eventually move so wouldn't wanted to have sat in it in Winter.
A lot more buggering about, yet zero progress.

Yet another week lost as the bank just don't know what to do.

I had the idea that we should find out who the current LOTM is and contact him, maybe ask him to sign some kind of waiver that he won't come into the house or garden whilst still allowing him to use the land. Sol says it's probably the only way we'll move forward so we have spent time trying to find out who he is and come up with a few leads. The persons named on the deeds are long time gone and kind of famous around these parts. Actually having their own Wiki page and a family member had set up a small website about them. Sadly it's gone, but I found enough fragments of it left on 'Waybackmachine' to get a name.
Whoever it is is unlikely to agree to anything without trying to extort money from us.

Our seller is a bit of a pillock, very stupidly and unprofessionally his Sol (who must be highly sick of him now as everyone else is) gave him our Sols private mobile number! Aside from boring the pants off him for 20 mins airing his views he made himself look even more stupid than ever. When we first found the place he said the LOTM does have a right to hunt and aired it once in a while - on the fields, not on the house and gardens. He then told our sol there was no such thing. Sol then points out it's actually on the deeds! So he's backed himself into a corner with his lies.
I've messaged seller to tell his sol who it is if he knows.

So it's turned out our mortgage advisor shouldn't have taken this job on as it's out of his remit. Smallholdings are for specialist companies and it seems he never knew that. So he's probably out of pocket as he's working for a fixed fee.

If we now go to a specialist broker we'll have lost the money we paid the current one. Will have to pay again, it'll take months to organise so we'll be thousands out of pocket too from the missed opportunity of stamp duty relief. Given the current broker has taken money for a job he can't do i'm wondering if we can't claim it back.

I mentioned all this mess and lost monies to the Sol, he said our fees from them of X amount (insert 4 figures here) would actually have amounted to 3 times that if they'd charged per hour.

So everyone is on a loser.
With what we know now we could have got where we are now without actually paying a broker, the EA has done nothing of any use whatsoever (aside from putting the property on the 'net which is how I found it) apart from make an utter nuisance of themselves. The Sol will be paid for his professional services, but those have included making the bank aware of some meaningless ancient right which has caused the wheels to come off the whole thing.

And we employ these people for their professional services!

So this week:
See if we can find out who the current LOTM is and see if we can approach him somehow (any clues as to how we find him/her?)
Have a meeting with our buyers to discuss how desperate they are to get in. Given we have nothing concrete as ever I don't know how that will go. I've told them in the past that whatever is happening in front of us won't stop us selling to them, if it comes to it we'll move out.

Taita

6,754 posts

170 months

Sunday 21st February
quotequote all
So many stories here seem like they could be resolved with an all hands 30 minute call or meeting instead of passing info around via archaic means and with idiot solicitors?

Evoluzione

6,289 posts

210 months

Sunday 21st February
quotequote all
Taita said:
So many stories here seem like they could be resolved with an all hands 30 minute call or meeting instead of passing info around via archaic means and with idiot solicitors?
Sometimes. In reality a solicitor will only talk to and on behalf of their clients. Client talks to sol, sol talks to other sol, other sol talks to their client. It's not professional or advisable to do it any other way.
EAs will make themselves completely unavailable when you want something from them, but harass you all day when they want something from you.

There is one person in our chain who is an utter nobhead, you would absolutely not want any contact with him whatsoever.

Mr Whippy

24,177 posts

208 months

Sunday 21st February
quotequote all
Evoluzione said:
Taita said:
So many stories here seem like they could be resolved with an all hands 30 minute call or meeting instead of passing info around via archaic means and with idiot solicitors?
Sometimes. In reality a solicitor will only talk to and on behalf of their clients. Client talks to sol, sol talks to other sol, other sol talks to their client. It's not professional or advisable to do it any other way.
EAs will make themselves completely unavailable when you want something from them, but harass you all day when they want something from you.

There is one person in our chain who is an utter nobhead, you would absolutely not want any contact with him whatsoever.
Indeed.

We had to basically scare our buyer into thinking we'd re-market, so that they'd give their solicitor the push to get things moving quicker.

And this was a cash buyer who we chose for speed... but arguably a more motivated mortgage buyer we had lined up would have probably been quicker (and had offered more) as they'd have been pestering their solicitor every other day!

smiley_boy2501

133 posts

64 months

Sunday 21st February
quotequote all
Well further to my recent post stating we had a cash buyer in rented make a full price offer (and accepted), we have had an offer accepted on a house we both love. The money is about right for what it is and the vendors of our (hopefully) new home are moving to rented so a fairly short chain by all accounts.

Given all the stories on here I've gone for a slightly higher priced but well regarded solicitor.

Fingers crossed!

We have no delusions over stamp duty and expect to pay it so anything else is a bonus.

Gad-Westy

11,653 posts

180 months

Sunday 21st February
quotequote all
smiley_boy2501 said:
Well further to my recent post stating we had a cash buyer in rented make a full price offer (and accepted), we have had an offer accepted on a house we both love. The money is about right for what it is and the vendors of our (hopefully) new home are moving to rented so a fairly short chain by all accounts.

Given all the stories on here I've gone for a slightly higher priced but well regarded solicitor.

Fingers crossed!

We have no delusions over stamp duty and expect to pay it so anything else is a bonus.
Great news. Hope it goes smoothly.

01WE01

1,112 posts

40 months

Sunday 21st February
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Turn7 said:
I will, officially, be utterly climbing the walls and baying for blood if we havnt exchanged by the end of next week......
Same!

Turn7

20,202 posts

188 months

Sunday 21st February
quotequote all
01WE01 said:
Turn7 said:
I will, officially, be utterly climbing the walls and baying for blood if we havnt exchanged by the end of next week......
Same!
Fingers crossed for both us !!

talksthetorque

9,193 posts

102 months

Sunday 21st February
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The_Doc said:
So spending maybe £15,000 in Stamp duty every ten years
And you viewed at 250 properties last time.

Wow
The moving rate also includes interim rentals so we have a good buying position - which can save some of the stamp duty and a lot of multi uncontrollable anguish. Also the longest chain we’ve ever been in is three. smile
We tended to buy, renovate whilst living there, live there for a year once it was done, then get itchy feet and do it all again.
Last time the 250 houses was because it was a new area for the OH, and we thought this might be the last house for a while. That lasted 6 years.
This time the first house we viewed we really liked!


Taita

6,754 posts

170 months

Sunday 21st February
quotequote all
Mr Whippy said:
Evoluzione said:
Taita said:
So many stories here seem like they could be resolved with an all hands 30 minute call or meeting instead of passing info around via archaic means and with idiot solicitors?
Sometimes. In reality a solicitor will only talk to and on behalf of their clients. Client talks to sol, sol talks to other sol, other sol talks to their client. It's not professional or advisable to do it any other way.
EAs will make themselves completely unavailable when you want something from them, but harass you all day when they want something from you.

There is one person in our chain who is an utter nobhead, you would absolutely not want any contact with him whatsoever.
Indeed.

We had to basically scare our buyer into thinking we'd re-market, so that they'd give their solicitor the push to get things moving quicker.

And this was a cash buyer who we chose for speed... but arguably a more motivated mortgage buyer we had lined up would have probably been quicker (and had offered more) as they'd have been pestering their solicitor every other day!
We could force the solicitors to have a 30 minute call themselves, or have one with them on too?

Strikes me that a lot is due information exchange, which could he improved?

ooid

2,599 posts

67 months

Tuesday 23rd February
quotequote all
Horrible day, Monday.

I went to my solicitor in the morning, after having my morning espresso quite happy and chilled. coffee

Delivered my signed/sealed documents for ready to exchange (my property) this week, and complete in a few weeks. thumbup


Than I got a call from the vendors (the place I'm buying), saying they are not going ahead with their purchase anymore, and want to delay their move/completion. vomit


Quite annoying really, I've already arranged a temp accommodation for a few weeks to give them a bit of time but can't delay any further. Can't miss stamp duty as it is a big cost for me. I'll probably have to find somewhere now to rent at least for 6 months, and look elsewhere.. Hope Rishi can extend this bloody tax thingy for a few more months, it is pretty big-hit.

guitarcarfanatic

992 posts

102 months

Tuesday 23rd February
quotequote all
DanL said:
bsolutely agree - my roof leaked 3 months in to ownership of this place, during the first heavy rain we had. Took some of the shine off it, and landed me with a bill I hadn’t planned for, but (fortunately!) could afford even if it meant putting back other plans for the place.

Despite this, I love my new home - I did spend the next few months wondering what the next thing to break would be, mind you!
Hah! Know this one - our roof had been bodged, ceiling filled and then decorated to hide it. Had been leaking for a few months at least...on a 4 year old roof. Some suspect work...but luckily not stupid money to sort and have it done right.

Tony Angelino

1,474 posts

80 months

Tuesday 23rd February
quotequote all
Tony Angelino said:
blueg33 said:
Tony Angelino said:
blueg33 said:
Tony Angelino said:
I have the contract to sign and return, hopefully tomorrow for exchange and Monday to complete. 4 in the chain (I am the bottom), fairly straight forward but has still taken since early November.
Our contracts were all signed by our solicitor acting under an authorisation from us.
Didn't know this was an option, we will explore this as it would suit us given it's a 4 hour round trip and we are planning on taking them in person as they need originals aparently (not wanting to trust the post/courier).
Contracts are done underhand rather than as a deed so its usually fine. The transfer just before completion is a Deed and will need signatures and witness. We did ours and posted them to the solicitor with a scanned version by email.
Thanks, regardless we played it safe and took them in person - exchanged mid afternoon with completion on Monday.
Completed Monday, glad that's over.

Davey S2

12,655 posts

221 months

Tuesday 23rd February
quotequote all
Were looking to move.

We are currently on a fairly new estate (bought our house off plan around 7 years ago but houses are still being built on other parts of the estate).

There is a residents facebook page and on Saturday someone posted asking if anyone was selling a 4 bed house as they were looking for something larger. My wife posted that we were thinking of putting our house on the market.

We had 11 people message us in the space of an hour asking for details and when would they be able to see it. Someone messaged to say they wanted to make an off market offer for it.

Demand seems very high at the moment with people wanting more space.

Gad-Westy

11,653 posts

180 months

Tuesday 23rd February
quotequote all
Davey S2 said:
Were looking to move.

We are currently on a fairly new estate (bought our house off plan around 7 years ago but houses are still being built on other parts of the estate).

There is a residents facebook page and on Saturday someone posted asking if anyone was selling a 4 bed house as they were looking for something larger. My wife posted that we were thinking of putting our house on the market.

We had 11 people message us in the space of an hour asking for details and when would they be able to see it. Someone messaged to say they wanted to make an off market offer for it.

Demand seems very high at the moment with people wanting more space.
Would be fantastic to sell it that quickly and easily!

RedAndy

796 posts

121 months

Tuesday 23rd February
quotequote all
Solicitors being solicitors, suggested dates have come and gone....

buyers now wanting to complete this Friday, but that leaves us zero time to move out, and we havent exchanged yet! We'll probs let them move all their gear in to the big room on Friday for storage, as we move out at the same time, and complete Monday... Not ideal, but it get the move done.



Evoluzione

6,289 posts

210 months

Tuesday 23rd February
quotequote all
Our buyers are exchanging and completing on mine this week. We have nowhere to go so are staying here and paying their mortgage whilst they stay in their house (they are the end of the chain.)

Kwackersaki

1,101 posts

195 months

Tuesday 23rd February
quotequote all
Davey S2 said:
Were looking to move.

We are currently on a fairly new estate (bought our house off plan around 7 years ago but houses are still being built on other parts of the estate).

There is a residents facebook page and on Saturday someone posted asking if anyone was selling a 4 bed house as they were looking for something larger. My wife posted that we were thinking of putting our house on the market.

We had 11 people message us in the space of an hour asking for details and when would they be able to see it. Someone messaged to say they wanted to make an off market offer for it.

Demand seems very high at the moment with people wanting more space.
We think we’ll try this next time we sell. I’m surprised Facebook haven’t a specific link just to sell property.

We paid our estate agent £3+k for about 2-3hours work and can’t see why you can’t DIY.

Kwackersaki

1,101 posts

195 months

Tuesday 23rd February
quotequote all
Evoluzione said:
Our buyers are exchanging and completing on mine this week. We have nowhere to go so are staying here and paying their mortgage whilst they stay in their house (they are the end of the chain.)
What a nightmare. I hope you get sorted soon.

Next time we’re considering buying a cheap holiday caravan and putting the majority of our stuff in storage.

We can then sell with no chain and move into it until we find something permanent and still have the caravan for holidays.

Has anyone on here done similar? Must be cheaper than renting a place for min 12months?


Isaac Hunt

12,888 posts

178 months

Tuesday 23rd February
quotequote all
Kwackersaki said:
What a nightmare. I hope you get sorted soon.

Next time we’re considering buying a cheap holiday caravan and putting the majority of our stuff in storage.

We can then sell with no chain and move into it until we find something permanent and still have the caravan for holidays.

Has anyone on here done similar? Must be cheaper than renting a place for min 12months?
Not quite the same, but we are currently living in our holiday let in Devon having sold our house in Essex and moved here mid January to break the chain with our furniture going into storage. Just before we moved, our perfect house was listed. We were one of two to offer the FAP and were the winner due to our position. Hopefully we will complete on the purchase in March. Being retired made this easier, but I wouldn't hesitate to do the same if we need to move again (hopefully not).