Is anyone moving now?

Is anyone moving now?

Author
Discussion

ooid

2,541 posts

66 months

Wednesday 24th February
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Isaac Hunt said:
My only worry is that an extension of stamp duty means the pressure is removed on our vendors. We are currently in temporary accommodation. We really need to be out by the end of April. We agreed our purchase for a completion at the end of March. We signed the contract last week and are just awaiting clarification on two queries and we are ready to go.
Exactly my situation. Sold my property without tangling into this chain crap... The vendor was seriously stalling for weeks, and I decided to move on today, really lucky to find this new place, fingers crossed. There needs to be a fair transaction and treatment on both parties, when you are paying rent on tempo. accommodation, every day/hour is important.

Fast Bug

9,409 posts

127 months

Wednesday 24th February
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Evoluzione said:
Fast Bug said:
I was talking to one of the Dads at the school earlier about the extension, he said he'd spoken to the politics guys about this and was fairly confident it's accurate. Still not getting excitied until I hear it from Rishi himself...
I spoke to my next door neighbours cousin who knows people, he said it was probably true as well.
I missed the part that he's the online editor of one of the national newspapers. I should know my limits and not try and multi-task....

AlmostUseful

3,039 posts

166 months

Wednesday 24th February
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Found out the firm that our bottom of chain are using today, having taken a look at their online presence and reviews I no longer have any hope of ever actually moving.

38% 5* rating, 47% 1* rating, one of the top 5* ratings is a client praising them for completing the very complex process in just 17 months... of a 1st time purchase on a brand new house... oh, and the client only had to fix name, address and price errors on every form they signed. FFS.



chopper602

1,797 posts

189 months

Wednesday 24th February
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Valuer was last week, energy rating (and floorplan) guy on Friday, photographer came on Monday. An initial exterior video was on the estate agents Facebook page on Monday evening. The property isn't on 'Rightmove' yet, but we have three people, with no chains coming to view on Friday. It's starting to look a bit real and although we've seen a couple of places we like, they won't really entertain viewing until we have offers on our place (odd way of doing it).
Doubt we'd be done for the stamp duty holiday but fingers crossed. I'm definitely not looking forward to packing my garage up

Evoluzione

6,063 posts

209 months

Thursday 25th February
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Fast Bug said:
Evoluzione said:
Fast Bug said:
I was talking to one of the Dads at the school earlier about the extension, he said he'd spoken to the politics guys about this and was fairly confident it's accurate. Still not getting excitied until I hear it from Rishi himself...
I spoke to my next door neighbours cousin who knows people, he said it was probably true as well.
I missed the part that he's the online editor of one of the national newspapers. I should know my limits and not try and multi-task....
The Sun, Daily Mail or Daily Sport?
Sorry you're not filling me with confidence, but hope it turns out to be the case.

AJB88

7,760 posts

137 months

Thursday 25th February
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The property we have offered on and had it accepted, originally told us they would move into a parents house for now but have since told us the house they are buying is now empty as the owner of it has bought another property and moved into that.

8pm last night estate agent calls me, solicitors have been talking and the people above me aren't moving now till July, both people below me have said no straight away. luckily I have contact with the person above me so came straight out with it and asked them, they are advising not the case at all, they are starting to pack slowly and want to move asap.

so either somebody has got their wires crossed or somebody is lying. The start of the fun and games.

cml24

957 posts

113 months

Thursday 25th February
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AJB88 said:
The property we have offered on and had it accepted, originally told us they would move into a parents house for now but have since told us the house they are buying is now empty as the owner of it has bought another property and moved into that.

8pm last night estate agent calls me, solicitors have been talking and the people above me aren't moving now till July, both people below me have said no straight away. luckily I have contact with the person above me so came straight out with it and asked them, they are advising not the case at all, they are starting to pack slowly and want to move asap.

so either somebody has got their wires crossed or somebody is lying. The start of the fun and games.
I hate the lies and mis-truths involved in the process! The more in the chain the harder.

Even just selling our house we couldn't get the same answer from solicitors and estate agent. If this was work, I'd setup a call with all parties, agree a few points and send out minutes. Done! Instead it's like a playground game of Chinese whispers!

AJB88

7,760 posts

137 months

Thursday 25th February
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Yeh it seems like it, its almost like let all parties talk to eachother and then feedback to the solicitors.

surveyor

15,570 posts

150 months

Thursday 25th February
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cml24 said:
AJB88 said:
The property we have offered on and had it accepted, originally told us they would move into a parents house for now but have since told us the house they are buying is now empty as the owner of it has bought another property and moved into that.

8pm last night estate agent calls me, solicitors have been talking and the people above me aren't moving now till July, both people below me have said no straight away. luckily I have contact with the person above me so came straight out with it and asked them, they are advising not the case at all, they are starting to pack slowly and want to move asap.

so either somebody has got their wires crossed or somebody is lying. The start of the fun and games.
I hate the lies and mis-truths involved in the process! The more in the chain the harder.

Even just selling our house we couldn't get the same answer from solicitors and estate agent. If this was work, I'd setup a call with all parties, agree a few points and send out minutes. Done! Instead it's like a playground game of Chinese whispers!
This was exactly what I did (bar the minutes) after the solicitors were not understanding an issue. Developers sol would just say no issue, while our solicitor would accept that despite their clearly being an issue with a shared drainage system that was not being adopted and provisions for maintenance and sharing the cost of the maintenance being missing. For some reason the developers solicitor was reluctant to pick up instructions on this also from their client (perhaps as they had already missed this point on one of the 4 houses that had already completed), the developer and I eventually demanded that they speak on a conference call to resolve this and remaining issue with is on attendance.

DanL

4,058 posts

231 months

Thursday 25th February
quotequote all
cml24 said:
AJB88 said:
The property we have offered on and had it accepted, originally told us they would move into a parents house for now but have since told us the house they are buying is now empty as the owner of it has bought another property and moved into that.

8pm last night estate agent calls me, solicitors have been talking and the people above me aren't moving now till July, both people below me have said no straight away. luckily I have contact with the person above me so came straight out with it and asked them, they are advising not the case at all, they are starting to pack slowly and want to move asap.

so either somebody has got their wires crossed or somebody is lying. The start of the fun and games.
I hate the lies and mis-truths involved in the process! The more in the chain the harder.

Even just selling our house we couldn't get the same answer from solicitors and estate agent. If this was work, I'd setup a call with all parties, agree a few points and send out minutes. Done! Instead it's like a playground game of Chinese whispers!
Without wanting to be the prophet of doom, I’d prepare for the worst. Hopefully the estate agents have confused two clients and given you the wrong information.

However, the person who’s selling to you has a vested interest in keeping the chain intact - they may well not be entirely truthful with their intentions, hoping that by the time it reaches the crunch, everyone is so invested that they’ll all agree to hang on an extra couple of months...

AJB88

7,760 posts

137 months

Thursday 25th February
quotequote all
The person I am buying from is moving/downsizing further up the country to be local to a ill parent so has advised me they want to move ASAP, they originally said they would move in with parents if needs be so hopefully if their is a delay that option can be used, the 2 below me are ready to go.

DanL

4,058 posts

231 months

Thursday 25th February
quotequote all
AJB88 said:
The person I am buying from is moving/downsizing further up the country to be local to a ill parent so has advised me they want to move ASAP, they originally said they would move in with parents if needs be so hopefully if their is a delay that option can be used, the 2 below me are ready to go.
That’s pretty reassuring then (for you, less for them!) - sounds like they have a compelling reason and timescale... smile

AJB88

7,760 posts

137 months

Thursday 25th February
quotequote all
DanL said:
That’s pretty reassuring then (for you, less for them!) - sounds like they have a compelling reason and timescale... smile
Yeh hence why I feel bad pestering them. It sounds like a solicitor mix up. But hopefully we will get to bottom off it quickly.

LetsTryAgain

2,904 posts

39 months

Thursday 25th February
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I’d like to move but it looks like 50% plus more to get something worth moving in to.
A year in to our five year fixed mortgage as well, so there’d be costs associated with that.
I just keep looking every now and again and keep improving the house in the meantime.

Gad-Westy

11,555 posts

179 months

Thursday 25th February
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LetsTryAgain said:
I’d like to move but it looks like 50% plus more to get something worth moving in to.
A year in to our five year fixed mortgage as well, so there’d be costs associated with that.
I just keep looking every now and again and keep improving the house in the meantime.
The house on your profile looks fine to me. wink

parakitaMol.

11,636 posts

217 months

Thursday 25th February
quotequote all
Gad-Westy said:
LetsTryAgain said:
I’d like to move but it looks like 50% plus more to get something worth moving in to.
A year in to our five year fixed mortgage as well, so there’d be costs associated with that.
I just keep looking every now and again and keep improving the house in the meantime.
The house on your profile looks fine to me. wink
Crikey! thanks to your stalking I had a look - that's fabulous! why move?

ajap1979

4,992 posts

153 months

Thursday 25th February
quotequote all
LetsTryAgain said:
I’d like to move but it looks like 50% plus more to get something worth moving in to.
A year in to our five year fixed mortgage as well, so there’d be costs associated with that.
I just keep looking every now and again and keep improving the house in the meantime.
Why would there be costs? We're porting our existing 5 year fixed deal. The additional borrowing just runs parallel to it.

LetsTryAgain

2,904 posts

39 months

Thursday 25th February
quotequote all
Haha - sorry everyone.
That’s not my house.
That’s Wappenbury Hall, Sir William Lyons’ house.
If I lived there, I’d never leave!

My house is worth a lot less than national average and the issue is I’ll be adding £75k+ on to a mortgage to get somewhere worth moving to.
That’s a 3 bed semi, but with a 30ft long garage and in a nice area.
The next move would have to be detached, with a good bit of garden and either a bigger garage or plenty of space to build one.

On the point of not ending the mortgage and starting a new one; I didn’t know about that.
Will have to do some research.

Biggus thingus

236 posts

10 months

Thursday 25th February
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Got mine on the market, been on for a few months now and wanting an offer to get moving

Had a viewing booked for last couple of days for 12.30 today

Opened door, sorry, not gonna waste your time, don't like the area, drive off!

Who books a viewing via an estate agent without making sure the property is in the area you want rather than waiting for satnav to drive you there to confirm you don't want to live there?

LetsTryAgain

2,904 posts

39 months

Thursday 25th February
quotequote all
Least they were honest! Haha. And upfront.

What I do is walk the dog around the area before even ringing the EA.