Is anyone moving now?
Discussion
Blown2CV said:
missed this thread previously. We've had a total nightmare over the last year or so. Sold our place, all giddy and for a good price, all the way back in June 20. Couldn't find a place that fitted our criteria despite looking regionally rather than in a localised area, and having a wide price bracket. Ended up moving out of our house to facilitate the sale back in Nov, and that will either go down as a genius move or a terrible move and only time will tell. We've lost out on a good handful of places, and had one purchase agreed and progressed which fell through as the vendor was a tit. Properly done with it all now.
Short term, we are stuck in a rental house which is s
tter than the one we moved out of, and the rent is twice what the mortgage payment was. Longer term, we still have no line of sight as to how we find the place we want and actually secure it. We've had a few instances of being one of 10, 15 and even 20 bidders, and the feeling is that even if you have no chain, if you need a mortgage then you're fked. The only things moving seem to be to proper cash buyers, bidding way way over asking.
Our eldest starts primary school in September and the worst bit is where it starts to feel like our decisions will affect the kids in some way.
I hate the housing market, I hate the people selling houses, i hate estate agents, i hate where we currently live, i just hate it all.
Sounds like you’re now a cash buyer? Or at least nearly?Short term, we are stuck in a rental house which is s
tter than the one we moved out of, and the rent is twice what the mortgage payment was. Longer term, we still have no line of sight as to how we find the place we want and actually secure it. We've had a few instances of being one of 10, 15 and even 20 bidders, and the feeling is that even if you have no chain, if you need a mortgage then you're fked. The only things moving seem to be to proper cash buyers, bidding way way over asking. Our eldest starts primary school in September and the worst bit is where it starts to feel like our decisions will affect the kids in some way.
I hate the housing market, I hate the people selling houses, i hate estate agents, i hate where we currently live, i just hate it all.
Give it a couple of months and things will calm down in the housing market I’m sure.
Kids are also surprisingly resilient and better to change them during primary school than secondary, so no need to panic there either.
Our youngest just started a new primary school and within a week he’s made a few friends, though as parents of course we were worried.
HRL said:
Blown2CV said:
missed this thread previously. We've had a total nightmare over the last year or so. Sold our place, all giddy and for a good price, all the way back in June 20. Couldn't find a place that fitted our criteria despite looking regionally rather than in a localised area, and having a wide price bracket. Ended up moving out of our house to facilitate the sale back in Nov, and that will either go down as a genius move or a terrible move and only time will tell. We've lost out on a good handful of places, and had one purchase agreed and progressed which fell through as the vendor was a tit. Properly done with it all now.
Short term, we are stuck in a rental house which is stter than the one we moved out of, and the rent is twice what the mortgage payment was. Longer term, we still have no line of sight as to how we find the place we want and actually secure it. We've had a few instances of being one of 10, 15 and even 20 bidders, and the feeling is that even if you have no chain, if you need a mortgage then you're fked. The only things moving seem to be to proper cash buyers, bidding way way over asking.
Our eldest starts primary school in September and the worst bit is where it starts to feel like our decisions will affect the kids in some way.
I hate the housing market, I hate the people selling houses, i hate estate agents, i hate where we currently live, i just hate it all.
Sounds like you’re now a cash buyer? Or at least nearly?Short term, we are stuck in a rental house which is s
tter than the one we moved out of, and the rent is twice what the mortgage payment was. Longer term, we still have no line of sight as to how we find the place we want and actually secure it. We've had a few instances of being one of 10, 15 and even 20 bidders, and the feeling is that even if you have no chain, if you need a mortgage then you're fked. The only things moving seem to be to proper cash buyers, bidding way way over asking. Our eldest starts primary school in September and the worst bit is where it starts to feel like our decisions will affect the kids in some way.
I hate the housing market, I hate the people selling houses, i hate estate agents, i hate where we currently live, i just hate it all.
Give it a couple of months and things will calm down in the housing market I’m sure.
Kids are also surprisingly resilient and better to change them during primary school than secondary, so no need to panic there either.
Our youngest just started a new primary school and within a week he’s made a few friends, though as parents of course we were worried.
The schools thing is more of a worry, as i moved primary school twice and i still have i'd say mental health issues in adulthood that stem from that period of my life... anything that disrupts them is a panic to me really.... probably being overly concerned as you say.
Supposed to be completing today - moving into a vacant property. Packed the whole house up into 3 vans (no removal company available). Buyer's solicitors couldn't make it happen. Apparently if we don't complete tomorrow, the funds are rescinded and it'll be another 5 business days before we can exchange.
I'm going to be spending Thursday unpacking the vans back into our house....
I'm going to be spending Thursday unpacking the vans back into our house....
We're both exchanging and completing tomorrow as some last minute queries were still being snagged yesterday and today, but we've been given a completion statement so it's all set to go ahead. Got a Luton van hired for 3 days...moving house, definitely would NOT recommend. Why do we have so much stuff to pack?!
We just exchanged and completed today... And let me advise anyone not to do what we accidently did....
7 days before exchange don't suddenly realise that you've put 25% of your house purchase funds (we are lucky to be mortgage free from house sale last year) into an account that has a 90 day notice period on it. My god the stress to find that money was a nightmare. However just to reassure people.. houses ARE selling for less than asking price in some parts of the market, we had made enquiries on 3 houses and all were open to offers with a substantial reduction. Fingers crossed for everyone tomorrow.
7 days before exchange don't suddenly realise that you've put 25% of your house purchase funds (we are lucky to be mortgage free from house sale last year) into an account that has a 90 day notice period on it. My god the stress to find that money was a nightmare. However just to reassure people.. houses ARE selling for less than asking price in some parts of the market, we had made enquiries on 3 houses and all were open to offers with a substantial reduction. Fingers crossed for everyone tomorrow.
Jakg said:
Jakg said:
Wasn't looking to move, with a new baby we thought it'd be the last things on our minds, but things have been going better than we thought, and we realised we've outgrown our current house.
Found somewhere we liked at the end of January, but were not on the market so were a bit stuck.
A mental week later, were on the market and made an offer which has been accepted.
The next day we have our first viewing, and an offer on our place.
We budgeted for stamp duty (£11k!) but at the time it was possible to complete before the end of March, which would be a big win for us.
Were using the same agent for both transactions.
The good:
The place were buying wasn't on the open market (there's a story there I'm sure), and despite being (we think) very well priced we managed to get a chunk off.
We've got full asking for our place - and that price was a bit above what we wanted to factor in negotiations
We are in the middle of a chain of three.
Moving from spannering on the drive, to a double garage (!).
The bad:
We've used the conveyancers before, but they don't appear to have moved with the times - everything must be on paper.
Were tied to our lender so can only get a mortgage on an "advised" basis - lots of long phone calls.
The sellers have been a bit slow - I suspect a divorce, but as above there's something going on.
The agent told us the buyers were keen to progress, but their survey has only just been booked - 2 weeks after they made their offer. And it's another two weeks until it happens.
I doubt that we can complete in the two weeks between their survey coming back and the end of March so unless stamp duty is extended I can see us paying it...
Frustrating as our survey was booked and completed within a week of the offer being accepted - I would've expected quicker progress from them.
Having said that, we had similar problems when we bought the place as despite having an agreement in principle, we were rejected for the first two mortgages we applied for which held things up, but I could hardly tell the agent we were struggling for funds...
3 months since they made their offer, the buyers are still waiting for a mortgage (!).Found somewhere we liked at the end of January, but were not on the market so were a bit stuck.
A mental week later, were on the market and made an offer which has been accepted.
The next day we have our first viewing, and an offer on our place.
We budgeted for stamp duty (£11k!) but at the time it was possible to complete before the end of March, which would be a big win for us.
Were using the same agent for both transactions.
The good:
The place were buying wasn't on the open market (there's a story there I'm sure), and despite being (we think) very well priced we managed to get a chunk off.
We've got full asking for our place - and that price was a bit above what we wanted to factor in negotiations
We are in the middle of a chain of three.
Moving from spannering on the drive, to a double garage (!).
The bad:
We've used the conveyancers before, but they don't appear to have moved with the times - everything must be on paper.
Were tied to our lender so can only get a mortgage on an "advised" basis - lots of long phone calls.
The sellers have been a bit slow - I suspect a divorce, but as above there's something going on.
The agent told us the buyers were keen to progress, but their survey has only just been booked - 2 weeks after they made their offer. And it's another two weeks until it happens.
I doubt that we can complete in the two weeks between their survey coming back and the end of March so unless stamp duty is extended I can see us paying it...
Frustrating as our survey was booked and completed within a week of the offer being accepted - I would've expected quicker progress from them.
Having said that, we had similar problems when we bought the place as despite having an agreement in principle, we were rejected for the first two mortgages we applied for which held things up, but I could hardly tell the agent we were struggling for funds...
I'm now worried about missing the stamp duty deadline... again.
The buyers mortgage issues dragged on until early June so by the time we exchanged all of the 20 removal companies I called were full.
We wanted a removals company as we have an 8 month old baby, but ended up renting a pair of vans and DIY-ing it.
Even finding the vans was hard work - end up renting a van with a cracked windscreen and a ratchet strap to lock the rear doors off a bloke in a pink tracksuit...
Moving day was unsurprisingly very stressful, but we got out and in the new place.
I left a document for the new owners outlining where the meters are, bin days, paint colours etc.
When I moved in I found a giant arch file and thought it was the same - but most of it just rubbish like a list of local dentists (?!) and a letter they've sent confirming a phone call about a boiler service in 2009.
They did leave some ice lollies though. Just a shame best before 2012...
It's a great house (detached 4 bed, double garage, massive by non-ph standards), but now were in I'm feeling a gloomy as the house is very dirty and I spent years doing the last place up and while the new house is decent and relatively new, it's generally just a bit tired. I'm sure it'll pass though.
Jakg said:
But now we're in I'm feeling gloomy as the house is very dirty and I spent years doing the last place up and while the new house is decent and relatively new, it's generally just a bit tired. I'm sure it'll pass though.
Glad you managed to get sorted eventually - moving yourself with an eight-month-old doesn't sound like a fun game!I'm a bit worried that we're going to feel the same when we move despite gaining an office and playroom and going from a 3/4 garage (part utility room) to a double! I'm sure we'll be the same as you though and happy once we get things painted and pictures up etc. Just really sad to leave our current house!
Well ours is going a bit wrong at the moment.
Today is completion day.
Our Seller is a hoarder. The we are buying is house is full of rubbish, I. E. Her belongings.
We pushed and pushed for completion earlier than Stamp Duty Deadline Day, the Seller refused.
Now, unsurprisingly, the Seller is struggling to get out in time. The Seller is saying hopefully 4pm
We currently have two massive lorries full of stuff and 6 removal men sat waiting. We'll soon start paying for this additional wait time.
We are still expecting to complete today.
We are asking for a certain amount of cash to be held back to deal with removal of the Seller's stuff.
This is yet to be agreed.
We do not know if the house will be empty enough for us to actually get our stuff in.
Its quite a mess. It's a little stressful. It shouldn't be how this day should go.
But, currently, we are sat on our hands, money is going out the window and
- we don't know what time we'll get keys
- we don't know how much stuff will be left I the hiuse
- we don't know if so much stuff will be left that we won't be able to move in our own stuff.
- we have an army of cleaners tomorrow ready to clean the renovation hole we are moving in to, we don't know if that will be money down the drain as there will be too much stuff to clean.
A lot of uncertainty
Today is completion day.
Our Seller is a hoarder. The we are buying is house is full of rubbish, I. E. Her belongings.
We pushed and pushed for completion earlier than Stamp Duty Deadline Day, the Seller refused.
Now, unsurprisingly, the Seller is struggling to get out in time. The Seller is saying hopefully 4pm
We currently have two massive lorries full of stuff and 6 removal men sat waiting. We'll soon start paying for this additional wait time.
We are still expecting to complete today.
We are asking for a certain amount of cash to be held back to deal with removal of the Seller's stuff.
This is yet to be agreed.
We do not know if the house will be empty enough for us to actually get our stuff in.
Its quite a mess. It's a little stressful. It shouldn't be how this day should go.
But, currently, we are sat on our hands, money is going out the window and
- we don't know what time we'll get keys
- we don't know how much stuff will be left I the hiuse
- we don't know if so much stuff will be left that we won't be able to move in our own stuff.
- we have an army of cleaners tomorrow ready to clean the renovation hole we are moving in to, we don't know if that will be money down the drain as there will be too much stuff to clean.
A lot of uncertainty
TCruise said:
Well ours is going a bit wrong at the moment.
Today is completion day.
Our Seller is a hoarder. The we are buying is house is full of rubbish, I. E. Her belongings.
We pushed and pushed for completion earlier than Stamp Duty Deadline Day, the Seller refused.
Now, unsurprisingly, the Seller is struggling to get out in time. The Seller is saying hopefully 4pm
We currently have two massive lorries full of stuff and 6 removal men sat waiting. We'll soon start paying for this additional wait time.
We are still expecting to complete today.
We are asking for a certain amount of cash to be held back to deal with removal of the Seller's stuff.
This is yet to be agreed.
We do not know if the house will be empty enough for us to actually get our stuff in.
Its quite a mess. It's a little stressful. It shouldn't be how this day should go.
But, currently, we are sat on our hands, money is going out the window and
- we don't know what time we'll get keys
- we don't know how much stuff will be left I the hiuse
- we don't know if so much stuff will be left that we won't be able to move in our own stuff.
- we have an army of cleaners tomorrow ready to clean the renovation hole we are moving in to, we don't know if that will be money down the drain as there will be too much stuff to clean.
A lot of uncertainty
you'll have clauses in the contract surrounding missed deadlines and so onToday is completion day.
Our Seller is a hoarder. The we are buying is house is full of rubbish, I. E. Her belongings.
We pushed and pushed for completion earlier than Stamp Duty Deadline Day, the Seller refused.
Now, unsurprisingly, the Seller is struggling to get out in time. The Seller is saying hopefully 4pm
We currently have two massive lorries full of stuff and 6 removal men sat waiting. We'll soon start paying for this additional wait time.
We are still expecting to complete today.
We are asking for a certain amount of cash to be held back to deal with removal of the Seller's stuff.
This is yet to be agreed.
We do not know if the house will be empty enough for us to actually get our stuff in.
Its quite a mess. It's a little stressful. It shouldn't be how this day should go.
But, currently, we are sat on our hands, money is going out the window and
- we don't know what time we'll get keys
- we don't know how much stuff will be left I the hiuse
- we don't know if so much stuff will be left that we won't be able to move in our own stuff.
- we have an army of cleaners tomorrow ready to clean the renovation hole we are moving in to, we don't know if that will be money down the drain as there will be too much stuff to clean.
A lot of uncertainty
Exchanged yesterday and completed today! Hoorah. Seller still has a load of stuff there he can't get a moving company to take for a week or so - not ideal, but better than giving Boris another £15k. Had to really lean on the conveyancers to get it done in time (offer was accepted early April), but just scraped through in the end.
Glad to hear that folk are managing to get things through in time for the deadline - I'm very glad that we're in Scotland so weren't pushing to meet it!
Just settled the account with our estate agents and heading over tomorrow lunchtime to sign the papers - exciting times (keys next Friday, hopefully!)
Just settled the account with our estate agents and heading over tomorrow lunchtime to sign the papers - exciting times (keys next Friday, hopefully!)
Simes205 said:
Nice one everyone.
Our buyers solicitors, dealing with lower chain, incompetency have cost us an extra 15 k in stamp.
Our vendors have just added 15k on to the value of the house we are buying to take into account them paying more stamp.
We just want to fking move!
There is going to be a lot of this....! Our buyers solicitors, dealing with lower chain, incompetency have cost us an extra 15 k in stamp.
Our vendors have just added 15k on to the value of the house we are buying to take into account them paying more stamp.
We just want to f
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