Is anyone moving now?

[Flooble]

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.
...

I think I see a solution here. You have 6 removal men doing nothing ... your seller needs help moving her stuff out. Hire the men to her.

[Flooble]

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!

So it's costing you an extra £30K?

[SunsetZed]

Flooble said:

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!

So it's costing you an extra £30K?

If you complete in the next 3 months it's half stamp duty not full stamp duty so shouldn't it be an £7.5k for each rather than £15k? Still annoying but you should be 15k better off than you thought (although of worse 15k worse off than you hoped before).

[essayer]

Nope, it's even more after October. £15k is about right. Plus £15k in house price which might need mortgage offer changed etc. Charge it back down the chain?

[AndyC_123]

Funds transferred across to solicitor today with completion due tomorrow.

Mixed use property so no stamp duty saving, hence not pushing for today

[Biggus thingus]

Bit of a panic moment but got keys to new house at 3pm

Removal firm been brilliant and thrown another 4 lads at emptying vans and placing all gear in right rooms

And breath!!!!

[Quhet]

Despite our offer being accepted at the start of March when we had a buyer for our current place lined up, we've missed the deadline. Very annoyed and it'll now potentially cost us £10k in stamp duty.

Long and short of it is that it's a probate sale. Property marketed as ready to go, all emptied out and no chain. We only found out a few weeks later when the searches were coming through that the chap had literally only died the weekend before the house went on the market and that probate would likely be 8 weeks. Fine, no problem, we'd still easily meet the deadline. Not so - we've been strung on week after week that "it'll not be long now" but it's still not through. The family has been evasive when we have chased and now they are not willing to drop the price a bit to account for the stamp duty we'll be liable for.

The property is a proper doer upper and needs £50k work minimum. Whilst we can 'afford' the £10k, it will knock out a chunk of our renovations budget and will mean we'll probably have to compromise on what we want to do with the place. Grrr

[Flooble]

Biggus thingus said:

Bit of a panic moment but got keys to new house at 3pm

Removal firm been brilliant and thrown another 4 lads at emptying vans and placing all gear in right rooms

And breath!!!!

Congratulations - skin of your teeth!

[SweptVolume]

Quhet said:

Long and short of it is that it's a probate sale. Property marketed as ready to go, all emptied out and no chain. We only found out a few weeks later when the searches were coming through that the chap had literally only died the weekend before the house went on the market and that probate would likely be 8 weeks. Fine, no problem, we'd still easily meet the deadline. Not so - we've been strung on week after week that "it'll not be long now" but it's still not through. The family has been evasive when we have chased and now they are not willing to drop the price a bit to account for the stamp duty we'll be liable for.

That's pretty devious on the vendor's part. My dad applied for probate and got it sorted before he put the house up for sale. The way he explained it to me, he wasn't able to sell it until probate had been granted and to him that means marketing it too.

Sadly, some people don't seem to care about the correct ways to conduct themselves, and just do whatever.

[Blown2CV]

not rocket science is it. In early June we told the vendor we were progressed with that we were reducing the price we were willing to pay by 15k if they kept fking around. They pulled out.

[Frik]

Our buyer initially offered with the condition of meeting the deadline which was a) tight time-wise and b) completely out of our hands. We refused and they came back with an offer of asking with no conditions, which we accepted.

We then heard via their solicitor that they were keen to get going (despite previously saying they weren't in a rush because they were in rented) and would like a discount for meeting the deadline. We politely suggested what they could do with this plan...

It's been a few months since and we just can't find anything suitable (or even close to suitable) so looking forward to them asking for a discount again tomorrow. Their problem is there isn't anything else for them to buy either so I guess we're stuck like this for the time being.

[Quhet]

SweptVolume said:

Quhet said:

Long and short of it is that it's a probate sale. Property marketed as ready to go, all emptied out and no chain. We only found out a few weeks later when the searches were coming through that the chap had literally only died the weekend before the house went on the market and that probate would likely be 8 weeks. Fine, no problem, we'd still easily meet the deadline. Not so - we've been strung on week after week that "it'll not be long now" but it's still not through. The family has been evasive when we have chased and now they are not willing to drop the price a bit to account for the stamp duty we'll be liable for.

That's pretty devious on the vendor's part. My dad applied for probate and got it sorted before he put the house up for sale. The way he explained it to me, he wasn't able to sell it until probate had been granted and to him that means marketing it too.

Sadly, some people don't seem to care about the correct ways to conduct themselves, and just do whatever.

Don't think that the vendors are being deliberately devious and I hope that it's just naivety. Probate is being progressed through a different solicitor than the conveyancers handling the sale which just complicates things and they are just not pushing either. They are just waiting for the money so there isn't the urgency you'd have if they were moving house too. It doesn't help of course that it's a large family so decisions take time....

[Blown2CV]

Quhet said:

SweptVolume said:

Quhet said:

Long and short of it is that it's a probate sale. Property marketed as ready to go, all emptied out and no chain. We only found out a few weeks later when the searches were coming through that the chap had literally only died the weekend before the house went on the market and that probate would likely be 8 weeks. Fine, no problem, we'd still easily meet the deadline. Not so - we've been strung on week after week that "it'll not be long now" but it's still not through. The family has been evasive when we have chased and now they are not willing to drop the price a bit to account for the stamp duty we'll be liable for.

That's pretty devious on the vendor's part. My dad applied for probate and got it sorted before he put the house up for sale. The way he explained it to me, he wasn't able to sell it until probate had been granted and to him that means marketing it too.

Sadly, some people don't seem to care about the correct ways to conduct themselves, and just do whatever.

Don't think that the vendors are being deliberately devious and I hope that it's just naivety. Probate is being progressed through a different solicitor than the conveyancers handling the sale which just complicates things and they are just not pushing either. They are just waiting for the money so there isn't the urgency you'd have if they were moving house too. It doesn't help of course that it's a large family so decisions take time....

We had a fairly similar experience. Wasn't probate but the vendor was moving into a new build which we kept being told was almost ready so it was "as good as no chain". They had previously pulled the house they were selling from the market due to a delay, and then subsequently re-listed it, which is when we saw it. The agent worded it carefully we think, but they did give the impression it was ready and there should be no hold ups. Just to be of the safe side, they said, would we agree that we wouldn't pull out if we went past the end of June. We said well OK but we aren't in the business of setting fire to bank notes so... and then no more was said. After the purchase was agreed, they never replied to any queries we raised, chasers etc. Not even a courtesy email to tell us they were still unsure as to ETA etc. We originally did the deal back in March, believing full well we would be fine by the end of June. As time went on our feet got colder and colder and it dawned on us that we were having the piss taken out of us.

[cowboyengineer]

SweptVolume said:

That's pretty devious on the vendor's part. My dad applied for probate and got it sorted before he put the house up for sale. The way he explained it to me, he wasn't able to sell it until probate had been granted and to him that means marketing it too.

Sadly, some people don't seem to care about the correct ways to conduct themselves, and just do whatever.

I’m selling a house which is currently going through probate. I have made it very clear that the timeline is out of my hands in regards to probate and it’s only just been applied for so it’s going to be a minimum of 3 months and then there could be delays and it’s up to them. However the property is empty and the day probate goes through is they day we can exchange

[Simes205]

essayer said:

Nope, it's even more after October. £15k is about right. Plus £15k in house price which might need mortgage offer changed etc. Charge it back down the chain?

Correct.
If we charged it back down we would just add another 5 months for them to muck us about.

[Civilian47]

We finally completed on our purchase today, went surprisingly smoothly and had the keys by midday. No chain and currently in rental so no mad rush or move in which is lucky as the earliest we could get for a removals company is next Monday.

So pleased to have made the stamp duty deadline, our offer wasn't accepted until the first week in May so good going I reckon! All in all though it's been a stressful process that we began back in October when we put our house on the market.

Good not to hear too many stories of sales falling through or missing the stamp duty holiday so far!

Edited by Civilian47 on Wednesday 30th June 23:34

[robuk]

For those wanting to check if probate has been issued https://probatesearch.service.gov.uk/ is very handy - and then can nudge people as a result.

Plus for those who want to be nosey about historic wills etc

[Petrus1983]

I’m finding it impossible to view properties - the agents won’t allow me to view a certain property until I’ve accepted an offer on my place. They’re saying it’s because of Covid restrictions but I’m calling bs on that as they won’t even do a FaceTime viewing. I’ve had to resort to posting a note through a door today asking if the vendor could contact me - it’s been on the market for a while (considering the booming market) and has been reduced by £75k so far.

[C70R]

Petrus1983 said:

I’m finding it impossible to view properties - the agents won’t allow me to view a certain property until I’ve accepted an offer on my place. They’re saying it’s because of Covid restrictions but I’m calling bs on that as they won’t even do a FaceTime viewing. I’ve had to resort to posting a note through a door today asking if the vendor could contact me - it’s been on the market for a while (considering the booming market) and has been reduced by £75k so far.

Given that they have likely got a book full of people who are more ready to move, why would they prioritise you? Their business is to sell property as quickly as possible.

[Petrus1983]

C70R said:

Given that they have likely got a book full of people who are more ready to move, why would they prioritise you? Their business is to sell property as quickly as possible.

They obviously don’t have a book full of people in a better position.