Is anyone moving now?

Is anyone moving now?

Author
Discussion

fesuvious

6,312 posts

209 months

Sunday 13th June
quotequote all
Friday was the first day we experienced shouting, swearing and indeed crying on the phones.

Just on Friday we fielded 25-30 calls from members of the public who were ready to exchange' but cannot find a house mover.

We've had enquiries from up to 80ish miles away now.......

We predicted it would begin last Thursday so we were not too far out.

Overheated, hysterical, mania.

Treasury, what have you done.

DanL

4,116 posts

233 months

Sunday 13th June
quotequote all
Flooble said:
Say you were prepared to do say 45 minutes each way 5 days a week before = 450 minutes of commuting per week. Now, thanks for only needing to be in two days a week, you feel an hour and a half will be okay. 360 minutes of commuting per week. So you save a total of 90 minutes over your previous existence and you get a bigger house/garden/whatever. Sounds decent.

Except that thanks to prices zooming up, you are probably looking at only a marginal gain - the first movers may have traded a 3-bed semi with a postage stamp garden for a 4 bed detached with an acre of grounds, but now everyone wants the country house and fewer people want the 3-bed semi. So the house you want is more expensive and the house you are selling has stayed static.
That ignores that people in two bed flats (say) might be delighted to get into a 3 bed semi…

Your post is a bit too long to respond to on the phone, but I agree with a number of your other points. In terms of cities being attractive - they’re still attractive now in my view, but as a commuter I’ve made the decision to have a four bed house in Windsor rather than a 1 bed flat in zone 1… City living will continue to be attractive to those it always has been attractive to - under 35s, and those who just love the buzz.

Sporky

1,995 posts

32 months

Sunday 13th June
quotequote all
DanL said:
hat ignores that people in two bed flats (say) might be delighted to get into a 3 bed semi…
Exactly what our buyers have done.

And their buyer is going from sharing a flat to having their own 2-bed flat.

Everyone is "moving up", everyone is happy.

Edited by Sporky on Sunday 13th June 21:48

corradokid

119 posts

199 months

Sunday 13th June
quotequote all
We’ve had our mortgage application down valued by 15k on a 435k property, house is being sold as part of a divorce settlement with a court order, guy has said ok he’ll accept mortgage valuation of 420k, woman who is still living there says no I want 435k still, house is a complete mess and req a complete refurb ( not even a working boiler at present ) so we don’t know what to do. Estate agents just shrugging their shoulders. Gutted right now as there is so little on the market and house would meet our needs once sorted, but at the same time it impacts our LTV and by all accounts clearly the house isn’t worth the asking so we can’t justify throwing 15k of the refurb budget at it. Anyone got any wisdom to share?

ooid

2,603 posts

68 months

Sunday 13th June
quotequote all
My property was down valued too during the sale, around 25k so we met in the middle with the buyers and they put 12k more on their deposit. very common nowadays.

corradokid

119 posts

199 months

Sunday 13th June
quotequote all
ooid said:
My property was down valued too during the sale, around 25k so we met in the middle with the buyers and they put 12k more on their deposit. very common nowadays.
The issue for us I guess is that it’s not our dream home, and it needs a lot of work to get good, which we just about have. Putting another 15k on top would put us in a position of where we might not have enough funds to complete the renovation and in turn makes it unviable for us.

Whilst it’s easy for me to say, I’m not sure what she is hoping to achieve as our offer at asking was the best by 10k, and the house is only going to fall further into disrepair.

Evoluzione

6,296 posts

211 months

Sunday 13th June
quotequote all
fesuvious said:
Friday was the first day we experienced shouting, swearing and indeed crying on the phones.

Just on Friday we fielded 25-30 calls from members of the public who were ready to exchange' but cannot find a house mover.

We've had enquiries from up to 80ish miles away now.......

We predicted it would begin last Thursday so we were not too far out.

Overheated, hysterical, mania.

Treasury, what have you done.
People are too stupid and lazy to just hire a van or two.



In other news, at more than 12 months in we're nearly there. Our oaf seller has demanded we pay his up front £650 removal company fee so we can complete before the end of the month. If we do complete he says he'll give us it back.
I doubt he would, but we'll knock it off what we pay for the house if not.
A stressful 12 months is reaching its climax over the next couple of weeks....

Fast Bug

9,492 posts

129 months

Sunday 13th June
quotequote all
Evoluzione said:
People are too stupid and lazy to just hire a van or two.
We had an 18t truck and 4 guys to move from a 3 bed semi, we couldn’t have done it ourselves with a couple of vans!

Evoluzione

6,296 posts

211 months

Sunday 13th June
quotequote all
Fast Bug said:
Evoluzione said:
People are too stupid and lazy to just hire a van or two.
We had an 18t truck and 4 guys to move from a 3 bed semi, we couldn’t have done it ourselves with a couple of vans!
Best 'I art richer than yow' Post ever. biggrin

Fast Bug

9,492 posts

129 months

Sunday 13th June
quotequote all
Evoluzione said:
Fast Bug said:
Evoluzione said:
People are too stupid and lazy to just hire a van or two.
We had an 18t truck and 4 guys to move from a 3 bed semi, we couldn’t have done it ourselves with a couple of vans!
Best 'I art richer than yow' Post ever. biggrin
More like best my wife is a hoarder and I have 2 kids post ever laugh

kiethton

12,511 posts

148 months

Monday 14th June
quotequote all
Our flat is now sold STC after what was 18 viewings over the last 3 days, all booked since it hit Rightmove less than a week ago.

Gone over asking (intentionally kept low to get demand) - just got to find somewhere to move to ourselves now....

ooid

2,603 posts

68 months

Monday 14th June
quotequote all
corradokid said:
The issue for us I guess is that it’s not our dream home, and it needs a lot of work to get good, which we just about have. Putting another 15k on top would put us in a position of where we might not have enough funds to complete the renovation and in turn makes it unviable for us.

Whilst it’s easy for me to say, I’m not sure what she is hoping to achieve as our offer at asking was the best by 10k, and the house is only going to fall further into disrepair.
Yes, I can see that. My property was fully finished really, all they had to do just move in! (new kitchen and etc...). For a property with a big refurb need, I would also keep negotiating, if they are being unreasonable douchebags just move on. Remember, they are getting a divorce, so probably the bitterness all around on that transaction!

75Black

349 posts

50 months

Monday 14th June
quotequote all
Jesus flipping christ, I've been advised by my solicitor that despite having accepted our offer 4 months ago my seller is yet to find his own place. Meanwhile our buyers are ready to exchange and my brother's sellers too. If he's not able to find a place, my dad and I are screwed, especially if the buyer wants to exchange before end of June...ffs.

surveyor

15,691 posts

152 months

Monday 14th June
quotequote all
75Black said:
Jesus flipping christ, I've been advised by my solicitor that despite having accepted our offer 4 months ago my seller is yet to find his own place. Meanwhile our buyers are ready to exchange and my brother's sellers too. If he's not able to find a place, my dad and I are screwed, especially if the buyer wants to exchange before end of June...ffs.
What has the agent being doing? This should have been known about a while ago...

fesuvious

6,312 posts

209 months

Monday 14th June
quotequote all
To cap it off you might yet find your EA not only knows this but has already promised your buyer that you will chain break....

Just prep yourself for it.

The suggestion that you will do rented and/or go to store.

75Black

349 posts

50 months

Monday 14th June
quotequote all
surveyor said:
75Black said:
Jesus flipping christ, I've been advised by my solicitor that despite having accepted our offer 4 months ago my seller is yet to find his own place. Meanwhile our buyers are ready to exchange and my brother's sellers too. If he's not able to find a place, my dad and I are screwed, especially if the buyer wants to exchange before end of June...ffs.
What has the agent being doing? This should have been known about a while ago...
I only found out when I was CC'd into an email regarding responses to our solicitors queries when it came up about a week ago. My solicitors is trying to push hard to find out what's going on.

C Lee Farquar

3,502 posts

184 months

Monday 14th June
quotequote all
75Black said:
I only found out when I was CC'd into an email regarding responses to our solicitors queries when it came up about a week ago. My solicitors is trying to push hard to find out what's going on.
Your solicitor only needs to make one call to your vendors solicitor to ask if they are progressing with a purchase. Or they can dictate a letter that will be typed god knows when and expect a reply in two weeks, having been chased again.

Unless you're miles away I'd go round and see your vendor and get it from the horses mouth, arrange a review if it makes you more comfortable.



75Black

349 posts

50 months

Monday 14th June
quotequote all
C Lee Farquar said:
75Black said:
I only found out when I was CC'd into an email regarding responses to our solicitors queries when it came up about a week ago. My solicitors is trying to push hard to find out what's going on.
Your solicitor only needs to make one call to your vendors solicitor to ask if they are progressing with a purchase. Or they can dictate a letter that will be typed god knows when and expect a reply in two weeks, having been chased again.

Unless you're miles away I'd go round and see your vendor and get it from the horses mouth, arrange a review if it makes you more comfortable.
The only confusing thing is why would the seller dick around but have done all the paperwork and stuff from his end, I got the TR1 form sent to me a month ago and my solicitor is due to send me the contract too in a few days.

AJB88

7,908 posts

139 months

Monday 14th June
quotequote all
Just a quick question for those in the know!

I'm due to complete on Friday, I've informed all the usual people we are moving such as my electric/gas company (Bulb). The house I am moving into though is currently served by EDF. They day I move in do I have to sign up to EDF? or will they keep me on as kind of a pay as you go customer until I either sign up properly or switch?


Chamon_Lee

2,856 posts

115 months

Monday 14th June
quotequote all
AJB88 said:
Just a quick question for those in the know!

I'm due to complete on Friday, I've informed all the usual people we are moving such as my electric/gas company (Bulb). The house I am moving into though is currently served by EDF. They day I move in do I have to sign up to EDF? or will they keep me on as kind of a pay as you go customer until I either sign up properly or switch?
The current owner would have told EDF the date they are leaving. You will be billed from that date onwards on a bit of a crappy rate and be billed accordingly.

As long as you do your usual look for a supplier and tell them your new address then they still start to supply and EDF just bill you for a few days/weeks you used