Is anyone moving now?
Discussion
Now that we’ve exchanged on our new house, have put my place up for sale.
It sold this time last year for 450k, (but our purchase fell through so we had to pull out) have put it up for 425k as the market isn’t as strong as last year.
2 viewings booked in the same afternoon it went live so that’s a good start.
It sold this time last year for 450k, (but our purchase fell through so we had to pull out) have put it up for 425k as the market isn’t as strong as last year.
2 viewings booked in the same afternoon it went live so that’s a good start.
Hustle_ said:
Had offer accepted early July. Now finally have a complete chain. I’m at the bottom of the chain, FTB with mortgage. Four other parties in the chain, all paying cash, with the people at the top moving into new build. Eight months in and chain stress may finally begin 
Yikes, new build have a habit of being delayed… let’s hope theirs is on time
Greshamst said:
Now that we’ve exchanged on our new house, have put my place up for sale.
It sold this time last year for 450k, (but our purchase fell through so we had to pull out) have put it up for 425k as the market isn’t as strong as last year.
2 viewings booked in the same afternoon it went live so that’s a good start.
Good luck with the sale. We completed our purchase on 19 Feb, completed one sale (which we weren’t living in) on 7 March and are packing our current home now to move on 18 March - it has felt like a long process and I’m not sure that’s necessarily a good thing, but we did manage to secure pretty much our perfect house at a very good price by being chain-free. Final step will be completing the sale of our current house, probably in May at current rate of progress.It sold this time last year for 450k, (but our purchase fell through so we had to pull out) have put it up for 425k as the market isn’t as strong as last year.
2 viewings booked in the same afternoon it went live so that’s a good start.
In terms of the market, there is clearly plenty sitting around. Our seller dropped his asking price by £250k last August and we viewed and agreed to buy in Sept, so I think we managed to take advantage of a softer market last year. Selling this year seems to be much more active.
Received the property report, contract, transfer and title plan today although apparently there are still a few outstanding enquiries but surely we're almost there now. Does turn out to be an unadopted road and a £250 annual maintenance charge, which the estate agent didn't mention but not much I can do about that now.
CT05 Nose Cone said:
Received the property report, contract, transfer and title plan today although apparently there are still a few outstanding enquiries but surely we're almost there now. Does turn out to be an unadopted road and a £250 annual maintenance charge, which the estate agent didn't mention but not much I can do about that now.
we just had the same, £440 a year no mention of it until now. seems a lot of money and has no effect on the council tax cost.Craigyboy143 said:
CT05 Nose Cone said:
Received the property report, contract, transfer and title plan today although apparently there are still a few outstanding enquiries but surely we're almost there now. Does turn out to be an unadopted road and a £250 annual maintenance charge, which the estate agent didn't mention but not much I can do about that now.
we just had the same, £440 a year no mention of it until now. seems a lot of money and has no effect on the council tax cost.gmaz said:
So, the house went on the market this morning, five viewings booked already.
First viewing was at 1pm and they have made an offer of 100% of the asking price, have no chain, mortgage agreed in principle etc. Well f**k me sideways! Maybe we could have got more for it, but if this is a quick sale I'm very happy as it has been costing us over £1000 a month in mortgage repayments plus utilities, council tax since the tenants moved out.
Well I knew it was too good to be true. First the buyer wanted to knock us down £5K because of unforeseen issues getting the mortgage which was supposedly already agreed. We reluctantly accepted. Two weeks later they have pulled out completely.First viewing was at 1pm and they have made an offer of 100% of the asking price, have no chain, mortgage agreed in principle etc. Well f**k me sideways! Maybe we could have got more for it, but if this is a quick sale I'm very happy as it has been costing us over £1000 a month in mortgage repayments plus utilities, council tax since the tenants moved out.
So the house is back on the market, and it looks like there is now quite a bit more competition from other properties for sale in the area at similar prices.
I've had to get some cash out of my pension to cover our cash-flow for the next few months.
How do people feel about requesting to go and view the property you're in the middle of purchasing?
For example, to measure up curtains/furniture etc.
We did this a couple of times with the property we are currently in, the property was marketed by Yopa so you had direct messaging between buyer and seller through their portal.
For example, to measure up curtains/furniture etc.
We did this a couple of times with the property we are currently in, the property was marketed by Yopa so you had direct messaging between buyer and seller through their portal.
We went back to the house we were buying with kitchen designers so we could get that plan started and booked in for the end of the week we were due to move in… which was still over a month away. At that point nothing had been concluded legally.
We were communicating directly with the sellers tho and both committed to the move but I appreciate it was unusual.
We were communicating directly with the sellers tho and both committed to the move but I appreciate it was unusual.
renmure said:
We went back to the house we were buying with kitchen designers so we could get that plan started and booked in for the end of the week we were due to move in… which was still over a month away. At that point nothing had been concluded legally.
We were communicating directly with the sellers tho and both committed to the move but I appreciate it was unusual.
I think deciding when to approach the sellers about visiting again is the bit we can't decide on. We were communicating directly with the sellers tho and both committed to the move but I appreciate it was unusual.
We've had surveys done three weeks ago, all parties still happy to proceed but searches haven't come back yet so feels abit too early on to request going to measure.
We are 7 weeks in since offers accepted.
NomadicTurbo said:
I think deciding when to approach the sellers about visiting again is the bit we can't decide on.
We've had surveys done three weeks ago, all parties still happy to proceed but searches haven't come back yet so feels abit too early on to request going to measure.
We are 7 weeks in since offers accepted.
It’s pretty normal but can get you a little nervous as a seller that the buyer won’t magically find a reason to drop their offer. I have always provided a reason for going back again just to try and offer piece of mind, whether it does or not so be it.We've had surveys done three weeks ago, all parties still happy to proceed but searches haven't come back yet so feels abit too early on to request going to measure.
We are 7 weeks in since offers accepted.
Our buyer has come a few times to check a few dimensions and measure up for blinds and sofas etc.
he’s a local lad, friend of friend. No worries with doing it I think
Makes me think I need to get a couple of niggles in the house sorted that wind me up. He’ll notice them eventually but it’s a 20 year old house, we’ve done a lot over the years
he’s a local lad, friend of friend. No worries with doing it I think
Makes me think I need to get a couple of niggles in the house sorted that wind me up. He’ll notice them eventually but it’s a 20 year old house, we’ve done a lot over the years
Phone call from the agent today, all is going as planned and they expect it to be completed within 3-4 weeks. For the first time it feels like this move is actually going to happen, although that feeling did give way to looking and all my possessions and wondering how I'm going to do this. However, since the house I'm buying is vacant, the seller will allow me to start moving boxes in between exchange and completion, which should make the moving day a lot less stressful. Although need to find out how that would work with insurance.
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