Is anyone moving now?

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Discussion

pb8g09

2,337 posts

69 months

Wednesday 10th April
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lizardbrain said:
We had quotes from £500 to £1750 net just for solicitor fee, then all the registrations etc on top of that.

Went for 1500 one that was recommended, no idea if the 500 guys are almost as good or not, but it's not worth 1k to find out.

He never answers his emails but if all goes through then I'll be recommending too
People not replying to emails (ignoring them) cost me around 4 weeks on my last two moves. Makes my piss boil.

Discendo Discimus

321 posts

32 months

Wednesday 10th April
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We've bought our dream home, mortgages approved and it's now sold STC. There's a big problem however.
The vendor is the ex-husband of the woman who lived in the house and sadly passed away a couple of years ago. He sold the house without first sorting the probate or the letter of administration, so we're now having to wait months for that to be sorted.

Our buyer has gone a bit quiet recently, and I believe her mortgage offer ran out around now so she'll need to renew that, hopefully the rates aren't too bad.

The new house needs some work before we can move in, and our second child is due any day now so maybe it's a blessing in disguise. I just really hope our buyer is willing to wait.

As usual, solicitors are absolutely useless. The paperwork for the probate and LOA was sent to them a month ago and they've only today started working on it. The only time we ever get any updates is when me or the wife chase them (twice a week at the mo).

Hopefully we won't need to move again any time soon, it's enough to put you off forever.

normalbloke

7,460 posts

219 months

Wednesday 10th April
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Discendo Discimus said:
We've bought our dream home, mortgages approved and it's now sold STC. There's a big problem however.
The vendor is the ex-husband of the woman who lived in the house and sadly passed away a couple of years ago. He sold the house without first sorting the probate or the letter of administration, so we're now having to wait months for that to be sorted.

Our buyer has gone a bit quiet recently, and I believe her mortgage offer ran out around now so she'll need to renew that, hopefully the rates aren't too bad.

The new house needs some work before we can move in, and our second child is due any day now so maybe it's a blessing in disguise. I just really hope our buyer is willing to wait.

As usual, solicitors are absolutely useless. The paperwork for the probate and LOA was sent to them a month ago and they've only today started working on it. The only time we ever get any updates is when me or the wife chase them (twice a week at the mo).

Hopefully we won't need to move again any time soon, it's enough to put you off forever.
Unfortunately, you haven’t bought your dream home yet.I think you’re at the very early stages of a PITA journey, especially with added probate Good luck, I hope it goes well and that your buyer stays committed.

Discendo Discimus

321 posts

32 months

Wednesday 10th April
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normalbloke said:
Unfortunately, you haven’t bought your dream home yet.I think you’re at the very early stages of a PITA journey, especially with added probate Good luck, I hope it goes well and that your buyer stays committed.
Yeah I'm inclined to agree, it just helps if I stay a tiny bit positive.
I can't really think about it too much with the impending arrival of child no.2. I am keeping Rightmove open and look most weeks for alternatives but there's absolutely naff all for sale that fits the bill.

CT05 Nose Cone

24,983 posts

227 months

Wednesday 10th April
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Now been almost a month since I returned the title plan and transfer, seller has apparently signed everything with her solicitors, my buyer is ready but still nothing from my solicitors. The online tracker for the purchase hasn't moved since the 9th February and for the sale since 19th December. Seller's estate agent was hoping for it to complete next week but that's looking very unlikely.

Starting to get rather frustrated as I can't pack essentials, book a van or start changing addresses until I have a date. Then there's multiple smaller inconveniences like my broadband cost having doubled since the contract has expired, but I can't take out a new one since they don't provide to the new address, or right down to trying to keep as little food as possible. I guess when you know you're going to get paid and the customer can't go elsewhere, there's zero reason to process these things quickly.

illmonkey

18,205 posts

198 months

Wednesday 10th April
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Are you not chasing them? I’d be outside their office at 7 waiting for them (not for a fight, but to ask what the ruddy hell is going on!)

lizardbrain

2,000 posts

37 months

Wednesday 10th April
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I would be chasing every other day for some update in that situation. My guy never answers his emails as a rule, but to be fair to him, he does seem to be pushing things along on schedule. And will reply if doing so impacts the timeline

Craigyboy143

19 posts

5 months

Wednesday 10th April
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CT05 Nose Cone said:
Now been almost a month since I returned the title plan and transfer, seller has apparently signed everything with her solicitors, my buyer is ready but still nothing from my solicitors. The online tracker for the purchase hasn't moved since the 9th February and for the sale since 19th December. Seller's estate agent was hoping for it to complete next week but that's looking very unlikely.

Starting to get rather frustrated as I can't pack essentials, book a van or start changing addresses until I have a date. Then there's multiple smaller inconveniences like my broadband cost having doubled since the contract has expired, but I can't take out a new one since they don't provide to the new address, or right down to trying to keep as little food as possible. I guess when you know you're going to get paid and the customer can't go elsewhere, there's zero reason to process these things quickly.
sounds just like mine! solicitors seem to move at their own pace, we chase and chase.

our current situation is that our the sellers solicitors won't answer the enquires that our solicitors have made, but ours are saying that the enquires are essential?? keep going round in circles!

solo2

861 posts

147 months

Wednesday 10th April
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This thread is not encouraging me to move. I don't want to move as I am very happy in this house and been here 23 years but it is a move of necessity to a bungalow as I have a disabling condition that means stairs are almost impossible for me and I might end up in a wheelchair. I'm South London, why are bungalows so damn expensive compared to a house!

Went to see a bungalow last weekend which was ok, cannot get excited about it but it is the best I can get for the money. I have an Agent coming to value this place soon. I've had two valuations in the past 18 months, £475k when the market was up and £525k about 9/12 months later when the market had dropped so will be curious to see how much this third one comes out at. I've always thought £500k was the price so those two meet nicely in the middle.

How much are Agents charging you to sell these days, is it still a percentage of the sale fee?


okgo

38,057 posts

198 months

Wednesday 10th April
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Yep had quotes of 1 & 1.25% in Clapham just recently.

sfella

894 posts

108 months

Wednesday 10th April
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solo2 said:
This thread is not encouraging me to move. I don't want to move as I am very happy in this house and been here 23 years but it is a move of necessity to a bungalow as I have a disabling condition that means stairs are almost impossible for me and I might end up in a wheelchair. I'm South London, why are bungalows so damn expensive compared to a house!

Went to see a bungalow last weekend which was ok, cannot get excited about it but it is the best I can get for the money. I have an Agent coming to value this place soon. I've had two valuations in the past 18 months, £475k when the market was up and £525k about 9/12 months later when the market had dropped so will be curious to see how much this third one comes out at. I've always thought £500k was the price so those two meet nicely in the middle.

How much are Agents charging you to sell these days, is it still a percentage of the sale fee?
Bungalows built in significantly lower numbers to houses and lots of bungalows have the 'potential' to be extended up so has a value there as it gives a big footprint generally.

1% is about where most People seem to end up

AlexC1981

4,926 posts

217 months

Wednesday 10th April
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solo2 said:
This thread is not encouraging me to move. I don't want to move as I am very happy in this house and been here 23 years but it is a move of necessity to a bungalow as I have a disabling condition that means stairs are almost impossible for me and I might end up in a wheelchair. I'm South London, why are bungalows so damn expensive compared to a house!

Went to see a bungalow last weekend which was ok, cannot get excited about it but it is the best I can get for the money. I have an Agent coming to value this place soon. I've had two valuations in the past 18 months, £475k when the market was up and £525k about 9/12 months later when the market had dropped so will be curious to see how much this third one comes out at. I've always thought £500k was the price so those two meet nicely in the middle.

How much are Agents charging you to sell these days, is it still a percentage of the sale fee?
Perhaps adapting your current home would work and live only on the ground floor? The cost of stamp duty alone to buy a £500k bungalow would be £12,500 and that saving could be spent on adaptations.

You might be best off with a new build as they are usually built with wider spaces and doors wide enough for wheelchair use. For instance, the bathroom will need to have suitable manoeuvring room for the chair. Kitchens can be fitted with adjustable height worktops.

If you look up something called the M4(3) document, it will tell you the sort of requirements you might have.

Gary29

4,160 posts

99 months

Thursday 11th April
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My buyer just pulled out, 4 weeks into the process. The results of the survey have spooked them (FTB). They ordered a level 2 survey and the surveyor has gone to town. Unwilling the negotiate the price, they've ran.

Back to square one. rolleyes

Wildfire

9,789 posts

252 months

Thursday 11th April
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Gary29 said:
My buyer just pulled out, 4 weeks into the process. The results of the survey have spooked them (FTB). They ordered a level 2 survey and the surveyor has gone to town. Unwilling the negotiate the price, they've ran.

Back to square one. rolleyes
Unfortunate, we had similar when we were looking and it comes down to the personal risk and results of the surveyor.

As an example (from a buyer):

We had an offer accepted the bank came out to do the valuation survey and picked up potential subsidence plus a few other bits and said the bank would not greenlight the mortgage offer until a survey was done, at least on the identified issues, if not the whole property. Seller refused, but produced a survey report that they had done and said there was confirmed issues. They weren't willing to fix them or come down on price, although they did say that if we were wiling to pay for them to fix it they would do that. They would not entertain any sort of movement and then went silent with the agent. We pulled out, but they were very odd people. They refused to get a solicitor until they had found somewhere else. The husband was letting the wife deal with it all and she was foreign and didn't really understand that property worked differently in the UK.

The place we bought, had some minor issues and one major identified, they fixed a few minor ones, we accepted the others (in hindsight I should have pushed on these as this year they cost me thousands) we had a quote to repair the major one - it was reasonable, they had their own quote, it was over double ours. We split the difference and they returned it cash after. Depending on what the survey turned up and how much they wanted off, vs how much you need it's all individual.

Hope you get what you want soon.

Craigyboy143

19 posts

5 months

Thursday 11th April
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the house we are buying has a site fee/management cost, all i read online about it is bad things, its £400 a year which seems heavy.

has anyone experience of this? would it but you off buying a house??

normalbloke

7,460 posts

219 months

Thursday 11th April
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Craigyboy143 said:
the house we are buying has a site fee/management cost, all i read online about it is bad things, its £400 a year which seems heavy.

has anyone experience of this? would it but you off buying a house??
If it’s RMG, run away, whilst you can. The only guarantee, will be that it won’t be £400 next year…

gmaz

4,403 posts

210 months

Saturday 13th April
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Gary29 said:
My buyer just pulled out, 4 weeks into the process. The results of the survey have spooked them (FTB). They ordered a level 2 survey and the surveyor has gone to town. Unwilling the negotiate the price, they've ran.

Back to square one. rolleyes
Similar here, but instead they renegotiated the £5K off the price, because an electrical check said that it needed an urgent full rewire at £5-6K. I can't see why, the only problem I knew of was that the plastic cover on the CU was broken. I guess electricians want to get some work coming in.

okgo

38,057 posts

198 months

Saturday 13th April
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They’ll sooner learn those surveys are cut and paste and all make it seem as if every house is on its last legs.

CT05 Nose Cone

24,983 posts

227 months

Saturday 13th April
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Latest update from my solicitors is they're still awaiting replies to some outstanding enquiries, which is the same as it was a month ago. Seller's solicitor, despite saying everything was complete, apparently sent them yesterday. I swear I've been in Post Office queues that have moved quicker than this.

Fast Bug

11,699 posts

161 months

Saturday 13th April
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I had an off the record chat with the guy that did the survey on other house we bought. He said that the survey would be an arse covering exercise (more so as we bought a victorian house). I just don't think they want to liable when some plum doesn't understand that houses need maintenance