Houses

[Górnik Leicester]

Our first fix is up in June next year, which means we can start looking for new deals in January.

 

If we were to lock in the best possible rate in January, could we then potentially change in, say, April/May, should we stumble across something better?

[Innovindil]

18 minutes ago, Górnik Leicester said:

Our first fix is up in June next year, which means we can start looking for new deals in January.

 

If we were to lock in the best possible rate in January, could we then potentially change in, say, April/May, should we stumble across something better?

Mine is due end of next month and I've just renewed mine now. 

 

Think I could do it from some months ago when the letter came through tbh. 

[Zear0]

50 minutes ago, Górnik Leicester said:

Our first fix is up in June next year, which means we can start looking for new deals in January.

 

If we were to lock in the best possible rate in January, could we then potentially change in, say, April/May, should we stumble across something better?

You can.  Ours is up the end of this month and we re-applied in April and were told to keep re-assessing with end-June being the latest for new applications.  We actually moved products yesterday with the same lender we'd previously applied with in April (£70 p/m less) so there is flexibility to change even relatively last minute if you're not moving lenders.

Edited 13 September 2024 by Zear0

[VLC86]

1 hour ago, Górnik Leicester said:

Our first fix is up in June next year, which means we can start looking for new deals in January.

 

If we were to lock in the best possible rate in January, could we then potentially change in, say, April/May, should we stumble across something better?

Yep, although some deals have booking fees which I’d imagine would be non refundable. Some lenders may also need to completely reassess the affordability after 3 months so double check that as well.

[Dreadnought]

22 hours ago, Górnik Leicester said:

Our first fix is up in June next year, which means we can start looking for new deals in January.

 

If we were to lock in the best possible rate in January, could we then potentially change in, say, April/May, should we stumble across something better?

If you go with a broker, any decent one will keep an eye on the market and move you to a better deal if one pops up before your existing deal ends. It is double the work for them if the better deal is with a different lender but good ones will do this. 

[Raj]

My cousin  ( REAL not 3rd time removed) is an independent  mortgage advisor if someone needs anything.

Mention me and you will get 0% discount👍🏾😁

[grobyfox1990]

1 hour ago, Dreadnought said:

If you go with a broker, any decent one will keep an eye on the market and move you to a better deal if one pops up before your existing deal ends. It is double the work for them if the better deal is with a different lender but good ones will do this. 

Exactly this. Always go with a good broker imo. They get preferential rates and do all the legwork for you. Would trust mine with my life, undoubtedly has my best interests in his work 

[kingcarr21]

Finally had confirmation for the moving date of 1st October. So 8 days away

 

Just arranged for Sky and Virgin to be sorted. Packing started at the weekend. All starting to feel real now

[kingcarr21]

My house move did not go as smoothly as i would have liked. A lot of issues on the moving day. My house was all boxed up, movers where at the new property waiting to unload, my solicitor then tells me we cant complete due to awaiting 1 persons vocal authority. This person lives in California and with the time difference they couldnt contact him in time before close of the day. Nightmare.

 

But now we are finally in, kids and dog have settled relatively quickly. Now time to redecorate. 

 

 

[Greg2607]

Just now, kingcarr21 said:

My house move did not go as smoothly as i would have liked. A lot of issues on the moving day. My house was all boxed up, movers where at the new property waiting to unload, my solicitor then tells me we cant complete due to awaiting 1 persons vocal authority. This person lives in California and with the time difference they couldnt contact him in time before close of the day. Nightmare.

 

But now we are finally in, kids and dog have settled relatively quickly. Now time to redecorate. 

 

 

We had a similar thing when we moved.... it was during Covid though which added some extra complexities!!  - Our house was all packed up and at the new property and at 16:30 solicitor called to say she'd forgotten to submit some paperwork and we wouldn't be completing.   He had to put the contents into storage and then pay for a 2nd removal on the Monday.   We also couldn't go to a hotel because... you know.. Covid.... se we spent Friday, Saturday and Sunday sleeping under coats on the floor with not a single item to be able to entertain the kids.... or feed them... lol.... it was a LONG 3 days! No internet, No Tv, no furniture... comfortably the most stressful thing in my life. 

[ajthefox]

3 hours ago, kingcarr21 said:

My house move did not go as smoothly as i would have liked. A lot of issues on the moving day. My house was all boxed up, movers where at the new property waiting to unload, my solicitor then tells me we cant complete due to awaiting 1 persons vocal authority. This person lives in California and with the time difference they couldnt contact him in time before close of the day. Nightmare.

 

But now we are finally in, kids and dog have settled relatively quickly. Now time to redecorate. 

 

 

Glad you're all sorted now, sounds tough.

 

What was the vocal authority thing about? Did someone specifically have to verbally approve the exchange of contracts?

[kingcarr21]

9 hours ago, ajthefox said:

Glad you're all sorted now, sounds tough.

 

What was the vocal authority thing about? Did someone specifically have to verbally approve the exchange of contracts?

Yes each client in the chain had to give verbal confirmation over the phone on the sale and purchase. Nobody else I've spoke to has had to do this but for some reason my solicitor wanted it.

 

It caused a real headache but luckily I was allowed to at least put my stuff in the property. Which was the main thing as then I didn't need to rearrange Delivery with the movers. We just stayed at the in laws around the corner for a couple of nights

[Harry96]

On 12/09/2024 at 22:08, Harry96 said:

I’m a first time buyer and had an offer accepted on a flat just over 4 months ago and still don’t know when I’ll be moving in. There’s been so many enquiries and I think the sellers lawyer has been taking the piss to give all the information back. I have constantly had to chase my solicitor to get updates anyone know how I could speed things up? Solicitor saying everything ready on our side just need to finalise enquiries 

5 months now since offer was accepted and been told by conveyancers it’s only been treated as a matter of urgency now as one month left until the mortgage offer expires. 

[Lako42]

1 minute ago, Harry96 said:

5 months now since offer was accepted and been told by conveyancers it’s only been treated as a matter of urgency now as one month left until the mortgage offer expires. 

 

That is not good enough

 

Squeaky wheel gets the oil 

[Raj]

16 minutes ago, Harry96 said:

5 months now since offer was accepted and been told by conveyancers it’s only been treated as a matter of urgency now as one month left until the mortgage offer expires. 

Sounds like really sh1t conveyancers.

 

You need to bug them ALL the time to get things moving

[Stadt]

Move into my first house on Friday, starting to feel very real.

[Lako42]

9 hours ago, Stadt said:

Move into my first house on Friday, starting to feel very real.

Wait until you move in and see all the shit that needs doing that you missed on the viewings.....  

[Stadt]

1 hour ago, Lako42 said:

Wait until you move in and see all the shit that needs doing that you missed on the viewings.....  

@Kinowe Soorie will be busy! 

[Free Falling Foxes]

My son is in the process of selling his house.

I've moved several times in my life and know that it is often less than straight forward buying and selling in this country, but his 'sale' is taking it to a new level.

He's been messed about by the buyers solicitor so much, I suggested he pulls out the sale and puts it back on the market.

 

Although tempted, he's reluctant because it isn't the buyers fault and they are as frustrated too I guess.

 

The problem is; he'll hear nothing for weeks, then their solicitor asks for some further info on previous alteration work, which they get and accept. Weeks will go by and then they'll ask for some further unrelated info.

Instead of asking for it all in a prompt manner, it's in dribs and drabs.

 

Has anybody here pulled out of a sale that seems to be stuck on 75% complete because the other party are pi$$ing them off?

[Lako42]

13 hours ago, Free Falling Foxes said:

My son is in the process of selling his house.

I've moved several times in my life and know that it is often less than straight forward buying and selling in this country, but his 'sale' is taking it to a new level.

He's been messed about by the buyers solicitor so much, I suggested he pulls out the sale and puts it back on the market.

 

Although tempted, he's reluctant because it isn't the buyers fault and they are as frustrated too I guess.

 

The problem is; he'll hear nothing for weeks, then their solicitor asks for some further info on previous alteration work, which they get and accept. Weeks will go by and then they'll ask for some further unrelated info.

Instead of asking for it all in a prompt manner, it's in dribs and drabs.

 

Has anybody here pulled out of a sale that seems to be stuck on 75% complete because the other party are pi$$ing them off?

I'd at least be threatening to pull out to both the buyer and your own solicitor 

[RobHawk]

Yeah, use the threat to put the pressure on everyone else to get things moving. 

 

Moving house is a nightmare but it's in everyone's interests to keep everyone else happy. So don't be scared to use that to your advantage when you come across a useless cog in the system

[Lako42]

Squeaky wheel gets the oil...

[FoyleFox]

18 hours ago, Free Falling Foxes said:

My son is in the process of selling his house.

I've moved several times in my life and know that it is often less than straight forward buying and selling in this country, but his 'sale' is taking it to a new level.

He's been messed about by the buyers solicitor so much, I suggested he pulls out the sale and puts it back on the market.

 

Although tempted, he's reluctant because it isn't the buyers fault and they are as frustrated too I guess.

 

The problem is; he'll hear nothing for weeks, then their solicitor asks for some further info on previous alteration work, which they get and accept. Weeks will go by and then they'll ask for some further unrelated info.

Instead of asking for it all in a prompt manner, it's in dribs and drabs.

 

Has anybody here pulled out of a sale that seems to be stuck on 75% complete because the other party are pi$$ing them off?

I think your Son should be having a stern discussion with his Estate Agent and Solicitors.  And, although it's certainly worth floating the idea that he'll consider pulling out. That is a decision which needs careful consideration in my view, depending on his circumstances. Does he have a purchase lined up? How much is he going to pay in Solicitors fees for aborted sale? And, to bear in mind we're now in Nov -Dec soon, a traditionally quiet time for sales.

Understandably, he wants to get on with it but being ps'd off and impatient may cost him a lot of money and there is no guarantee of another buyer immediately or that starting from the beginning will be any quicker than proceeding with the current buyer.

Saying he is considering doing it to put a rocket up the relevant derrieres, I would suggest is his first step. Actually doing it, could be expensive and risky.

[JonnyBoy]

Is there anyone in this forum that is a solicitor? if so, why are most F***king useless and take weeks to get something done that should take a few hours? 

Edited 14 November 2024 by JonnyBoy

[grobyfox1990]

1 hour ago, JonnyBoy said:

Is there anyone in this forum that is a solicitor? if so, why are most F***king useless and take weeks to get something done that should take a few hours? 

Stop using cheap suburban high st solicitors