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Posted

Put my house for sale in Hugglescote hoping to move either Glenfield / Western Park and/ or Knighton/ Stoneygate depending on properties.

 

First time selling a home and buying a home at the same time. Hopefully can move to my new property this year fingers crossed 🤞 

Posted

Nearly one year later since viewing properties still not a home owner. Very frustrating. First property I had put an offer in for dragged on for 6 months and I eventually had to withdraw and then I saw another property and probably made a mistake by going with the same solicitors again giving them the benefit of the doubt. Nearly 5 months on from the offer was accepted for this place still not exchanged although has progressed more than the first property. Not sure if this is normal for these leasehold properties or if I’ve just been extremely unlucky and solicitors are to blame to. The hold up at the moment is with the lender apparently who need a fire risk assessment doing but not sure why this wasn’t brought up in earlier stages. I keep getting onto the solicitors to speed it up but they just keep telling me just have to wait for the lender to respond. Not sure what my options are if any

Posted
4 minutes ago, Harry96 said:

Nearly one year later since viewing properties still not a home owner. Very frustrating. First property I had put an offer in for dragged on for 6 months and I eventually had to withdraw and then I saw another property and probably made a mistake by going with the same solicitors again giving them the benefit of the doubt. Nearly 5 months on from the offer was accepted for this place still not exchanged although has progressed more than the first property. Not sure if this is normal for these leasehold properties or if I’ve just been extremely unlucky and solicitors are to blame to. The hold up at the moment is with the lender apparently who need a fire risk assessment doing but not sure why this wasn’t brought up in earlier stages. I keep getting onto the solicitors to speed it up but they just keep telling me just have to wait for the lender to respond. Not sure what my options are if any

Can’t you convert to freehold at the same time? 

Posted
10 minutes ago, The Year Of The Fox said:

Can’t you convert to freehold at the same time? 

No as sadly I’m a first time buyer and can only afford up to 150,000 and freehold are extremely limited for that much 

Posted (edited)
1 hour ago, Harry96 said:

No as sadly I’m a first time buyer and can only afford up to 150,000 and freehold are extremely limited for that much 

I had a right faff a number of years ago purchasing a house which was shared ownership, but I was buying 100% of the house and changing to freehold. Offer was accepted Valentines Day, moved in on 4th August. 
 

It was a complete piss take. I’d actually emailed all parties and told them it had to be done by 28th July as I had tenants moving in to the house I was leaving. Got them to agree it should be doable, but then it fell through for a week, effectively rendering me homeless on paper. 
 

Keep pushing them. If you call them, follow up the call with an email. Tell them each time that you’ll be in touch in 48 hours time to check the progress (and stick to it)

 

A mate of mine was a conveyancer for a while whilst studying law. He openly admitted conveyancers tend to deal first with those shouting the loudest.

 

Remember, you’re paying for a service.

 

Failing that, contact the Legal Ombudsman 

 

 

Edited by The Year Of The Fox
  • Thanks 1
Posted
1 hour ago, The Year Of The Fox said:

I had a right faff a number of years ago purchasing a house which was shared ownership, but I was buying 100% of the house and changing to freehold. Offer was accepted Valentines Day, moved in on 4th August. 
 

It was a complete piss take. I’d actually emailed all parties and told them it had to be done by 28th July as I had tenants moving in to the house I was leaving. Got them to agree it should be doable, but then it fell through for a week, effectively rendering me homeless on paper. 
 

Keep pushing them. If you call them, follow up the call with an email. Tell them each time that you’ll be in touch in 48 hours time to check the progress (and stick to it)

 

A mate of mine was a conveyancer for a while whilst studying law. He openly admitted conveyancers tend to deal first with those shouting the loudest.

 

Remember, you’re paying for a service.

 

Failing that, contact the Legal Ombudsman 

 

 

As the saying goes, the squeaky wheel gets the grease!

  • Like 1
  • 3 weeks later...
Posted
23 minutes ago, Izzy said:

After nearly three months of stress, I think we're close to exchanging contracts on our next place.

 

What a palaver. Doing a level 3 survey on it threw up a number of queries and since then we've had a structural engineer out, a CCTV drain survey done, and also an electrical inspection. We've also been around with a builder and plumbing/hearting engineer to measure up for various repairs/renovations that will need doing.

 

Probably gone a bit OTT with our 'due diligence' to the point of pissing off our seller (son and daughter of an old woman in a care home) so I dropped off a couple of bottles of wine to the son (who now lives next door) as an apology for being a pain in the arse. 

 

Got a jobs list as long as our arm on what needs doing so can only see it getting more stressful.

 

Can see why we've stayed put for the last 23 years. The whole process is just painful.

I was going to ask how it's going.

 

It's always amazing how little due diligence people do on what is a massive financial and emotional investment.

  • Like 1
Posted
31 minutes ago, Izzy said:

After nearly three months of stress, I think we're close to exchanging contracts on our next place.

 

What a palaver. Doing a level 3 survey on it threw up a number of queries and since then we've had a structural engineer out, a CCTV drain survey done, and also an electrical inspection. We've also been around with a builder and plumbing/hearting engineer to measure up for various repairs/renovations that will need doing.

 

Probably gone a bit OTT with our 'due diligence' to the point of pissing off our seller (son and daughter of an old woman in a care home) so I dropped off a couple of bottles of wine to the son (who now lives next door) as an apology for being a pain in the arse. 

 

Got a jobs list as long as our arm on what needs doing so can only see it getting more stressful.

 

Can see why we've stayed put for the last 23 years. The whole process is just painful.

Where's the Trackman going? 

  • Haha 1
Posted
1 minute ago, Zear0 said:

Where's the Trackman going? 

The new gaff has got a double garage with space above so would be ideal for a simulator and trackman.

 

Sadly though, my daughter will soon be learning to drive so her car will be parked there :rolleyes: 

Posted
Just now, Izzy said:

The new gaff has got a double garage with space above so would be ideal for a simulator and trackman.

 

Sadly though, my daughter will soon be learning to drive so her car will be parked there :rolleyes: 

Motivation to keep is straight then.

 

I've got a double garage for a home sim but the rafters are so low I'd whack them.

Posted

A house I really wanted 4 years ago has gone back on the market. I couldn’t buy at the time as it was single skim brick so couldn’t get a mortgage so the buyer has had to pretty much rebuild it.

 

They have done a great job, massively extending but have listed it for £500k more than what they bought it for (£300k) lol. Wild, but looks class.

Posted
2 hours ago, Izzy said:

After nearly three months of stress, I think we're close to exchanging contracts on our next place.

 

What a palaver. Doing a level 3 survey on it threw up a number of queries and since then we've had a structural engineer out, a CCTV drain survey done, and also an electrical inspection. We've also been around with a builder and plumbing/hearting engineer to measure up for various repairs/renovations that will need doing.

 

Probably gone a bit OTT with our 'due diligence' to the point of pissing off our seller (son and daughter of an old woman in a care home) so I dropped off a couple of bottles of wine to the son (who now lives next door) as an apology for being a pain in the arse. 

 

Got a jobs list as long as our arm on what needs doing so can only see it getting more stressful.

 

Can see why we've stayed put for the last 23 years. The whole process is just painful.

Nice 👍🏼 

 

At least you’ll know exactly what you’re taking on!!!

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