Thursday, June 7, 2018

Why is it taking so long to complete on our first house?

Hi, so me and my partner have been in the process of buying our first house since January. We live in the UK and viewed the property back in January it is now 7th of June as I ask this. We've had our offer accepted, sent off deposit and payed all solicitors fees. We then got told that there will be completion on notice after the solicitors rang and confirmed exchange of contracts two weeks ago. The sellers are waiting for their new build to be finished and told us when viewing the property that they can move out before their new place is built to one of their parents until their place is finished. So now we're ready to complete everything is done our end and we still have no completion date. We popped into the estate agents and they have said it could take 6-8 weeks to complete which is very frustrating as we were under the impression the sellers were moving out for us to move in. I hope someone can help with this as I'm stressed thinking they're going to keep delaying us I've took out house insurance and won't be living there yet so whatever happens there? I also don't want it to be pushed back and our mortgage offer expire why couldn't the estate agents and solicitors tell us this before we wouldn't have released our money until closer to completion.

Read more: https://allmortgage.net/forum/why-is-it-taking-so-long-to-complete-on-our-first-house.html