Greetings fellow Earthlings,
I’m nearly over the finish line with buying my first home, and my gosh, were the rumours true; it’s been beyond stressful at times!
On paper this should’ve been wrapped up months ago. I’m buying a vacant flat, no chain involved, mortgage was agreed months ago… yet 5+ months after having my offer accepted, we still haven’t completed. The seller is as keen to sell as I am to buy, and is equally frustrated… I actually ‘bought’ it within 3 days of it being on market: it was a win-win deal that suited both of us, so we expected a quick process…
… No such luck. Of course, covid has been wreaking its havoc but the conveyancing element has been glacial!
Everyone seems to say this. I’m amazed the sector hasn’t been disrupted (or maybe it has and I’m oblivious!). My experience with them has been very opaque, archaic (relying on snail mail), terrible comms, and generally no proactivity being shown by either side of solicitors. I’ve gone for a small, local firm that was recommended to me by a
mortal enemy friend. It’s mid-range I’d say ££.
Has anyone else has any particularly bad, or good experiences with the conveyancing process?)
As an aside my broker, Habito, have been phenomenal!
P.S. Would love Monzo to offer mortgages. I dream of a round-up Pot that would automatically overpay my mortgage and display the resultant savings over the term, similar to how the early repayment of their loan ‘slider’ works.