Conveyancing / General Home Buying

Savings moved from Tandem to Monzo very quickly. Already asked Monzo if transferring £30k to my solicitors will be an issue, no reply yet but it is the weekend!

:roll_eyes:

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True, my eye roll :roll_eyes: is directed at them not reading the message and asking a question already answered.

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I’d suggest doing this request really early on the day you’re likely to pay, and it lasts until midnight :relaxed:

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The process has been speed boosted, so in theory this issue doesn’t exist anymore. We’ll find out soon when @Dunsford goes ahead with it.

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As @Ordog always correctly says, you don’t have to do it on a certain day. Just after exchange and before completion

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I’ve made a few (3-5?) large payments with monzo and not one of them has been an issue. They’ve all taken an hour or so and a selfie, which I don’t think is unreasonable.

I think I’m now officially in ‘oh frell’ territory. Got this 13:14 today:

Didn’t realise that things could change up to exchange, thought this was a done deal. :sob:

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My heart is in support for you!

Any ideas when it could be now?

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I liked but I don’t like. Hope it sorts itself out :crossed_fingers:

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Waiting for Estate Agents to call back…

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Help to buy scheme are slower than solicitors. Which I never thought was possible.

All you need from them is an ‘early settlement’ type figure and for them to draft a templated document to that effect. It took me forever to get mine.

What’s annoying/robbery is that they want 10% of the current house value or the loan amount (which was 10% of the house value at the time of purchase) - whichever is greater. I never noticed this in their terms initially.

They’re useless. I got an email from my solicitor about a month after completing saying my equity loan had been declined because one of my witnesses didn’t put their postcode on one of the documents… Like, do you not check and notice these things before you hand over the money?!

This isn’t quite right. It’s an equity loan, so it’s always the percentage value the property current holds. If house prices go down, you owe them less. If they go up, you owe them more. The general trend is that house prices go up, which is why the government are so keen to offer these equity loans. It’s a nice little money-maker for them.

3 weeks today we moved, what a whirlwind! Feels like we’ve been here forever and for 5 minutes at the same time.

Two rooms decorated so far, 70s wallpaper replaced by fresh paint and new carpet makes such a huge difference. Having a bit of a pause now before we tackle anywhere else.

Money has been running through my fingers like water!

How are other recent movers/future movers getting on?

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Congratulations! What an exciting time.

I moved in Jan, didn’t need a whole lot of work but still took me until April when I felt like I’d “finished” doing everything. Went slightly over budget on the decorating but feeling happy :heart_eyes:

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Love it! Definitely feels like home now, though I still have dozens of things I want to do/fix/put up so it’s not done yet.

I can walk to work now (as opposed to 30 miles each way in the car), which I’m also loving.

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I’ve been in 11 years and still have the 80s kitchen that came with the house. Hopefully a new one in the autumn…

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Nightmare - was asked if I could move 27 May so got everything prepared, arranged with Pickfords for a full pack & shift, spent 2 days redirecting all utilities and changing addresses everywhere.

Got a message after the weekend that my buyer hadn’t got his Help to Buy redemption sorted. :exploding_head::face_with_symbols_over_mouth:

Turns out he was going through a bad split with his partner and both of them thought the other was handling it!

Now stuck in a holding pattern until it gets sorted.

Lost nearly £1k as I didn’t have cancellation insurance with Pickfords.

Managed to get internet delayed.

Haven’t moved for over 20 years and that was all handled by Norwich Union who I went to work for (3 months in a hotel till my house was built :+1:) so I didn’t realise dates were not fixed until exchange of contracts. Still don’t understand why their solicitors hadn’t picked up on this.

I will move eventually but it just this waiting and checking resold every hour.

:crossed_fingers:

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What a mess!

Have you got any idea when you’ll be able to move?

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Finally, after 4.5 months and a collapse/re-build of the chain at the very bottom, our solicitor has just rung to confirm if we’re ok to exchange.

YES was the answer :laughing: (we move next Weds if things go to plan)

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