House Prices #2 Property market, buying and selling

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Bobbleowl90 said:
That was our initial thinking upon viewing but the 3rd bedroom would be absolutely tiny! Unless we did it to the master bedroom but doesn’t really work out with doorways etc.

Everything else about this house is absolutely ideal. We’ve been looking for 12 months now 🥵
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Stick your thoughts and floor plan on mse house buying forum. There's some dicks on there. But there's also some amazingly thoughtful people on their including one woman that's an amazing master builder and who reconfigured my landing and 3rd bedroom to get a bathroom and study area upstairs in about 2 minutes
 
I feel sorry for people that don't earn enough to have a mortgage since wages are not increasing with the house prices. My wage has not increased much in a while so I am currently looking to earn more . The employers are going to have to do something for people on low wage because it is not possible to live on a low wage anymore .
 
Tree_ said:
Stick your thoughts and floor plan on mse house buying forum. There's some dicks on there. But there's also some amazingly thoughtful people on their including one woman that's an amazing master builder and who reconfigured my landing and 3rd bedroom to get a bathroom and study area upstairs in about 2 minutes
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Thank you so much I’ll take a look! Love helpful advice like this on forums.
 
Going to view a house tomorrow - decent price but downside is that it’s a north-west facing garden on 3 levels (going up away from the house). Does anyone else have a north-west garden? Is it something to avoid?
 
ejej123 said:
Going to view a house tomorrow - decent price but downside is that it’s a north-west facing garden on 3 levels (going up away from the house). Does anyone else have a north-west garden? Is it something to avoid?
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I think it depends on whats around it more than the orientation. I have a small East facing courtyard but I get sun throughout the day and into the evening in the Summer as I'm end terrace and it's very open to the Southerly side.
 
ejej123 said:
Going to view a house tomorrow - decent price but downside is that it’s a north-west facing garden on 3 levels (going up away from the house). Does anyone else have a north-west garden? Is it something to avoid?
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I've got a nw facing garden and it's full sun in the summer and evenings. Bottom is a bit shady in the day in non summer.
 
TheScarletgirl said:
I feel sorry for people that don't earn enough to have a mortgage since wages are not increasing with the house prices. My wage has not increased much in a while so I am currently looking to earn more . The employers are going to have to do something for people on low wage because it is not possible to live on a low wage anymore .
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They will have to either raise their employee's salaries or face having a high turnover.

Low salaries also destroy the economy because the employees are not able to spend on non-essential items and services. Which means that businesses are taking a hit financially.

Honestly, no one is a winner in a low wage world.
 
ejej123 said:
Going to view a house tomorrow - decent price but downside is that it’s a north-west facing garden on 3 levels (going up away from the house). Does anyone else have a north-west garden? Is it something to avoid?
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My garden is north east facing and it isn’t great. By about 4pm all the sun will have gone
 
I’ve been emailing my solicitor every 1-2weeks for an update. Just got one today and still waiting for the sellers solicitor to send stuff over and that she contacted the estate agents to get them to push the sellers solicitor. She said she is going to try and do documents for me to sign so when the sellers solicitors do reply then at least they are done and it won’t take as long. I’m just wondering how often you’d email for an update is once a week too much or would you do it more often??
 
Former_Antelopee said:
I’ve been emailing my solicitor every 1-2weeks for an update. Just got one today and still waiting for the sellers solicitor to send stuff over and that she contacted the estate agents to get them to push the sellers solicitor. She said she is going to try and do documents for me to sign so when the sellers solicitors do reply then at least they are done and it won’t take as long. I’m just wondering how often you’d email for an update is once a week too much or would you do it more often??
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I work in conveyancing. Generally, if a client emails us too often it does become frustrating, particularly if we're waiting on something from the other side (in which case it's totally out of our hands!). I would say a once a week email will be sufficient. However, make good use of the agents too! Get them to chase the other side and apply pressure on your behalf - it's what they're there for!
 
WilmaHun said:
I work in conveyancing. Generally, if a client emails us too often it does become frustrating, particularly if we're waiting on something from the other side (in which case it's totally out of our hands!). I would say a once a week email will be sufficient. However, make good use of the agents too! Get them to chase the other side and apply pressure on your behalf - it's what they're there for!
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Thank you! I’ve not done it every week so far, mostly every 2 weeks. At first I didn’t even email for 8 weeks I think as I knew it was going to take longer as the sellers had to find a place. They initially updated me after 4weeks saying they were waiting for the initial documents still. The sellers solicitor seems to be slow? Unless it’s normal. They took 10 weeks to send initial documents, the sellers had dated these as being filled out 4 weeks before my solicitor got them and my solcitor had asked the estate agents to push, they still hadn’t heard so I also had to email the estate agent. It’s now been 7 weeks since my solicitor has sent enquired about the initial documents, we had some answers 2 weeks ago but still waiting for the rest. One enquiry they had to contact the council about so possibly why it’s taking time?
My mortgage offer runs out end of June so I really hope it’s done by then as I got the offer the week before the price rise
 
Former_Antelopee said:
Thank you! I’ve not done it every week so far, mostly every 2 weeks. At first I didn’t even email for 8 weeks I think as I knew it was going to take longer as the sellers had to find a place. They initially updated me after 4weeks saying they were waiting for the initial documents still. The sellers solicitor seems to be slow? Unless it’s normal. They took 10 weeks to send initial documents, the sellers had dated these as being filled out 4 weeks before my solicitor got them and my solcitor had asked the estate agents to push, they still hadn’t heard so I also had to email the estate agent. It’s now been 7 weeks since my solicitor has sent enquired about the initial documents, we had some answers 2 weeks ago but still waiting for the rest. One enquiry they had to contact the council about so possibly why it’s taking time?
My mortgage offer runs out end of June so I really hope it’s done by then as I got the offer the week before the price rise
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I think if your sellers were still looking for somewhere then a slight delay may have been normal (as the sellers may not have wanted their sale to get too far ahead of their purchase) but 10 weeks to even send the initial documents does seem a while - perhaps they are a bit slow, some firms are notoriously slow for dealing with matters! Sometimes we'll roll our eyes when we see certain firms named on Memorandums of sale because we know from the offset communication will be slow!
An enquiry involving the council could be causing a slight delay, but there's no reason they can't keep in contact with your solicitor regarding other matters whilst waiting for the answer to that one enquiry.
I would say a mortgage offer running out end of june isn't necessarily anything to panic over at this stage, though if it starts to get into late April/early May I would start thinking about speaking to a broker (if you have one) about negotiating an extension. Hopefully it won't come to that!
Your solicitor sounds like they've got the right idea though - if they can draft the TR1 document whilst waiting for replies to outstanding enquiries (and you can sign it in readiness) then it sounds like you'll be ready to go once enquiries are answered (providing your sellers onward purchase is also ready!)
 
WilmaHun said:
I think if your sellers were still looking for somewhere then a slight delay may have been normal (as the sellers may not have wanted their sale to get too far ahead of their purchase) but 10 weeks to even send the initial documents does seem a while - perhaps they are a bit slow, some firms are notoriously slow for dealing with matters! Sometimes we'll roll our eyes when we see certain firms named on Memorandums of sale because we know from the offset communication will be slow!
An enquiry involving the council could be causing a slight delay, but there's no reason they can't keep in contact with your solicitor regarding other matters whilst waiting for the answer to that one enquiry.
I would say a mortgage offer running out end of june isn't necessarily anything to panic over at this stage, though if it starts to get into late April/early May I would start thinking about speaking to a broker (if you have one) about negotiating an extension. Hopefully it won't come to that!
Your solicitor sounds like they've got the right idea though - if they can draft the TR1 document whilst waiting for replies to outstanding enquiries (and you can sign it in readiness) then it sounds like you'll be ready to go once enquiries are answered (providing your sellers onward purchase is also ready!)
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Thank you! i have a broker so hopefully will be able to do that if needed. The 10 weeks for the initial documents also included Christmas in the middle of it so I guess with the Christmas closing days it would’ve slowed it as well.
 
I'm very lucky that I'm over the first, very difficult, hurdle of having an offer accepted on a flat - hooray!

However I'm a FTB, buying on my own and I'm finding the whole process now with the solicitors very overwhelming as I've got no one to really share the load with.. The amount of money involved (I'm not pushing my affordability, it's just the thought of being is so much debt for so many years, and worrying about what would I do if XYZ happens...), then the detail that is in all these attachments that keep getting sent over to me, the things that have been highlighted in the survey and searches. The ground rent is unfair, so I'm going to try and negotiate on that, plus I've been advised to organise various things to get serviced to check they're in working order.

I'm trying to keep a cool head, and not get too stressed, and just get things ticked off the list... but the pressure from the EA (who I can't stand but as I liked the flat obviously had no choice) plus trying to figure out who I'm going to get to do all these things that need to be done, I'm just finding quite tricky.

I don't want to sound insensitive to people who are on this thread that are struggling to find somewhere, or even get on the ladder in the first place, but is anyone else in a similar position - buying on your own and trying to muddle your way through it?
 
adviseplz said:
I'm very lucky that I'm over the first, very difficult, hurdle of having an offer accepted on a flat - hooray!

However I'm a FTB, buying on my own and I'm finding the whole process now with the solicitors very overwhelming as I've got no one to really share the load with.. The amount of money involved (I'm not pushing my affordability, it's just the thought of being is so much debt for so many years, and worrying about what would I do if XYZ happens...), then the detail that is in all these attachments that keep getting sent over to me, the things that have been highlighted in the survey and searches. The ground rent is unfair, so I'm going to try and negotiate on that, plus I've been advised to organise various things to get serviced to check they're in working order.

I'm trying to keep a cool head, and not get too stressed, and just get things ticked off the list... but the pressure from the EA (who I can't stand but as I liked the flat obviously had no choice) plus trying to figure out who I'm going to get to do all these things that need to be done, I'm just finding quite tricky.

I don't want to sound insensitive to people who are on this thread that are struggling to find somewhere, or even get on the ladder in the first place, but is anyone else in a similar position - buying on your own and trying to muddle your way through it?
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I found it all very overwhelming. I’m a single parent and my parents bought their council house 30+ years ago so completely useless at helping. No one else I know was in my position. I’ve done it though and do you know what, it feels bloody good. Yeah I’ve got a mortgage on my own until I’m daft age but I’ve achieved that myself and can be proud. You should feel the same. You’ve got to be pushy sometimes with solicitors which can feel a lot on your own but you can do it 🙌🏻
 
Former_Antelopee said:
I’ve been emailing my solicitor every 1-2weeks for an update. Just got one today and still waiting for the sellers solicitor to send stuff over and that she contacted the estate agents to get them to push the sellers solicitor. She said she is going to try and do documents for me to sign so when the sellers solicitors do reply then at least they are done and it won’t take as long. I’m just wondering how often you’d email for an update is once a week too much or would you do it more often??
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I never chased mine and they always got to me with an update whenever there was one. The agents will also be bugging them and it's just a bit pointless because people aren't sitting on updates and work and not doing it
 
adviseplz said:
I'm very lucky that I'm over the first, very difficult, hurdle of having an offer accepted on a flat - hooray!

However I'm a FTB, buying on my own and I'm finding the whole process now with the solicitors very overwhelming as I've got no one to really share the load with.. The amount of money involved (I'm not pushing my affordability, it's just the thought of being is so much debt for so many years, and worrying about what would I do if XYZ happens...), then the detail that is in all these attachments that keep getting sent over to me, the things that have been highlighted in the survey and searches. The ground rent is unfair, so I'm going to try and negotiate on that, plus I've been advised to organise various things to get serviced to check they're in working order.

I'm trying to keep a cool head, and not get too stressed, and just get things ticked off the list... but the pressure from the EA (who I can't stand but as I liked the flat obviously had no choice) plus trying to figure out who I'm going to get to do all these things that need to be done, I'm just finding quite tricky.

I don't want to sound insensitive to people who are on this thread that are struggling to find somewhere, or even get on the ladder in the first place, but is anyone else in a similar position - buying on your own and trying to muddle your way through it?
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I'm in the same boat! I recommend a lot of googling and not being afraid to ask lots of silly questions. It might all fall through for me so I'm trying not to get all stressed as it could all be for nothing if that makes sense! Just remember your solicitor is here to help ☺
 
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