Since I last shared on my blog, things have moved very slowly towards ownership of our new house.
Our offer was accepted back in November, the valuation was done and mortgage was secured then came Christmas and everything ground to a halt. Come the New Year we had a couple of minor setbacks, one was about the additional parcel of land at the bottom of the garden (which is the reason we are buying the house anyway!)
It seems although the seller owned the land it hadn’t been fully transferred into his name with Land Registry so our mortgage company needs further checks. Also our buy to let mortgage, secured on on current house to release funds for the new house, had expired in early February. Due to a miscommunication between the solicitor and bank, but actually due to the banks error our application has been put on the cancelled pile! However as it was the banks error they have agreed to re-instate the application.
All that means we still haven’t exchanged, although hope to by the end of next week! Maybe!
We do however have a completion date arranged of the 23rd March so all being well we still hope to meet that. It is pretty essential as our temporary Monday to Friday rental finished at the beginning of March although the owner has agreed we can stay until 23rd, so there is quite a lot riding on this! Not least the prospect of being homeless in the week, or travelling nearly 1 1/2 hr each way every day!
Nevertheless we have made a start on planning that lovely garden and I’ve been buying all the bargain summer bulbs I can find ready for one of the big plans we have……
More news next time……..