Your browser isn't supported
It looks like you're using an old web browser. To get the most out of the site and to ensure guides display correctly, we suggest upgrading your browser now. Download the latest:

Welcome to the MSE Forums

We're home to a fantastic community of MoneySavers but anyone can post. Please exercise caution & report spam, illegal, offensive or libellous posts/messages: click "report" or email forumteam@.

Search
Page 345
    • Jkbc90
    • By Jkbc90 10th Jul 17, 8:21 PM
    • 78 Posts
    • 28 Thanks
    Jkbc90
    Great news congratulations

    We had word from our broker today. Nationwide have came back with an offer of £4K less, not sure wether it's to do with the valuation. Now they're shut until Friday, apparently they're willing to offer us the mortgage with the new figure but it's now working out where to go from here. Nothing worth having ever comes easy hey lol
    • sugarcube84
    • By sugarcube84 11th Jul 17, 1:59 PM
    • 534 Posts
    • 531 Thanks
    sugarcube84
    We have confirmation from our broker that our offer has been issued and it is exactly as we asked for so i can breathe a sigh of relief. Our timeline was as follows

    06/06/17 - AIP issued by Nationwide.
    12/06/17 - Offers accepted on our house and the house we want to buy
    13/06/17 - Supporting documents sent to broker
    16/06/17- meeting with broker to discuss mortgage options, 2 yr fix/5 yr fix etc
    21/06/17 - AM Further supporting documents requested and forwarded. PM Full application submitted
    23/06/17 -Text/email to say valuation arranged but no date
    26/06/17 - Confirmation from broker that sellers didn't get back to Nationwde to confirm the date, we then arranged for the sellers to tell Nationwide that we were authorised to arrange access for valuation. Valuation rearranged.
    28/06/17 - Valuation carried out, given the ok from the surveyor, report sent to Nationwide.
    30/0617 - Broker confirmed valution is at the requested figure and that Nationwide are assessing it.
    05/07/17- Nationwide request further information relating to the flooding (when and why)
    10/07/17 - Nationwide request more information in regards to flooding (any preventative measures since/value of claim)
    11/07/17 - Offer issued


    So from application to offer it was 1 day under 3 weeks.


    So
    Target DFD September 2017- Only 2 payments to go!!!

    Amount Paid off 90.37%
    • BattleToads
    • By BattleToads 11th Jul 17, 2:13 PM
    • 20 Posts
    • 11 Thanks
    BattleToads
    So from application to offer it was 1 day under 3 weeks.
    Originally posted by sugarcube84
    Congratulations, glad it all worked out.
    • goodwithsaving
    • By goodwithsaving 12th Jul 17, 8:57 AM
    • 549 Posts
    • 796 Thanks
    goodwithsaving
    Application submitted on Monday, it's the waiting game now. It's my third mortgage application in 3 years so I'm very nervous!
    Every time you borrow money, you’re robbing your future self. –Nathan W. Morris
    • hashtagyolo
    • By hashtagyolo 12th Jul 17, 5:50 PM
    • 10 Posts
    • 1 Thanks
    hashtagyolo
    Update:

    30/6/17: DIP given from Aldermore
    30/6/17: Offer accepted on property
    03/7/17: Mortgage Application accepted and survey paid for..
    11/7/17: Valuation Completed
    12/7/17: Call from Aldermore to confirm details..

    Mortgage offer will be released I think? Hope so! :P
    • elonii
    • By elonii 13th Jul 17, 10:39 AM
    • 41 Posts
    • 37 Thanks
    elonii
    Agggghh!! I'm right at the pointy bit here, so going to join in this thread.

    09/06/17 DIP given by Coventry BS
    21/06/17 Offer accepted on property (after making us wait 5 days!)
    26/06/17 Full application submitted
    27/06/17 Buy to let income proof requested
    29/06/17 Accountants certificate requested
    10/07/17 Valuation report carried out
    12/07/17 Valuation with underwriters

    Stated processing time is 48 hours for the document, so it's borderline whether I'll be hearing back before the weekend or not.

    Time is actually running backwards. I'm absolutely beside myself
    • hashtagyolo
    • By hashtagyolo 13th Jul 17, 12:18 PM
    • 10 Posts
    • 1 Thanks
    hashtagyolo
    Update:

    30/6/17: DIP given from Aldermore
    30/6/17: Offer accepted on property
    03/7/17: Mortgage Application accepted and survey paid for..
    11/7/17: Valuation Completed
    12/7/17: Call from Aldermore to confirm details..
    13/7/17: Mortgage offer issued!!

    14 days from DIP to Mortgage offer, seems like I got processed quick compared to other peeps.

    Now for the finger nail biting over the next month or so :/
    • elonii
    • By elonii 13th Jul 17, 1:12 PM
    • 41 Posts
    • 37 Thanks
    elonii
    13/7/17: Mortgage offer issued!!

    14 days from DIP to Mortgage offer, seems like I got processed quick compared to other peeps.

    Now for the finger nail biting over the next month or so :/
    Originally posted by hashtagyolo
    Congratulations! I'm very jealous. I wish mine was through!
    • henrypootle
    • By henrypootle 13th Jul 17, 6:27 PM
    • 95 Posts
    • 96 Thanks
    henrypootle
    Just beginning the process - offer accepted yesterday and managed to get a mortgage appointment for tomorrow morning to do the full application. Did have a dip which ran out 2 days ago. Hopefully 2 to 3 weeks?
    Henry Pootle (aka Piglet)


    • EmmaJayne
    • By EmmaJayne 14th Jul 17, 9:34 AM
    • 9 Posts
    • 3 Thanks
    EmmaJayne
    First time buyers
    So pleased I've found this thread. We're first time buyers just going through the process this week and have no idea what we're doing! So much anxiety - argh!

    So far we've had:

    Halifax DIP: 10/07/17
    Offer accepted: 11/07/17
    Meeting with Mortgage Broker and all documents provided: 12/07/17
    House taken off market: 13/07/17
    Valuation money to Halifax: 13/07/17
    'First Mortgage' credit search appeared on Experian: 13/07/17
    • goodwithsaving
    • By goodwithsaving 14th Jul 17, 10:07 AM
    • 549 Posts
    • 796 Thanks
    goodwithsaving
    Since the application was sent in, I haven't heard a thing from Nationwide. Apparently they queried the address on my payslip (a work one, hundreds of miles from my residential address due to relocation). I'm so nervous.
    Every time you borrow money, you’re robbing your future self. –Nathan W. Morris
    • Missymae0
    • By Missymae0 14th Jul 17, 2:00 PM
    • 56 Posts
    • 134 Thanks
    Missymae0
    Finally had our offer today so relieved happy weekend of shopping for me!
    Good luck to those still waiting to hear ��
    • GBR78
    • By GBR78 14th Jul 17, 3:56 PM
    • 36 Posts
    • 40 Thanks
    GBR78
    It's been a while since posting on here, having changed our mind on a sale and pulling the house off the market.

    We've recently put through our remortgage application which was approved subject to suitable valuation. The surveyor dropped in yesterday and had a wander about for all of about 10 minutes and we waited on the report......that unfortunately came back today as severely down-valued! We had our estimated value before we went to market, and the estate agent valued over that by around 10%. With that in mind, when we applied for the remortgage we dropped that 10% back off. This, it seems, was not enough as the valuation has come back at some 22-23% below that of the estate agent. I find this quite amazing. We have been in the house for 9 years, we had a valuation when we moved in (obviously) which agreed with the purchase price, and this valuation is only £10k above that. Even with the crashes over that time, I'm struggling to believe that is all the price has risen by, so we have gone for broke and raised an appeal.

    We have backed this up with sell prices of nearby similar houses from the last 6 months that show that our estimate was actually very reasonable, so we will see where that goes.....admittedly i'm not holding my breath!
    • pollyannaL
    • By pollyannaL 14th Jul 17, 7:14 PM
    • 103 Posts
    • 60 Thanks
    pollyannaL
    Hi,

    What a privilege it is to join this thread!
    Timeline:

    6/7/17 - viewing
    7/7/17 - offer
    8/7/17 - second viewing/ offer accepted/ House SSTC
    12/7/17 - Met with Broker. Rescheduled as no lenders getting back to him in time when making enquiries ?!
    14/7/17 - AIP Santander/ Full mortgage application sent off. (apparently they aren't a nightmare...hope it's true)

    Now waiting game.........hope Santander are quick as i'm no chain
    • Jkbc90
    • By Jkbc90 14th Jul 17, 9:41 PM
    • 78 Posts
    • 28 Thanks
    Jkbc90
    Congrats to those who got their offers and good luck to those waiting x

    Spoke to our broker today, worked out what caused the lower offer (not valuation related) and it looks like the vendor is going to meet us half way. Will get 100% confirmation on Monday.
    • beko1994
    • By beko1994 15th Jul 17, 8:08 AM
    • 5 Posts
    • 6 Thanks
    beko1994
    Our timeline

    24/6 Reserved New build
    26/6 DIP with halifax
    30/6 Full application to Halifax
    5/7 Told by broker Offer subject to valuation
    5/7 Valuation booked in for 13/7
    13/7 Valuation taken place
    13/7 called Halifax and was told Valuation had come back and full mortgage offer had been issued
    So all in total 9 Working days from full application to offer.

    15/7 Offer Received in the post
    Last edited by beko1994; 15-07-2017 at 10:29 AM.
    • elonii
    • By elonii 15th Jul 17, 2:54 PM
    • 41 Posts
    • 37 Thanks
    elonii

    15/7 Offer Received in the post
    Originally posted by beko1994
    Congratulations, we got our offer in the post this morning too!
    • beko1994
    • By beko1994 15th Jul 17, 4:27 PM
    • 5 Posts
    • 6 Thanks
    beko1994
    Congratulations, we got our offer in the post this morning too!
    Originally posted by elonii
    Congratulations!
    • nikkih72
    • By nikkih72 15th Jul 17, 9:08 PM
    • 56 Posts
    • 14 Thanks
    nikkih72
    back again.
    14/7 DIP Natwest
    14/7 Deposit put down new build
    16/7 appointment booked for broker 4pm
    • Jkbc90
    • By Jkbc90 16th Jul 17, 8:35 AM
    • 78 Posts
    • 28 Thanks
    Jkbc90
    Congrats Elonii and beko! Best of luck with your new homes x

    We will find out tomorrow if the seller will meet us half way with the £4K shortfall from the offer. Fingers crossed.
Welcome to our new Forum!

Our aim is to save you money quickly and easily. We hope you like it!

Forum Team Contact us

Live Stats

155Posts Today

1,461Users online

Martin's Twitter