My Choice Homebuy

llh189

Semicolon - why the 6 weeks time limit?

Beggars can't be too choosey in the current climate I am guessing that the vendor hasn't got a queue of people fighting to buy their property.

I would keep on the back of the HA but always keep your estate agent and vendor in the loop, if he knows that you are very serious about buying his property he is more than likely to be flexible!

Hope it works out for you!

LouB06

Checked the post again today... not a sausage! Its been 14 working days since we sent our application to Thames Valley Housing. Not that i'm counting or anything, and its not like i'm checking the mail box every 5 minutes!! lol Fingers crossed that Mr postman will have a little treat for us tomorrow!

Semicolon

llh189 wrote: »

Semicolon - why the 6 weeks time limit?

The sellers(vendors) are buying some place and they need to close within 6 weeks as their vendors are in a hurry..no idea why.

LouB06

:j Got our letter today from Thames Valley Housing stating that we have been "initially approved" for the Mychoice Homebuy scheme.

But....... they cant tell us anything else until the funding is available in April, so here's to another couple of weeks of waiting!!!:rolleyes:

lucielocket_2

Sounds promising LouB06 - hopefully I should get my letter any day now too

Hope you get the amounts you want

parisjordana

well done.....how exciting for you....April will soon be here...

llh189

I got my money verbally agreed today - yippee. Just got to wait for my letter!

LouB06

How exciting!! I'm wondering how long it will take for the housing association to contact us once the funds are available??

Good luck everyone!

HomeBuy3780

Very Bad news. The funds are now available but TVHA have changed the affordability criteria. We can only get mortgage 3 times of joint salary. That means I can’t even think of getting 3 bed house in Surrey…

Initially it used to be 4 times of salary.
Any one else got this info from their FA?
Is this same for all other agents?

Semicolon

LouB06 wrote: »

How exciting!! I'm wondering how long it will take for the housing association to contact us once the funds are available??

Good luck everyone!

I called Catalyst about our application. They said they are flooded with many, many applications this year and each application is taking an average of 15-20 working days to respond to. I can guess this will apply to your HA too.