MyChoice Homebuy Catalyst

redlaura26

Thanks! After waiting so long with so much uncertainty I'm thrilled to bits!

My FA told me I would be right at the top of the reserve list as he sent in my poperty info sheet half an hour after the cut off period (which I believe was 6pm May 11th) however we were not told about the cut off time until the following day. I think the only reason they told him as he was so indignant that they hadn't pre-warned him of a deadline.

I really hope there is enough funding for everyone, I hope Catalyst take a look at their procedures for next time as leaving people with so little info is frustrating to say the least.

oddjob99_2

Just wondering if anyone is in the same boat as us..

Offer made in April, submitted property information sheet and Finally got approval in June. Had some issues getting mortgage - took 2 months to get the offer through but in that time the vendors have had another offer which they accepted and are now refusing to sell us the property.

So we now have a mortgage offer and catalyst funding but no house - I am not sure if Catalyst will allow us to change properties at this stage - has anyone done this?

Its not easy getting through to case worker at Catalyst..

redlaura26

I had to change my house at the last minute as after hearing mid August that I had been allocated money, I still hadn't received the final letter by last Friday and the Vendor pulled out. It was very frustrating as I actually go the letter the next Wednesday but it was too late to ressurect the sale as they had already accepted another offer!

I went out straight away and found another house at the same price, after I had had the offer accepted I called Catalyst to advise them of the change in house only to be told that this was un-acceptable as they had already sent the forms to me for the old house. I explained that the vendoe had pulled out due to the long and seeminly endless wait (she was also heavily pregnant) and first they said I had to get the house back as they couldn't transfer the money to the new house. Impossible!

I'm not ashamed to say that I did a bit of begging on the phone and was told to send in an email stating my case. I did this ensuring I detailed all the dates etc when I had spoken to people etcc and when I had been promised letters would be sent.

Fortunately for me this worked and I had verbal confirmation that the money would be transferred to the new house. I am still waiting on the final letter which should arrive today or tomorrow hopefully.

This has been a very stressful process, though I just wouldn't have been able to do it without this scheme.

April2009

has anyone heard anything about the reserve list?
every time i call they cant give me adefinate answer as to when we will hear either way?