Anyone want to be my house-buying buddy?

LE3

Wow that's fab Hairdye!

Mine's going a little slow but I've just had "the phonecall" from my mortgage people to say that it's all systems go now, my account should be set up by tomorrow & the valuation will be instructed asap ...

LE3

Hairdye - the HIP is still "valid" as such, as 99% of the info will not have changed but your solicitor will need to do updated searches (planning permission etc).

hairdye

sharon1982 wrote: »

Wow hairdye, that's very quick, that's great! My offer was accepted on 17th and mortgage app being submitted tomorrow by IFA - hope we can get valuation and survey booked in as quick as that! Which mortgage provider are you with?

We are going with Nationwide. The property is empty so I think that helps with arranging surveys etc, plus the mortgage guy said because sales have been fiarly slow the survey companies can get things moving quickly!

Thanks LE3, I will wait and see what they say re: the HIP.
I am excited now! Hope everyone else gets things moving!

sharon1982

I have a quick question - think we are going to get the mortgage provider to do the homebuyer's report, and was wondering what other people have done about checking the boiler?

I know it isn't part of the survey, so was wondering if it is worth getting a gas engineer to check it out - I have heard this costs around £80...

Any advice much appreciated!

Thanks.

Tony_R

My home buyers said that there was no evidence of a test certificate. But I knew the boiler had a yearly service from British Gas. So I asked the EA to get the sellers to provide me with proof of the last service. I received this this morning, it was carried out in September.

sharon1982

Thanks Tony_R - I'll get on to the estate agent at some point and get proof of service.

My timeline so far:

17/05 Offer accepted
18/05 Instructed solicitor
20/05 Mortgage application submitted and now with underwriters - they will review in next 3-4 business days when received payslips and review again when valuation and survey carried out, which is scheduled to take place on 28/05.

Financial advisor is now on holiday until 1/06 so I hope things are ok in the next week or so. I hate all the waiting!

hairdye

hairdye wrote: »

Right, thought I would start a lsit like Tony R to help me keep track!

17/05/10 - offer accepted
19/05/10 - mortgage application in, solicitor instructed, homebuyers survey and valuation booked in for 21/05/10 and paid for through mortgage provider

all systems go! Hope everyone else is getting on ok!

update to above
21/05/10 - survey done today, hopefully recieve details next week
also recieved the memorandum of sale from the estate agents today.

If the survey is all clear does anyone know what the next steps will be?

Thanks:)

LE3

great to see movement for everyone!

I'm going with First Direct for my mortgage & today received my "1st account" which needed to be opened first so that's good Searches are underway too

The boiler - if you aren't familiar with boilers, I would get the check done. If it's been srviced by a reputable engineer in the last 12 months it's prob ok, but it's peace of mind you are after ...

Tony_R

Tony_R wrote: »

I'm in a very similar situation to yourselves. My timeline so far is as follows:

29/04 - Offer accepted.
30/04 - Contacted by solicitor from last house purchase attempt. He will act for me again, but he changes companies in two weeks.
04/05 - Mortgage Application made with Post Office online.
05/05 - Mortgage Application accepted. They will send paper work and SAE to send proof of earnings.
06/05 - Post Office instruct surveyor for valuation and homebuyers report.
07/05 - Post Office Letter arrives with SAE.
10/05 - SAE sent back with proof of earnings.
10/05 - Homebuyers survey and valuation carried out.
15/05 - Full mortgage offer recived.
15/05 - Home Buyers Survey received. All good.
17/05 - Solicitor starts at new company, cheque for searches provived.
17/05 - Signed mortgage offer and direct debit mandate returned.

20/5 - Informed by solicitior that the Local Authority seach in the HIP is out of date and I need a new one to the tune of £192.
20/5 - Received fixtures an fittings list, sellers want £75 for the fridge/freezer. I can't remember the make or condition of it. We do need one though, i'm not sure whether to take this up or not or just buy new.

BabyBoots

Nice idea with the timeline Tony_R!

Mine is like this, very similar to yours!:

20/04 - Offer accepted.
26/04 - Vendor had her offer accepted on the place she wants to move to
03/05 - Various mortgage appointment sto get best deal
04/05 - Viewing to check boiler/security questions for house insurance etc
05/05 - Solicitor instructed
07/05 - Final mortgage application made - direct debit for payments filled out.
10/05 - Mortgage Application accepted - told this verbally. Told to expect call from mortgage valuer in next three days.
10/05 - Paid solicitor for searches
14/05 - Mortgage valuer rings asking for payment, says valuation will be done in three working days
14/05 - Fixtures and fittings list received from my solicitor
17/05 - Rang round for survey quotes and chose surveyor
18/05 - Mortgage valuation carried out.
21/05 - Full mortgage offer paperwork received
22/05 - Documentation of mortgage valuation received - valued as per offer, so ready to go instruct surveyor