Nationwide & Credit Ratings for Multiple Applications

mich309

HELP! We've applied for a Nationwide mortgage and were given a yes in a Decision in Principal 3 weeks ago, and promised our written mortgage offer within 2 days of that. 3 weeks later and a ridiculous amount of telephoning and empty promises, and untruths and we still don't have a written mortgage offer. We are about to loose our house!!

We have given them a deadline of tomorrow, but......... if we don't get the office - can we apply for another mortgage, will it affect our credit rating? Note our credit rating is pretty good now.

Please help urgently!

:mad::mad::mad:

Thrugelmir

mich309 wrote: »

HELP! We've applied for a Nationwide mortgage and were given a yes in a Decision in Principal 3 weeks ago, and promised our written mortgage offer within 2 days of that.

Unlikely as the NW would need a formal valuation of the property carried out, before making a formal written offer. Let alone passing underwriters if deemed necessary. So 2 days is totally unrealistic.
A DIP is only based on your application form nothing else.

Is you credit history imperfect?

Note our credit rating is pretty good now

mich309

Sorry, my post wasn't clear. We got the DIP after the valuation had been carried out and was told it was fine and acceptable - that was 3 weeks ago. We understand that Nationwide has system problems at the moment - but seems bizarre that they can't issue any mortgage offers!?

Our credit history is absolutely perfect, so concerned applying somewhere else for a mortgage may damage it?