We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Nationwide Mortgages - How long??
Comments
-
Sorry. No way I would speculate on such a case-dependent issue.
It'll take as long as it needs to obtain the necessary, acceptable documentation and data.
That's the best answer I can give.I am a mortgage broker. You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice. Please do not send PMs asking for one-to-one-advice, or representation.0 -
Ok no problem I understand :beer:0
-
Just had our formal offer through from Nationwide. Took just over two weeks from application to offer. Very impressed with the turnaround. Our timings were as follows:
09/03/12 - Application Submitted
12/03/12 - Valuation Booked
21/03/12 - Valuation Undertaken
25/03/12 - Valuation Satisfactory
25/03/12 - Formal OfferAttempting the grasp the first rung of the property ladder:
DIP Agreed : 03/03/13, Full Application Submitted : 09/03/13, Valuation Satisfactory : 25/03/13, Formal Mortgage Offer : 25/03/13, Completion: 03/06/130 -
I have just chased my broker there as Im still waiting on a decision - be it good or bad I would like to know today0
-
Hi, if it helps, my timeline is as follows:
12/03/12 - Application Submitted
12/03/12 - Valuation Booked
23/03/12 - Valuation Undertaken
25/03/12 - Valuation Satisfactory
25/03/12 - Formal Offer
My understanding from the Broker is that Nationwide need everything in triplicate and presented accurately and to the letter, otherwise you may hit some timing issues. We went overboard on providing everything and I am a fastidious bookkeeper and filer, so I imagine this helped us with putting together the application.
I wish you all good luck and I have to say that it's been a very simple process, although a very good broker has certainly helped things.0 -
Thanks, I have literally just been told it passed so good news0
-
Great stuff!0
-
I'm a FTB. Put in an application on 22nd, instant DIP, still waiting for the valuation to be instructed... terrifying!:o0
-
Hi Guys.
I had a decision in principle on 21/03/2013.
Offer accepted on house 22/03/2013.
Full application 25/03/2013.
Valuation booked for 27/03/2013.
Its happening so fast and i know that the valuation will be fine but i am so scared..i am doing my own head in.
Anybody had a decline from this point on???
Thanks
Hayley x0 -
Hey Hayley
I am at the same point as you at the monemt
Mine was submitted on the 18th
Valuation 22nd done on the 22nd
Employers ref done 26th
Now just waiting....0
This discussion has been closed.
Confirm your email address to Create Threads and Reply

Categories
- All Categories
- 351.3K Banking & Borrowing
- 253.2K Reduce Debt & Boost Income
- 453.8K Spending & Discounts
- 244.3K Work, Benefits & Business
- 599.5K Mortgages, Homes & Bills
- 177.1K Life & Family
- 257.8K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards