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Nationwide?
2kids1dog
Posts: 21 Forumite
we spent 2 hours in the nationwide today applying for a new mortgage, got told in principle how much we could borrow. we picked the fixed rate etc to be told we have to go back next week to go over it all again & apply fully next week.
i don't understand why he couldn't have done it today?
we asked for upto £120k & got told we could have £117 which is fine. Now note sure if it's 100% yes or 50/50???
i don't understand why he couldn't have done it today?
we asked for upto £120k & got told we could have £117 which is fine. Now note sure if it's 100% yes or 50/50???
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we spent 2 hours in the nationwide today applying for a new mortgage, got told in principle how much we could borrow. we picked the fixed rate etc to be told we have to go back next week to go over it all again & apply fully next week.
i don't understand why he couldn't have done it today?
we asked for upto £120k & got told we could have £117 which is fine. Now note sure if it's 100% yes or 50/50???
Hopefully you'll be successful!
How much deposit are you putting down? and what are your salaries if you don't mind me asking?!0 -
You haven't done the full app so no it's not 100% yes. One step at a time. If you've got a yes with a DIP then that's a step in the right direction.An opinion is just that..... An opinion0
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"i don't understand why he couldn't have done it today?" - did you ask him?0
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That's how it works when you apply in branch.I am a Mortgage Broker
You should note that this site doesn't check my status as a Mortgage Broker, 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.0 -
when we last changed company we did it in one go. we have to take all the same paperwork as today? so nothing different?0
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I know, crazy isn't it?I am a Mortgage Broker
You should note that this site doesn't check my status as a Mortgage Broker, 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.0 -
we have been accepted in principle but how close to a yes is that?0
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It's one step up from a 'no' ;-)
Lots of work to do yet.
Particularly if you are applying direct to the lender.I am a Mortgage Broker
You should note that this site doesn't check my status as a Mortgage Broker, 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.0 -
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