Anyone want to join me? Awaiting Mortgage decision...

Okydoky25

MoshiMoshi wrote: »

Hi
I would like to join this thread with my short story.

The timeline is as follows:
6th Feb - Offer In Principle
12th Feb- Found the house, made an offer, offer accepted!!
13th Feb (Thursday)- another meeting with Lloyds MA, all docs presented and credit check done. He told me it was all fine and that both me and my husband had very good credit scores. At the end of the meeting I paid the mortgage fee and the valuation and homebuyers fee. He told me my mortgage offer was now subject to valuation. Does it mean exactly that? or should I expect some serious hurdles still to come?
25th Feb - Valuation done, report sent to me in the afternoon. All ok and 'the price is right'.u.

It's only the 23rd today?

MoshiMoshi_2

Okydoky25 wrote: »

It's only the 23rd today?

haha yes, thanks! got my dates wrong! this shows how nervous i am hahaa
18th Feb Valuation done hahaha

tommmy

MentalMinnie wrote: »

The Leeds build society.

Thanks. We are with HSBC. Would be interesting to see how they both compare.

lexilex

Originally Posted by lexilex
09/2013 - Saw property on RightMove, whilst on holiday!
04/10/2013 - First viewing
12/10/2013 - Second viewing.
14/10/2013 - Received London & Country decision in principle.
15/10/2013 - First and second offers made, both rejected.
16/10/2013 - Third offer made, rejected.
28/10/2013 - Met with a local broker, found out DIP from L&C wasn't valid and we would have to wait until end of Nov to get another DIP due to an issue with wage slips.
31/10/2013 - House sold!
09/11/2013 - House reappears on RightMove!
26/11/2013 - Got wage slips needed, met with new broker.
27/11/2013 - DIP with Santander. 85% LTV.
28/11/2013 - Offer finally accepted.
03/12/2013 - Full application with Santander and solicitors instructed.
10/12/2013 - More documents requested.
12/12/2013 - Docs submitted
16/12/2013 - SA302 submitted, application sent to underwriters.
02/01/2014 - Valuation instructed
03/01/2014 - Valuation carried out and mortgage offer.
04/01/2014 - Solicitors forms returned
05/01/2014 - Homebuyers survey booked.
09/01/2014 - Homebuyers survey carried out
14/02/2014 - Received contracts

We still have no date for exchange or completion. Our broker called the EA last week for an update and was told they was too busy doing admin work to look into it. :mad: We are chasing solicitors and EA every day but getting nowhere.

joe427

My mortgage offer was put in on Saturday 22nd with Natwest.

Does anyone have any experience with timescales for Natwest? I've been told I will get an account number in 24/48 hours.

gazfocus

gazfocus wrote: »

Another Update....
14/02/2014 - Solicitor suggested completion date of 28th February 2014.
18/02/2014 - Mortgage deed signed and returned to solicitor.
18/02/2014 - Contract signed and returned to solicitor.

Getting very excited now as completion is only a couple of weeks away...lots to do still though.

Another Update...

19/02/2014 - Requested for completion date to be first week in March as didn't feel there was enough time to complete by 28th February.
20/02/2014 - Solicitor confirmed completion date as 7th March.
24/02/2014 - Solicitor informed us that Exchange of Contracts is taking place on Wednesday 26th February.
24/02/2014 - Removal Company booked for 13th March.

charleyroo

Just made my full application with my broker for my Nationwide mortgage (paper application, as i'm porting and doing HTB!) it's being sent tomorrow, so hopefully we may hear by the end of this week.

and now the waiting begins!!!!!!!!!!!!

gazfocus

charleyroo wrote: »

Just made my full application with my broker for my Nationwide mortgage (paper application, as i'm porting and doing HTB!) it's being sent tomorrow, so hopefully we may hear by the end of this week.

and now the waiting begins!!!!!!!!!!!!

I wouldn't have thought you'd get a response by the end of this week if it's a paper application being sent tomorrow unfortunately. It will take a couple of days at least for it to be keyed in once Nationwide receive it.

charleyroo

Gazfocus, thought it might be a bit hasty (was a broker estimate) my theory with most things on the house is 'put it out of my mind until the first day that it might be done, then start thinking about it' lol

in the same vein, i'm not starting to think about my buyers' valuation until tomorrow when they will prob have heard about it

JennGa

JennGa wrote: »

First time buyers

08/02 viewed complete new build, put in offer 2 hours later
09/02 offer accepted, reserved plot
10/02 solicitors instructed, DIP with Santander
12/02 solicitors confirm receipt of paperwork, countdown begins!
13/02 Full mortgage application goes in.

Eek! We have 28 days to exchange then complete by end of March!

21/02 was told santander hadnt looked at the application yet
24/02 all documentation fine, just need to confirm solicitor is on their approved panel. Got panel number from solicitor and have supplied to broker who has passed on info to Santander. Phew.

Now more waiting for valuation!