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

eireal

firstimebuyer1993 said:

Anybody else waiting for Bank of Ireland? Our application was submitted by a broker on Thursday 2 July, additional documents sent on Monday 6 July. on Friday last week the estate agent rang to say the valuation had been booked for Wednesday 15 July... Should we expect to hear this week?

I am also waiting on BOI. Submitted 26/6, valuation completed 1/7, MB told me valuation was passed for expected amount 7/7 - and nothing since! 
I am also a FTB and the wait is killlllling me! 

firstimebuyer1993

eireal said:

firstimebuyer1993 said:

Anybody else waiting for Bank of Ireland? Our application was submitted by a broker on Thursday 2 July, additional documents sent on Monday 6 July. on Friday last week the estate agent rang to say the valuation had been booked for Wednesday 15 July... Should we expect to hear this week?

I am also waiting on BOI. Submitted 26/6, valuation completed 1/7, MB told me valuation was passed for expected amount 7/7 - and nothing since! 
I am also a FTB and the wait is killlllling me! 

eireal said:

firstimebuyer1993 said:

Anybody else waiting for Bank of Ireland? Our application was submitted by a broker on Thursday 2 July, additional documents sent on Monday 6 July. on Friday last week the estate agent rang to say the valuation had been booked for Wednesday 15 July... Should we expect to hear this week?

I am also waiting on BOI. Submitted 26/6, valuation completed 1/7, MB told me valuation was passed for expected amount 7/7 - and nothing since! 
I am also a FTB and the wait is killlllling me! 

You have a week on us and still haven't heard! The average days on their intermediaries website says 13 days now, you should have heard back! Did you apply with a broker? Wait is getting the best of me... Our broker expects the underwriter to get in touch today or tomorrow but he said that last week for Thursday last week so he may be wrong.

London_FTB

Hi All,
We finally received our HSBC mortgage offer today! Woohoo!! 
I thought I'd post our timeline below, to help those about to begin the process:

16th June: AIP issued. Called for mortgage 'with advice' appointment.
22nd June: Mortgage Advisor appointment. We had less than a week to wait for an appointment as there was a cancellation, otherwise we were told the wait was 2 weeks for one.
1st July: We chased our 90% LTV application as the online tracker hadn't moved past 'Decision Obtained', to be told our application had passed it's valuation. We were also told our application had been sat dormant as our advisor was on annual leave. The Mortgage Manager then pushed the application through to the Underwriters.
10th July: As we were applying with additional investment income, additional documents were requested from Underwriter
13th July: Underwriter declined our application.. saying the additional investment income we were initially told we could use, cannot be used. We then frantically called to amend our application, as we luckily could increase our deposit and change the mortgage rate to 85% LTV. A Manger then offered us a last-minute appointment the same evening, during which we had to go through the application process all over again. Luckily they were able to use the pre-approved valuation as it was for the same property.
14th July: Woke up to a text and email from mortgage manager saying mortgage approved!

Happy to help with any more information if anyone needs it  and good luck to everyone! 

eireal

firstimebuyer1993 said:

You have a week on us and still haven't heard! The average days on their intermediaries website says 13 days now, you should have heard back! Did you apply with a broker? Wait is getting the best of me... Our broker expects the underwriter to get in touch today or tomorrow but he said that last week for Thursday last week so he may be wrong.

Yes I am using a broker. BOI requested additional documents on the 30/6 and I was asked to confirm if COVID-19 has affected my job on the 6/7. My broker said I should hear back by the end of today, but was also told this last week. I feel like it is not a good sign that their final checks are taking this long. Hopefully we both hear back soon and your valuation goes well tomorrow!

firstimebuyer1993

Thank you! Fingers crossed... Hope you hear today!

macca2424

I'm still waiting for mine with Barclays, I was told on the 9th that our valuation had been instructed which would be a desktop valuation (on a new build which isn't complete yet). We submitted the application on 16/6 via a broker and have been told its accepted subject to valuation, hoping to hear something by the end of this week.

watch3r

macca2424 said:

I'm still waiting for mine with Barclays, I was told on the 9th that our valuation had been instructed which would be a desktop valuation (on a new build which isn't complete yet). We submitted the application on 16/6 via a broker and have been told its accepted subject to valuation, hoping to hear something by the end of this week.

My Barclays broker is chasing the “mortgage processing” team about my valuation, lucky in my case it’s normal survey and they booked it with developer and he was kind enough to let me know . So in my case underwriting was done on 7/07 and they instructed valuation, that was booked on 9th for 17th . Broker ( Barclays internal ) is still chasing after the date so maybe you valuation was already scheduled and no one knows about it . 

SierraRomeo30

Still waiting following valuation yesterday, the week is going ever so slowly. Our broker thinks we will hear next week but I’m hoping we’ll hear by Friday. I don’t how I’ll cope with another weekend of waiting haha.

watch3r

SierraRomeo30 said:

Still waiting following valuation yesterday, the week is going ever so slowly. Our broker thinks we will hear next week but I’m hoping we’ll hear by Friday. I don’t how I’ll cope with another weekend of waiting haha.

Who’s you lender ? 

fiision2020

Further update. Mortgage approved subject to valuation (Saffron Building Society). Valuation booked for Tue 21 July.......fingers crossed that all comes back positively.