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

laurakt_2

We heard back from Santander yesterday. We sent our full application on 30/1. They have finally approved us for the mortgage. Fingers crossed that everything goes well with the surveyor. Although we haven't yet heard when the surveyor will be going round.

sdl1503

laurakt wrote: »

We heard back from Santander yesterday. We sent our full application on 30/1. They have finally approved us for the mortgage. Fingers crossed that everything goes well with the surveyor. Although we haven't yet heard when the surveyor will be going round.

Ask the estate agent to let you know when the valuation has been arranged.

JasonBrown83

All is, or was, progressing smoothly with buying a home until we got the results back from the HomeBuyers survey, it wasn't a bad survey there is only one real problem that need looking into and thats the old back boiler behind the fireplace in the lounge.

I have a plumber going round to take a look at removing the back boiler and replacing it with a new more efficient combo boiler in the kitchen.

So my question, if this cost say £3,000 and I negotiate a reduction in the asking price do I need to make another full application for the newly negotiated price through my MA or will Abby just adjust the already agreed mortgage down to the new price?

lexilex

Congrats to those who have recently been approved :j

lexilex wrote: »

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.

We discussed a completion date with our solicitor yesterday, who needed to confirm it with all parties, which he said would happen yesterday afternoon. 24 hours and numerous phone calls later and we still have no idea whats going on. I've just sent an email basically saying if things don't start moving very quickly we will be pulling out.

I feel like crying! I don't how these people who move regularly do it!

Plumpy

I applied for a mortgage through nationwide, initially everything seemed to be going smoothly. Sent in my paperwork, everything was approved, valuation was done, now I was awaiting my mortgage offer so I could complete then finally move into the house of my dreams!!

However when they received the valuation an technical error occurred. I called in and they advised it would take 48 hours for the issue to be resolved. 48 hours would lapse and I would call in again, and the would give me the same information. That there was a fault, the would call through to the technical team, and they advised yet another 48 hours wait before issue was resolved.

This went on for about 3-4 weeks!!

On the fourth week, I called in very frustrated now, I asked them to speak to a manager, was advised a manager would call me within 2 working days.

I did not receive a call back. :mad:

Called in again, they said the initial issue has been resolved an the Task team is looking into my application and a manger will ring me, I have been waiting a further 2 weeks and no phone call.

This whole application process has been very stressful, I'm scared I might loose the property I'm tying to buy and I'm starting to wish I had gone with a different lender.

Is this a common issue when applying for a mortgage?

Or does Nationwide's mortgages usually take this long to get sorted?:(

PheoUK

Plumpy wrote: »

I applied for a mortgage through nationwide, initially everything seemed to be going smoothly. Sent in my paperwork, everything was approved, valuation was done, now I was awaiting my mortgage offer so I could complete then finally move into the house of my dreams!!

However when they received the valuation an technical error occurred. I called in and they advised it would take 48 hours for the issue to be resolved. 48 hours would lapse and I would call in again, and the would give me the same information. That there was a fault, the would call through to the technical team, and they advised yet another 48 hours wait before issue was resolved.

This went on for about 3-4 weeks!!

On the fourth week, I called in very frustrated now, I asked them to speak to a manager, was advised a manager would call me within 2 working days.

I did not receive a call back. :mad:

Called in again, they said the initial issue has been resolved an the Task team is looking into my application and a manger will ring me, I have been waiting a further 2 weeks and no phone call.

This whole application process has been very stressful, I'm scared I might loose the property I'm tying to buy and I'm starting to wish I had gone with a different lender.

Is this a common issue when applying for a mortgage?

Or does Nationwide's mortgages usually take this long to get sorted?:(

That sounds like a clock up, I'd write a complaint letter

gazfocus

We are due to be exchanging contracts today but our solicitors are still chasing the sellers solicitors to confirm everyone up the chain are ok to exchange contracts today. Our sellers solicitor had already confirmed that they are ok to exchange contracts but now we're waiting for everyone else to get back to them...so frustrating.

gazfocus

gazfocus wrote: »

We are due to be exchanging contracts today but our solicitors are still chasing the sellers solicitors to confirm everyone up the chain are ok to exchange contracts today. Our sellers solicitor had already confirmed that they are ok to exchange contracts but now we're waiting for everyone else to get back to them...so frustrating.

We have exchanged!!!!!!!!!!! Completion date set for 7th March :j

eeyoreworld

29/1 first viewing, made offer, rejected
1/2 second viewing, revised offer accepted
5/2 meeting with MA, dip approved Santander
6/2 solicitor instructed
8/2 provided all paperwork to MA
25/2 app finally in underwriting queue

Shoey1610

Can I join in as I'm terrible at waiting and such a worrier, I'm hoping I might get some hand holding

22/1 AIP from broker
21/2 first viewing
23/2 second viewing
24/2 Offer made and accepted
26/2 Mortgage application put in with broker

We are FTB and property is chain free. Expecting a delay as applying to Abbey/Santander so I might end up with a nervous breakdown.