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

eeyoreworld

Shoey1610 wrote: »

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.

Hope yours comes through quicker than ours. Its been good finding this thread, I thought it was taking ages as there was something wrong but seems there is an influx of applications and nothing more sinister than that.

PheoUK

Here's our current overall timeline:

23/01 - Property View, Offers made & Accepted, Initial MA Appointment
25/01 - Followup MA Appoint & 3 Months Bank Statements Requested/Provided
27/01 - Final Forms Completed & signed
27/01 - Error on forms noticed in income amounts
30/01 - Revised forms signed & returned
03/02 - Valuation Booked
04/02 - Different Type of bank statement requested (apparently they didn't want screen shots they wanted PDFs I suggested originally after all!)
07/02 - Valuation Occurs, Purchase Price Confirmed
13/02 - Mortgage advisor mentions that its now all with the mortgage centre
26/02 - MA confirms via email that offer is issued to Solicitors

Okydoky25

PheoUK wrote: »

Here's our current overall timeline:

23/01 - Property View, Offers made & Accepted, Initial MA Appointment
25/01 - Followup MA Appoint & 3 Months Bank Statements Requested/Provided
27/01 - Final Forms Completed & signed
27/01 - Error on forms noticed in income amounts
30/01 - Revised forms signed & returned
03/02 - Valuation Booked
04/02 - Different Type of bank statement requested (apparently they didn't want screen shots they wanted PDFs I suggested originally after all!)
07/02 - Valuation Occurs, Purchase Price Confirmed
13/02 - Mortgage advisor mentions that its now all with the mortgage centre
26/02 - MA confirms via email that offer is issued to Solicitors

13 days from Valuation!? I was under the impression with Santander they do all the underwriting before they book the valuation so once that's been done it would be quick?

Dalmation

I accepted an offer on my house on the 10th January. Although I know the searches have been carried out there still hasn't been a valuation!!!!
They are apparently waiting for the mortgage people to do their bit. This seems AGES to wait. Does anyone else agree and have any advice?
Thanks

eeyoreworld

Dalmation wrote: »

I accepted an offer on my house on the 10th January. Although I know the searches have been carried out there still hasn't been a valuation!!!!
They are apparently waiting for the mortgage people to do their bit. This seems AGES to wait. Does anyone else agree and have any advice?
Thanks

I think that is a long time however if buyers have committed to searches, you will be way forward to exchange once valuation is done and this goes to offer, do you know what lender? We offered on 30th Jan and I won't commit to paying for searches until the mortgage has been agreed and valuation instructed so I would say your buyers are pretty serious about going ahead if this is any help? Would be ironic if they are also posting on this thread wondering where the valuation / decision is!

Dalmation

eeyoreworld wrote: »

I think that is a long time however if buyers have committed to searches, you will be way forward to exchange once valuation is done and this goes to offer, do you know what lender? We offered on 30th Jan and I won't commit to paying for searches until the mortgage has been agreed and valuation instructed so I would say your buyers are pretty serious about going ahead if this is any help? Would be ironic if they are also posting on this thread wondering where the valuation / decision is!

Their mortgage is with the Skipton. I know they had some trouble at the beginning with not having the right ID so their actual mortgage application only went in 2 weeks ago.
Is anyone else with the Skipton? Maybe there is a backlog or something?
Yes, imagine if they were on here too! :rotfl:

charleyroo

oooh, ooh, ooh lol my valuation + product fees have been 'lifted' from my credit card

rizla83

our application was put in on 14th. Was told by broker it was with the underwriters on Monday. Still no update. Starting to panic now. Santander.

charleyroo

Rizla, ring your broker, thats what theyr there for

rizla83

the frequency of updates has dropped quite a lot since paying his fee lol. Hopefully hear something soon.