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

nwh07

28tsw said:

To those waiting on TSB, are you having delays due to complexities?

Person buying from us is using TSB just wondering if she’ll have similar issues. She’s not self employed and has low LTV.

Our application has been on going since 18th June 😫 It is apparently still with the underwriter and we have had no valuation as of yet! however we are self employed. We have high LTV as sold our property back in October last year! I have seen a few that have gone through in 2 weeks so fingers crossed your buyer is one of the lucky ones 🤞🏻

Looby321

Looby321 said:

Mortgage application completed with broker - 2nd June (TSB)
Valuation - 28th June
Still no offer. No outstanding documents. Broker to escalate.

Rang the broker this morning to chase again. They just called to say that they'd spoken with TSB and they've confirmed the mortgage offer. At last! Took almost 7 weeks! No reason given for delay.

motherofcats

Aldermore have instructed the valuation. They are happy with everything apparently. Not sure when valuation will take place though, it's a physical one. Hopefully soon!

watch3r

28tsw said:

To those waiting on TSB, are you having delays due to complexities?

Person buying from us is using TSB just wondering if she’ll have similar issues. She’s not self employed and has low LTV.

It takes Barclays 17 days to book a valuation. ( FTB , 75% LTW both full time employed same place for over 6 years , no debt etc ) , underwriters took a week as well.
 so aim for 4-6 weeks . 

PERMOTIO

Here's my story so far:
FTB, unaffected by COVID-19, self-employed, 65% LTV.
1 June - Submitted Natwest application
3 June - Valuation instructed/returned (desktop)
13 June - chased and they told me they'd messed up and forgot to send some of my documents to underwriters
18 June - escalated and promised a response/update/offer within 24 hours
19 June - More chasing, I'm told I applied for the wrong product and my case will be paused/I should reapply with an advisor
- I decide that I'm done with Natwest due to poor customer service and look elsewhere - 
19 June - go to Trussle, spend a week sending in information for them to review
26 June - Natwest complaints department calls, apologies for poor service and offers compensation 
28 June - application finally submitted with HSBC
8 July - valuation comes back as acceptable

I was told I'd hear back by last week and that didn't happen, and the broker chased and said I'd hear this week.

Got to say, applying for a mortgage is one of the most stressful things I've ever done! It doesn't help that the buyer is chasing the estate agent regularly/needs to move fast. Worried they'll pull out! Fingers crossed I hear soon and good luck to everyone else applying 🤞

whatislife786

Text: 8th July
Hi, Nationwide here. We've received your mortgage application. If you're an existing customer switching to a new deal, your switch has been accepted.
still waiting...

Trickster33

Looby321 said:

Looby321 said:

Mortgage application completed with broker - 2nd June (TSB)
Valuation - 28th June
Still no offer. No outstanding documents. Broker to escalate.

Rang the broker this morning to chase again. They just called to say that they'd spoken with TSB and they've confirmed the mortgage offer. At last! Took almost 7 weeks! No reason given for delay.

Congratulations ! 

Loglog

whatislife786 said:

Text: 8th July
Hi, Nationwide here. We've received your mortgage application. If you're an existing customer switching to a new deal, your switch has been accepted.
still waiting...

Anything after that? Thanks!

Trickster33

Had Accord come back with a question through MA today so assuming I’m in the underwriting process . Hope it doesn’t go to the bottom of the pile sent a reply as soon as asked . 

lancslass26

Loglog said:

whatislife786 said:

Text: 8th July
Hi, Nationwide here. We've received your mortgage application. If you're an existing customer switching to a new deal, your switch has been accepted.
still waiting...

Anything after that? Thanks!

I had the same. App submitted 16/7 and text and email to confirm that same night. MB called today to say that I'm now in a queue for Underwriter but they instructed valuation on 16/7 - no date as to when this will be yet. She said they will review whether a physical or desktop is needed.