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

thaddy

lemliss said:

We got out offer via text yesterday so have to await it in the post fingers crossed it matches house price. 
30 working days from application to offer, been a long wait x

Your MB should have a copy of the offer and would have told you if it didn't match the house price. Ours came through the post quite quickly so you should get yours soon.

msfaye

msfaye said:

msfaye said:

First Time buyer, 33% deposit, borrowing 67%
Habito AIP issued in May
03/08 Viewed house
03/08 Best offer made (11k above asking price)
06/08 Agent told us offer accepted late afternoon
06/08 submitted all mortgage docs in Habito
07/08 instructed solicitor, agent sent formal sales memo, Habito recommended NatWest, 5 Year, 1.6 interest rate
11/08 Habito finished reviewing docs and confirmed they have all they need
13/08 Habito submitted full application to NatWest
14/08 Tracker indicates that NatWest is reviewing our docs 
17/08 Tracker shows that ‘A valuation has been instructed and we are now awaiting your client's survey report.’
19/08 All docs checked by NatWest shown on tracker. Broker told us that we could expect to hear back pretty soon. Hopefully tomorrow!

Updates!

hughes1497

thaddy said:

lemliss said:

We got out offer via text yesterday so have to await it in the post fingers crossed it matches house price. 
30 working days from application to offer, been a long wait x

Your MB should have a copy of the offer and would have told you if it didn't match the house price. Ours came through the post quite quickly so you should get yours soon.

I got my offer and it was based on £130k house price when in actual fact we have only paid £128,500 so waiting on offer being updated but it should impact anything as the LTV changes by not much!

jsj25

Hi all, FTB here and currently very nervous about this whole process, so it's great to see so many others in the same situation!

For those of you who've applied for mortgages already, I noticed that in lots of cases the lender did not request payslips until a few days after the full application was submitted. Does this mean you didn't need to provide the payslips at the point of application? I've recently had a pay rise at work - it's been backdated to March but this month's payslip will be the first reflecting my new salary. My employer has provided me with a reference letter but I know not all lenders accept this. I'm really worried that I won't be able to submit my full application until next week at the earliest as that's when I'll get my new payslip - in the meantime, it's been a week since my offer was accepted and I don't want the vendors or their EA to think I'm dragging my heels!

I don't have an appointment to speak with my broker about this until later in the week - all the questions and doubts are driving me crazy in the meantime. 

xMeganCL

jsj25 said:

Hi all, FTB here and currently very nervous about this whole process, so it's great to see so many others in the same situation!

For those of you who've applied for mortgages already, I noticed that in lots of cases the lender did not request payslips until a few days after the full application was submitted. Does this mean you didn't need to provide the payslips at the point of application? I've recently had a pay rise at work - it's been backdated to March but this month's payslip will be the first reflecting my new salary. My employer has provided me with a reference letter but I know not all lenders accept this. I'm really worried that I won't be able to submit my full application until next week at the earliest as that's when I'll get my new payslip - in the meantime, it's been a week since my offer was accepted and I don't want the vendors or their EA to think I'm dragging my heels!

I don't have an appointment to speak with my broker about this until later in the week - all the questions and doubts are driving me crazy in the meantime. 

My mortgage advisor asked for all the payslips and other documents before my application was even submitted. They might not have asked her for them all, I have no idea, but at least she has them and doesn't have to ask me for them if they request anything

mathdotrandom

xMeganCL said:

jsj25 said:

Hi all, FTB here and currently very nervous about this whole process, so it's great to see so many others in the same situation!

For those of you who've applied for mortgages already, I noticed that in lots of cases the lender did not request payslips until a few days after the full application was submitted. Does this mean you didn't need to provide the payslips at the point of application? I've recently had a pay rise at work - it's been backdated to March but this month's payslip will be the first reflecting my new salary. My employer has provided me with a reference letter but I know not all lenders accept this. I'm really worried that I won't be able to submit my full application until next week at the earliest as that's when I'll get my new payslip - in the meantime, it's been a week since my offer was accepted and I don't want the vendors or their EA to think I'm dragging my heels!

I don't have an appointment to speak with my broker about this until later in the week - all the questions and doubts are driving me crazy in the meantime. 

My mortgage advisor asked for all the payslips and other documents before my application was even submitted. They might not have asked her for them all, I have no idea, but at least she has them and doesn't have to ask me for them if they request anything

Mine did as well. I think that's pretty standard and one of the first things lenders tend to ask them for. I've heard of applicants never having to show their bank statements, but I've never heard that with payslips. Speak to your mortgage broker, they might be able to help you to submit earlier.

lancslass26

Eventually... after various phone calls yesterday between Nw and broker I have finally received our mortgage offer via text this morn. So relieved. Good luck to everyone 🤞🏼

amyatt98

FTB here, pulling my hair out applied with nationwide via a MA on the 24/07, valuation booked in 04/08 and have heard nothing since. I have asked my MA to look into it and been told its theres a backlog and It might not be until the 28th of August until the app is reviewed. Should I have heard something by now regarding the valuation? I thought we would have at least had a text message from NW to say they have received the valuation? 

macca2424

amyatt98 said:

FTB here, pulling my hair out applied with nationwide via a MA on the 24/07, valuation booked in 04/08 and have heard nothing since. I have asked my MA to look into it and been told its theres a backlog and It might not be until the 28th of August until the app is reviewed. Should I have heard something by now regarding the valuation? I thought we would have at least had a text message from NW to say they have received the valuation? 

If it make you feel better I haven't heard anything since my valuation last Thursday 13th, spoke to my broker this week and they said Barclays hadn't received the report yet. I submitted my application on June 16th, was approved subject to valuation on July 9th and waited over a month for the valuation to be booked. I know what it is like waiting and not hearing much.

amyatt98

lancslass26 said:

Eventually... after various phone calls yesterday between Nw and broker I have finally received our mortgage offer via text this morn. So relieved. Good luck to everyone 🤞🏼

Hi Lancslass26 Congratulations!! we have an app in with Nationwide, we had a valuation booked in for the 04/08 but have heard nothing since. did you receive any messages from NW after your valuation?