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

janoid19

Nile_E_Coyote said:

Are offers taking longer than usual? I'm 2 weeks into a process and pay slips were submitted last Friday. Got a message on Monday saying 2-4 working days and status will be updated on the tracker.

Coming towards end of the 4th working day now and heard nothing. I'm guessing this could be pretty normal?

When I started this process I was assuming at least 2 weeks so now that mine came back in 2 days I have no idea what the norm is. Good Luck!

Navigaor31

Why is it weekends take an eternity when waiting for a decision!? Hahah

GN2020

Navigaor31 said:

Why is it weekends take an eternity when waiting for a decision!? Hahah

I know! 🤣
They normally go so quickly but they seem to drag now! 🤣

JJG1984

Got my offer by email yesterday; over the moon.
This site has been great but i think it adds to the anxiety reading others experiences and painting a picture
Now i want to be a mortgage free wannabe as never to early to plan reducing that term and over paying 

Bad_Accountant

Bad_Accountant said:

Virgin Money.

All docs sent by Broker on 9th Oct. 
hard check done on credit file twice (I think they misspelled my partner’s name first time)
Valuation yesterday (20th). 

Turnaround on valuation is 4 days so hoping for the ok on Monday or Friday. 

Trying not to stress. This is the second time we’ve tried to buy this place so I am pretty sure the conveyancing will be ok. Just the mortgage offer to get approved. Hoping the seller doesn’t get cold feet waiting (unlikely... we have moved as fast as possible on all this!)

Mortgage approved 26th October!

Happy dance!

Good luck to everyone else waiting for decisions!

dais

dais said:

Is anyone able to shed light on the timeframe between valuation and offer? The MA emailed to say the valuation passed last Thursday (15th) but still not had any updates, is this normal? 

Thanks

Currently 5 weeks into the application and it’s been 2 weeks since valuation and still heard nothing!! Absolutely tearing my hair out

penino

2 weeks tomorrow since full application, still waiting for documents to be marked as ‘complete’ on the tracker. Valuation was done yesterday and have been told that was all fine so should have an update on Friday that it will be going to offer stage. 

Nile_E_Coyote

Applied on the 10th. Documents sent a week later.

Rbs tracker has marked then all as ticks 'this action is complete'. Not sure if this means theyre acceptable or whether we will receive questions on then later.

The bottom says we have instructed a valuation report and will await survey results.

Waiting game.

laceyb123

JJG1984 said:

Got my offer by email yesterday; over the moon.
This site has been great but i think it adds to the anxiety reading others experiences and painting a picture
Now i want to be a mortgage free wannabe as never to early to plan reducing that term and over paying 

Do you mind me asking if you asked, or requested for your valuation to be done after the underwriting process? 

niknaks0285

Hi. So I am a first time poster! 
Currently and anxiously waiting on a mortgage approval from Natwest. Originally was told by MB would take about 2 weeks but then I thought with the volume of mortgages and survey requests at the moment it would take longer. 
Currently on week 3 as of today! Application went through on the 7th October for a Single mortgage application, we are married.
Natwest wanted an extra 5k deposit  that originally stated in AIP which wasnt an issue. 
So far dates are 
7th Oct- Mortgage app submitted
12th Oct- valuation instructed (new build)
21st Oct- payslips ticked
Emailed advisor to ask how long it will take for the approval, with a reply to say that the application process is going well. 

And now I wait for next update. Its killing me!