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

Biscuit31

I wonder if anyone can shed any light of my current application:
22/2/21 - AIP submitted to Natwest and approved
23/2/21 - Full application submitted
23/2/21 - Hard search carried out on credit file
24/2/21 - Requested docs sent (P60/Payslips/ID/Proof of address) via digidocs.  I bank with Natwest so didnt need to send accounts
25/2/21 - All documentation ticked and valuation instructed (from tracker)
26/2/21 (am) - Email received saying mortgage approved subject to valuation
26/2/21 (pm) - Call from Natwest saying I need to upload another form of ID as the first one wasn't clear, also I need to send in November's payslip as I uploaded October, December and January (my mistake) and they are asking me where I pay council tax from (I pay this from one of my Natwest accounts anyway but maybe it isn't clear. 
Anyway I have done everything they asked, but I don't understand why I would get an email this morning telling me the mortgage application is nearly complete and it is approved subject to valuation and this afternoon they are asking for more documents?

blueunderground

 I am at my wits end with our mortgage broker and Barclays. We applied on 15th January, valuation in person was done 10 days later and they downvalued the property by £35k. We then renegotiated with the seller and our mortgage broker submitted a change in value form and we’ve been waiting since then for an official mortgage offer(close to 3 weeks) Admittedly, the broker is at fault for submitting the form incorrectly twice but we are told every week that they are reviewing the doc, it will be done by COB and goal post keeps changing. Just so !!!!!! off with it all. Broker blaming Barclays but can’t help feel like they’re messing me around. Anyone else struggling with Barclays at the moment?

application submitted and hard search completed 15th Jan
valuation 26th Jan. 
1st Feb notified property downvalued 
5th Feb - renegotiated with seller
8th Feb - MB supposedly submits change form and we should hear back in 3 days. 

16th - MB admits they didn’t submit form last week. 

19th - Barclays informs error on form. 

22nd - Form submitted again. Barclays informs we should hear COB Wednesday. Then Thursday. Then Friday. 

26th - told we should hear COB Monday. 

I’m going mad!!!! 

Lashrem90

Just thought I'd join the thread with my experience applying to Natwest so far:
17/02 - Full Application submitted via broker (included a hard search on Equifax)
18/02/ - Valuation booked 
24/02 - Valuation completed
26/02 - Everything has been ticked on the assessment and valuation section of the tracker.

Now it's just a waiting game for me - my broker said full underwriting is taking up to 6 working days so the latest I should here back from Natwest is next week Wednesday.. so fingers crossed.

bigkenny1975

Here is where I am with the NatWest (direct application).
I actually forgot I filled in their form when I was looking for rates but they called saying I had started a DIP but they needed more info. I knew they did a soft check so decided to get one and liked the rates (we have a 10% deposit).
- Got the DIP on 5th February
-  Put an offer in on a property on 9th February and it was accepted (didn't think we would find somewhere so quickly)
- Had application appointment on 17th February. Turned out that even though my wife was paid to train as a teacher and was in school teaching they couldn't count it as employment, it meant she was two weeks shy of the 6 month employment requirement. We asked them to ask for an exception. All documents were submitted in advance of the meeting
- Exception was granted and second appointment was on 23rd February (advisor couldn't get it in earlier)
- Credit Check passed with no issues (phew)
- Mortgage tracker showed as all documents reviewed and accepted yesterday

- Call from the mortgage advisor today saying the underwriter has agreed to the mortgage of we provide one more statement for the deposit and assuming valuation comes in ok. So now just waiting for the valuation

JACKO_2

Hi , this is a bit complex so will try to keep it short , I live in a property with my grandmother who  passed away 18 years ago . My grandmother left me the house in her will . I am not the executor of her will my elderly relative is . We have been trying to resolve this with the mortgage company for the last 18 years , we have sent them all the paperwork they have requested, and they will not speak to me . I have been paying the mortgage every month since my grandmother passed away , the mortgage was in my grandmothers name , I was not on the mortgage and was not a guarantor for the mortgage  but I have continued to pay , the mortgage statements  are addressed to the per reps .  The mortgage term has now expired and I have received a letter saying that they are looking to repossess , a payment is still made to them every month so after ringing yet again they still refuse to speak to me . Has anyone got any advice on what to do , can they legally repossess  for a mortgage in my grandmothers name who passed away 18 years ago . 

Biscuit31

bigkenny1975 said:

Here is where I am with the NatWest (direct application).
I actually forgot I filled in their form when I was looking for rates but they called saying I had started a DIP but they needed more info. I knew they did a soft check so decided to get one and liked the rates (we have a 10% deposit).
- Got the DIP on 5th February
-  Put an offer in on a property on 9th February and it was accepted (didn't think we would find somewhere so quickly)
- Had application appointment on 17th February. Turned out that even though my wife was paid to train as a teacher and was in school teaching they couldn't count it as employment, it meant she was two weeks shy of the 6 month employment requirement. We asked them to ask for an exception. All documents were submitted in advance of the meeting
- Exception was granted and second appointment was on 23rd February (advisor couldn't get it in earlier)
- Credit Check passed with no issues (phew)
- Mortgage tracker showed as all documents reviewed and accepted yesterday

- Call from the mortgage advisor today saying the underwriter has agreed to the mortgage of we provide one more statement for the deposit and assuming valuation comes in ok. So now just waiting for the valuation

Sounds similar to my position. I missed the call this afternoon but was left a voicemail saying just wanted to give me an update on my application but I literally received an email saying ‘mortgage approved subject to valuation’. Anyway when I called back an advisor just said the underwriter left a note needing a couple more things (Nov payslip which I missed first of all), another copy of passport and where do I pay council tax from. Did you get an email saying mortgage approved subject to valuation? I’m now nervous that it’ll be declined now even though had an email saying it’s approved subject to valuation.

bigkenny1975

Biscuit31 said:

bigkenny1975 said:

Here is where I am with the NatWest (direct application).
I actually forgot I filled in their form when I was looking for rates but they called saying I had started a DIP but they needed more info. I knew they did a soft check so decided to get one and liked the rates (we have a 10% deposit).
- Got the DIP on 5th February
-  Put an offer in on a property on 9th February and it was accepted (didn't think we would find somewhere so quickly)
- Had application appointment on 17th February. Turned out that even though my wife was paid to train as a teacher and was in school teaching they couldn't count it as employment, it meant she was two weeks shy of the 6 month employment requirement. We asked them to ask for an exception. All documents were submitted in advance of the meeting
- Exception was granted and second appointment was on 23rd February (advisor couldn't get it in earlier)
- Credit Check passed with no issues (phew)
- Mortgage tracker showed as all documents reviewed and accepted yesterday

- Call from the mortgage advisor today saying the underwriter has agreed to the mortgage of we provide one more statement for the deposit and assuming valuation comes in ok. So now just waiting for the valuation

Sounds similar to my position. I missed the call this afternoon but was left a voicemail saying just wanted to give me an update on my application but I literally received an email saying ‘mortgage approved subject to valuation’. Anyway when I called back an advisor just said the underwriter left a note needing a couple more things (Nov payslip which I missed first of all), another copy of passport and where do I pay council tax from. Did you get an email saying mortgage approved subject to valuation? I’m now nervous that it’ll be declined now even though had an email saying it’s approved subject to valuation.

I'm only worried about the valuation. The advisor said she spoke to the underwriter who was happy with everything else. 

amandacat

amandacat said:

Full application to HSBC via a broker 22/2/21.
Advised a desktop valuation has been completed and initial application signed off 24/2/21.
Been told it has been passed on for final checks (not sure if that means the underwriters?) so should hear by the end of the week. 

All very quick so far. 60% LTV but based on my salary only as my other half is only on a temporary work contract so my worry was whether they’d question affordability when only taking my salary into consideration but large deposit and mortgage payments will be low so we shall see...

Update to the above, I got my mortgage offer 26th. Very quick turnaround with broker submitting the application on Monday and full offer being back on Friday. 

Their desktop valuation came back at 9k less than I’ve agreed to buy the house for , hasn’t affected anything due to having a large deposit but still casts doubt in my mind if I’m overpaying for it but the house was bought over 3 years ago for 4K more than they’ve valued it at so I’m putting it down to them being cautious due to economic uncertainty. 

Al_El_Hay

rorb10 said:

Full application submitted to Accord today.
I've come off the mortgage at my family home and partner is FTB.
I've got debts so a bit nervous but slightly optimistic as my partner goes back to work next month and with her income, she has no outgoings and I'm currently paying all bills, rent and my debt at the moment so with her income, we'd be able to pay the mortgage twice over every month, hopefully Accord see it like thaat too. 

Hey... how are things progressing with Accord? 

We submitted full application on Friday... *fingers crossed* x

Josephgousto

Josephgousto said:

Hi everyone!
Been reading on this thread for a while, here´s our timeline so far:

• Offer made and accepted on the house we want 9/02
• Offer received and accepted on our house 20/02
• Solicitors Instructed 22/02
• Solicitor gave us our fixtures and fittings form for purchase and sale questionnaires 22/02
• Mortgage application submitted to Santander 23/02 (49% deposit)
• Valuation booked 24/02 
• Valuation carried out 25/02 (desktop valuation)
• My buyers valuation carried out 25/02

Very excited about everything!

 Was informed today that our purchase was valued at the price we offered! Now awaiting our mortgage offer and proceed with the next steps.