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

ukbrockest

kingstreet wrote: »

Who told you that?

At the moment, it is taking them three working days to issue an application number after a case is submitted.

Then, it takes them several days to undewrite the case and instruct the valuer.

Our last case;-

App date 23/2

BDM got us app number 25/2

All docs faxed 25/5

App number provided by usual email 26/2

Told case would be underwritten by Fri 28/2 - not achieved

Asked NatWest to instruct valuer at our risk 28/2 as not yet underwritten

Valuer instructed 3/3

Valuation done 6/3

Surveyor off sick and return of report delayed until 11/3

Offer issued 12/3.

Seventeen days is not great and it could have been done more quickly IMHO.

Well app made with Nat West over 2 weeks ago, they have had my docs 2 weeks on Monday - still haven't heard a dickie bird

NewbuyerNE

shonaFTB wrote: »

We submitted our full application with Halifax yesterday afternoon. Great service. Let me know how you get on!

will do! Our broker applied himself with them this week and said they were fab - hoping their smooth transaction happens to us too, would save a lot of extra paperwork and worry!

Fingers crossed, good luck to you!

tom9980

tom9980 wrote: »

3/1 - view house, surprised how much we like it.
6/1 - view again.
8/1 - offers rejected.
16/1 - sealed bids.
17/1 - lose sealed bid.
24/2 - house comes back on market - offer accepted same day.
1/3 - view again to look at the issues pulled buyer had highlighted.
6/3 - Broker visits.
7/3 - Mortgage application made to NatWest
13/3 - application accepted and sent to underwriters

15/03 - been asked for proof of deposit. Annoyingly need to order one statement for an ISA.

oliel

kingstreet wrote: »

Who told you that?

At the moment, it is taking them three working days to issue an application number after a case is submitted.

Then, it takes them several days to undewrite the case and instruct the valuer.

Our last case;-

App date 23/2

BDM got us app number 25/2

All docs faxed 25/5

App number provided by usual email 26/2

Told case would be underwritten by Fri 28/2 - not achieved

Asked NatWest to instruct valuer at our risk 28/2 as not yet underwritten

Valuer instructed 3/3

Valuation done 6/3

Surveyor off sick and return of report delayed until 11/3

Offer issued 12/3.

Seventeen days is not great and it could have been done more quickly IMHO.

My app date was 21/2 (friday granted). Ive been told by my broker that the offer should be to us by wed/thur this week (surveyors happy with valuation and now back with natwest to issue offer) - we are porting so all paper not electronic! Its been holding us up completing missives, supposed to be moving in 4 weeks!

joe427

kingstreet wrote: »

Who told you that?

At the moment, it is taking them three working days to issue an application number after a case is submitted.

Then, it takes them several days to undewrite the case and instruct the valuer.

Our last case;-

App date 23/2

BDM got us app number 25/2

All docs faxed 25/5

App number provided by usual email 26/2

Told case would be underwritten by Fri 28/2 - not achieved

Asked NatWest to instruct valuer at our risk 28/2 as not yet underwritten

Valuer instructed 3/3

Valuation done 6/3

Surveyor off sick and return of report delayed until 11/3

Offer issued 12/3.

Seventeen days is not great and it could have been done more quickly IMHO.

Hi Kingstreet,

You was running on similar timeline to mine, however you seemed to have sped it up by instructing the valuation prior to approval. I was debating whether to do this myself.

22/02/2014 - Application submitted to Natwest
25/02/2014 - Reference received and application in the system
26/02/2014 - MA faxed evidence to Natwest
27/02/2014 - Evidence accepted, awaiting underwriter decision for valuation
03/03/2014 - Proof of deposit required, sent in same day
04/03/2014 - Proof of deposit received into system, advised to wait 48 hours to process again
06/03/2014 - Mortgage application accepted based on valuation and valuation instructed
07/03/2014 - Valuation booked for 14th March
14/04/2014 - Valuation done

Hoping for the offer next week :T

lou2003uk

joe427 wrote: »

Hi Kingstreet,

You was running on similar timeline to mine, however you seemed to have sped it up by instructing the valuation prior to approval. I was debating whether to do this myself.

22/02/2014 - Application submitted to Natwest
25/02/2014 - Reference received and application in the system
26/02/2014 - MA faxed evidence to Natwest
27/02/2014 - Evidence accepted, awaiting underwriter decision for valuation
03/03/2014 - Proof of deposit required, sent in same day
04/03/2014 - Proof of deposit received into system, advised to wait 48 hours to process again
06/03/2014 - Mortgage application accepted based on valuation and valuation instructed
07/03/2014 - Valuation booked for 14th March
14/04/2014 - Valuation done

Hoping for the offer next week :T

I'm on similar timeline to - sent proof of deposit on Thursday.

We're in Scotland so no survey required,, hoping to hear of a yes or no this week as were due to conclude in 4 weeks!

[Deleted User]

How long did things take before email!! I bet running to the bank and solicitors with things was a nightmare!

Paulaviki

AIP - 18/01/14
First viewing - 09/03/14
Offer accepted 10/03/14
Solicitors picked - 11/03/14
Paperwork done and full application submitted with Nationwide - 17/03/14

plumfin

Been away for a while with work - congrats to all who have had offers issued. Fingers crossed for others. Plum x

StreetFightingMan

Saw my broker last wednesday.

He emailed me this morning saying my mortgage had been accepted subject to survey which is booked for tomorrow!

This is from Halifax. Happened a lot quicker than I was expecting.