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

Lu_equi2021

Hi All 
Joining here. 
(halifax)
29/07/21- Hard and soft affordability check done.  
30/07/21 Valuation fee taken . 

We have a slightly unusual employment set up as partner is basing it on his pay rise letter as of September . ( We have done this previously and been ok) . I am also term time only worker so I don't get a wage August as my hourly rate throughout the year adds on holiday pay which I save for the holidays .

Sick to my stomach EVERYDAY I am a worrier naturally so reading here to keep my mind occupied. X 
Good luck all X 

clare19811

We got our mortgage approved yesterday with Nationwide. We’ve had a long few years clearing debts and building income and I never thought we’d get here so very relieved at the moment!

clairelourow

Well I am back here again. Had an offer accepted in April and a full mortgage offer with Coventry.  Seller pulled out last week as they no longer want to move and we have since found another property which had an offer accepted on Friday for 5k more than previous offer. Does anyone know will it be a full new app or can Coventry amend the mortgage offer to reflect the new property?

Good luck to everyone waiting for offers!

vi009na

To update this forum. I have received full offer from NatWest and now I am proceeding with conveyancing steps. More details in signature.  

Bookgal88

clairelourow said:

Well I am back here again. Had an offer accepted in April and a full mortgage offer with Coventry.  Seller pulled out last week as they no longer want to move and we have since found another property which had an offer accepted on Friday for 5k more than previous offer. Does anyone know will it be a full new app or can Coventry amend the mortgage offer to reflect the new property?

Good luck to everyone waiting for offers!

I would think it likely that you'd have to reapply. Mortgage offers are usually valid for 90 days. I've had one extended before when it was going to run out but we were within touching distance of completion. I think if you're back at the start of the journey they'll probably need you to do a new application. 

The good news is that you know what to expect this time round and as long as your circumstances are pretty much the same, you're likely to be accepted again. 

15JM83

I had an offer from Coventry last week and the offer is valid till jan 22, so 6 months. There is section on the intermediates page and im sure it says a broker can amend it 

Lu_equi2021

29/07/21 AIP done and received 1 hard search and soft affordability.
30/07/21 full app done .
6/07/21 valuation booked for the 9th. 
9/07/21Valuation done

12/07/21 received valuation in post . 

Now we wait aghhhhhhh.  

Anyone else ? Halifax ?

Lu_equi2021

We exchanged yesterday complete the 10th.  

Timeline 

14 August at 8:19PM

29/07/21 AIP done and received 1 hard search and soft affordability.
30/07/21 full app done .
6/07/21 valuation booked for the 9th. 
9/07/21Valuation done

12/07/21 received valuation in post . 

August received mortgage offer 

Exchanged yesterday 
Complete the 10th sep x

Natrc

I have been reading through this thread, and have found all of the responses really helpful, so thought I would add mine.

Timeline:
22/11/21- offer accepted on a property 
27/11/21 - DIP issued and full mortgage application sent with West Bromwich BS
29/11/21 - mortgage broker returned with some additional information needed - this information was sent to West Bromwich BS
2/11/21 - Survey and valuation took place
2/11/21 - mortgage broker called to inform us that property had been downvalued by £10k
2/11/21 - revised offer put into estate agents
3/11/21 - revised offer accepted by sellers and sent to mortgage broker who informed the lender

Since the 3rd we have just been waiting for an update. I have been chasing my broker but we have heard nothing yet. He told me last week that our application was now in underwriting, and given west broms estimated timeline from application to offer of 16 days, we should expect a reply by the end of this week really. Fingers crossed!

jst1986

My timeline is very similar to yours, application in on 22/10 and still waiting an offer from HSBC.