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

pandapants14

Hi Everyone,

Just thought I would share my nightmare mortgage story with you guys. So my mortgage is with Barclays/Woolwich!

26th Jan - Offer put in
27th Jan - Offer accepted
7th Feb - mortgage application made
7th Feb - Details of pay slips requested
7th Feb - Solicitor informed of purchase
10th Feb - given OIP
17th Feb - Valuation instructed
18th Feb - query over dates on payslip matching with bank entries (Valuation put on hold)
19th Feb - Valuation booked again!
25th Feb - Valuation completed
27th Feb - Bank received valuation report
4th March - Bank now requires a damp survey - further cost of £200
4th March - Damp survey booked
11th March - damp survey completed
17th March - bank now says rainwater goods report is missing
18th March - rainwater report completed
20th March - bank received rainwater report - forwards to surveyor

Now the bank is waiting for the report back from the surveyor.

I am having sleepless nights over this mortgage, one problem gets solved and another rears its head!!

Meanwhile I am investing more time and money into this mortgage which they may decide to refuse right at the the last minute having watched me pay for all these damn surveys.

In addition the mortgage advisor at Barclays has told me several times during the process that they have everything and then they come back to me with more info and survey requests!!

robdevil

robdevil wrote: »

Help To Buy and First time Buyers 95%LTV

18/01/14 Got AIP from Halifax
21/01/14 Found House
24/01/14 House Viewing
25/01/14 First offer rejected, next offer sent
27/01/14 Decided to go with asking price and accepted(love house so much)
28/01/14 EA visited and Solicitors Instructed
01/02/14 Full Application submitted and Valuation booked(Halifax)
11/02/14 Valuation OK
20/02/14 Mortgage offer received
It was very quiet since MO received. Yesterday My solicitor said they still awaiting mortgage offer pack from halifax. !!!!!!?!!! Exchange planned for Monday but will be delayed without offer. Im trying to chase Halifax now.

Exchange today!

JennGa

Also hoping to exchange today!

lou2003uk

Mortgage offer received today :money::j

ukbrockest

lou2003uk wrote: »

Mortgage offer received today :money::j

Excellent news

With Nat West? I think it is!

How long from Valuation to offer?

My Valuation of Friday

Did you get offer for what you applied for?

Thanks

Paulaviki

Valuation day tomorrow and I'm worrying the it will be less than our offer even though there is no reason why it would be.......I hope!:(

ukbrockest

Paulaviki wrote: »

Valuation day tomorrow and I'm worrying the it will be less than our offer even though there is no reason why it would be.......I hope!:(

Join the club, just found out that app to Nat West was for 90% LTV and not 95% LTV as per my KFI sheet.

Already paid the valuation fee and Solicitors to start the searches.

Emailed my MB - I am absolutely fuming!

How can a professional be so incompetent

robdevil

UPDATE!

18/01/14 Got AIP from Halifax
21/01/14 Found House
24/01/14 House Viewing
25/01/14 First offer rejected, next offer sent
27/01/14 Decided to go with asking price and accepted(love house so much)
28/01/14 EA visited and Solicitors Instructed
01/02/14 Full Application submitted and Valuation booked(Halifax)
11/02/14 Valuation OK
20/02/14 Mortgage offer received
It was very quiet since MO received. Yesterday My solicitor said they still awaiting mortgage offer pack from halifax. !!!!!!?!!! Exchange planned for Monday but will be delayed without offer. Im trying to chase Halifax now.
24/03/2014 Exchanged and looking to complete on Friday 28th:beer::beer:

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.

20/03 - documents for proof submitted

24/03 - broker tells me they chased and told it won't be looked at until end of this week. Checked online banking and survey fee has been reserved so maybe not!

JennGa

Finally exchanged! :j

08/02 viewed complete new build, put in offer 2 hours later
09/02 offer accepted, reserved plot
10/02 solicitors instructed, DIP with Santander
12/02 solicitors confirm receipt of paperwork, countdown begins!
13/02 Full mortgage application goes in.
21/02 was told santander hadnt looked at the application yet
24/02 all documentation fine, just need to confirm solicitor is on their approved panel. Got panel number from solicitor and supplied to broker who has passed on info to Santander. Phew.
26/02 passed to underwriters
28/02 approved subject to valuation
28/02 valuation instructed
05/03 valuation completed
07/03 Received offer by email from broker dated the 5th
09/03 one search outstanding, waiting game
18/03 Transfer deposit
18/03 Home demo with developer and snagging list written
20/03 search comes back ok
21/03 santander decide to revise offer with one extra line :mad:
24/03 solicitor finally receives their copy of new offer, all good
24/03 exchange confirmed with completion set for 28/03 :rotfl: