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

Marcy_Marc

Hello All,

Frequent reader, infrequent poster.

Background: We've been viewing new builds with 100% certainty this is what we want. Having been all over the midlands looking at show homes and developments.
A development we wanted a house on isn't feasible anymore and the new build style we fell in love with has been discontinued.
We have a lot of requirements, which doesn't help sometimes.

We browse pre-owned houses daily and my partner found an interesting one...

08/04 - called agents to arrange viewing
11/04 - first viewing with attempted poker faces to hide our delight at how many boxes this pre-owned property ticked :T
13/04 - went back to vendor direct to see about a second viewing (invited us back after first viewing). He wasn't in so cheekily left a note and number. Texted to arrange second viewing.
14/04 - second viewing with parent in tow. Still loved it.
15/04 - emailed mortgage docs to 'our guy' at Yorkshire Bank and text vendor saying we were offering and called agents to formally put it in. With a bit of back and forth we got to a price but he needed time to think about it :eek:
16/04 - wanted more time :eek::eek: however 9pm I got a text from the vendor saying he would be calling the agents in the morning to accept our offer :j:D
17/04 - mortgage telephone appointment booked in for 23/04.

Working within the property environment this is a daily experience, why is it so much more nerve racking when it's your own :rotfl:

Eviesmummy

Good luck for Wednesday Marc!

amnblog

Marcy_Marc wrote: »

17/04 - mortgage telephone appointment booked in for 23/04.

You have to wait a week to speak to someone about a mortgage?

Pring

amnblog wrote: »

You have to wait a week to speak to someone about a mortgage?

MMR seems to have put the lender's phone lines into meltdown. For branch appointments I was quoted June with Nationwide in Edinburgh and late April with RBS. Next telephone appointment with RBS was May. I was able to get a Nationwide telephone appointment the day after I called but others calling that day were told to call back next week as they couldn't handle the number of calls.

Connectionsounds

Hi all,

Been a long time lurker on this forum, has given me some great information along the way.

So I'm a FTB and went for a loyalty mortgage with my bank Barclays via a broker.

24/02 full app submitted
24/02 valuation instructed
28/02 valuation approved
17/03 mortgage offer
Between 17/03 and 02/04 solicitors dealing with a couple minor issues
15/04 exchanged contracts
17/04 funds released to our solicitor
Looking to complete on tuesday 22nd April (1st time i can not wait for a bank holiday to be over with) lol

It has been a stressful few months but we are almost there, I've been a long term customer with barclays, made sure all my bills were direct debit including the cc's so i would never miss a payment, and i guess thats they way it should be, don't borrow unless you can pay back, try not to live beyond your means.

When i was much younger i did mess up with a cc and store card but learnt my lesson. (Missed a few payments but nothing detrimental)
try not borrow unless you can pay back, it will pay off in the long run

Eviesmummy

Yay for completion on Tuesday connectionsounds! And some very sound advice at the bottom of your post. I also learnt the cc lesson young, ran up a huge bill, no defaults but more by luck than judgement! I was very glad to see that balance get to 0 again.

dannyp86

AIP via mortgage broker with Natwest a couple of weeks ago (not great credit)
Looked at a few houses, saw one we really liked on 15th April
Offer accepted same day 15th
Met mortgage broker on 17th to finalise all documents and to pay Natwest valuation fee.
All paperwork received from solicitors via e-mail, printed filled in and extra documentation sent via post on 19th April
Now waiting....

ukbrockest

dannyp86 wrote: »

AIP via mortgage broker with Natwest a couple of weeks ago (not great credit)
Looked at a few houses, saw one we really liked on 15th April
Offer accepted same day 15th
Met mortgage broker on 17th to finalise all documents and to pay Natwest valuation fee.
All paperwork received from solicitors via e-mail, printed filled in and extra documentation sent via post on 19th April
Now waiting....

Good luck with Nat West !

App for 95% 27/2

various hurdles and jumping through hoops

Offer received for 95% 17/4

Nearly there!

Marcy_Marc

Thanks Eviesmummy.

amnblog wrote: »

You have to wait a week to speak to someone about a mortgage?

Sounds worse than it is. Remember it's been Easter weekend so nothing has happened for four days. Just our luck!

Eviesmummy

My survey is booked for between 8.30 and 10am this morning. Im more nervous about this than I was the initial credit check! How soon am I likely to hear the outcome?