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

Countrycat_2

Countrycat wrote: »

Hello all,

I've been reading, with great interest, everybody's posts for the last few weeks and thought I would join in the waiting queue...

01/04 - Viewed property, no chain - (Had AIP from Santander - 95% LTV HTB)
02/04 - Placed offer - accepted!
03/04 - Rang Santander to progress application, was told two week wait for telephone appointment. So managed to book earlier in-branch appointment.
08/04 - Had in-branch appointment - computer said no :mad: but could be possible if I had 15% deposit. Decided to try elsewhere.
09/04 - Tried Skipton BS - 90% LTV - Passed initial credit check & affordability checks. Following this I needed to make telephone appointment with Mortgage advisor to progress with application. Solicitors instructed.
16/04 - Telephone appointment with Skipton BS complete, full application now submitted (with a lot more docs than they requested - just in case!). Await decision from underwriters, but could take another 10 days for mortgage offer.

25/04 - Underwriter has contacted me to take payment for valuation.
Valuation booked for 28/04.

Subject to valuation, am I home and dry or will MMR rear it's ugly head next week??

chriskellym86

Valuation done yesterday morning with Santander. Broker let me know of offer late afternoon.
Papers being sent to solicitors. Looking to exchange next week woooo. Finally, been such a long and stressful process. (Submitted application, end of March).
Good luck all!!!

mrluke

mrluke wrote: »

3rd/4th Feb we view house
5th Feb we make offer
5th Feb offer accepted
6th Feb Key money left
6th Feb make appointment for full application with Natwest
7th Feb ( wait is too long ) we go with Santander through broker
8th Feb meeting with broker , Hand over all documents etc
11th Feb instruct local solicitors
12th Feb - 12th March Various documents are resent/reproved/missing etc
12th March - Receive word that Mortgage has been officially approved/Valuation booked
13th March - We receive from solicitors draft contract/Land title/fittings form/Epc Etc ..
17th March - Valuation is completed
20th March - Valuation received / all is ok
7th April - Searchs are back and we go in and sign Contracts !
9th April - Money Requested from solicitors / Money paid via BACs Faster Payment
15th April - Set to Exchange ! ( We hope )
15th April - Contracts not signed by sellers - postponed exchange until Wednesday/Thursday

17th April - Exchanged !
25th April - Booked for Completion
25th April - Keys and Completion at 1030 ! Yay !

MissyS

dannyp86 wrote: »

22/4 E-mail from mortgage broker, saying she has checked Natwest's timescales today and it will be 5 working days to start a new case, a bit confused, is this just backlog??

We submitted our application to Natwest on 17th April too! Had a call from out MA on Thursday to say there is a 5 working delay at Natwest.

Fingers crossed.

ukbrockest

it took me 6 weeks with Nat West from application to offer !!!!!

MissyS

6 weeks? That seems like forever.
Why is it when house buying a week feels like a year? I'm usually such a patient person!

MentalMinnie

We finally exchanged on Thursday, the vendors solicitors are incompetent, and held things up for weeks.

My only issue is that we don't complete til 23rd May and I'm worried the lender will decide to re-assess our application under the new rules and loose the mortgage. The new few weeks are going to be stressful

brenda10

chriskellym86 wrote: »

Valuation done yesterday morning with Santander. Broker let me know of offer late afternoon.
Papers being sent to solicitors. Looking to exchange next week woooo. Finally, been such a long and stressful process. (Submitted application, end of March).
Good luck all!!!

We waiting for sellers to find another place so they can move out and we can move in, valuation date soon hopefully.
Good Luck, interesting to read your journey story.

dannyp86

reading all reviews of natwest, they sound terrible. people saying they've lost the deal due to natwest being so slow. I used a mortgage broker to point me in the right direction, and they've chosen nat bloody west :-s

GalaxyStar

Can I join in? Only just found this one! Can't quite go on the "Waiting to exchange" thread as not signed contracts yet! Only slightly late to the party! We are FTB's In South Yorkshire buying a 3 bed semi for £100k with Halifax as our bank

25th February Viewed House (all ready had AIP)
1st March 9:30am Viewed again with parents
1st March 12:30pm Made offer
1st March 15:15 Offer Accepted
7th March Met estate agent to prove finances and AIP
11th March Appointed local solicitors
A bit of tooing and froing to get the memorandum of sale from EA from here
2nd April Met Halifax mortgage advisor & aplication started
10th April Valuation carried out by bank
17th April Received valuation - all OK!
19th April Met Halifax advisor again to discuss insurance - have to add second job onto application for mortgage
24th April Our HomeBuyers Report carried out - Surveyor called to say no major problems & Solicitors received local and mining searches back
25th April Halifax mortgage advisor e-mailed to say mortgage has now been offered!

I am so glad they got back to us on Friday and not let us stew for the weekend! And hopefully we just dodged the worst of the new MMR checks too! I am so excited/anxious now to be able to get moving! Now we have done all we can we just need to hope our vendors find suitable accommodation for themselves, lovely elderly couple going into sheltered accommodation.