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

ukbrockest

curious_badger wrote: »

Thanks ukbrockest -
Seems like Natwest are one of the slowest then. I'm paranoid/worried that they'll do the same and offer us 85% instead of 90%

Well the house was up for 99k i offered 95k and was valued at 90k

The EA really are crafty - they said that no way was the house was worth 90k so I said sorry can only get lending for 90k so vendors in the end accepted defeat.

It has been a complete nightmare if I am honest, still have not exchanged contracts either as local searches are taking 6 weeks!

ukbrockest

Nat West were slow yes, but my MA was useless - she applied for wrong amount initially - this held things up, then Nat West asked for stuff i Had already supplied, then when I did supply documents it was back to the 5 day queue in underwriting

curious_badger

ukbrockest wrote: »

Well the house was up for 99k i offered 95k and was valued at 90k

The EA really are crafty - they said that no way was the house was worth 90k so I said sorry can only get lending for 90k so vendors in the end accepted defeat.

It has been a complete nightmare if I am honest, still have not exchanged contracts either as local searches are taking 6 weeks!

That's brutal! Hopefully not too long until you can exchange and complete! I'm dreading hearing back ...seems like this process I'm anticipating is never smooth!

dannyp86

dannyp86 wrote: »

Full application submitted 26/4
Application accepted and instructed valuation of the property 30/4

8/5/2014 Surveyor happy with valuation and Natwest say full mortgage offer will be in place in next 48 hours :j:beer::money:

Was on here expecting weeks and months for natwest reading some reports, but from full application to full offer we're looking at 2 weeks
(ish) couldn't be happier, just waiting on the solicitors now :question:

19ardagh70

Mortgage adviser contacted on 9th April.
Got offer for much less than we required on 17th April from Virgin money
We then applied to Natwest on the 17th April for AIP
Sent all paperwork etc for full application,this was processed on 22nd April
Heard back on 6th May it had passed
Valuation booked for 9th May
now waiting to hear on valuation...
all the Bank Holidays haven't helped

19ardagh70

dannyp86 wrote: »

8/5/2014 Surveyor happy with valuation and Natwest say full mortgage offer will be in place in next 48 hours :j:beer::money:

Was on here expecting weeks and months for natwest reading some reports, but from full application to full offer we're looking at 2 weeks
(ish) couldn't be happier, just waiting on the solicitors now :question:

Was valuation booked for the 30th April or 8th May ?

19ardagh70

ChrisFilter wrote: »

Survey was done this morning. How soon can I chase the surveyor?

Fingers still crossed. I asked our broker to double-check with Halifax that all underwriting was done bar the valuation and this was confirmed. Seems odd given they've not asked for bank statements, credit checked my wife or called my employer.

Connells are also doing our valuation (yesterday)
EA said we should hear monday/tuesday.
I didn't get credit checked either but my husband did

chriskellym86

I finally got the keys to my new place yesterday after a long and stressful period getting a mortgage with Santander. First they got my name wrong, then kep requesting docs one by one. Also they were taking g ages. Escalated the case and complained to my broker who got their managers involved, so things got moving after then.
Good luck everyone. Keep pestering your bank/broker

ChrisFilter

19ardagh70 wrote: »

Connells are also doing our valuation (yesterday)
EA said we should hear monday/tuesday.
I didn't get credit checked either but my husband did

That's interesting, thanks. My wife has zero debt and an excellent credit rating but I'm staggered that they didn't even look!

dannyp86

19ardagh70 wrote: »

Was valuation booked for the 30th April or 8th May ?

It was booked on the 30th of April, and it was carried out on the 8th of May.