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

Dilleyhead

Nyukins wrote: »

I had to wait 2 weeks after valuation. But they had made a mistake, so after a week of waiting I called them and they had failed to notice that my payslips had not been signed off, so it may be worth calling to check the progress. Nationwide were brilliant and really quick. The number I had was 0845 6093422 and I never had to even wait on hold when calling them!

Also - after getting the text saying I had an offer I called them immediately and they e-mailed me the offer so I didn't have to wait for the post to arrive to make sure it was the full amount

Ooo thank you if I don't hear anything by Friday then I shall give them a call, thanks!

dinealone

dinealone wrote: »

Bit of an update on my wait from hell (little bit of an exaggeration)

08/05 Got an email from my Broker saying we should be have an update on Tuesday (13/05)... that will be 3 weeks after our DIP was given and we still don't even have a valuation date... should I get concerned?

13/05 As promised the broker updated me today, lender is apparently happy with the documentation and instructed a valuation. Was told that like Santander/Abbey, Accord apparently do not book a valuation unless they are happy with the application and it is really only the valuation that needs to be done. Can anyone confirm this?

I suppose now we have to play the waiting game with regards to a valuation appointment which is now down to the Surveyors and could apparently, potentially take weeks before we get an appointment.

rb80

I've another thread but I thought I'd post my time line here too as I'm currently waiting for a decision...

Background:
Me – Self-employed two years of accounts averaging a salary of £24000
Partner – teacher, £29000
House - £250,000
Deposit – 15%
Lender Halifax

21/01 – Initial contact with MA who researched on advised mortgages based on the fact I’m self employed.
04/03 – Offer accepted on house.
07/03 – Full mortgage application submitted to Halifax
27/03 – Chased mortgage application. Discovered that Halifax had denied it several days before but the system had not updated and we had not been informed. Denied on affordability due to self-employment. MA advised us to resubmit application with 2013 – 2014 SA302 from HMRC.
07/04 – Sent 2013 – 2014 self assessment to HMRC
30/04 – SA302 processed and faxed to MA.
01/05 – MA set Halifax my SA302 so they could reassess my income.
06/05 – Chased mortgage application. Discovered that Halifax had a problem with their systems and my whole application would need to be resubmitted.
07/05 – MA resubmitted application. DIP offered.
08/05 – Survey fee take from my bank account.
09/05 – Vender is under A LOT of pressure and stand to lose the property she is buying if we don’t complete ASAP. Asked mortgage adviser if Halifax could escalate our case. Halifax advised that they would only do this is they had a letter from the solicitors confirming our exchange date.
09/05 – Solicitors faxed letter to Halifax confirming and exchange date of 14/05 to escalate our case.
12/05 – MA informed me that the underwriters our looking as our application.
12/05 – Underwriters asked to see the projected self employed income for 2014 – 2015 which needs to be signed off by accountant.
12/05 – My accountant put the projection figures together (cost me a small fortune at such short notice), I emailed them to my MA.
13/05 – MA adviser submitted projection figures to the underwriters at Halifax and we’re waiting to hear back. Assuming they’ve ignored the solicitors letter informing them of the 14/05 exchange date as that’s TOMORROW!! Still no survey booked in.

Wozza85

Wozza85 wrote: »

1st of January-Made offer on property
7th of February- Credit checked by Santander and all ok
14th of Feb - Sent docs to broker
27th Feb- Broker finally sends full application in!!!

Didnt hear anything pretty much all of March, just waited.

14th April-Questions about statements and charges on OH's statments
28th April-Same questions again, back of underwriting queue for another week

1st of May- Agreed, subject to valuation
6th of May-Valuation took place
9th of May-Valuation fine, gone to offer.

Now waiting on offer in post!

Offer came in the post today

getting-sorted-sarah

Congrats Wozza!

Email from MA today saying that Santander have confirmed receipt of docs they asked for (hope so, they were sent a fortnight ago) and she will check every day to see if it has gone to underwriters.

dannyp86

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:

Spoke to mortgage broker today, asking if full offer had been issued. Was worried but she said yes the bank confirmed the full mortgage offer was issued on the 8th May and i should get it in the post before the end of the week. There was me thinking there was a problem. Therefore, the mortgage went from full application 26th April to full mortgage offer on the 8th May, that will be 7-8 working days, seems too good to be true, will remain slightly pessimistic till i get the keys though.:think:_pale_

19ardagh70

dannyp86 wrote: »

Spoke to mortgage broker today, asking if full offer had been issued. Was worried but she said yes the bank confirmed the full mortgage offer was issued on the 8th May and i should get it in the post before the end of the week. There was me thinking there was a problem. Therefore, the mortgage went from full application 26th April to full mortgage offer on the 8th May, that will be 7-8 working days, seems too good to be true, will remain slightly pessimistic till i get the keys though.:think:_pale_

Our Natwest mortgage was done on the 25th (via broker)valuation was on the 9th. Hopefully we will hear tomorrow how it went.(They are assessing it today):T

curious_badger

dannyp86 wrote: »

Spoke to mortgage broker today, asking if full offer had been issued. Was worried but she said yes the bank confirmed the full mortgage offer was issued on the 8th May and i should get it in the post before the end of the week. There was me thinking there was a problem. Therefore, the mortgage went from full application 26th April to full mortgage offer on the 8th May, that will be 7-8 working days, seems too good to be true, will remain slightly pessimistic till i get the keys though.:think:_pale_

That's great news - I'm still waiting for any form of contact/update since full app on 30th April!! (2 weeks ago) with still no news, MA fobs us off with "you should hear something by .." (Natwest also)

spidereyes

After full application submitted on Friday we had a call this evening From Natwest advising everything is all fine at underwriting stage, just the valuation to go now which I've paid for tonight.

Very impressed by how quick Natwest have been, feel like I can relax now everything is ok at underwriting as I don't envisage any issues for valuation

curious_badger

spidereyes wrote: »

After full application submitted on Friday we had a call this evening From Natwest advising everything is all fine at underwriting stage, just the valuation to go now which I've paid for tonight.

Very impressed by how quick Natwest have been, feel like I can relax now everything is ok at underwriting as I don't envisage any issues for valuation

Friday! The 9th just gone? Jesus!?