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

chelle333

My valuation is taken place on Monday 12th August it been a stressful time our application went in Mid july, its been a long wait, apparently valuers/surveyors are really busy.

winnie1988

No post - so ill just wait a few hours for a reply from my broker...such an impatient person!

winnie1988

So looks like I won't receive Wednesday's report yet as there is apparently a slight delay in Halifax receiving them.

mkmini81

not good... fingers crossed for you!! its the not knowing which is the worse part of all this!!

Jessica29

Mortgage offer is in the post! :jWhat a nerve racking week this has been...Good luck Peyton, Swanny (hopefully you get yours sorted soon ) and everyone else awaiting offers!

dave1988

how do you know if your mortgage offer is in the post??

winnie1988

Ooh how exciting:j
Congrats :T fingers crossed for everyone else

nikki2804

Well my offer was verbally accepted on Tuesday, waiting on the qualified acceptance now. Was hoping it would have been through by today but someone told me it can take up to 3 weeks :eek:. Can't proceed with the mortgage without this or the letter from LIFT (Scottish version of the help to buy scheme I believe?? shared equity anyway so mortgage is only 60% LTV) stating that they are also happy to proceed (even though they have verbally stated that they are and the previous letter stated the limits we could go to)

Being 34.5 weeks pregnant and on maternity leave is leaving me with too much spare time to worry about all of this!! Now I'm worrying that taking out car insurance monthly is going to affect my main application (credit check) :rotfl:

swanny78

ok a roller coaster of a day today. Builders adament in not reducing the price which meant we had no choice but to pull out if the sale....absolutely gutted. Went straight to estate agents to get appointment on other houses, including non new builds. Found out a house we really loved a few months ago was back on the market, made an offer and accepted. All in a day :-)

Question I have now is using the broker we have is it a simple task to keep existing lender and transfer to a new mortgage product in their range. We are looking at a traditional mortgage at £221,000 now rather than a HTB mortgage for £264,000. We have a 10% deposit too, rather that the 5% plus 20% equity loan on previous product. Do we need to start over with Natwest or will it be a quick transfer and get a new valuation done on this new property quickly?

note the values above are the actual amount we need to borrow. Ie price minus deposit.

Madagascar

Had a call from Natwest and with all the faffing around with the lost IDs they finally confirmed that they will be sending the offer in the post!
One hurdle down more to go!