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

Arina

Just received a phone call from my mortgage broker that out mortgage has been offered!!!!! The valuation was only done yesterday! Sooo happy right now! He also said we should receive the hard copy in the post shortly and a copy will also be sent to our solicitors!

Here is my updated timeline!

16/08/14: Received DIP with halifax
16/08/14: 2 searches showing up on Experian (RBS - MORTGAGE QUOTATION & HALIFAX - ID GENERIC CHECK)
18/08/14: Offer accepted on property
26/08/14: Full application submitted
28/08/14: Valuation funds taken from account
29/08/14: 2 searches showing up on Experian (RBS - MORTGAGE QUOTATION)
02/09/14: Valuation booked (Valued at the sale price!)
03/09/14: OFFER ISSUED!!

bowsh9

Jesus, never doing this again.
Here's an update to my timeline:-

01/08 - Viewed property.
02/08 - 1st offer rejected.
02/08 - Price agreed off market.
03/08 - Booked Mortgage Appointment with Leeds BS
09/08 - Cut off from mortgage appointment half way through, had to start again.
10/08 - Went execution only online.
18/08 - Found different property 30k cheaper.
19/08 - offer asking price on new property, pull out of original house.
19/08 - Gazumped on new property! EA in cahoots with buyer.
19/08 - Crawled back to original house EA, asked if I could re-offer at same price and continue.
19/08 - EA phoned back to tell me they hadn't phone vendors yet, continued as normal.
23/08 - Leeds offer 9k less than originally applied for.

---

01/09 - 1st Appointment with Barclays.
01/09 - AIP & full mortgage application.
01/09 - Offered full amount asked for with Leeds, Fast track with no underwriting.
02/09 - Valuation carried out & approved.
03/09 - Mortgage offer in post.

:A :A :A

gunnarboy

Finally got our mortgage offer in the post today , so happy natwest have been brilliant , we have had numerous problems with other parts of the house purchase but the mortgage has been pretty plain sailing :-)

Kirstyb1987

tr54vrs wrote: »

Does anyone know how long it takes from when nationwide text saying "offer issued" to when the hard copies are recieved?

Mine was around 3 working days and I think my solicitor recieved theirs pretty much around the same time. If you have online banking you can print it off from their. It's stored in your applications and quotes and then in documents.

Axled

Amazed at the variation in everyone's timelines.

Up and down with our application as our first valuation was cancelled due to salaries being recorded as £0 but should now be back in track. Hope the rest isn't too difficult from here.

ruman777

I have found this thread very helpful during the stressful waiting time of mortgage approval.

I have received the final offer from Natwest and would like to share the time scale.

Formal application on 18th August.
Valuation instructed on 24th August.
valuation done on 29th August
Final Offer: Posted on 3rd September.

Planning to complete on 30th September.

Thank you all.

WillyWonga

Hi all,

Nails are fast depreciating!!

Full app with Natwest on 27th Aug

Updated on 4th Sept - needed to see payslip and bank statement

Still waiting a resp.

Fingers without nails crossed......

dontfollowme

I'm in receipt of a mortgage offer, however I have just been left £2K in a will. Should I bump up my deposit?

Other things I could spend the money on include fees, existing debt or stuff for me new house (sofa etc).

Thoughts? (not the ideal thread for this I know)

kiddakidda

dontfollowme wrote: »

I'm in receipt of a mortgage offer, however I have just been left £2K in a will. Should I bump up my deposit?

Other things I could spend the money on include fees, existing debt or stuff for me new house (sofa etc).

Thoughts? (not the ideal thread for this I know)

If it was me, I would clear existing debt. Changing deposit now will affect your mortgage offer. Whilst this shouldn't be an issue it will delay things whilst your new offer is prepared.

Well done on the offer BTW

dontfollowme

kiddakidda wrote: »

If it was me, I would clear existing debt. Changing deposit now will affect your mortgage offer. Whilst this shouldn't be an issue it will delay things whilst your new offer is prepared.

Well done on the offer BTW

Thanks for yours thoughts. I'm not too worried about the delay as a I have some time before exchange. Checking on the lenders online calculator the increased deposit does not improve my rate but does reduced the monthly payments obviously.

My existing debt is quite small and based on current repayments will be clear in 4 months.