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

bexs2247

So our mortgage application is with virgin. They are awaiting environmental searches before advising whether they will offer or not.

Before we decided to go with virgin we also had an aip with nationwide which is still valid. I have just noticed that nationwide a rates are reduced now (3.99 compared to 4.39 with virgin).

My question is if we now did full app with nationwide would it cause problems? It would result in another full credit check which I guess could be refused because of the credit check virgin have done?

It would be a saving of £34 a month on the repayments.
Not sure what to do!

tr54vrs

tr54vrs wrote: »

10/07 - DIP from broker
missed out on 2 houses before
14/08 - Offer accepted on house
14/08 - Full application submitted to Nationwide
27/08 - solicitor received all missives and house documents
29/08 - Valuation booked for our mortgage application
01/09 - text from NW formal mortgage offer issued
02/09 - text from NW revised formal mortgage offer issued (middle names twice on first offer)
04/09 - deposit and fees paid to solicitor
05/09 - first formal offer recieved in the post
05/09 - Sellers solicitor advises"
“our client is also purchasing property and we are waiting for confirmation from the seller’s agent that their clients can settle on 12th September”
Which is annoying considering the house was sold to us as "Chain Free"
08/09 - revised formal offer recieved in the post
08/09 - Local holiday no progress

still hopeful for entry on 12th, cutting it close though.

Gutted if we don't make this date as our next available date is 25th!

Missives concluded, deal legally binding.

FRIDAY Entry Woohoo:beer::j:T:eek:

1234

1234 wrote: »

Full app was submitted on 22/08
Valuation carried out on 01/09
Currently under review by underwriters since 03/09
MOS submitted to Woolwich 04/09

updated to:

Application is proceeding to offer.

kazire

AIP submitted 8/9/14
AIP agreed 9/9/14
We need to find a buyer for our house before offer is fully accepted

bexs2247

bexs2247 wrote: »

Presumably going to be an extra cost then and no guarantee that they will give us the mortgage offer after with then 😒

Solicitor is putting in the request for the environmental search today. Trying to find info on contaminated land in the area where the bungalow we want to buy is but it's proving difficult!! Solicitor also said that on the deeds they have there is a petroleum pipe running under the property so they need to query that and whether it's active or not!

My other half parents live just up the road from where we are buying on the same estate and apparently some of the houses there used to have oil heating years ago. There is also a petrol station nearby!

I just hope the environmental search is ok and virgin accept it and offer us a mortgage!

Prob another 2 or so weeks til I can find out now

harding1985

Good news!

Received the Nationwide text and email confirming offer is in the post!

Arina

harding1985 wrote: »

Good news!

Received the Nationwide text and email confirming offer is in the post!

Congrats!!

harding1985

Arina wrote: »

Congrats!!

It weren't easy but we got there in the end

Arina

harding1985 wrote: »

It weren't easy but we got there in the end

All worth it!

cadman79

DIP on August 4th in Branch
Offer Accepted on house 2nd Sept
Full Application on 8th Sept in Branch
Valuation booked by NW for 22nd Sept.

No problems yet!

Fingers crossed