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

kingstreet

WillyWonga wrote: »

Natwest instruct the valuation last after all the underwriting

Yes, but you can ask for the valuation to be instructed immediately "at your risk" as they put it.

anna42hmr

26.9.14 applied online for mortgage, booked call for next day to go through the rest of the application.
27.9.14 did mortgage application call, agreement in principle.
29.9.14 second viewing of property looking to buy.
30.9.14 offer accepted on property looking to purchase.
30.9.14 call to the bank to confirm offer accepted and to redo figures (as purchase price was slightly lower than the original figures.
30.9.14 agreed for bank to arrange valuation/survey (and paid for)
1.10.14 took proof of id into branch to be certified and sent to mortgage team.
2.10.14 valuers went into property.
7.10.14 email from bank as branch had not certified the ID properly
8.10.14 went to bank to rectify ID again and so they could send off to mortgage team
11.10.14 received copy of valuation/survey report in the post.

current position re mortgage- now waiting on bank to confirm all ok and send the mortgage offer in the post

In meantime sols have been instructed and checks started (environment, chancel checks etc)

asj

how to decode

nancmat

whats going on with this forum today, I can't read anything

jedimonkey

e4boyy wrote: »

Nationwide Mortgage, They are giving me real headache, they re requested 4 times more information from my accountant. Its over 6 weeks now since i submitted the application, Valuation done, Mortgage application accepted in principle all ok and clear i wonder why they would like to dig it more and more... Anyone in the same situation? I regret i chose Nationwide for the mortgage.

Timeline :

30/08/14 Applied online:
14//09/14 All the requested documents submitted.
17/09/14 - Nationwide re requested some documents.
20/09/14 Documents resubmitted.
23/09/14 Valuation done.
31/09/14 Documents passed the checks and forwarded for final checks.
08/10/14 Nationwide requested more information from my accountant.

Jeezo don't say that, I just ditched Accord for taking forever and the broker went with Nationwide.... :mad:

miss_sparkle

We are just going through the process of getting a mortgage on a new build using the help to buy equity loan

Our timeline is as follows

25/9/14. Accepted an offer on our house
27/9/14. Enquired about new build, given broker details
27/9/14 DIP approved with Nationwide via broker
28/9/14 Reserved new build
07/10/14. Broker collected all docs
08/10/14. Docs uploaded to nationwide, help to buy applied for
13/10/14. Received help to buy approval in the post

I'm not sure when the broker has actually applied for the full mortgage, they chased it up on Friday & NW were looking at our docs that day.

kingstreet

Has your valuation fee been debited?

Have you had a text/email to say;-

your product has been reserved
application submitted
valuation instructed
valuation booked?

If you haven't, chances are the application has not yet been submitted. Did your broker get a "refer" on the DIP, or accept?

If the former, they will upload docs until a "subjective accept" is forthcoming, then the full application can be submitted.

If the latter, the above would have happened unless the broker has not supplied your contact details to Nationwide.

laurieballard999

Kimlock wrote: »

Laurie, what happened with your deposit issue?

Just saw this.

The broker spoke directly to the underwriter, explained the situation and they agreed to drop the issue and make an offer.

They were as surprised as we were.

Looking to exchange this week or next!

mxgirl

Been lurking for a few days and thought I would join in!

Hi all

FTB, found a flat I absolutely love and am now in the 'I have no control over anything and can't stand it' phase. It seems there is absolutely no pattern that guesses how quickly this process will be so I will just cross my fingers and hope for a smooth ride!

04/10 - Viewed the property
06/10 - Placed offer, initially declined but half way point accepted.
08/10 - DIP accepted (initially referred due to 'gift' from grandparents) and Full application submitted the same day. Accepted.
09/10 - MA sends all documents to lender
10/10 - Solicitor arranged and paid up front search fee, surveyor booked in for next week.
13/10 - MA says lender is happy and waiting for valuation.

And thats the current outlook. I know my lender has an online mortgage tracking hub but I dont have the account number for my mortgage so can't look for myself. Don't want to pester the MA that much but I'm desperate to know if the valuation has been booked and if the lender is 'officially' happy or just ok in her eyes at the moment!

Good luck to everyone out there waiting for decisions.

I was genuinely excited this morning for it to be a week day so I could carry on chasing people!

Everything is crossed!

miss_sparkle

kingstreet wrote: »

Has your valuation fee been debited?

Have you had a text/email to say;-

your product has been reserved
application submitted
valuation instructed
valuation booked?

If you haven't, chances are the application has not yet been submitted. Did your broker get a "refer" on the DIP, or accept?

If the former, they will upload docs until a "subjective accept" is forthcoming, then the full application can be submitted.

If the latter, the above would have happened unless the broker has not supplied your contact details to Nationwide.

No, no valuation fee has been taken yet and we haven't heard anything from Nationwide.
The dip was accepted straight away, I'm sure the broker mentioned she could upload the docs before we got the help to buy approval, that has only come through today so maybe she has to wait for that before she can put in the full app, I'm not sure.

I did email her today and she just said she would continue to chase them up and let us know when there is any news!
They only deal with new build so I'm hoping they know what they are doing