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

aishaonline

Lovem wrote: »

Funny enough we had the exact same thing today! we have been told ours has been underwritten they just need the ID again so hopefully it is all good!

Fingers crossed for you, and I that's all they need and then offers will be sent out.

I have aged in this last week stressing about getting approved, or declined.

Newbieforumer

Newbieforumer wrote: »

Hi

DIP 4/2 with broker Nationwide
Valuation booked 9/2
Mortgage agreed but at final checks on system
Waiting for offer to be released
Need it to go through before the weekend!

Damn it, still waiting, still at final checks, don't know how I'm going to make it through the weekend..........

hayleyjane82

Hi

We're eagerly awaiting an outcome! We reserved our new build two weeks ago tomorrow when we received a DIP via our broker.
Application went in 17/02
Surveyors phoned developers on 18/02 to book valuation
Experian credit report shows 5 credit checks by Halifax on 18/02
Valuation is on 24/02 (this Monday)

Keeping everything crossed we have good news next week! It's torture waiting!

PoorPonyMom

Hopefully going to be joining the waiting soon after a rather fraught experience so far. Went to Barclays with my partner to do first consultation and failed their checks. This turned out to be because Lloyds bank had not fully closed a loan account correctly. I had called them to pay it off in full in 2013 and they had only partially settled it. Account was defaulted on 2010 due to some financial issues. I thought it had been paid in full and was showing as satisfied in my credit file. Much delays and hair pulling whilst I paid the outstanding £382 and waited for a letter from them to say this has been done. This was submitted to Barclays on Thursday and is currently with the underwriters to review. Lady at Barclays thinks there will be no problems once they update the system and remove the 'lock'

We are booked to see them again on Wednesday and submit the full application. We have a joint income of £45k with another £11k in commission/bonuses. No debt. Partner has squeaky clean credit record, I have this one default from 2010. DMP completed in 2013.

Deposit of £117k, offer accepted on £300k property. Crossing everything.

scotty501

So blooming nervous. My OH and I applied for a mortgage with Santander for a first time buyer with help to buy. Pass the Santander checks, credit checks and AIB, feeling good.

Last night we see a house, and have offer accepted by vendor. Call bank and they arrnage for us to come in. I thought to " go ahead ". Alas after sometime, signing paperwork, leaving payslips, bank statements, it has gone to the "underwriters".

So my elation of finding a house, has now turned into nail biting. I have a few credit cards, no late payments since 2009 - tiny overdraft of £50 - but still feel really uneasy. Had PDL well over a year ago, a default which dropped off last year. So I guess we should be OK. Right?:huh:

Am I just worrying for no reason?!?

Kryptothesuperdog

im still waiting,

28th jan app
credit score - ok
initial underwritting - ok
valuation - ok
final underwriting - 19th jan.

The lady i spoke to yesterday says I should have decision on monday coming.

Its only a house why fret!

Newbieforumer

Kryptothesuperdog wrote: »

im still waiting,

28th jan app
credit score - ok
initial underwritting - ok
valuation - ok
final underwriting - 19th jan.

The lady i spoke to yesterday says I should have decision on monday coming.

Its only a house why fret!

Tell me about it! Mine has been in final checks for a week....
Who's your mortgage through?

Kryptothesuperdog

Newbieforumer wrote: »

Tell me about it! Mine has been in final checks for a week....
Who's your mortgage through?

its with RBS

Newbieforumer

Kryptothesuperdog wrote: »

its with RBS

Oh ok, mine is with nationwide.....good luck, hope it's soon. ��

oli_ro

oli_ro wrote: »

29/10/14 FMA
30/10/14 Text confirming survey scheduled on 03/11/14
03/11/14 Survey
05/11/14 Text telling me survey was ok
07/11/14 Extra information provided to NW re wife's employment
Back in the queue
10/11/14 Another documented requested and provided
Back in the queue
12/11/14 Yet another document requested and provided
Back in the queue
18/11/14 Employment questioned and more enquiries raised with the broker. (I am an IT Umbrella Contractor). I don't even know what possible can they require as I have given all the documents under the sun and according to their own criteria, the employment should be ok.
27/11/14 Mortgage offered. It would have been much harder(if not impossible) without the brokers.

09/02/15 Completed. Phew... Some delays due to lease extensions and asbestos certificate needed to be done, but got there in the end.
Good luck everyone !

If I have learned anything is:
- use a broker for anything but straightforward cases. You are buying immense amount of expertise and relationships.
- be persistent. It look me 100s of emails and phone calls over 6 weeks. I am glad I didn't give up.
- Oh, yeah ... in spite of all the negative reputation that EAs have I was lucky enough to have a helpful and honest EA that helped a lot with chasing the sellers solicitors. A true outlier