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

pookied87

23/01/15 APPROACHED BROKER
29/01/15 FULL MORTGAGE APPLICATION..OFFER ON HOUSE ACCEPTED
04/02/15 SURVEY CARRIED OUT
09/02/15 NATWEST DECLINED OFFER:mad:
10/02/15 NEW APPLICATION WITH NBS

We are applying through a broker.
Been declined through NatWest now put in a new application with Newcastle building society.

Luckyinlife

18/1/15 Spoke to broker
19/1/15 went to view 4 houses got house 7.5k cheaper than the asking 95k at 88.5% needs modernising but solid just under 7% reduction in price :] 3 bed semi
21/1/15 Got DIP
Chucked documents back and forth for a week or 2
19/2/15 Got Offer :j:j:j

I have now payed for solicitors to do the searches ect and hopefully things move quick not in any rush but i just want to go round and strip the place :] :beer:

Iv got a diary here :]
https://forums.moneysavingexpert.com/discussion/5172796

Lovem

pookied87 wrote: »

23/01/15 APPROACHED BROKER
29/01/15 FULL MORTGAGE APPLICATION..OFFER ON HOUSE ACCEPTED
04/02/15 SURVEY CARRIED OUT
09/02/15 NATWEST DECLINED OFFER:mad:
10/02/15 NEW APPLICATION WITH NBS

We are applying through a broker.
Been declined through NatWest now put in a new application with Newcastle building society.

Sorry you got declined :mad:
Did they give you a AIP beforehand?

lxpeanut

starting the process now put in an offer on a property on Saturday and they accepted. Had an AIP with Nationwide but got a better offer when I went to broker and decided to go with that. Bit nervous of using the broker as she is the in house one for the estate agents. Going in again on Thursday to start the full application so doing as much research as possible before then.

MrDebtWarrior

Kevvlar wrote: »

Overjoyed!!! Continuing from the above,

10/2 - Full application submitted to Nationwide
13/2 - Application was with the UWs
16/2 - Valuation booked for 19/2
19/2 - Valuation took place
20/2 6:50am - Text advising the valuation report had been received
20/2 6:51am - Text advising we had a formal mortgage offer!!

All in about 7.5 working days!

Can't fault NW at all! From the 10th till now has been a nightmare though, sitting waiting to hear! So relieved and can't believe I will now be on the property ladder! :j:beer:

23/2 - Offer received in writing - phew!

Now it's down to my Solicitor to sort out the paperwork and we are good to go!:D

Lovem

19/1/2015 - 1st Viewing.
2/2/2015 - 2nd Viewing.
6/2/2015 - AIP (first offer)
9/2/2015 - Offer Accepted. (3d and final offer)
13/2/2015 - Full Application done.
16/2/2015 - Broker sent pack.
18/2/2015 - All scanned.
20/2/2015 - sent to senior underwriter.
20/2/2015 - need new ID scans done same day.
24/02/15 - case has been underwritten and the homebuyers/valuation instructed today
03/03/15 Valuation has just been done.
05/03/2015 We got a mortgage offer just waiting on the post now to find out how much

aishaonline

aishaonline wrote: »

They haven't asked for any additional documents. I actually preempted them and took a whole load of things they might possibly ask for, which are all with my broker. Managed to speak with him this afternoon and he says he's got no word from them. Doesn't even know if valuations has been instructed yet. He says he thinks the application is with the underwriters and that's all I got. If I don't hear anything back by Monday, I may start chasing Halifax myself.

Another day, less hair on my head and no more finger nails to bite....

Got an email today's asking that we send in my partners SA302’S for the last 3 years, even though we had been told when putting in a full application that we wouldn't need them seeing as he is a contractor (CIS4) who pays tax through the company he gets all his work through. Just 6months payslips from his "empkoyers"... We phoned the tax office and we were told it could take 7-10days to get them through the post. They have agreed to fax them through to our brokers and send them in the post as well. Knowing my luck the lender will probably insist on originals. Something tells me we won't know or hear anything this week either.. :mad:

littlelost

I am currently so deflated, upset and just generally peed off!!


5th Feb - DIP nationwide received for 155k
6th Feb - lost out on property due to a higher offer
16th Feb - Offer accepted on new property
17th Feb - Full mortgage application completed for 174k
18th Feb - Survey completed
20th Feb - Additional wage slip requested and sent same day
23rd Feb - Call from the estate agent to advise we have been gazumped!!!


I have spent a total of £800 since the full application stage on surveys, mortgage application fees and a payment on account with the solicitors..


Just want to cry!!

Lovem

littlelost wrote: »

I am currently so deflated, upset and just generally peed off!!


5th Feb - DIP nationwide received for 155k
6th Feb - lost out on property due to a higher offer
16th Feb - Offer accepted on new property
17th Feb - Full mortgage application completed for 174k
18th Feb - Survey completed
20th Feb - Additional wage slip requested and sent same day
23rd Feb - Call from the estate agent to advise we have been gazumped!!!


I have spent a total of £800 since the full application stage on surveys, mortgage application fees and a payment on account with the solicitors..


Just want to cry!!

Just greed! I really do perfer the scottish system for house buying.

oli_ro

littlelost wrote: »

I am currently so deflated, upset and just generally peed off!!


5th Feb - DIP nationwide received for 155k
6th Feb - lost out on property due to a higher offer
16th Feb - Offer accepted on new property
17th Feb - Full mortgage application completed for 174k
18th Feb - Survey completed
20th Feb - Additional wage slip requested and sent same day
23rd Feb - Call from the estate agent to advise we have been gazumped!!!


I have spent a total of £800 since the full application stage on surveys, mortgage application fees and a payment on account with the solicitors..


Just want to cry!!

This sucks. To have you go through the stressful mortgage application process while they were still taking offers is not ethical at all. (I know, I know, someone is going to say that all is fair in war, love and property, but still, this is very poor from the seller). Just bad karma.
Did you requested the property to be taken off the market as a condition of the offer ?