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

KolaKubsim

Cheers STG. The underwriters haven't actually asked for anything more from us so far. I don't understand what takes so long

Like you say, I just want to know either way!

scotty501

snudge01 wrote: »

Thanks for the reply. Thought it strange in this day and age that email would be better but hey ho.

It is because an email can be intercepted, tampered and sent on, where a fax is direct point to point..so cannot be changed once sent.

So I am told.....

SavingWolf

SavingWolf wrote: »

After pulling out of a previous purchase due to problems with the road that the solicitor advised against we have now started the process on another property that we really like.

Timeline so far

6/2 1st Viewing
7/2 2nd Viewing (we liked it that much and have looked at around 20 houses in total!)
12/2 offer accepted
16/2 AIP (already have an existing offer from previous purchase attempt but have found a better deal so applying for this)
24/2 Application submitted with all requested documents

Update to above

10/3 Mortgage offered (documents in post)

Still awaiting fixtures and fittings and property information from sellers yet they are chasing for a completion date!

lxpeanut

lxpeanut wrote: »

My timeline so far
4/2 1st Viewing
20/2 2nd viewing
21/2 offer accepted
21/2 AIP (I already had one but this mortgage was cheaper)
25/2 full application submitted
26/2 application fee and top up for homebuyers report taken
2/3 request for more info about current address and wanted to know landlords details (good job I've already talked to them)
4/3 another request for some more information (on some transactions on my bank statement) and the news that the survey is booked for Friday
6/3 Surveyor just got back to me and the valuation was good. Had the Homebuyers report as well and apart from an issue with damp and the roof in the utility room it looks like its all good.

11/3 Mortgage broker phoned to say my mortgage had been accepted going in tomorrow to get the paperwork

KolaKubsim

Spoke to mortgage advisor yesterday who said underwriters are waiting on some extra info on student loan payments. Sent that off to him so now another 48 hour wait

PoorPonyMom

Ours came in the post yesterday hooray!!!

Good luck to everyone still waiting

cleol56

Update on the above time line for me, with some additional details:

11/01/2015 - DIP with Aldermore through MA
24/01/2015 - Viewed house but thought it was too expensive
29/01/2015 - Price lowered to within budget
02/02/2015 - Offer made and accepted same day
Skip forward 4 weeks waiting for vendor to find a new home.....
02/03/2015 - Chain is complete
03/03/2015 - Put in full mortgage application
05/03/2015 - Valutation took place
11/03/2015 - Valuation report back and all ok

Now we have been told it is a 48 hour turn around so tomorrow is D Day! This weekend is going to truly SUCK if its a no.......think positive thoughts, think positive thoughts!

omarftb

Full application with rbs 3 weeks ago valuation took place a week ago.
Apparently mortgage broker has said that offer was being drawn up and will be sent out and we should receive by friday or monday latest. Nothing in writing at the moment so still abit unsure.

STG_2015

KolaKubsim wrote: »

Spoke to mortgage advisor yesterday who said underwriters are waiting on some extra info on student loan payments. Sent that off to him so now another 48 hour wait

They were a nightmare with my student loan too, they were taking it off my take home salary even though it comes out of my salary

Komorebi

Joining the thread for any future people looking for Woolwich timescales.

12/3/15 - Application submitted

Not exactly far along yet! I've been given an estimate by the Woolwich mortgage advisor that the valuation should take place on the 30th March which is a bit far away for my comfort! The advisor says that the underwriting all takes place before valuation, and then once the valuers (Countrywide) are instructed, they have 48 hours to contact the EA and arrange a time. I'm hoping this was a very conservative estimate, but only time will tell.