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

deviruchi

deviruchi wrote: »

My partner & I had an offer accepted on a property last week and we went through the application with our broker a couple of days later - unexpected hiccup in that the lender wants to see SA302s for me for the last 3 years (I'm self employed), as it turns out my accountant's qualification doesn't meet their requirements to just go on the certificate.

I actually requested them the same day our offer was accepted just in case, as it was something our broker had mentioned, but I'm still waiting for them. We have the AIP but the lender won't process the full app until they have the SA302s. If they haven't arrived by next Mon I'll ring HMRC again and see if they will fax them. I've never been a home owner before so feeling quite anxious about the delay, but my partner seems unfazed - he has a flat which we've sold; both his buyer and our seller are cash buyers with no chains so hopefully there is less pressure than would be the norm. Really want the SA302s to arrive this week!

The SA302s have arrived. Fingers crossed the lender now has everything they need to proceed!

JSP440

28th of may - mortgage AIP in place
6th of June - offer made on a flat
20th of June - initial documents all received by Kensington requested a couple of extra documents.
25th of June - all documents received and they are looking to book the valuation for next week

Does any one know if Kensington make their mind up to lend before booking the valuation obviously depending on the results of the valuation?

So do you think the majority of the under writing, credit checking is done now?

Nervous is an understatement, just found out parter is pregnant. So the move now would be ideal:T:T

GoldenShadow

Ready to join, eek!

AIP 12/06
Put an offer in on 16/06, accepted same day
Instructed conveyancer and broker on 17/06
Mortgage app (Natwest) gone in close of play today, 26/06

Huge fingers crossed. Slightly complicated employment history but no bad credit etc.

Cacaos

Offer accepted on 17/06, full mortgage application done on 20/06 - passed with A2 credit score, 5% deposit under HelpToBuy. Valuation paid and done on 25/06. Now nervously waiting to hear back from Halifax wondering what will go wrong I am so scared.

Dird

I've not heard anything since Tuesday! (letter I had to sign to be emailed the homebuyers report when it's done)

pinknfluffy28

Mortgage offer from post office received Friday morning! Very happy!

There was a 2 week delay due to our vendors being a little slow in finding a slot for valuers to visit, but PO themselves were very efficient.

The text updates however, were a joke, we had 2 one to say they had received application, and the second (30 mins later) to say valuers had been instructed!

rode_tulpen

Both self employed, went through London & Country (big mistake) matched with Coventry. Sent SA302s at beginning of May,,6 months worth of bank statements for both of us done,, survey done and valuer valued house at 1k below mortgage. Gone back to Coventry and now waiting for who know what...apparently the underwriters could still pull the plug up to the moment of exchange, so very anxious at moment. Zero comms from L&C who were providing two weeks old info when we managed to speak to them last...will probably still be here twiddling our thumbs in a months time!

frogandcount

Finally been told mortgage is approved no retention now just need to negotiate with seller and sort contracts. EEK

Gorg

Okay, now I'm getting really nervous.

We put our offer in on a house on the 4th may, had it accepted same day, and put in our mortgage application on the following day to the Post Office via London and Country. The post office did their valuation survey in early May. We still haven't received a mortgage offer. Should I be worrying? Or is this fairly usual?

Dird

frogandcount wrote: »

Finally been told mortgage is approved no retention now just need to negotiate with seller and sort contracts. EEK

More negotiations or you just mean a move in date?
Lucky for you...mortgage approved Today, vendor has ticked the "Japanese Knotweed" box...solicitor hoping it was an accident