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

superfast808

superfast808 wrote: »

01/07 - Application Agreed By Underwriter. Valuation instructed.

Valuation booked for Friday 3/7/15

rockvilla4

Initial mortgage offer essentially refused as lender (Scottish Building Society) changed their minds from the 10% deposit on AIP to 20%. No way of raising that money. New offer into Leeds BS (god help me). Very nervous and worried I'll get hit with all sorts of fees for nothing

charlamine

Heard today, mortgage offer is in the post. Couldn't be happier, not particularly straightforward application, but went through broker, application through Woolwich app submittel to offer done in 9 days. Woolwich kept us updated every step of the way,

On holiday at the moment so celebrating with some Pimms tonight!!

Shashika20

It is getting rather stupid. We have had nearly 3 weeks worth of sleepless night. Lender has been asking documents some of them they already have. (passport copy) the lender has raised a issue around my maiden name and married name. Really dont know what has been happening. They are taking forever to check my documents. Everyday waiting for the decision but only we have been gettibg so far either nothing or asking more documents.

titch85

22/05 - Original mortgage offer with Aldermore ran out
23/05 - New offer accepted (£2k less than original)
26/05 - Broker called Aldermore to see if we could extend the offer. Said yes but need to move quickly.
27/05 - Sent over latest payslip.
28/05 - Paperwork received and offer being worked on. Should hear by 1/6!
1/6 - Aldermore have offered extension but won't lend as much as before. Broker had a look at NatWest and they will offer more at a better rate. AIP done and approved. Mortgage application completed and sent off today. Should hear in a week if it's been approved.
8/6 - NatWest have requested more documentation which was sent off today. Back into the backlog queue!
15/06 - Mortgage approved subject to valuation being okay! So happy!
25/06 - Valuation done
01/07 - Valuation came back okay. Has been sent back to the underwriters though as the property is above a shop. Broker has already told NatWest before submitting app so not expecting any problems. Still a bit nervous though!

titch85

22/05 - Original mortgage offer with Aldermore ran out
23/05 - New offer accepted (£2k less than original)
26/05 - Broker called Aldermore to see if we could extend the offer. Said yes but need to move quickly.
27/05 - Sent over latest payslip.
28/05 - Paperwork received and offer being worked on. Should hear by 1/6!
1/6 - Aldermore have offered extension but won't lend as much as before. Broker had a look at NatWest and they will offer more at a better rate. AIP done and approved. Mortgage application completed and sent off today. Should hear in a week if it's been approved.
8/6 - NatWest have requested more documentation which was sent off today. Back into the backlog queue!
15/06 - Mortgage approved subject to valuation being okay! So happy!
25/06 - Valuation done
01/07 - Valuation came back okay. Has been sent back to the underwriters though as the property is above a shop. Broker has already told NatWest before submitting app so not expecting any problems. Still a bit nervous though!
02/07 - Lovely surprise when I got home from work. Mortgage offer has come through the post! So happy and excited!

exotictramp

Hi All,

first time buyers here going through HTB 5% and 20% government equity loan

I've literally been through all 184 pages of this thread since applying, cant stop thinking about this application !! nervous they will decline us out of nowhere for whatever reason... as seems to be the case with some applications
I started back at my old job (worked there for 5.5 years, left to go to university and now back full time with them) but have only been working since 1st June. Hoping this isnt going to be an issue. Broker explained my circumstances to NW over the phone.
credit checked myself using creditfile and saw I wasnt on the electoral role even though I voted in May and panicked, but broker says we passed the DIP so it shouldnt be a problem.....

OH working as an engineer for 4 years on 23k, my job 15.2k asking for 145k loan (192k property 40 odd equity loan).

both of us have saved for our deposit of almost 10k and have plenty of money showing in our joint account for all other fees including stamp duty solicitors fees etc.
Neither of us have ever had any debts, defaults or CCJ apart from my student loan which i dont pay back because I dont earn enough.

13/6 reserve new build plot
19/6 decision in principle made after all docs sent to broker
19/6 full application completed over the phone with broker
19/6 application for help to buy sent off
19/6 text from nationwide to confirm application received
23/6 help to buy authority to proceed
23/6 NW want OH 4 months bank statements in different format
24/6 NW say full month not on bank statements (our fault) scan full statements to broker
24/6 valuation text for 29th June sent
25/6 they query my employment contract isnt signed by me (sign electronically and post back)
--- heard nothing for 5 days

---

30/6 text from new build department to say valuation was carried out
30/6 broker phones to say our application quite high up and should be dealt with soon; sends us quotes for income protection, life insurance buildings contents.
02/7 broker emails to say valuation was accepted and NW signing off documents and hope to offer tomorrow

still no valuation received text from natonwide even though broker says they receieved it and its fine.. is this normal? if they hope to offer tomorrow does this usually go ahead fine and dandy? i dont want to get my hopes up too high...:huh:

sworks16

Our timeline as i've found this thread so useful

06/06 - Reserved new build plot
14/06 - Submitted help to buy property information form
16/06 - Received help to buy authority to proceed
17/06 - Agreement in principle with Nationwide
17/06 - Full mortgage application submitted
17/06 - Nationwide received application text
18/06 - Appointed solicitor
19/06 - Solicitors began searches
19/06 - Valuation booked for 25/06 text
25/06 - Valuation carried out
25/06 - Valuation report received text
29/06 - Requested further bank statements missing 4 days after providing 6 months statements due to statement timing
01/07 - Need clarification on petrol costs of travel to work
01/07 - Broker put explanations to Nationwide
02/07 - Chase nationwide who emails underwriter to say information is now ready to review
02/07 - Mortgage offer text received and electronic copy sent to broker.

Were due to exchange on 14th July so hopefully now everything is in place, can't wait, house roof and staircase went in this week so nice to see the house been built :j

Tartanspecial

Joined here just to post this so.... Hello!


FTB having spent the past month and a half with mortgage insomnia lol.

All rushed due to help to buy deadline ending just days after we raised the money for our deposit and fees.
All done through broker.

Help to buy applied for 22/05
Nationwide AIP received 25/05
HTB authority to proceed 17/06
Nationwide application text 24/06
House reserved (new build) 24/06
Nationwide text, Valuation booked for 29/06
Supporting documents sent 29/06
After hassling both Broker and housing company I received both valuation receipt and review texts 03/07
Mortgage offered! 08/07

superfast808

superfast808 wrote: »

Valuation booked for Friday 3/7/15

Valuation complete, Mortgage offered. Over the moon with this!