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

glimmerofhope

glimmerofhope wrote: »

Can I join you

Reservation on a shared ownership new build end of August
1/9 AIP Woolwich
9/9 meeting with broker
12/9 Full Application
Sit twiddling thumbs for next month whilst the valuation is arranged......comedy of errors seeing house is empty
12/10 Valuation

Now just a waiting game....broker to Chase tomorrow

14/10 7.45am....best wake up call mortgage offer has been issued.


Good luck to everyone else waiting

Monobrow

Fantastic news glimmer! We are hoping for some positive signs before the end of the week? Better keep checking in case they've taken valuation fee!!!

[Deleted User]

Had an email from my broker today- Precise have noticed that the NI number on my payslips is different to what I supplied to them, this was a typo made by my company (which we only noticed when going through all this paperwork to send off!) and luckily I have a letter from HR explaining their mistake, so sent that off to them this morning and hoping that's enough for them! Our broker says that Precise aren't fussy about credit check, but they are about paperwork so hoping this won't cause too many problems. Am also trying to find out if valuation has a date yet. So nerve wracking!!

[Deleted User]

Have found out from the agent that the valuation took place yesterday, so just waiting for the report now. I relayed my concerns to my broker about getting a decline, he said they won't decline unless there's a problem with the property as its just dotting the i's and crossing the t's at this stage. I know that Precise CAN decline at this stage so taking that with a pinch of salt but still hopeful!

Moosechan_2

Good Day Guys,

So heres the lowdown

Paperwork all in to M.A - 01/06/15
sent off to Precise around 22/06/15 as we had to wait for a new SA302 for BF
They came back and said they would offer us 75% and not 85% so we went away spoke to family and agreed we could do 75%, they then came back and said no to 75% and they would offer us 70% which at the time we couldnt find the additional 5% deposit.

We then applied to a company called Pepper home loans and they did all their checks in July and confirmed that we had an AIP for £90,000. We filled in the application and returned this on 3rd August, they then asked us for more and more information and the next months bank statement, payslips and so on which we provided.

Yesterday 13th October we finally got an answer after 2 months of waiting, we didn't get the mortgage, which has made us quite down-hearted!

I will point out my credit is crap but getting better everyday - my bf's is platinum compared to mine!

We are now revisiting Precise and their offer of 70% LTV but seriously how many mid-20yr olds have a deposit of £36k.....if it wasn't for his parents and my grandparents we would not be able to even proceed any further.

Fingers crossed for us as we are desperate....we are hoping to buy our rental house as we just love it!

Cheers

Aimee

[Deleted User]

Do you have adverse credit history Moosechan?

Connor73

Solicitor called today they have received our mortgage offer and sending papers out to sign....we not received offer yet...hopefully be in tommorrow post......the papers that need signing they won't be exchange of contract will it?

xxlauxx

Nationwide had booked valuation for Monday... Anyone used nationwide and know how long after valuation offer was sent?
Has already been to underwriters for affordability as I had been told it was approved.

Monobrow

Just checked equifax and found another credit search by RBS but our surname was wrong!!! Not just a typo completely wrong!!! How can they even search our credit file with such an error??? I have rung equifax and given them a piece of my mind! Surely
A very basic and fundamental part of the security of their database is the name needs to be correct before they give out our personal info:mad:
Onto the broker first thing tomorrow arghhhhh

[Deleted User]

Our broker just emailed to say we have got the mortgage offer!! He's going to email again tomorrow with the details. So lovely of him to let us know so late!

I am so relieved, I burst into tears when I got the email. A couple of years ago I couldn't even get an overdraft, after facing my mistakes and clearing up my credit report now I have a mortgage!!

So that's two weeks from full app to offer, which from what I hear is pretty speedy for Precise.

Good luck everyone else waiting!