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

Lemonade_lifestyle_2

Well done scampi!!!! Your mortgage application was sent in the same week as mine so you have reignited my hope that we could still get an offer confirmation this week. Fingers crossed that all additional information has now been requested.
Good luck to everyone else waiting !!

Mizenberg

Good luck to everybody who is waiting. Luckily we are past this point now, and in are in the dreaded "waiting for exchange" thread now... :rotfl:

VictoriaOz

Hi all,
Im so angry.... Just spoke with my solicitors, they still nor received copy of my mortgage offer,from my MA ... His got last monday... Rrrrrr

pennyprincess

Foxholes hope they sort this today for you !

For the rest of you goodbye!! I have my offer in the post today
Hi all quick update ACCORD MORTGAGE
270 k house with 85% LTV ..no chain.
AIP rcvd 8.02.16
View Prop 11.02.16
Reserved (New Build) 14.02.16
Solicitors Instructed 16.02.16
Mortgage app submitted 18.02.16
Paid for valuation and arrangement 19.02.16
Instructions and Info to Solicitors 19.02.16
Searches back 29.02.16
Valuation 29.02.16
requested more docs Payslips and statement including Jan Pay ( Husband gets paid 4 weekly) sent 29.02.16
Latest bank statement sent 01.03.16
Queried pay with company 14.03.16
Informed mortgage offer sent within 24 hours 22.03.16
offer recvd 23.03.16

I will post a separate thread about why i thought this woudl not come off and was so nervous !

Lemonade_lifestyle_2

9:30am spoke to broker and they advised they have not heard anything from Halifax will keep us informed.
Just went out to front door and collected post from mat and on it was laying our mortgage offer!!!!!! Woo hooooooo!!!!!!

Here is our updated timeline!!!

29/2 - offer accepted on property.
2/3 - dip approved with Halifax, full application started. 53% LTV.
4/3 - valuation instructed.
7/3 - house showed on right move as under offer. (EA Wouldn't change status or stop marketing property as for sale until survey had been instructed)
10/3 - valuation/survey done.
12/3 received valuation confirmation in post. Halifax valued at the price we have offered. Phew!
14/3 - into hospital and had a baby !!!! nothing like having everything happening at once!!
16/3- Halifax asked for husbands tax overview for 2015-2016 to be submitted. (Had already sent a tax computation
17/3 - tax overview received from accountant and submitted to MA.
18/3 - tax overview had husbands middle name and his passport does not !?! So had to submit copy of his driving licence. Halifax amended application to include husbands middle name.
21/3- MA advise that Halifax are ready to make an offer but need some more papers from my husband. A p60 from when he was last employed (3 years ago - he's now self employed) and a letter emailed from his accountant stating what he expects him to earn this tax year. P60 sent same day and letter from accountant being sent on 22/3.
22/3 MA advise Halifax need confirmation that husband was PAYE in previous company, what his job role was and was it same line of work as he is in now.
23/3- mortgage offer letter arrived in post. Woo hooooo

Solicitor instructed to start searches and now the wait to exchange begins!!!!!

So relieved!



Good luck to everyone waiting!!

f0xh0les

I have an offer!!!!! A real one on paper sent through the post!

But it is for a completely different amount to what we asked for, or were expecting.

So, rather than the £200 reduction that we were expecting from the £120k we applied for, for some reason unknown to us or the MA, we have been offered £118,685.00.

And the 1.94% rate is for 23 months rather than the 27 months the MA told us.

At this point all I can say is 'sod it, fine, ok just give me the sodding mortgage, I no longer have the will to ask you to explain your figures' and I worked out we can afford it after all sols and stamp duty fees, and it will save us having to pay back £2,393.

The valuation sheet that came with the offer has also mysteriously 'lost' one of the bathrooms, and one of the w.c's. Not certain he actually got out of his car or went into the house at all.

So off to the solicitors tomorrow morning to sign everything and transfer the deposit.

So to completely misquote:

The MA drew back and he started to shake, "I'm sorry" he spluttered, "I made a mistake, it's nice to have met you but now I must fly, and he spread out his wings and was off through the sky"

I bet remortgaging in 23 months is going to be a breeze after this nonsense.

Good luck all you lovely people, I will keep an eye out on the MFW boards for your diaries.

Not going to make exchange and completion for 29th, but solicitor feels confident it will be 30th or 31st (I have told her I will not complete on 1st April)

Lemonade_lifestyle_2

So this morning I received a mortgage offer in the post from Halifax!!! Woo hoo I hear you cry.
Rang the broker to advise we had offer in post only to be told.... Oh no that's been raised in error. Sorry. Halifax did mail us to say your offer was issued but then they rang saying they had done that in error and they are still waiting papers.

Seems the accountant decided to post the letter confirming my husbands salary and not email it like he was asked to.
So I have gone from a high and wanting to crack open the prosecco at 11:30am to a down in the doldrums still waiting for a decision at 14:30!

*sigh*

rhett

Congratulations to all have had offers arrive! Especially you Foxholes! I can completely understand why you just don't want to question their last act of madness!

:j

Sorry to hear about Halifax's mixup Lemonade! From reading these threads you're definitely not the first that this kind of thing has happened to. It must feel absolutely gutting. Fingers crossed for you that it gets sorted soon.

Personally - I have had a knot in the pit of my stomach since lunchtime, as my husband and I handed in our notice to our letting agent despite not having any confirmation of a mortgage offer yet. We haven't even had the valuation done! AAAAAHHH!

Our lease renews every two months on the 24th and also stipulates two months' notice if we want to leave. As our settlement (completion) day is supposed to be in May, today is the last day we can give notice if we don't want our tenancy rolling over to July. We REALLY don't want to be paying both rent AND mortgage payments for two months if we get a mortgage offer from Nationwide.

HOWEVER, equally, if we are declined for a mortgage from Nationwide, we will have to leave our rented flat at the end of May with nowhere to go to . . .

:eek::eek::eek::eek:

katty10

Hi all,

Just thought, in case people wanted to know timescales, we applied with Nationwide:

12/02 - DIP
18/02 - New build site walk
21/02 - Reservation New Build
25/02 - HtB Authority to proceed
26/02 - Full Application to Nationwide
02/03 - Valuation takes place
07/03 - Told app had been picked up for random audit
Requested more paperwork from husbands accountants
21/03 - chased by broker - was waiting on more paperwork which they already had.
21/03 - Full offer in writing received via email (just waiting on paper copy of this).

Hope the above helps some people - although looking back it doesn't seem that long, it felt like an age and I couldn't keep my mind on anything else.

Good luck to all those waiting.

amyloofoo

Congratulations on the offers :j:beer::T

rhett wrote: »

Personally - I have had a knot in the pit of my stomach since lunchtime, as my husband and I handed in our notice to our letting agent despite not having any confirmation of a mortgage offer yet. We haven't even had the valuation done! AAAAAHHH!

Our lease renews every two months on the 24th and also stipulates two months' notice if we want to leave. As our settlement (completion) day is supposed to be in May, today is the last day we can give notice if we don't want our tenancy rolling over to July. We REALLY don't want to be paying both rent AND mortgage payments for two months if we get a mortgage offer from Nationwide.

HOWEVER, equally, if we are declined for a mortgage from Nationwide, we will have to leave our rented flat at the end of May with nowhere to go to . . .

:eek::eek::eek::eek:

:eek::eek::eek::eek: Goodness me you're brave! Completely understand the motivation but it must be so scary too. Hope all goes to plan for you - apparently average time from application to offer is 10 days with Nationwide currently. Do you have a family member or friend you can stay with in the short term if you need to?