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

nataliekatemese123

I am back!

So after Natwest rejected our application, we appointed a broker. He found us a deal with halifax and confirmed 'they are happy to give you a mortgage' after credit scoring, but needed 10% deposit rather than the 5% we had. I guess this is due to my default.

After being very stressed for a week, and almost giving up, we have very luckily had some help from family to help us meet the 10%. Broker said last night he will push the paperwork through today and should get the valuation booked in this week.

It's been quite a long process so far (4 weeks) - should I be worried that the people we are buying from will get annoyed?

Bonfire_Bride

nataliekatemese123 wrote: »

I am back!

So after Natwest rejected our application, we appointed a broker. He found us a deal with halifax and confirmed 'they are happy to give you a mortgage' after credit scoring, but needed 10% deposit rather than the 5% we had. I guess this is due to my default.

After being very stressed for a week, and almost giving up, we have very luckily had some help from family to help us meet the 10%. Broker said last night he will push the paperwork through today and should get the valuation booked in this week.

It's been quite a long process so far (4 weeks) - should I be worried that the people we are buying from will get annoyed?

I wouldn't be too concerned if we were the sellers. Our buyers have not had a survey done on our property yet (chased yesterday) and its been 4 weeks today since we accepted the offer.


I guess it depends who they are going with. Natwest have been exceptionally fast in getting to the valuation.

nataliekatemese123

Ha...are we buying your house! Ok that's made me feel a little better. I am just very impatient, although I know these things all take time.

Our broker gets in to the office at 11.30am so I shall sit and refresh my emails then. This first time buying thing is a real rollercoaster of emotions!

Mexas

May as well start my own for Santander (direct app done online).

6th Sept: Offer accepted
7th Sept: AIP received / Application information sent & received

Bonfire_Bride

nataliekatemese123 wrote: »

Ha...are we buying your house! Ok that's made me feel a little better. I am just very impatient, although I know these things all take time.

Our broker gets in to the office at 11.30am so I shall sit and refresh my emails then. This first time buying thing is a real rollercoaster of emotions!

Good Luck! I'm sure it will all be okay. I find the lack of control over everything quite difficult to deal with but I have suprised myself up to now (althought that may quickly change)


It will be soooo worth it to spend Christmas in our new home. Eeek....

Bonfire_Bride

Bonfire_Bride wrote: »

I wouldn't be too concerned if we were the sellers. Our buyers have not had a survey done on our property yet (chased yesterday) and its been 4 weeks today since we accepted the offer.


I guess it depends who they are going with. Natwest have been exceptionally fast in getting to the valuation.

Just had a call from the buyers mortgage company - valuation booked in for tomorrow at 8am.


Now Ive sat back down at my desk, I realise that hubby is nights and will be in bed. Great! Will call them back to rearrange, but its further progress.

Levs01

Our buyers home buyers report is back

Loft lining torn a little, may cause damp
Couldn't find an internal stop !!!! (didn't look very hard apparently)
No elec certificate -despite my leaving it on the side and saying to him here is the elec cert
No gas cert - left BG cert to say boiler serviced and full checks all perfect
Couldn't check drains
Waste water was using a mix of pvc and non pvc piping.

All very minor but the buyers were viciously wants to check. I'd be well peeved if I was him as half this stuff was there.

nataliekatemese123

Just got a text from the broker saying the valuation is booked in for 14th September - that's a positive sign right?!

Mexas

Mexas wrote: »

May as well start my own for Santander (direct app done online).

6th Sept: Offer accepted
7th Sept: AIP received / Application information sent & received

Small Update

6th Sept: Offer accepted
7th Sept: AIP received / Application information sent & received
8th Sept: Received call requesting further info about property purchase and my employers details. I'm sure all this was on the application form but hey ho...

Bonfire_Bride

nataliekatemese123 wrote: »

Just got a text from the broker saying the valuation is booked in for 14th September - that's a positive sign right?!

Okay...this is weird. Are you buying our house


The valuation on our house is 14th We had an earlier convo about timescales too. Haha!

Definitely a good sign :T