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

FTBnewbie2013

Currently applied for FTB mort with Nationwide,
26-11-13 Offer accepted
27-11-13 Decision in Principle and mort application done over phone
29-11-13 Instructed Solicitor
01-12-13 supporting documents sent via branch fax
04-12-13 Further documents requested and employer ref as my wage slip shows 2 gross salaries, and they need to get confirmation, even though I'm working in the same place just two roles!
05-12-13 Valuation and homebuyer survey completed
06-12-13 Further documents requested - big problem here as they need my final tax credit award notice which I never received after 6 months!!! Frantic phone call to HMRC to ask why they never sent it - apparently all computer generated so they done know why it;s not sent but will try to hurry it along- but could take weeks!!! Informed nationwide of this but will send ASAP when i get it.
06-12-13 Received copy of Homebuyers report via email.
07-12-13 Tried to log on to the nationwide tracking service but can't as it now says there are no active applications linked to my email address !!!!!!!!! :mad: So phone mort centre they said they can still see the application and maybe they are making an offer or there is a computer error not allowing me to view it- but viewed it fine until then!!! But could phone new business team to check on progress but have to wait til monday!!
08-12-13 Tried to look at application progress today and now it says they cant retrieve anything and to try again, but still wont let me view!!

have they declined me and not told me am getting worried now - have paid out for booking fee and valuation and survey.

Haven't sent off solicitors forms and deposit yet as am scared to loose that if they have or will decline me.

Am going to email solicitor and say have only just received their T&C and am looking to come by on Friday with form and ID and deposit then!!

Anyone else with Nationwide having problems logging in to retrieve their app?? Or is it just me :eek:

DepositSaver

My timeline so far:
21/11 - 1st viewing
22/11 - 2nd viewing, in daylight
22/11 - offer made and accepted
28/11 - full mortgage app submitted to NatWest via broker (I had a DIP with Nationwide for a 2 year fix, but decided I wanted a 5 year fix so took a few days to decide on one)
3/12 - Natwest wanted proof of my post-retirement income as mortgage term ends when I'm 67. Broker pointed out to them that my official state retirement age is in fact 67 not 65.
6/12 - ISA statement (where my deposit currently is) sent to Natwest as online printout didn't show name of account, only number

Have taken my ID to my solicitor and paid £250 to them on account.

I'm not entirely sure what happens if I get a mortgage offer - I assume I need to contact solicitor and estate agent and tell them? Although they and my broker all have each other's details, so not sure if I am supposed to let them communicate between themselves and I only get involved to chase things???

FTBnewbie2013

arobinson wrote: »

23/11/2013 - 1st/2nd viewing
24/11/2013 - Offer made and verbally accepted
26/11/2013 - Offer accepted in writing
30/11/2013 - DIP approval with Nationwide and full application made
02/12/2013 - Solicitor instructed and forms returned
02/12/2013 - Nationwide requested proof of deposit

Valuation/HBR has been booked for 19/12/2013, just got to hope it comes back to what we offered!

Arobinson - I had my valuation done by countrywide surveyors. If they have your email address they send you the T&C online which you fill in and send back, by confirming your email it also means they can email you the report after, I had mine with 24hrs of they doing it!! I can now log in to nationwide but still says there is no active applications!! :mad:
Am very worried that they have to cancelled/decline my application

brettcta

brettcta wrote: »

we complete next friday and i'm still super nervous it's gonna fall on its !!!! and i don't know why

we is in.

gloriously happy to have my first hoos. it's a shock to the system though as my fiance wakes up at 6am - a good 2 hours before my usual alarm call.

GBNI

Completed and got my keys on Friday Spent my first night there last night! Few teething issues with the dog crying...seems she is afraid of the dark when she isn't sharing a bed with me

Toadeh

Bored of waiting for mine now

Mortgage offer was on the 26/11/13, everything is ready to exchange (valued, searched, signed), just the lender wants to debate on the road not being adopted yet. Developer hasn't finished the indemnity on it or completed the forms with the council yet.

Sounds like this isn't going to happen

lee-h

I'm a FTB and put in for a decision in principle 4-5 weeks ago, this came back fine and we progressed with the formal application. The application went fine albeit going back and to with paperwork but everything was approved subject to valuation - valuation took place last Monday via Colleys and they valued the house at exactly the price we offered £208,750 (under the list price).

Halifax came back and said we needed to complete a new CML form without the stamp duty incentive on it due to the valuation...I found that odd as nothing is mentioned against this in the report and we've offered under the list price.

Anyway we got a new CML form and sent that over to them by email and fax (they keep losing paperwork!) and called them last night for them to tell me - our system say we can only lend you 65% LTV instead of the 75% agreed originally and approved in the offer. I was shocked by this so got onto my broker - he said the guy had old information on the system and that 75% should be fine as they only needed the new CML without the stamp duty listed to make me my offer. Just a waiting game now, so stressful!

kingstreet

£208,750 purchase price?

Mortgage amount £156,560?

Newbuild? Help To Buy - Equity Loan?

Incentives can be allowed but must not, when added to the mortgage amount, take the total to more than 95% of the 80% share.

95% of 80% is £158,650 and your mortgage is £156,560 so the maximum incentive allowed would be £2,090. The stamp duty would be less than that, £2,087.50, so the case should not have to be altered, unless there's another cash incentive.

Legal fees? Broker fee?

lee-h

Hi, it's help to buy and you are spot on with the mortgage amount. There are no other incentives declared so found that odd - we are paying legal fees ourselves. It might be that I am an IT contractor but who knows! I'm happy so long as it all goes through fine - It's just crazy how you speak to different people and get different answers - thanks for the feedback

lee-h

My application is now with the underwriters, apparently this is to rubber stamp the application but it makes me feel like it's going to be declined - is this a standard practice?