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

missmoose

It's been a long time coming (OVER A MONTH) but we have had an official offer this afternoon!!!

Good luck getting yours everyone see you all on the next thread!

spendinglikemad

missmoose wrote: »

It's been a long time coming (OVER A MONTH) but we have had an official offer this afternoon!!!

Good luck getting yours everyone see you all on the next thread!

Congratulations !!!!

Royster82

It seems it's all move one step forward on a Monday for some....:T

Just got the email from natwest that my mortgage has moved to offer and the papers are in the post :j

My time line - Application via - Natwest

08/02/17 - AIP Done
08/02/17 - Viewed House
09/02/17 - Offer Accepted
13/02/17 - Full Application Submitted
14/02/17 - Valuation Booked - Fee's taken
16/02/17 - Valuation Done - Report given to Natwest
16/02/17 - Asked for more info - info submitted
17/02/17 - Assessing valuation report
20/02/17 - Mortgage Offer Received - papers in post

spendinglikemad

Royster82 wrote: »

It seems it's all move one step forward on a Monday for some....:T

Just got the email from natwest that my mortgage has moved to offer and the papers are in the post :j

My time line - Application via - Natwest

08/02/17 - AIP Done
08/02/17 - Viewed House
09/02/17 - Offer Accepted
13/02/17 - Full Application Submitted
14/02/17 - Valuation Booked - Fee's taken
16/02/17 - Valuation Done - Report given to Natwest
16/02/17 - Asked for more info - info submitted
17/02/17 - Assessing valuation report
20/02/17 - Mortgage Offer Received - papers in post

That sounds fabulous hoping we are in with a shot of getting offer this week (fingers and toes crossed) as we are a few days after you with more info requested today and valuation being done today

Great news though and certainly gives me hope!!

SLM

spendinglikemad

Summarising my timeline a bit better for easier reference:

08 Feb - Offer accepted
09 Feb - Solicitor instructed
10 Feb - MB meeting
13 Feb - Survey done (full survey - for our purposes)
15 Feb - MIP done
16 Feb - Mortgage applications made (Natwest and Halifax BTL) and valuation fees paid
20 Feb - Valuation of residential property
20 Feb - Request for more info from underwriters
22 Feb - Valuation of BTL property (to do)

SLM

clur84

clur84 wrote: »

our story so far we are buying a new build under our local council affordable housing scheme and have a 10% deposit this restricted us to only a handful of lenders.

Dec - Looked around a new build
7th Jan - DIP gained from broker (Halifax)
8th Jan- application submitted to the council
19th Jan - Application successful meeting criteria for affordable housing
21st Jan - reservation fee paid for new build plot
5th February - Full mortgage application submitted
6th Feb- fees taken
7th Feb - Recent wage slips and bank statement requested
10th Feb - requested letter from my employer
13th Feb - Email from broker to say everything was fine just waiting for the valuation.
15th Feb- received a copy of valuation from Halifax through the post - States the property is valued at the same price we are asking for.

From the broker saying everything is fine and us receiving the valuation would you hazard a guess that we are all good? This is the hardest longest wait of my life and I have been pregnant twice so know how to wait lol!

still waiting..............................

I emailed MB Friday to say we had got the valuation through the post and she asked for a copy. Surely Halifax should have sent them a copy as well as me? she said that we are just waiting on a mortgage offer to be issued which should have been today do you think this means we have passed everything? I am seriously going nuts with waiting never known anxiety like it lol

jessnat995

i would say so, just waiting for the offer now

ceminem

Update

28/01 Accepted offer on property
01/02 Reserved new build
02/02 AIP (Halifax)
14/02 Help to Buy application submitted by mortgage broker
17/02 Mortgage application submitted by mortgage broker
20/02 Help to Buy ATP received
20/02 Valuation fee taken
21/02 Employer reference requested
23/02 Valuation booked for buyers lender

I need the sale and purchase to go through smoothly as the developer wants to complete by the end of March, is this doable?

Nadyusha

Nadyusha wrote: »

We are waiting for the decision from Virgin Money.
Husband has excellent credit score, mine - is not so good. Nationwide gave us a DIP but reduced the sum after checking affordability (because of nursery payments). Virgin did almost all checks, including affordability and valuation. Our adviser told us that they are checking my work - I was self employed for few years earning almost nothing. Started to work full time this October. Salary was very small for first 3 months, but I have permanent contract from January with good payslip... It is so difficult to wait.
They should give an answer tomorrow or Monday.

Got an offer today! It was longest 2 weeks in our life.
Good luck everyone!

Sahmed660

Minor update - Survey has come back at the correct value

Just waiting on the lovely Nationwide underwriter to check my employment contract