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

ssmallbird

My MA sent me an offer from Natwest yesterday, I'm so relieved!!! My husband has a default from Lowell/ Vodaphone (less than £100 and partial satisfied at the date of application).

Timeline:
3/3: Offer accepted
9/3: Full application
13/3: Valuation
21/3: Mortgage offer

Good luck to everyone still waiting.

Rosy_Apple

We now have a mortgage offer subject to valuation

Timeline:
10th March - DIP given and full application submitted through broker
13th March - Questions to broker around bank statements
15th March - Email stating that it is now with underwriters and we will have an answer within two working days
17th March - HSBC request to be resent certain bank statements
19th March - HSBC request same statements again
22nd March - Mortgage approved subject to valuation, booking fee paid. Valuation company contact EA (although bizarrely not us yet, to get payment) and book valuation for Friday (24th)

Good luck to everyone else.

BoBaggins

We got our mortgage offer...timeline as follows

8th March - AIP with Halifax
9th March - Full application and valuation fees taken
17th March - Valuation
20th March - Mortgage offer (£1 short though)

Suits2017

That's great how quick the valuation has come through for you.. sounds promising. Did they request any docs from you? If they did and you've sent them, that means they're happy with what you've provided (according to my broker they'll check these before survey) Survey is the last thing they check before proceedig on to offer. Ive not heard anything today..Hopefully in the next few days!!

kingstreet

BoBaggins wrote: »

20th March - Mortgage offer (£1 short though)

Halifax always works to the nearest £5 so if you applied for something ending in a £1 or a £6 it would be taken down to the nearest £0 or £5.

BoBaggins

kingstreet wrote: »

Halifax always works to the nearest £5 so if you applied for something ending in a £1 or a £6 it would be taken down to the nearest £0 or £5.

Thank you for the clarification, our mortgage amount ends in a 6 :T

Amfreya2

Hi Rosey

Where the questions spending related?

We have a full application being processed currently and has we are getting married in a few months I am concerned they'll think I have a far bigger shopping habit than I actually do ��

Rosy_Apple

Amfreya2 wrote: »

Hi Rosey

Where the questions spending related?

We have a full application being processed currently and has we are getting married in a few months I am concerned they'll think I have a far bigger shopping habit than I actually do ��

Hello,

No, they were related to payments we had coming in and out. Some were from my husband's company account which they didn't have the statements for and others were outgoing to an ISA that they did have statements for.

They didn't ask any questions related to general spending.

Hope that helps.
RA

Amfreya2

Ok thankyou that's great!

I shall continue to wait, jumping at every email! X

oliviasmummy

A few years ago we got into a situation where we were almost bankrupt. We arrange a DMP with our creditors and paid this for over 5 years. I was then diagnosed with cancer and we were paid out my life insurance which we used to pay off all of our debt, plus a loan attached to our nothern rock mortgage. We paid £10,000 off our mortgage, did some House renovations and purchased a new car, the rest we used the rest to cover me being off work for almost a year.

We are now 2 years down the line. Everything has gone from our credit file for over a year now and we're slowly building our credit ratings back up. In a strange way my diagnoses was a blessing for our finances. We are now hoping to change our mortgage whilst interest rates are still low as we're still stuck on the northern rock together mortgage at over 4%. How long should we wait before we apply to remortgage? We don't want to borrow anymore we just want to change to a better deal in the hope we can continue paying what we are now and pay it off sooner. House is valued around £100k we owe £83k on the mortgage.