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

tomatoandcheese

Our timeline so far (Nationwide)

25/04/17 - offer made and accepted
26/04/17 - full application in via broker
28/04/17 - additional paycheques sent for me as proof of overtime
01/05/17 - bank statement provided showing Child benefit (again)
02/05/17 - text saying valuation survey arranged
03/05/17 - valuation survey takes place
05/05/17 - text saying valuation report has been reviewed and accepted

Finally can update this - received the text yesterday confirming that a mortgage offer has been made. :T Should get letter next week. Good night's sleep for the first time in two weeks! :j

mrporkchop

Timeline with HSBC (direct online application)

29/03 - Full application
01/04 - Documents posted
10/04 - Documents re-posted because apparently not received
17/04 - Documents still not received. Call centre person says they can be uploaded via their online portal. Why don't they just make this part of the online application process!
24/04 - Referred to underwriter
28/04 - Approved pending valuation
28/04 - Valuation arranged
03/05 - Valuation done by Countrywide
04/05 - Valuation recommends retention, undervalues by this amount.
04/05 - Mortgage offered without retention

HSBC were very slow and required a lot of chasing to get things progressing, but got there in the end.

Lockylocky10

SO many pages on here I can't find someone who may be in the same position!

Had an AIP through a mortgage broker from Halifax (both me and partner have banked with halifax since day1) however, partner has a default from 2014 (over 3 years ago) for the amount of £53 that has been discussed between the broker and Halifax before AIP offered.

Has anyone had an AIP through Halifax and then declined before offer?

vls

Isn't this whole process terrifying! I've been reading everyone's stories on here and well done to those who have got offers. My first time buyers timeline is:

31 January: AIP agreed direct with Barclays
11 April: Offered and offer accepted
13 April: Appointed solicitors
26 April: DIP agreed direct with Barclays
27 April: Full application submitted
28 April - 9 May: The most ridiculous questions ever asked by the underwriters - they may as well have asked my shoe size!
9 May: Mortgage sanctioned pending valuation
15 May: Valuation date

have full buildings survey in for next Monday (22 May) - ARGH, the wait is so agnoising and as a freelancer (albeit with 2 years tax returns) I still don't have any idea whether they really are going to accept me or not! I think this process seems quite quick but judging by some of your stories, I'm not sure - even with a couple of bank holidays!)

Fingers crossed for everyone!
vls

Oakdene

Really dont know what to think, we would like to buy a house around the £140k mark... I have put my partners & mine details into the Natwest AIP calc (I already hold a mortgage with them) & with our combined income of £51288 & CC debt of £16000 (slowly coming down) & deposit of £14000 (some proceed from possible sale of my house) & the current committed expenditure, taking into account what they ask for we get a result of lending 'up to' £173712 whihc is way above what we want or require. I know that there has to be a full credit check etc but does anyone know whether its likely they will take more than £47712 off what they agree in principle based on us only wanting/requiring £126000??

Lu_equi

Updated from above:
05/04/17 AIP Done and received with a soft check from RBS & Halifax on credit report (Experian)
18/04/17 Offer made on property and accepted
21/04/17 Full Mortgage App done with Halifax through Broker
21/04/17 Valuation/Survey fee taken by Halifax HARD credit search done.
04/05/17 Another HARD Credit search carried out
08/05/17 Survey booked (Delayed as they couldn't get hold of the seller!)
09/05/17 Survey carried out
09/05/17 Halifax now wanted April Wage slip from me.
10/05/17 Received valuation report in post all ok.
12/05/17 Halifax emailed employer reference to partners "soon to be employer" sent back same day.
*Weekend*
15/05/17- OFFER RECIEVED !!




Our broker has been brilliant
I am moving to another board now , good luck everyone .

SHM87

This is a scary process!

Got AIP from Natwest in April
12/5/17 Offer accepted on property and updated AIP
16/5/17 Mortgage application submitted and solicitors instructed...

Dollydaydreama

It certainly is a nervous time, we submitted our full application two weeks ago, our lender asked for two additional pieces of information at the end of last week which we provided Monday, we've been assured everything they have asked for is with them and it's looking positive, we are back in the queue to have a review of the new information so hopeful it will be tomorrow. Feeling very stressed by it all p.

Baa289

Anxiously waiting!

08/05/17 Application with Natwest submitted via broker
09/05/17 Additional documents requested and submitted
11/05/17 Home report requested and submitted (we're in Scotland)
17/05/17 Broker notified us that it is in the queue for underwriter to do final checks and that the valuation was accepted.
I am taking this is a good sign? Broker said it can take up to 5 days to hear back...

Dollydaydreama

Great news, we got a copy of our mortgage offer today. 2 weeks and one day after application. The first 10 days we had answers/request for information within one working day but last Friday three extra pieces of info needed and then a huge backlog with underwriting! We have seen an e-mail copy of the offer today, thrilled to say the least!