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

shell88

Thanks! It's with Tesco, I'm hoping it will be there today when I get home, fingers crossed!

SunnySwansea

Hi all thought I add my timeline


21st April - house put on market
25th April - accepted offer on our house
3rd May - applied for mortgage to buy our next property which is a family member's
4th May - Mortgage accepted in principle - valuation arranged
5th May - contacted solicitor re sale & purchase
19th May - Valuation of property we are buying submitted and was being reviewed
23rd May - Nationwide asked for further information regarding my job in the NHS as I have recently increased my hours so they needed a letter from my manager (budget holder) to confirm new salary.
24th May - Submitted letter from my manager via mortgage advisor this morning.
24th May - waiting to hear whether my buyer has been able to secure a mortgage as they haven't had the valuation done yet on my property. They aren't a straightforward case as they are self employed and its a buy to let mortgage for the buyers son and young family. They seem really keen still and are frustrated that they are still waiting so hopefully won't be too much longer.


Good luck to everyone still waiting!

LuckyG

My timeline so far.

21/04 DIP accepted with Nationwide
05/05 offer made on house
05/05 offer accepted
08/05 full application submitted
10/05 valuation booked for 15/05
10/05 Marriage certificate requested and scanned to MA
15/05 Text from Nationwide to say they'd received the valuation report
17/05 proof of gifted deposit requested and scanned to MA who then sent it straight to Nationwide.
22/05 heard from broker that valuation is fine and signed off
23/05 heard from broker that nationwide didn't realise they had my marriage certificate and it was still outstanding. When they did see they had it, they said they were going to "action it". Advised that they'll issue an offer by the end of the week.

Monkey2801

So I'm taking the plunge! Our landlord informed us last Tuesday they're selling the house so it made u take the plunge slightly earlier than we were planning (due to adverse credit we had been waiting)

Monday 22nd - Viewed property
Tuesday 23rd - Offer put in and accepted, AIP submitted and referred

Fingers crossed for tomorrow!

Monkey2801

Monkey2801 wrote: »

So I'm taking the plunge! Our landlord informed us last Tuesday they're selling the house so it made u take the plunge slightly earlier than we were planning (due to adverse credit we had been waiting)

Monday 22nd - Viewed property
Tuesday 23rd - Offer put in and accepted, AIP submitted and referred

Fingers crossed for tomorrow!

Wowoop. AIP approved this morning, all systems go!

shell88

shell88 wrote: »

Hi, thought i'd add my timeline in as being watching this thread for a while!

03/05 - Offer accepted on house
05/05 - DIP processed and referred to underwriter
10/05 - Approved in Principle and full application submitted
17/05 - Mortgage Offer confirmed!

We are now still waiting for the offer to come through the post - any ideas how long this will take?

The wait is so painful!!

So the mortgage offer didn't come in yesterday's post... Maybe today??

LuckyG

I've not had confirmation of my offer yet, still waiting for that text from nationwide.

LuckyG

Got my offer

My timeline.

21/04 DIP accepted with Nationwide
05/05 offer made on house
05/05 offer accepted
08/05 full application submitted
10/05 valuation booked for 15/05
10/05 Marriage certificate requested and scanned to MA
15/05 Text from Nationwide to say they'd received the valuation report
17/05 proof of gifted deposit requested and scanned to MA who then sent it straight to Nationwide.
22/05 heard from broker that valuation is fine and signed off
23/05 heard from broker that nationwide didn't realise they had my marriage certificate and it was still outstanding. When they did see they had it, they said they were going to "action it". Advised that they'll issue an offer by the end of the week.
25/05 Received text confirming the offer

I am so relieved, these 2 weeks have been torture but finally worth it.

LadyGMadameToThee

I feel your pain, guys and girls!

Offer accepted: 17/05/2017
DIP approved: 22/05/2017
Full application submitted: 23/05/2017

Can't sleep or eat. Stressed and anxious. Thinking about jacking it all in and living a life of purgatory on the welfare state if this doesn't turn out well. Fed up of doing the right thing, working hard and being made to suffer by banks and successive governments.

GingerFurball_2

GingerFurball wrote: »

3rd April - got DIP agreed direct with Halifax
8th May - offer accepted on flat
15th May - full application done with Halifax
17th May - email back from mortgage advisor saying everything looks good but need to wait on vendor refreshing his Home Report as it was just over 3 months old.

Now playing the waiting game.

Update

25th May - email from mortgage advisor advising that application has been successful and that mortgage offer should be posted out.