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

sevenhills

sevenhills wrote: »

Applied for mortgage on 23-05-17 with the Coventry and now survey booked for 16th June.

The survey was cancelled and it was done on the 26th; got my mortgage offer today.
10 year fixed, 2.7% APRC with the Coventry.

Returntosender

Wooohooo, received our mortgage offer today after about a week and a half of 'please re-send this, please re-send that' from Nationwide. We're getting our building survey report tomorrow which means we can proceed with negotiations! Beyond relieved right now!!!

Jkbc90

Great news congratulations

We had word from our broker today. Nationwide have came back with an offer of £4K less, not sure wether it's to do with the valuation. Now they're shut until Friday, apparently they're willing to offer us the mortgage with the new figure but it's now working out where to go from here. Nothing worth having ever comes easy hey lol

sugarcube84

We have confirmation from our broker that our offer has been issued and it is exactly as we asked for so i can breathe a sigh of relief. Our timeline was as follows

06/06/17 - AIP issued by Nationwide.
12/06/17 - Offers accepted on our house and the house we want to buy
13/06/17 - Supporting documents sent to broker
16/06/17- meeting with broker to discuss mortgage options, 2 yr fix/5 yr fix etc
21/06/17 - AM Further supporting documents requested and forwarded. PM Full application submitted
23/06/17 -Text/email to say valuation arranged but no date
26/06/17 - Confirmation from broker that sellers didn't get back to Nationwde to confirm the date, we then arranged for the sellers to tell Nationwide that we were authorised to arrange access for valuation. Valuation rearranged.
28/06/17 - Valuation carried out, given the ok from the surveyor, report sent to Nationwide.
30/0617 - Broker confirmed valution is at the requested figure and that Nationwide are assessing it.
05/07/17- Nationwide request further information relating to the flooding (when and why)
10/07/17 - Nationwide request more information in regards to flooding (any preventative measures since/value of claim)
11/07/17 - Offer issued


So from application to offer it was 1 day under 3 weeks.


So

BattleToads

sugarcube84 wrote: »

So from application to offer it was 1 day under 3 weeks.

Congratulations, glad it all worked out.

goodwithsaving

Application submitted on Monday, it's the waiting game now. It's my third mortgage application in 3 years so I'm very nervous!

hashtagyolo

Update:

30/6/17: DIP given from Aldermore
30/6/17: Offer accepted on property
03/7/17: Mortgage Application accepted and survey paid for..
11/7/17: Valuation Completed
12/7/17: Call from Aldermore to confirm details..

Mortgage offer will be released I think? Hope so! :P

elonii

Agggghh!! I'm right at the pointy bit here, so going to join in this thread.

09/06/17 DIP given by Coventry BS
21/06/17 Offer accepted on property (after making us wait 5 days!)
26/06/17 Full application submitted
27/06/17 Buy to let income proof requested
29/06/17 Accountants certificate requested
10/07/17 Valuation report carried out
12/07/17 Valuation with underwriters

Stated processing time is 48 hours for the document, so it's borderline whether I'll be hearing back before the weekend or not.

Time is actually running backwards. I'm absolutely beside myself

hashtagyolo

Update:

30/6/17: DIP given from Aldermore
30/6/17: Offer accepted on property
03/7/17: Mortgage Application accepted and survey paid for..
11/7/17: Valuation Completed
12/7/17: Call from Aldermore to confirm details..
13/7/17: Mortgage offer issued!!

14 days from DIP to Mortgage offer, seems like I got processed quick compared to other peeps.

Now for the finger nail biting over the next month or so

elonii

hashtagyolo wrote: »

13/7/17: Mortgage offer issued!!

14 days from DIP to Mortgage offer, seems like I got processed quick compared to other peeps.

Now for the finger nail biting over the next month or so

Congratulations! I'm very jealous. I wish mine was through!