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

OneInTheHat

Can I ask how long it takes in an average purchase from once your mortgage is approved to exchange and completion (assuming no issues)? i know it can depend on the chain but I'm trying to see whether I will be in the house by Xmas!

Timeline so far
25th July Agreement in principle
25th July Offer put in on property
28th July Offer accepted
28th July Mortgage applied for
28th July All documents needed for mortgage sent through
4th August Mortgage approved subject to valuation

Valuation booked in for 16th August (they couldn't do it sooner)

HGW2012

31/7 DIP
5/8 Offer accepted
7/8 Solicitor appointed (currently on hold until mortgage app through)
9/8 Broker appointment, all documents given and mortgage chosen through HSBC
10/8 Broker submitting all documents today and will touch base 11/8

Am I likely to hear next mortgage has gone through subject to valuation?

A2EEM

HGW2012 wrote: »

31/7 DIP
5/8 Offer accepted
7/8 Solicitor appointed (currently on hold until mortgage app through)
9/8 Broker appointment, all documents given and mortgage chosen through HSBC
10/8 Broker submitting all documents today and will touch base 11/8

Am I likely to hear next mortgage has gone through subject to valuation?

The next step you'll most probably hear about is the valuation. Depends how long it'll take to get a valuation booked as it's dependant on location and how busy the valuation team are in the area.

Ebzzy

Received a text message this morning from nationwide

Ebzzy

Received a text message this morning to say mortgage has been approved :j:j:j:j:j:j:j:j:j:beer::beer::beer::beer:

Jkbc90

Wonderful news! Congrats Ebzzy

We have an appointment with our broker tomorrow (offer received last Friday).. so excited but still very aware the house still isn't ours. Praying we get those keys in our hands!

A2EEM

Anyone else finding the NatWest tracking system to be currently unavailable?

nikkih72

A2EEM wrote: »

Anyone else finding the NatWest tracking system to be currently unavailable?

its all working

Mo87

Hi,

Halifax valuation has come in under purchase price of £252,950. Colleys suggests properties in the area to be worth between £225,000 - £245,000, with this plot being valued at £240,000.

Same property type 1st phase all sold for £229,995 06/2016, we are now on the last phase at £252,950, I reserved as soon as they released circa 4 weeks ago.
The house next door identical (Town house) is now listed at a higher price of £259,950 with both due for completion 01-03/2017.
T
Halifax have said the broker needs to request a CML from the Developer ?

We did have some incentives not sure if this affects it at all;
- 3% gifted deposit
- Flooring, Wardrobe and TV mounting
- Stamped duty paid
- Legal fee's paid

Thanks

Kathryn22

Hi
We are in process it's just been passed for final assessment what does this mean