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Anyone want to join me? Awaiting Mortgage decision...
Comments
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Our timeline
DIP Mid July - general
12/08 Offer made
14/08 Offer accepted
14/08 Instructed solicitor
14/08 DIP Precise Mortgages
17/08 Precise Mortgage app completed
31/08 Declined by Precise Mortgages
01/09 DIP Vida Homeloans
04/09 App Vida Homeloans
04/09 Change solicitor to one on approved panel for Vida Homeloans
05/09 P60 emailed
05/09 Valuation fee taken
08/09 August payslip and memorandum of sale passed to broker
08/09 Precise valuation and survey refunded
08/09 Original conveyancer refund0 -
Can I ask why you got turned down by precise was it after dip. Our application will hopefully go in on Monday and I'm scared it's all a dream.0
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Precise do a soft check at DIP stage with Experian, then full check with Equifax.
Partners previous mortgage arrears recorded differently on Equifax as AP whereas Experian listed as U (unclassified) and then altered. We queried with Experian and they were asked to reclassify.
Good luck to you x0 -
We are waiting a Mortgage Decision and part way through the process
04/08/17 - AIP Done
06/08/17 - Plot Reserved
11/08/17 - Chat with advisor
17/08/17 - Got Application Form
21/08/17- Application Received and Scanned
23/08/17 - Passed 1st checks and passed to underwriter
25/08/17 - Surveyor booked for 4/9
04/09/17 - Surveyor Been
05/09/17 - BS received Survey
09/09/17 - Copy of Survey in post0 -
Timeline so far..
I'm guessing the next step is waiting to hear about a valuation (if the lender is happy to proceed)?
Any one else waiting on a decision from Leeds Building Society, or know roughly how long I should be expecting to wait?
For us it wasn't so much the time for LBS to instruct a surveyor just the availability of the surveyor! Every casei is different
Good luck.0 -
Hi all,
We are buying a first house now, just waiting for mortgage application to go through. 90% LTV with Halifax. Just worrried something is going to go wrong. This is our dream house, only think that might be frowned upon by lender is we bought a car 2 months ago outright.
Timeline so far
05/09 - chat with broker
05/09 - AIP with Halifax (90% LTV)
07/09 - Additional documents sent to broker
09/09 - Reserved new build
11/09 - Full application submitted0 -
Didn't thought Halifax did more than 85% on newbuild unless you are using help to buyers0
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Didn't thought Halifax did more than 85% on newbuild unless you are using help to buyersI am a mortgage broker. You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice. Please do not send PMs asking for one-to-one-advice, or representation.0
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I can now officially join in
Feb2015 spoke to broker re adverse gr dip with precise
Aug 2015 flat went on market
2017 Dip Precise mortgages Feb march to get ideaof lending
6 June offer revived plot reserved on new build
12 June broker about to submit full app
12 June stopbuyer pulled out
27 August new offer to low buyer 3
28 August new offer full asking price buyer 2 and accepted
29 August buyer 2 pulls out only had residential aip needed btl aip whoops
30 Aug buyer 3 upped offer and accepted
6 September buyer 3 mortgage approved to equity release and there survey set on our flat.
11 September mortgage offer to precise finally put in/0 -
a quick one when the lender asks for more documents does that mean they havent started to go through the full application yet0
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