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

Tommyjw

Wednesday 11th October mortgage offer runs out.

A simple remortgage from unencumbered to buy out a shared ownership, no other lender involved or chain etc, and Oneill patients have managed to drag it out for almost 3 and months to this point . Emails ignored , callbacks promised that didn't happen, the housing associations solicitors chasing multiple times.

They messaged me 2 weeks ago asking if there was a shared ownership involves and giving me another document to fill out, something on all the forms I sent them 3 months ago with attached paperwork about the housing association !

Truly the worst service I have ever come across and will definitely ignore any free solicitor deals in the future.

Regina.filangie

Hi everyone, so pleased I can finally join this thread! Had offer accepted on my house back in May and have had a nightmare trying to find somewhere to buy due to a slow market. My buyers are understandably getting impatient.
Viewed and offered on a house priced over my budget back in July but the vendor said no.
Had another offer accepted on a different property since then but the 3rd bedroom was tiny and it needed a new kitchen etc. Anyway the vendor from the other house then changed their mind and have accepted my below asking price offer so I've pulled out of the other one and I'm going for it.
Had my mortgage appointment with my broker on Friday and they submitted my application on Tuesday with Natwest. Money has already been taken for the survey. Fingers crossed!

23Richie

We got refused by Halifax after AIP went through start of Sept. Only difference being we supplied our marriage certificate to prove name change. Our broker is appealing and waiting to ding m find out. Anyone else had this?

Regina.filangie

Hi everyone just a quick update. Here's my timeline so far;
End of May - accepted offer in my house
End of July - viewed a 4 bed house and loved it. It had been reduced several times, now on for £180k. Offered £160k, rejected. Went to £165, this was also rejected so I walked away.
Beginning of Sept - offered on 3 bed in the right area but wasn't convinced about the house. Tiny 3rd bedroom and gardens and kitchen need lots of work as well as decorating and carpets throughout. Offer eventually accepted £2k below asking price.
Following day - estate agent for the vendor of the 4 bed got in touch to say they now wanted to accept my offer! Decided to proceed and pulled out of buying the 3 bed.
30/09/17 met with broker. Very pleased with them so far. Found me a good deal with Natwest. Provided 3 months bank statements, tax credits award letter, passport, 3 months payslips etc.
03/10/17 broker submitted full application
04/10/17 money taken out of my account for the valuation survey
06/10/17 survey carried out by Countrywide and came back for the correct amount
06/10/17 solicitor waiting for draft contracts from vendors solicitor before ordering searches. Searches paid for.
10/07/17 results of survey report sent to me by my broker.

Just waiting for the offer to come through now. My buyers are ready to exchange so hopefully the searches won't take too long.

jarshay

My wife and I have had a real rollercoaster of a time trying to get a mortgage as we are Ltd Company directors.

We found a beautiful house in June and had the offer accepted after getting our AIP from Santander via a broker then after 4 weeks, they then said they wouldn’t lend to us without 3 years of accounts.

We then went back to the drawing board and looked for a new house as the one we wanted had sold.

26/7 - Offer accepted
1/8 Initial meeting with Ipswich Building Society
After a lot of backing and forthing we decided to not proceed as the Ipswich were very slow in responding
29/8 DIP put in with Natwest via broker
29/8 All documents sent to broker
30/8 DIP approved
5/9 - Valuation booked for 21/9 (annoying delay)
7/9 Underwriting process started
20/9 Natwest requested draft accounts for current financial year
21/9 Valuation carried out (came back fine)
2/10 Accounts uploaded to Natwest
10/10 - MORTGAGE OFFER in post!

archersluck

Just found out my surveys were today!! Was worried nothing was happening so chased, my broker says they've been swamped with people remortaging due to fears about rate rises so probably why i hadnt been updated. Apparently the underwriter has signed everything off too, they're just waiting for valuation. Eep, fingers crossed

Cheery_Daff

Yawn, don't even know why I'm bothering with an update as very little has happened.

Aug 9th - offer accepted on new house
Aug 18th - full mortgage application submitted
Aug 29th - lender offered £3k less than requested. Replied with proof of impending pay rise
Aug 31st - lender 'discovered' student loan (which I had declared to broker at start), offered £20k less than requested
Sept 5th - lender agreed to offer requested amount if I sent proof of ability to pay off entire student loan before completion. Did this straight away
Sept 7th - lender offered £11k below requested amount (aarrgghhh! Stop sending it to someone different to look at every bloody time!)
Sept 11th - received valuation report - new house valued at £0 (aarrgghh!)
Sept 18th - finally received payrise and sent new wage slip and bank statement
Sept 21st - lender finally agreed to full amount (hooray!) but no offer as house valued at £0. Broker requested letter from solicitor to confirm we can change property title to fit lender requirements (which I raised with broker at application stage, and he said 'wouldn't be a problem')
Sept 26th-29th - solicitor can't write letter without full conditions from lender, or agreement from seller. Broker tells me to sort it out. I draft change to title and suggest costs etc. Solicitor happy, and sends to seller's solicitor, who is also fine and goes away to ask sellers for their permission.

Still no response from sellers nearly 2 weeks later. Chased their estate agent, who reckons they have now spoken to their solicitor who is now 'writing to' my solicitor. If they don't agree to what I've suggested (which has ZERO consequences for them as we are still buying ALL of the property for the SAME MONEY at the SAME TIME), we won't get this mortgage, and will have to start the whole process again.

7.5 weeks from full application and we still don't have a mortgage - is that a record?! :eek: :rotfl:

Tearing my hair out... Instructed solicitor right at the start so if everything DOES go through (fingers crossed) at least there won't be a delay. If it all falls apart of course, there will be a hefty bill for nowt :eek:

h240

Can finally say after the longest 6 week wait of our lives we got our mortgage offer today 😀

middy991

so after first house buy fell through due to upto 25k in repairs needed, so we found another place nothing spectacular but hopefully have it paid off pretty quick nd be ours,offer accepted on 28/9 had to reapply kind of with lender (which are not the fastest) heard from broker today 12/10 valuation booked for tuesday 17/10, solicitors sorted and set on 5/10 get a free 2nd set of searches as first sale fell through saving us a bit of money there just hope this ones ok and we can be in for xmas be good for the lad to start new school after xmas too

yloops

I feel comfortable enough to join the fold. Wish me luck.

Santander Mortgage, through a broker who has been an absolute legend.

Background:
Joint Application - Me bad credit due to a default 2 years ago, however have had clean history since (all green ticks), 3 credit cards with 0 balance and all cleaned up. Girlfriend, spotless credit rating 1 credit 0 balance card all green ticks 999 credit score.

My credit made things very tough, but our mortgage broker did magic and found a deal at Santander that he thought we could get:

10/08/2017 - Decision In Principle
29/09/2017 - Full Mortgage Application put through
29/09/2017 - Valuation Instructed
04/10/2017 - Passed to Underwriting
06/10/2017 - Application Agreed subject to valuation :beer:
13/10/2017 - Valuation Occures

Santander and our mortgage brokers have been brilliant, very fast with everything.

So now we are waiting for the valuation on the property to come through. Hopefully it will be okay and we'll be home and dry. Been nervous since the beginning, and this last stretch is killing me!