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

plumfin

plumfin wrote: »

Can I join? I am a first time buyer so incredibly nervous!

03/01 - DIP agreed
4/01 - saw property and fell in love
08/01 - second viewing, just confirmed my feelings
09/01 - first offer rejected, second offer made
10/01 - second offer accepted!!
13/01 - app put in, payslips and ID all verified with the broker

will keep you updated.

Update - 24/01 After having put in copies of letters regarding deposits from our Dads, copies of their ID, bank statement etc, everything is now with the broker. Valuation ok, and I am now waiting on the lender to tell me all is ok (I hope...)

I agree with previous posts - this is the most stressful thing I have ever done, and haven't even got to the offer yet.

stanmoor

What's made it stressful? Not knowing?

Gf and I made offer last Wednesday, offer accepted on Thursday, solicitors instructed Friday. We've got all docs ready and applying for mortgage on Monday!

eagerftb

@Gazfocus About your question on Halifax valuation. The receive it usually the same day and can offer the mortgage within 48 hours!

plumfin

Stanmoor - we have gifted deposits from parents and our lender has asked for more proof than we had expected. Yes - the stress now is not knowing and I don't expect to hear til Friday, so this week will be tough!

Hitchy7

Hi all,
I might as well join...
Going for natwest help to buy equity loan on a new build (this is from plan as won't be ready until may/June)
17/1 DIP with natwest
17/1 paid reservation fee and arranged meeting with broker but couldn't come out until the 28th :-( - he did the DIP for us
18/1 Instructed solicitor
25/1 Id documents and proof of gifted deposit sent to the solicitor along with cheque for retainer and actual plot search
25/1 have gathered all supporting evidence required for the broker to make the full application

stanmoor

plumfin wrote: »

Stanmoor - we have gifted deposits from parents and our lender has asked for more proof than we had expected. Yes - the stress now is not knowing and I don't expect to hear til Friday, so this week will be tough!

Ah ok - that's understandable. What have they asked for apart from the gift letter? Which bank is this with?

thenewbee

thenewbee wrote: »

Initial application with First Direct over telephone - 13/12/2013
Supporting evidence submitted to FD by post - 16/12/2013
Offer accepted - 17/12/2013
Solicitor appointed - 20/12/2013
Sale particulars received - 21/12/2013
Spoke with FD on the phone and received confirmation application has moved to valuation stage - 24/12/2013

So now waiting to hear from bank's surveyors to arrange valuation. We're having our own structural survey done by a different surveyor who's been recommended to us - should we wait until after the bank's has been done? Or arrange them concurrently

Spoke to FD today - valuation came back fine & they've received our signed offer so all done on the lender's part until exchange!
Our structural survey will hopefully happen this week. &then we can get searches etc done by our solicitor.

Lots has happened! We've had the building survey done, came back with a few issues most of which have/are being dealt with. Need to get a roofer around to quote for a new flat roof & see if we can negotiate to get something knocked off the purchase price to reflect this.

Searches are back and fine, property info form and f&f form back and fine.

Told the landlord of the house we're in currently that we'll be out by 3rd of march and completion planned for mid Feb!

Fingers are still crossed though.

gazfocus

gazfocus wrote: »

05/01/2014 - Saw house on Rightmove and fell in love.
11/01/2014 - Viewed house and loved it even more (only needed the one viewing really).
11/01/2014 - First offer made on house.
15/01/2014 - First offer rejected.
15/01/2014 - Second offer accepted.
15/01/2014 - Got AIP from Natwest for £7k more than needed.
16/01/2014 - Instructed Solicitors.
21/01/2014 - Received Memorandum of Sale from EA.
21/01/2014 - Full Mortgage Application Submitted via IFA.
21/01/2014 - Valuation Fee Paid.
21/01/2014 - Valuation booked for Friday 24th January.

27/01/2014 - Valuation came back ok
27/01/2014 - Halifax have requested 3 payslips for me. MA to submit.

EpsilonVaz

29/12/13: Visited new build sales centre
30/12/13: Spoke to FA to assess affordability
04/01/14: Visited sales centre again
05/01/14: Spoke with their FA to vet us to reserve
06/01/14: Agreed terms with builder, property put on hold
09/01/14: Reserved property (signed paperwork, paid reservation fee)
14/01/14: Mortgage broker meeting
15/01/14: Mortgage application submitted
24/01/14: Valuation booked
27/01/14: Mortgage offered!

I'm very happy today

clareFTB

clareFTB wrote: »

Can I join and keep this going... I’ve loved reading and it has helped me stay sane. I’m a FTB and only a few days in eek!

11/01/2014 – first viewing and fell in love
12/01/2014 – second viewing fell more in love
13/01/2014 – full application done in Halifax branch. We took all our documentation with us so it was all approved there and then.
13/01/14 – paid for valuation
13/01/14 – instructed solicitor
14/01/14 – 16/01/14 – anxiously checking email/phone/post for news of when valuation will be.

The current owners are moving into rented so there is no chain.

I’ll keep you posted. Exciting times but I’m still so nervous/anxious.

A few updates for you.
21/01/14 - Valuation and homebuyers carried out
24/01/14 - recieved valuation and report all god a few little bits to sort but nothing too scary!
27/01/14 - Hoping my mortgage offer is waiting on my doorstep at home