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

loobiej1

Fisa002 wrote: »

When did you submit a full application? Many people have a valuation booked a few days later. Mine took almost two weeks but this was because NW chose my application to go for a random audit check at head office. They apparently do this with 10% of cases. I would check with your MB or ring NW directly and see what the delay is. If its gone to head office apparently you cant do anything apart from sitting it out. Once it’s back a valuation will be done x

I only submitted it FA Friday broker did say it would be a day or 2.
i hope they get intouch soon x

zoedmc

I received my official offer from bank yesterday

Does anyone have a estimate on how long the surveyor will take to do the necessary?

Mermaid89

12/02 - Valuation
13/02 - Mortgage offer! Just waiting for it to arrive the in post

Looking to exchange on 09/03

Dolly123

zoedmc wrote: »

I received my official offer from bank yesterday

Does anyone have a estimate on how long the surveyor will take to do the necessary?

We have some surveyors that do Valuation then its offered the next day! :beer:

Supersy

15/1 - DIP with HALIFAX
16/1 - New build reserved
17/1 - Went through a broker as case complicated, DIP with NATWEST, Noticed my ID was out of date, requested new passport and driving license.
01/02 - Full application to NATWEST
06/02 - Case accepted pending valuation
09/02 - valuation carried out
10/02 - valuation confirmed at purchase price and full mortgage offer issued

Broker was instrumental in getting this mortgage, worth every penny.

loobiej1

Fisa002 wrote: »

When did you submit a full application? Many people have a valuation booked a few days later. Mine took almost two weeks but this was because NW chose my application to go for a random audit check at head office. They apparently do this with 10% of cases. I would check with your MB or ring NW directly and see what the delay is. If its gone to head office apparently you cant do anything apart from sitting it out. Once it’s back a valuation will be done x

Hello
Received a call yesterday valuation booked in for Tuesday 20/02
NW requested a copy of Jan payslip as the one i sent was not clear, i have sent them this again today. I have been told from my broker they are running behind by 3 days.

Have you heard anything else yet Fisa002?

michbright

So... quick update.

Today we were told mortgage has been agreed subject to valuation. Updated timeline below :j:j:j

michbright wrote: »

Tentatively posting...

Timeline is a long one...

10/17 Saw house we like, put offer in, accepted.
10/17 Spoke to mortgage advisor and told to wait 6 months until DH has been in current employment 6 months (started in 07/17)
10/17 Everyone in chain agreed to wait :j
11/17 Pay off credit cards in preparation of mortgage application
05/01/18 Apply for DIP
08/01/18 Mortgage advisor goes on paternity leave so everything on hold again :rotfl:
22/01/18 DIP approved
26/01/18 Full application put in
29/01/18 Mortgage co asks or more info
14/02/19 Mortgage agreed subject to valuation :j

ian310567

Quite impressed with the speed of HSBC processing my mortgage, from online application to offer within a week!


07/02 - online DIP, application and all required documents uploaded onto their portal (probably took me two hours in total, including a few calls to their helpline)
08/02 - mortgage approval & valuation/homebuyer report booked and paid for
13/02 - valuation undertaken and conversation with surveyor (just waiting on homebuyer report, but usual stuff on a 50 year old property)
14/02 - full mortgage offer received


Looking to exchange contracts in the next few days, with move in date scheduled for 28/02 - its a vacant property and I'm completing the sale/moving out of my house tomorrow, so there's no chain involved, plus less than 50% LTV, which obviously helps.


I had to make a few more calls to their helpline to check status and see if anything else was required from me, but would recommend this route if a straightforward transaction.

Fisa002

loobiej1 wrote: »

Hello
Received a call yesterday valuation booked in for Tuesday 20/02
Have you heard anything else yet Fisa002?

My valuation and homebuyers survey takes place tomorrow. It’s taken ages to book. So fingers x that the valuation comes back fine. ( the prev offer on this house fell through because of the valuation so I’m hoping it will be ok with mine this time around) however it’s nerve-wracking.

Your valuation is just a few days away. Then hopefully we’ll be getting offers pretty soon !!

loobiej1

Fisa002 wrote: »

My valuation and homebuyers survey takes place tomorrow. It’s taken ages to book. So fingers x that the valuation comes back fine. ( the prev offer on this house fell through because of the valuation so I’m hoping it will be ok with mine this time around) however it’s nerve-wracking.

Your valuation is just a few days away. Then hopefully we’ll be getting offers pretty soon !!

fingers crossed for you tomorrow, i haven't seen a hard credit check on my file as yet just a soft? broker seems happy with how everything is processing at the moment.