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

datlex

I have got an appointment with Halifax on Tuesday (2 weeks after offer was accepted due to wasting time on a broker..... ). Looking on line they appear to be fairly quick at making decisions.

joanne95

Thought I'd join you

I reserved a new build in February with an expected exchange date of 31st May (completion mid August)
I contacted broker at L&C on 2nd April and they messed me around for a month so I cancelled with them
Spoke to a local recommended broker on Friday 4th May
AIP with Principality - hard search showing on credit report on 4th May
Full application submitted to Principality on 10th May
All documents submitted to broker except for gifted deposit letter as he needs to check with lender what they require in the letter.

Now to wait....

lena_halo

Got out mortgage offer in the post today - woohoo! Full application was made to Nationwide on 31st March. Offer was confirmed to us verbally about 10 days ago but it is definitely good to see everything in writing!

Solicitors confirmed they have it too and have sent us the mortgage deeds for signing. Eek hopefully not too much longer until exchange!!

MissMagpie

Just a quick update -the purchasers who are buying my house got their official written mortgage offer on Friday and my conveyancer is awaiting their copy today. Cutting it fine for Friday's entry date!!! For all those that are worrying, I totally feel your pain, and I hope that you all get the decisions you are hoping for. My timeline (as a seller) was:

28/03 - Official written offer received.
28/03 - Purchasers apply for full mortgage (the already had a DIP) from Nationwide
10/04 - Legal report searches done by solicitor - all okay
11/04 - Revision to the original offer received and Qualified Acceptance issued by my conveyancer. Sale agreed pending the purchasers mortgage being secured. Provisional entry date 18/05/2018
16/04 - Valuation conducted
26/04 - Purchasers still "awaiting loan papers"
11/05 - Loan papers finally with purchasers solicitor
14/05 - Loan papers expected at conveyancers office. Missives to be completed now.
18/05 - DATE OF ENTRY!!!!!!

I didn't detail above how many times I emailed the solicitors pressing for information, as quite frankly, its mortifying! I must have emailed them at least once every day. They have been so helpful and never made me feel like a pest......although I am pretty sure they thought it! Horrifically stressful and never EVER to be repeated.:rotfl:

victoriavictorious

Post deleted

FTBNow

Still nothing our end from Santander.

Submitted on 26th April.
Valuation instructed on 26th.
Passed to underwriting on 27th.
Valuation carried out 3rd May.
Requested information on statement on 4th.
Back to underwriters on 8th after Bank Holiday.

And here we are, nearly three weeks later! I can't bring myself to e-mail my poor mortgage adviser again.

saant22

I too am nervously awaiting...


although ours hasn't been too long, I wish I had not asked for the tracker.


we are FTB and are waiting a decision from Natwest.
Fri 27th April reserved a new build, doing HTB.
Fri 4th May submitted application via Broker.
Tues 8th May funds for valuation taken.
Weds 9th may, requested further 3 month pay slips.
Thurs 10th May Valuation carried out.
Fri (today) confirmation Valuation was ok and pay slips will be assed by COB Monday.


As of yesterday payslips were reviewed and it now says 'please call us to discuss your clients application"


now I'm worried! sure it is only to validate something but still not heard from our broker!


anyone had any experience of what this can be?

FTBNow

Just logged on to MATS tracker to see that the Santander underwriter has accepted our mortgage (95% LTV) subject to satisfactory valuation :T:T. Very very happy!

Goes to show that a couple of late payments, some payday loan usage (all in the last 12 months) and a low credit score (number wise) isn't the be all and end all and doesn't finish off your chances of a high LTV mortgage.

Rach2018

I'm currently waiting on my mortgage offer from HSBC.
It looks like people only have bad things to say about them

I had the valuation last Tuesday.
Does anyone have any idea how long these things take?

FTBNow

A friend of mine is looking for a mortgage with HSBC. I don't know much about them personally, but he raves about them and their processes: he's a very vanilla case though.

Our application has been "passed to the mortgage centre" (whatever that means) and Santander are now just assessing the valuation which they're quoting two working days for processing, so not much longer now hopefully.