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

Chanlf91

Well exactly 1 month from mortgage application and we seem to be 1 step forwards and 2 steps back.
20/4/18 offer accepted
24/4/18 mortgage application submitted
27/4/18 more documents requested
8/5/18 valuation complete
15/5/18 more documents requested to back up document sent on 27/4/18
24/5/18 1.00pm MA called, underwriter is questioning partners income as his profit has doubled (self employed) expect a call from underwriter. 4.00pm called for underwriter but he's gone home early :wall:

They're ready to issue an offer but nitpicking every little detail.

Hopefully we'll hear something tomorrow as I don't think I can manage waiting until after bank holiday!

datlex

My valuation and survey was done yesterday. Apparently mortgage valuation goes to lender, they should have got it yesterday afternoon. Apparently I should get survey results next week.

chinedu40

I suppose it's time to throw my hat in the ring. FTB with my partner. Purchasing a new build with help to buy.

12/05/18 Reserved property
16/05/18 2 year fix DIP from Natwest via L&C broker. Partner and I decided 5 year fix would be better
23/05/18 Received 5 year fix DIP from Natwest via Broker.
25/05/18 Broker submitted application to Natwest. Payslips sent at this point.

The wait begins...

FTBNow

Finally got text/e-mail confirmation of our mortgage offer from Santander :j very happy!

Our timeline looked like:

16/04: Bid accepted
24/04: DIP from Santander
26/04: Full application submited
26/04: Valuation requested
27/04: Passed to underwriting
4/05: Further info on statements requested
8/05: Back to underwriters
15/05: Application approved
15/05: Valuation received
16/05: Undervalued on valuation
17/05: Spoke to vendors, offer renegotiated and resubmitted
18/05: Passed back to underwriters
24/05: Application agreed for valuation
25/05: Application offered

All in all a stressful month, but finally sorted! Good luck to everyone else waiting :T

And for those of you with adverse credit: we managed an offer despite me having three missed payments (minimal amounts) in the last 12 months and payday loan usage in the last twelve months. This is a 95% LTV mortgage. So there is hope on the high street!

TamsinC

May as well join in with this one too

18/5 Offered accepted on house - a complicated one as it has an annex with a kitchen
19/5 Broker instructed and all possible paperwork sent over
25/5 DIP from Sainsbury's

Lau7889

FTB buying alone through nationwide.

Wednesday 16th May:
1. 1.5 hour application phone call with mortgage consultant
2. Application submitted
3. Valuation booked for Friday 18th May

Friday 18th May:
1. Estate agent confirms that valuation has taken place

Monday 21st May:
1. Call nationwide as documents should have been initially reviewed. They say that they are working a day behind usual timescales.
2. Initial review completed and text stating that application has been passed to underwriters.

Tuesday 22nd May:
1. Call nationwide to see how long for underwriting; they say they are working on a 3 day turn around and that it will be completed by COB on Thursday

Thursday 24th May:
1. Call nationwide to see whether my application has been underwritten; they say not yet and that the underwriters work until 8pm.

Friday 25th May:
1. Call nationwide first thing to see whether it has been underwritten, which it hasn’t. Ask to speak with senior advisor as I had been told by a number of people at nationwide that it would be underwritten on Thursday. Abdul (Senior Advsior, very helpful!) escalates my application and it gets underwritten within the next couple of hours.
2. Valuation has been received and will be reviewed within 3 working days.
3. Application has been underwritten and is satisfactory

So now just waiting for the valuation to be reviewed and will hopefully have my offer by the middle of next week fingers crossed!

Mrsbase

Finally 6 weeks down the line had confirmation today that nationwide have issued our mortgage offer for the full amount asked!!!!

Anyone had any experience on how quickly they got the post after confirmation it had been sent?

Everything else is done, it!!!8217;s only us in the chain, FTB and the sellers are divorcing and no onward chain. Searches are complete, contracts signed from both sides! I!!!8217;m soooo excited!

ks15

Currently waiting for a decision from Barclays:

09/05 Offer accepted on a 1 bed with Help to Buy
16/05 Full application submitted (found out this morning hard search was done on this day which is great!)
17/05 Barclays want additional info like proof of deposit, held up slightly as awaiting 2018/19 LISA bonus
18/05 Help to Buy Application submitted
24/05 HTB come back to say error on on Sales Memorandum so needed to get that fixed, resubmitted on Friday (I hope, mortgage advisor slightly annoying and slow)
25/05 Alert email from Barclays that they have requested the valuation

Until this morning I had no idea if the credit check had been done - I was really nervous about it not going through or something but checked my report and it was done on the say of application and they wouldn't be bothering with the valuation if I hadn't passed that so feeling a lot more confident about the process!

Hopefully get the offer within the next week or so!

System

We have applied for a shared ownership mortgage with Leeds bs.

02/05/18 DIP
16/05/18 broker sent all documents to Leeds.
18/05/18 I can see a credit check has been done by leeds.
22/05/18 Ring Leeds as our broker isn't replying to emails and I was stressing after reading how long Leeds take and what a pain they can be and Leeds said it's been to the underwriter and everything's been ticked off? and a valuation had been instructed for 26/05/18 (Friday just gone)

We have been told we should know by next Friday.

If it's been to the underwriter and everything has been ticked off and they instructed the valuation I'm hoping it's going to work out ok.

MisalignedHalo1971

Mrsbase
We had our mortgage offer on the 17th May and have still not received the written format.
Once again the worry and stress is kicking in:(