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

TamsinC

twiddle thumbs, twiddle thumbs

dimestorediamond

Hello, gonna let myself in here, trying to get a feel for how I should expect things to go, as I am a first time buyer with lots of anxiety and questions.

11/06 - AIP accepted with Principality via broker
12/06 - Offer accepted on house
13/06 - Chose my solicitor and informed EA
15/06 - Email from my broker asking me to download, sign and return to them my application declaration as well as a DD mandate. Also, had the fee for the Home Buyers Report taken from my bank account by Principality.

As for the above, I have no clue if this means I have had my mortgage accepted? I would assume a positive result if money has been taken, but I could be wrong

Let the waiting commence...

liviboy

Nationwide - application submitted on the 14th as previous post.

The valuation was booked for the 15th and it was received on the 15th and currently "under review".

However, I now have 4 different Decision in Principle - Accept documents throughout the process so far...any idea why so many? They have also credit-checked each time (on Noddle there are 3 different applications from Nationwide all on the same day). This doesn't seem right to me but maybe it is?

nickdentrinos

good luck everyone.



Finance broker in Orange NSW Australia

FTBLon46

Nationwide:

Applied for Mortgage & received DIP through broker: 01/06/2018
Valuation: 06/06/2018
Valuation Approval: 12/06/2018
Mortgage Offer: 18/06/2018

liviboy

Update:

09/06/18 - Viewed property - verbal offer made.
10/06/18 - Decision in Principle received.
11/06/18 - Formal offer made - offer accepted in principle. Estate agent instructed on the marketing and sale of our house.
13/06/18 - Estate agent measured our property, home report instructed and a few other bits and pieces. Negotiation with solicitor regarding included items in sale of new property.
14/06/18 - Full mortgage application made (Nationwide). Home report and survey carried out on my current house. Documents requested from Nationwide: Last payslip and proof of wife's bonus - both submitted electronically. Valuation booked for 15/06/18.
15/06/18 - Valuation received and under review.
18/06/18 - Application !!!8220;passed for full assessment!!!8221;. Guessing it!!!8217;s just a waiting game now?

rkmattaparthi

Timeline:
10th May – Applied for AIP and agreed
24th May – House offer accepted
31st May – Call with Mortgage Advisor for full application
4th June – Mortgage Illustration signed
5th June – Text for Valuation booked on 11th June
12th June – Valuation completed and uploaded
15th June – Valuation agreed and sent to underwriters
18th June – Offer agreed by underwriters and they informed that offer will be sent by end of the week

I've heard First direct are very strict and refuse applications straight away if you don't have perfect credit. However our experience proved otherwise, if you have a good relationship with the bank and you keep every account and payments in order they are most likely to consider your application. Our credit score was no where close to good or perfect, but we were offered mortgage, so don't loose hope if your credit score isnt great.

marcmc84

Offered on house and been accepted, got AIP and now broker has sent full application with documents to Santander. Awaiting decision on application - Nervous as 95% mortgage.

Noobie2011

We are in the merry go round again after a terrible broker but current situation is

AIP with Halifax - 9th June
Full Application passed - 9th June
Valuation booked on the 11th for the 22nd

So waiting nervously now for a valuation but is a new build so should be striaght forward. Mortgage Advisor said if comes in quick enough could get an offer on the 22nd

Pegasaurus

Yes! Offer from HSBC received today!

DIP on 1st
Full application on 4th
Valuation on 11th
Query on bank statements on 14th
Offer on 19th

What a horrible waiting game.