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

Dalmation

DaisyRose wrote: »

The waiting is proving to be the worst part!

Had my valuation on Thursday said we would find out the result within 48hours. Stupid weekend got in the way am now a bag of nerves waiting for a call. Hoping I will have my mortgage offer by the end of the day!?

Good luck DaisyRose :j

DaisyRose_3

Thanks, broker has just informed me will take around 5 days to hear back now!? Argh the torture!

plumfin

My broker told me that all correspondence goes into their in-box and is dealt with as someone works their way through the pile. I appreciate it may be more sophisticated than that, but that is how I envisage it! My mortgage company advised it would take up to 3 days to email it to me but I had the offer in the post on the 3rd day.

Keep positive, I know the waiting is awful, I really sympathise. You want to talk about it, to rant and rave to anyone who will listen, but then you get bored with yourself talking about it yet again. A complete vicious circle, it is torture I agree. Chin up, if you do feel the need to rant, feel free to PM me as I could have done with someone to do this to last week!

DaisyRose_3

Thanks Plumfin, I'm impatient at the best of times .

lexilex

lexilex wrote: »

Originally Posted by lexilex
09/2013 - Saw property on RightMove, whilst on holiday!
04/10/2013 - First viewing
12/10/2013 - Second viewing.
14/10/2013 - Received London & Country decision in principle.
15/10/2013 - First and second offers made, both rejected.
16/10/2013 - Third offer made, rejected.
28/10/2013 - Met with a local broker, found out DIP from L&C wasn't valid and we would have to wait until end of Nov to get another DIP due to an issue with wage slips.
31/10/2013 - House sold!
09/11/2013 - House reappears on RightMove!
26/11/2013 - Got wage slips needed, met with new broker.
27/11/2013 - DIP with Santander. 85% LTV.
28/11/2013 - Offer finally accepted.
03/12/2013 - Full application with Santander and solicitors instructed.
10/12/2013 - More documents requested.
12/12/2013 - Docs submitted
16/12/2013 - SA302 submitted, application sent to underwriters.
02/01/2014 - Valuation instructed
03/01/2014 - Valuation carried out and mortgage offer.
04/01/2014 - Solicitors forms returned
05/01/2014 - Homebuyers survey booked.
09/01/2014 - Homebuyers survey carried out

Hope nobody minds but I could do with a bit of a vent among people in a similar position to ourselves.

Nothing seems to be happening at all. Our survey all came back okay, and about two weeks ago our broker said she had spoken to the solicitor and he was done, she even contact the EA to arrange dates. Now all of a sudden our solicitors are still waiting for some documents relating to our purchase, and the sellers solicitors are still awaiting replies to some questions they had. I asked for a rough idea of dates but he couldn't even give me that. Our solicitors keep telling us they will contact us with an update but if it wasn't for us chasing them we wouldn't have heard anything at all.

Currently got a washing machine and fridge freezer in my parents hallway and it feels like we're never going to complete.

Meanwhile we know people who had offers accepted weeks after us and have already completed. I know every situation is different but it's all very frustrating :mad:

Rant over

DaisyRose_3

Can't you threaten to change solicitors if things don't start moving by the end of the week? Oooh I wouldn't be happy..

chris344

chris344 wrote: »

Shared Ownership stair casing to 100%

Valuation obtained 17/12/13
Housing Association agreed price 9/01/14
Broker instructed 10/01/14
solicitor instructed 20/01/14
AIP from Woolwich 23/01/14
Valuation completed 03/02/14

Waiting for the Woolwich to process all documentation

Valuation completed 03/02/14

What happens if the valuation higher or lower?

DaisyRose_3

Valuation passed mortgage offered.

Now onto the solicitors..

No more renting, with 2 young children Im so pleased Im going to have them settled in a permanent home.

Jumping for joy! :j

Mikuma

Mikuma wrote: »

Update:
Thought I would join in too! First Time buyer so everyone seems to take an age! when in reality its not.

14/12/13 - 1st Viewing
14/12/13 - Offer made
16/12/13 - Offer accepted
16/12/13 - Solicitor instructed
17/12/13 - Mortgage in principle offered
21/12/13 - Signed application, ID and bank statements handed in at local branch
07/01/14 - Mortgage offer made (subject to Valuation) and Booking fee paid
08/01/14 - Confirmation Valuation Booked for 20/01/14
09/01/14 - Mortgage offer received
12/01/14 - Signed Mortgage Offer sent back to HSBC
18/01/14 - Signed Mortgage Deed sent back to Solicitor
22/01/14 - Valuation Report recieved, all OK

Just waiting for the searches to come back and the vendors to formally exchange on their property, then we are in business! Hope to be in by 14th Feb.

Well turns out the land title has some covenants/restrictions attached to it which is making it difficult to transfer to us! The solicitors are working to get these removed so doesnt cause any issues now and in the future. So have a little longer to wait

Annoyingly the house is now empty as the previous owners have exchanged on their new build property and moved in this weekend. So it's all ready for us to move in, just wish it was now!

Still looking at Feb 14th fingers crossed. Thats if the Land Regsitry play ball, as well as the landowners which imposed the restrictions on the original land sale.

bylromarha

bylromarha wrote: »

Originally Posted by bylromarha
Okay - here goes nothing. Will be good to see it typed out I guess in a few months from now.

28/11 - viewed house
28/11 - AIP given by HSBC
30/11 - 2nd house viewed - already had an offer on, so had to decide where to put offers. Offer put in with request of a quick decision.
2/12 - Offer accepted. Mortgage application completed.
3/12 - Paperwork requested taken to branch
Okay - here goes nothing. Will be good to see it typed out I guess in a few months from now.

28/11 - viewed house
28/11 - AIP given by HSBC
30/11 - 2nd house viewed - already had an offer on, so had to decide where to put offers. Offer put in with request of a quick decision.
2/12 - Offer accepted. Mortgage application completed.
3/12 - Paperwork requested taken to branch

17/12 - letter received asking for ID which they already had on file.
30/12 - rang to chase "just going to be passed to credit dept" - decision in 3 - 4 working days. Will call you by Friday 3rd Jan with a decision
6/1/14 - still nothing, so rang to be told that they were "just going to be passed to credit dept" - decision in 3 - 4 working days :eek::eek::eek:

After whinging, mortgage formally approved by phone @3.30pm
Surveyors rang to confirm EAs details to make an appt for survey.


7/1/14-Surveyors rang EA - vendors details passed on. EA rang us to confirm contact made. EA said surveyors want to do job by 16th January.
8/1/14 - Contract package received (minus F+F form)
9/1/14 - Contract package returned
13/1/14 - Rang EA to ask when survey was booked. After phone tennis with EA and vendor and surveyor today, 24th Jan booked. 16th Jan no longer possible due to vendor lack of contact (according to EA)

Still awaiting fixtures and fittings form - chased EA for it and apparently vendor still struggling to fill it in...they've had it since before Christmas...

17/1/14 - Fixtures and fittings form received. Query over cooker being left. Query resolved 20 Jan
24/1/14 - HB survey done. Valuation validates sale price :j Evidence of woodworm and asbestos found
3/2/14 - woodworm specialist in to check. Woodworm is historical
4/2/14 - asbestos man going in to do his checks.