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

Teamocil

Just had my approval. It's a new build and I'm currently renting so should be moving within a few weeks

jaelato1

Teamocil wrote: »

Just had my approval. It's a new build and I'm currently renting so should be moving within a few weeks

Finally :T

Loobear5

After the longest 2 weeks of my life we finally had our approval this morning!!!
We were declined with nationwide last year so it's been a stressful waiting process but everything has been so quick and efficient with Halifax
20.8 - application started - pay slips requested and valuation fee paid

27.8 - valuation takes place

30.8 - receive letter to say Halifax will lend the required amount and a break down of the valuation

31.8 - one bank statement requested to show my pay going into my bank as there was an admin error on my pay slips (nervous at this point as bank statement showed me going into my over draft)

3.9 - application approved!!!!

Good luck to everyone waiting, stay positive as we were declined last year but approved this time and not really any changes to circumstances x

joanars

CornwallFTB wrote: »

Hi all,

FTB's here, long time lurker so thought I'd post our timeline here. We going through with the PO via L&C Mortgages.

Offer Accepted on property, solicitors instructed (Had outline DIP from L&C, but waited until we found the right property before committing to a specific lender)
15th Aug - Submitted DIP with PO- Hard Search done & referred
20th Aug - DIP Approved & Application Submitted
21st Aug - Soft Search done (seems an odd way round!)
22nd Aug - Docs Submitted - Bank Statements, Payslips etc.
30th Aug - Further docs submitted - 3 years of P60's for me.

Waiting for the valuation to be booked in & fingers crossed we'll get the mortgage through.
All the usual solicitors work has been going on in the background; I'm sure the end of summer hols/bank holiday weekend has caused a few delays so its not been as quick as the PO make out on their website!

We are going with PO as well. As per my previous update post, our mortgage was approved subject to valuation last Wednesday 29th. Valuation was instructed and carried out on Friday 31st together with homebuyers survey. Still waiting to hear the results, hopefully sometime tomorrow.

CornwallFTB

I saw, great news!
Think we're just in the waiting game; agents are chasing about the valuation but as the PO are paying for it I can see why they'd perhaps wait until they approve an application until arranging it. Fingers crossed we hear soon - just that limbo feeling at the moment whilst other people do things.

synavm

Still ongoing but there's progress..

16/07 DIP approved
19/07 Full application sent off in branch, pay slips and gifted deposit form supplied
19/07 Valuation booked in
20/07 Bank Statement requested
23/07 Valuation carried out
23/07 Additional bank statements requested and letter from Dad showing how his gift will be used to clear credit card/car loan
26/07 Phoned to chase valuation, NW confirm it has been received along with additional documents and have been sent back for review
27/07 Nationwide underwriters decline application
02/08 Natwest Application submitted, ID and documents uploaded
03/08 ID and documents reviewed
07/08 Valuation report received
08/08 Natwest underwriters decline application
14/08 TSB AIP/Mortgage Promise approved
17/08 Full application with TSB submitted, a couple of additional docs requested
21/08 Additional docs supplied
29/08 Valuation carried out
31/08 Told that all checks were satisfied, final checks at central office
03/09 Additional document requested, told they'll be going to offer once final document is assessed. Hand in said document to branch.

Hopefully we bring this to a close with a formal offer this week! Really impressed with TSB to be fair. For all the flak they've had, they've been very communicative and the process has been fairly efficient on their end.

joanars

Our mortgage offer was issued today! Yay! :beer::beer::beer:
Here's a full timeline of our application:

24.07 - AIP received from Post Office for £190k. Valid for 30 days.
24.07 - Hard search carried out by the Bank of Ireland.
18.08 - Viewed property we liked.
20.08 - We submitted our offer for the sum of £182k to estate agent and it was accepted shortly after on the same morning.
20.08 - Contacted MA and instructed solicitor.
21.08 - Full mortgage application submitted. Money for valuation and homeburyers survey taken from bank account, but on hold until the mortgage passes finance and credit checks.
22.08 - Solicitor had to be changed as he was not on the PO panel.
23.08 - New solicitor instructed but on hold until we get the mortgage agreed.
23.08 - Soft credit check carried out by the Bank of Ireland.
28.08 - PO came back querying two bank transactions.
29.08 - Mortgage approved subject to valuation.
31.08 - Valuation carried out together with homebuyer's survey.
03.09 - Valuation report has come back accepted and the mortgage offer was issued.

That was a lot quicker than what I was expecting it to be!! We only just received our solicitor pack in the post today! :T:T:T

missmellykay

20/8 Sent application
21/08 Valuation Instructed
31/08 Asked for further information
03/08 Approved

I was going out of my mind googling accord mortgages but I think this looks great. Haven't completed yet but that's pretty damn good!

Yay..

I can order some cushions now

LucasH

Hi all,

I'm 30, looking to buy my first house with my gf, we're going to be doing the help to buy isa.
House is £220K
10% deposit. (£20k)
We both have decent careers, a good credit score on experian, no credit cards, loans etc.

However when I was younger I was silly with money and had a lot of debt. Thankfully all this has been paid off and not within the last 6 years credit file. But 1 of the debts I paid off in July. so although it doesnt show on my credit file it shows on my bank statement.

Do you think this will matter at all to barclays? All I've been doing the last few years is pay stuff off.

Thanks

L

LucasH

missmellykay wrote: »

20/8 Sent application
21/08 Valuation Instructed
31/08 Asked for further information
03/08 Approved

I was going out of my mind googling accord mortgages but I think this looks great. Haven't completed yet but that's pretty damn good!

Yay..

I can order some cushions now

Congrats on the approval, if you don't mind me asking, what additional information did they ask for?