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

lnix91

My recent experience with Nationwide..


31/08 - DIP
06/09 - Full mortgage application
11/09 - Text to say valuation is booked
13/09 - Valuation takes place
14/09 - Text to say valuation report received and approved
17/09 - Text to say my mortgage offer has been issued


Its all happening very quickly!

Lews100

lnix91 wrote: »

My recent experience with Nationwide..


31/08 - DIP
06/09 - Full mortgage application
11/09 - Text to say valuation is booked
13/09 - Valuation takes place
14/09 - Text to say valuation report received and approved
17/09 - Text to say my mortgage offer has been issued


Its all happening very quickly!

I wish it was going as quickly for me.. M&S have had my valuation back for a week now

FTBTom

Submitted application last Monday and uploaded the documents they requested. Later the same day we got notified that they are happy with our documents and have booked the survey. I know for a fact that the survey took place on Tuesday (Estate agent told me). Today I have received notification that the underwriters have approved our application subject to the valuation checks.

Should i be worried that the valuation was done nearly a week ago but they haven't green lighted it yet? Is this normal?

LucasH

Lews100 wrote: »

M&S FTB -
AIP - 04/09
Full Application - 04/09
Valuation - 10/09

I'm hoping to hear back today / this week now. Who knew waiting for a decision like this could be so painful.

Our valuation was booked for today. Its a stressful time. We submitted on the 10th. Can underwriters do their stuff in a week? (10th - 17th)

LucasH

FTBTom wrote: »

Submitted application last Monday and uploaded the documents they requested. Later the same day we got notified that they are happy with our documents and have booked the survey. I know for a fact that the survey took place on Tuesday (Estate agent told me). Today I have received notification that the underwriters have approved our application subject to the valuation checks.

Should i be worried that the valuation was done nearly a week ago but they haven't green lighted it yet? Is this normal?

Would the underwriters check the docs within a day? Seems quick

LucasH

lnix91 wrote: »

My recent experience with Nationwide..


31/08 - DIP
06/09 - Full mortgage application
11/09 - Text to say valuation is booked
13/09 - Valuation takes place
14/09 - Text to say valuation report received and approved
17/09 - Text to say my mortgage offer has been issued


Its all happening very quickly!

Brilliant news. Congrats. So between 6th and say the 11th - the underwriters checked docs etc?

LucasH

Spoken to barclays regarding an update on my valuation, the gent mentioned it hadn't been in yet but to try back in a few days. He did also mention it shows up as payslip and bank statement still outstanding, but he did mention that sometimes it says this until the valuation is back and everything gets processed at once.

Anyone heard this before or was that guy robbing me off?

Thanks

L

jaelato1

FTBTom wrote: »

Submitted application last Monday and uploaded the documents they requested. Later the same day we got notified that they are happy with our documents and have booked the survey. I know for a fact that the survey took place on Tuesday (Estate agent told me). Today I have received notification that the underwriters have approved our application subject to the valuation checks.

Should i be worried that the valuation was done nearly a week ago but they haven't green lighted it yet? Is this normal?

It normal espeically if your case is pretty straight forward e.g. permanent job, little to no debt, good credit history or if you bank with lender

LucasH

jaelato1 wrote: »

It is rare but normal espeically if your case is pretty straight forward e.g. permanent job, little to debt, good credit history or if you bank with lender

There's hope for me yet

NicolaScot

AIP - 06/09
Verbal offer made and accepted - 07/09
Written offer made - 10/09
Written offer accepted - 11/09
Mortgage application made - 13/09
Valuation booked for 20/09

Keeping everything crossed!