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

Guerillatoker

Just hit the down valuation speed bump, might send my purchase careering off the road. My Homebuyers Report over valued it, so I'm pretty upset.

mihaicraciunph

mihaicraciunph wrote: »

17/01/19: Applied today with Nationwide via L&C.

Very lovely person on the phone, said she's done the affordability and it seemed ok and she's passed everything onto nationwide.

She only asked me and my partner for last month's payslips only though, which I found odd, but she did say if they do ask for more it's likely to be last 3 payslips / bank statements, so have them prepared and if they need it she'll ask for them.

Got the offer today!

So hopefully the solicitors move quickly now! Want to move into my first home

katherz44

I'd like to join in too please...

Firstly congratulations to everyone who had received their official offers!

Our timeline is:
Friday 1st Feb
House viewing
Mon 4th Feb
AIP with Meridian Mortgages
Sat 8th Feb
Reserved plot (completion due May 2019)
Monday 10th Feb
Application submitted to Help to Buy
Fri 15th Feb
Full Application Submitted to Halifax via Meridian Mortgages. Advisor showed us that it's accepted but now onto the valuation stage.

mihaicraciunph

katherz44 wrote: »

I'd like to join in too please...

Firstly congratulations to everyone who had received their official offers!

Our timeline is:
Friday 1st Feb
House viewing
Mon 4th Feb
AIP with Meridian Mortgages
Sat 8th Feb
Reserved plot (completion due May 2019)
Monday 10th Feb
Application submitted to Help to Buy
Fri 15th Feb
Full Application Submitted to Halifax via Meridian Mortgages. Advisor showed us that it's accepted but now onto the valuation stage.

Make sure you chase it up. I had to chase mine up as the broker I think have the wrong contact number for the seller and they couldn’t book the valuation until I rang nationwide direct and told them- 3 days from when I rang them to offer.

katherz44

@mihaicraciunph Thank you! This weekend has felt like the longest weekend in history!
The sales office for our development is only open Monday, Friday, Saturday and Sunday so I'm wondering if the valuation is booked via the developers sales office or their head office?!

I'll try to be patient and not start chasing this early in the process, especially seeing as our mortgage application only went in very late on Friday evening ��

James91

Hi everyone

Had an approval in principle accepted with Coventry building society , hard credit search done at the AIP stage , full application completed along with monthly payments and interest charges , just waiting for it to come through so we can sign and send it back , they have only asked for last pay slip , last p60 , proof of identification and proof of address .

Does this mean they only need to check income and confirm we are who we say we are ?

Thanks in advance

Viki2410

Thought I would add my timeline below:

23/09/18 - Viewed Plot/Plans
28/09/18 - DIP Received
30/09/18 - Reservation (New Build)
7/12/18 - H2B Application Submitted
12/12/18 - H2B Application Resubmitted due to incorrect sums
17/12/18 - H2B AIP Received
10/01/19 - Paid Solicitors to start searches to show willing as did not want to exchange contracts until March (agreed with Persimmon)
14/02/19 - Received call from Solicitors to say searches have not been done and Solicitor we have been communicating with is actually not looking after our account since December...
14/02/19 - New DIP with Aldermore
15/02/19 - Full Application sent in to Aldermore
15/02/19 - Hard Searches done
18/02/19 - Sent back Signed Declaration and Direct Debit Form and answered questions about outgoings (all happy with that)
18/02/19 - New Solicitors instructed
21/02/19 - Valuation Booked

Annoyingly we're 4 weeks behind where we should be due to the original solicitors not doing what they were paid to do and having to instruct new solicitors. But Aldermore are moving pretty quickly and were lucky that the broker is keeping us updated. I guess next week we will be looking at an update sometime, fingers crossed!

PurpleGown

1st viewing - 5th Feb
2nd viewing - 16th Feb and placed offer
18th Feb - Offer accepted by buyer
19th Feb - DIP completed and mortgage accepted

Now the waiting game.. and issues with land registry from house we are selling.

clairet707

Got the offer today, signed the mortgage deed and posted it back - aiming to exchange friday, complete next friday :T:T:T:D:D:beer::beer:

katherz44

clairet707 wrote: »

Got the offer today, signed the mortgage deed and posted it back - aiming to exchange friday, complete next friday :T:T:T:D:D:beer::beer:

Woohoo!! Congratulations!

Our mortgage application went in to Halifax on 15th Feb, just found out the valuation is booked for Friday and all being well should have our mortgage offer mid next week!! Fingers crossed