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

LegalCashier

Our FTB dream home is finally going ahead! We haven’t had a great start but (fingers crossed) all is going smoothly now.

Viewed the property back 17/02, offer was placed the same day and accepted 18/02. The sellers onward purchase accepted another offer and they took the property off the market 28/02 as they couldn’t find another suitable property.

02/04 - Call to say house is back on the market as the property the sellers wanted had come back on the market too and confirmed our original offer was still on the table
03/04 - Offer accepted for £1.5k more. Conveyancer instructed at the solicitors I work at.
08/04 - Second viewing to make sure they hadn’t knocked any walls down since the first viewing! And to discuss fittings, fixtures and timeline
10/04 - Meeting with Mortgage Broker
11/04 - Mortgage application with Halifax submitted and Homebuyers fee paid
12/04 - Halifax have requested signed offer letter from his employer as he changed jobs the week before

Valuation is booked in for 29/04

Hoping we can get the valuation moved sooner as soon as the additional offer letter is sent to Halifax

FTB1986

Hi All,

Just joined to get off my chest how stressful this is! FTB

11/3 accepted offer and AIP issued by Halifax
18/3 application put in by MB
21/3 payment to Halifax through MB of £200 for valuation
1/4 valuation completed with no issues identified
8/4 updates from MB that all looking good and mortgage offer should be in any day now
15/4 MB asked for March payslips for OH and I and also January banks statement (annoyed this wasn't asked for sooner as MB originally asked for latest one, which was Feb, and then March's last week)

Really hoping for news this week so we can then just focus on contract exchange etc and to let the sellers have peace of mind that we are genuine!

FTB1986

LegalCashier wrote: »

Our FTB dream home is finally going ahead! We haven’t had a great start but (fingers crossed) all is going smoothly now.

Viewed the property back 17/02, offer was placed the same day and accepted 18/02. The sellers onward purchase accepted another offer and they took the property off the market 28/02 as they couldn’t find another suitable property.

02/04 - Call to say house is back on the market as the property the sellers wanted had come back on the market too and confirmed our original offer was still on the table
03/04 - Offer accepted for £1.5k more. Conveyancer instructed at the solicitors I work at.
08/04 - Second viewing to make sure they hadn’t knocked any walls down since the first viewing! And to discuss fittings, fixtures and timeline
10/04 - Meeting with Mortgage Broker
11/04 - Mortgage application with Halifax submitted and Homebuyers fee paid
12/04 - Halifax have requested signed offer letter from his employer as he changed jobs the week before

Valuation is booked in for 29/04

Hoping we can get the valuation moved sooner as soon as the additional offer letter is sent to Halifax

Would be interest to hear about your timelines as ours have been with Halifax as well and we had valuation completed on 01/04 and still don't have formal mortgage offer

RhiLuckins

Joining in to share in the stress as OH is so laid back he's almost horizontal!
Our timeline is as follows
16/3 - meeting with MB, asked for documents etc
20/3 - DIP from Virgin Money
4/4 - viewed house, offer made
5/4 - offer rejected, amended offer made
8/4 - offer accepted
9/4 - DIP from Bank of Ireland (better rate), solicitor instructed
11/4 - full application submitted through MB
12/4 - questions from lender about some bank transactions answered through MB
15/4 - heard from MB that all is well, just pending valuation report which is booked for 18/4

Fingers crossed all will be ok!

FTB1986

katherz44 wrote: »

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

How long did it take after for formal offer? Our valuation was 1/4 and still waiting

Amoux

Oh my days! Applied online and It's been almost 2 weeks and we are still waiting for our mortgage pack from Leeds Building Society. We've not received even a single bit of correspondence from them.

I believe this comes prior to them even assessing your application so I see no reason why it would take so long to just send a mortgage pack - we haven't even got to the hard bit yet!

We have all the supporting documents ready to go, but it just seems like this bank is just sitting on our application for god knows why. Called them up on Friday and they couldn't explain the delay but said that the mortgage pack should arrive by Monday (it hasn't).

jasperconran

soooooooooooo update! My broker emailed me this afternoon, was really hoping it would be our offer!! but no kensington had come back to him with about 5/6 questions they wanted answering

rang our broker in a blind panic lol. but he said look dont panic its just standard as its been a good 5/6 weeks since the original application (whose fault is that lol) they just need to tick their boxes. I mean for real?!

we are now just hoping and praying that this is it!!! I would like to think that they have accepted the figures and that this is the last bit of the puzzle. I hope so. my nerves are shot! we are due to exchange next wednesday :eek::eek::eek:

lumpyspaceprincess

Small update here too, need to prove deposit again as we're adding slightly to it, unfortunately I don't get another bank statement until the 7th, so need to work out what they will take as proof!

mazibee

Hi All,

We are FTBs

20/03 AIP issued by Halifax, viewed many properties before puting an offer

10/04 Put an offer on property we liked and offer rejected.
11/04 Increased our offer. Offer Accepted
11/04 Solicitors instructed, Property marked as SOLD STC.
12/04 Application put in by MB but lender was Santander. Received text at 17:00 from Santander (We are pleased to receive your mortgage application)
16/04 Called MB for an update and he said that MB has received query, lender has asked for more proof of address I forwarded him the Council Tax Bill / Water Bill / Driving Licenses he has forwarded the same to lender. MB also told me the valuation has been instructed,but we have not received any message from Santander regarding that.
Hopefully the next process / steps will be easier and will hear the good news soon.


As being FTBs we have no idea what will happen next and getting anxious with eash passing day.

Sophyanne

Hi All,

First Time buyer - shared ownership - so completely lost with regards to the process.

Reserved my plot - July 2018 - Everything put on hold too early to make an mortgage application.
Affordability done and passed - 1st March 2019
AIP sent to Leeds, then sent to underwriter - 6th March 2019
AIP approved by Leeds - 7th March 2019
Solicitors Instructed - 7th March
All documents requested signed and sent over to MB - 10th April
Solicitors Contracts Recieved - 11th April
Documents compliance checked and approved by MB - 15th April
Full Application sent to Leeds - 16th April
Today - 17th April - Email to say valuation booked for 18th April.

Fingers crossed it wont take too long to get my mortgage offer through seen as though things seem to be moving quickly with Leeds! I cant wait to join everyone with there offers!