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

Monkeysocks42

Monkeysocks42 wrote: »

We're now in the waiting game too:

Application with Nationwide to port existing borrowing
AIP 11/11
Full Application 13/11
Valuation booked for 20/11

With this and an exam to sit in under two weeks, I feel like my stress/panic levels are through the roof!

Just an update on our application. Mortgage valuation was done yesterday (20th), email received from Nationwide at 17.08 confirming they had the report and at 17.09 another email confirming our mortgage offer had been issued!! This is the second time we've obtained a mortgage with Nationwide and they were this efficient both times.

Now we can actually get excited about moving! :j

Paddy8214

In the waiting game, all done with Barclays through a broker as I had a wee bit of adverse that was all over 3yrs old, a CCJ £447, and a few late payments.

Dip- 12/11
Offer accepted - 14/11
App submitted - 18/11
Survey booked - 26/11

The_Lakesman

The_Lakesman wrote: »

Long story short I went to a high street bank for a mortgage which was my bank, explained my situation and asked if they could help me. I was divorced 8years ago and it was a messy divorce which resulted in my house being Repossessed. But with the sale of the house and a few years to pay back the remaining balance I cleared the debt. Now fast forward 8 years and a good credit score with Equifax I decided to try for another mortgage with my new partner now Wife. We put our house on the market and had a buyer who’s offer we accepted. So we put an offer in for a property which was also accepted. This is were it got complex, I had an AIP for £165000 so with £20k deposit from the sale of my partners house we had an offer accepted on a property for £185k. I was straight up with the bank went through everything with them about my past, they said it was ok as it was 8years ago and you now have a good clean credit file from showing them my Equifax file. But they said it passes it passes if it doesn’t it doesn’t.

Low and behold the credit score search came back good and everything was passed with not even a warning or anything on the screen.It’s now gone to the next stage the underwriters and valuation.

Has anyone had it passed by the credit search then turned down by the underwriter as we are panicking a bit as we are waiting for the official offer now but paid for land searched and valuation.

The banks mortgage adviser did say at first because of your repossessed property they may not be able to do the application but her manager said it shouldn’t be a problem now it’s been well over 8 years since the repossessed house.

So AIP accepted 28/10/19
Mortgage application passed with Credit search 14/11/19
Waiting for Official Offer now.

🤞🏻🤞🏻🤞🏻

Just an update 23/11/19

Mortgage offer on the table from Natwest.....:D:D:D

Gemma3378

Offer on house accepted on 13/11/19
Mortgage application completed on 19/11/19
Extra bank statements requested on 21/11/19
Valuation instructed on 22/11/19
More extra info regarding self employed accounts requested on 25/11/19

Gemma3378

How long was it from valuation to offer with Natwest?

dreiblathena

A wee update from FTB buyers in Scotland:

We finally 'exchanged' (concluded Missives) Yesterday 25.11, and are due to get the keys on Thursday. Lets hope everything goes smoothly. :j:j:j

Paddy8214

Just had a call from the EA to say valuation was done this morning. Anyone an idea on timeframes with Barclays from valuation to offer? Thanks

Ec0

Reserved new build on 8/11/2019
DIP received through broker from Barclays (including hard search) on 13/11/2019
Full mortgage application submitted on 15/11/2019
Valuation completed 22/11/2019
Formal offer received 26/11/2019

Hoping to exchange next week and complete by 13/12/2019 :T

Paulio15

Hi all, currently in purgatory awaiting our fate!

24/10 - Viewed property
25/10 - DIP with Barclays issued
26/10 - Offer on property, accepted in the afternoon, solicitors instructed...

Then various delays between estate agent and MB in between until...

19/11 - Full mortgage application submitted to Barclays
22/11 - Mortgage application approved subject to valuation
25/11 - Valuation takes place
26/11 - We wait and see

I have all things crossed for an answer soon!

SadeRose

Anxiously waiting for both mortgage offer and help to buy ATP, feel as if my whole life is just on hold.
02/11 Viewed property (new build)
03/11 Secured mortgage broker
04/11 First offer - declined
13/11 Second offer - accepted and financially qualified
21/11 AIP secured
21/11 Full application to precise submitted
22/11 Signed Declaration requested
22/11 lender emailed conveyancer
26/11 Help to buy emailed (amendments needed)