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

JustJane101

anerise said:

Heard from mortgage advisor today that NatWest have approved our mortgage subject to valuation. That was a nice piece of good news. We’re 95% LTV so have to wait until lockdown is over for a valuation and the formal offer.

updated timeline
First time buyers, 95% mortgage (5 year fix)
29/2- house viewing
2/3- put in first offer
4/3- final offer accepted after 2 days of back and forth
5/3- chain complete, solicitor instructed
6/3- first chat with mortgage broker
16/3- AIP with NatWest
18/3- full application submitted through broker
23/3- valuation booked
24/3- Lockdown! Valuation now on hold
27/3- underwriters asked for some more info
31/3- mortgage approved subject to valuation...now we wait!

Well done! That is very exciting!!!!!

I'm still waiting. Broker originally said I would have an update on the new docs I submitted last wednesday by close of play yesterday, but now apparantly I should hear back by today. I'm out of hope though. 

Dreamingandimpatient

Had a text from Nationwide today to say that our valuation is on the 2nd April, this is a remote valuation. Fingers crossed.  

mard3010

First time buyers, 85% mortgage (3 year fix)
Help to Buy, 10% 
Deposit, 5%
28/02 - Flat viewing
02/03 - Make reservation
06/03 - Application to HTB Sent
07/03 - AIP with Halifax (through Broker)
18/03 - Sent to underwriters (I have a note of correction on credit  reports as I cannot vote in UK so I am not in the roll)
18/03 - Mortgage approved subject to valuation
20/03 - Valuation done
24/03 - Valuation report received 
25/03 - ATP from HTB agent received
31/03 - Offer Issued and Sent by post (confirmation email from Broker)

JustJane101

I am still waiting on any update from Kensington.

My vendor is emailing me every day to see if i have an update. I'm extreamly worried that she is going to pull out of the sale if I don't get anything soon. I have barely slept. I know there are things going on in the world and I feel extreamly selfish for wanting an answer, but I honestly believe this is my only chance to get on the property ladder until companies begin doing 95% mortgages again, which we don't know when that will be.

Application went in on the 05.03. It has been a long month.

Thrugelmir

JustJane101 said:

I am still waiting on any update from Kensington.

My vendor is emailing me every day to see if i have an update. I'm extreamly worried that she is going to pull out of the sale if I don't get anything soon. I have barely slept. I know there are things going on in the world and I feel extreamly selfish for wanting an answer, but I honestly believe this is my only chance to get on the property ladder until companies begin doing 95% mortgages again, which we don't know when that will be.

Application went in on the 05.03. It has been a long month.

Personally I would never have direct contact with the other party! Communication is best done through the EA. The situation is out of your control. 

JustJane101

Thrugelmir said:

JustJane101 said:

I am still waiting on any update from Kensington.

My vendor is emailing me every day to see if i have an update. I'm extreamly worried that she is going to pull out of the sale if I don't get anything soon. I have barely slept. I know there are things going on in the world and I feel extreamly selfish for wanting an answer, but I honestly believe this is my only chance to get on the property ladder until companies begin doing 95% mortgages again, which we don't know when that will be.

Application went in on the 05.03. It has been a long month.

Personally I would never have direct contact with the other party! Communication is best done through the EA. The situation is out of your control. 

Estate agent closed it's doors a few weeks ago for the forseable future - unfortunatly it's the only way I can contact her now. Trying to buy some more land, so need to talk to her.

annetheman

I don't want to jinx it but looking very likely the developer would consider a lower offer... I will know by end of the week - OMG this could actually happen, I had completely abandoned all hope...!

Thrugelmir

JustJane101 said:

Thrugelmir said:

JustJane101 said:

I am still waiting on any update from Kensington.

My vendor is emailing me every day to see if i have an update. I'm extreamly worried that she is going to pull out of the sale if I don't get anything soon. I have barely slept. I know there are things going on in the world and I feel extreamly selfish for wanting an answer, but I honestly believe this is my only chance to get on the property ladder until companies begin doing 95% mortgages again, which we don't know when that will be.

Application went in on the 05.03. It has been a long month.

Personally I would never have direct contact with the other party! Communication is best done through the EA. The situation is out of your control. 

Estate agent closed it's doors a few weeks ago for the forseable future - unfortunatly it's the only way I can contact her now. Trying to buy some more land, so need to talk to her.

EA not working remotely? 

JustJane101

EA not working remotely? 

Bizare but no. Concidering they are an online EA primarily, their local staff aren't working from home!!!!!

JustJane101

annetheman said:

I don't want to jinx it but looking very likely the developer would consider a lower offer... I will know by end of the week - OMG this could actually happen, I had completely abandoned all hope...!

OHHHH EXCITING! I'm keeping everything crossed for you!