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

Kiwistrawb1990

Liamo3 said:

Just got confirmation mortgage approved. Awaiting formal offer just over 2 weeks all in all.

Congratulations!!!! Chuffed for you, hopefully our good news will come this week too

heston2014

adierei said:

heston2014 said:

Hi,

Submitted an application to HSBC yesterday, but unfortunately, had missed one of main expenditure on the form. It went to “Decision obtained” and full credit check, I tried updating it but there was a fatal error on the online application. So I rang customer services and was advised to submit a new application and first one would be cancelled. Did that and it’s gone to “Decision obtained” status again. Solicitor and valuation option provided, but as it’s a joint application, under “who’s applying”, it’s showing my husband’s status as “awaiting details”. 

We haven’t received any request to upload documents yet, I’m confused why it’s showing “Decision obtained” AND “Awaiting details”.

My husband is going to log in to check his details, in case something’s holding things up.
Why would it say “Decision obtained” at this stage? 

I can also see two hard search on my credit file from the two applications yesterday. So not sure what to make of it, as surely, no one has looked at our application that quickly?

I think the hard search is automatic rather than by a person. We had hard searches before underwriting and then 4 soft searches about 3 days before we got our offer subject to val. 

The details for the second applicant come through the post (we applied on a Thursday and they came on the Monday). The second applicant then has to ring and activate their details. Once that happened, our application went from decision obtained to application under review. 

adierei said:

heston2014 said:

Hi,

Submitted an application to HSBC yesterday, but unfortunately, had missed one of main expenditure on the form. It went to “Decision obtained” and full credit check, I tried updating it but there was a fatal error on the online application. So I rang customer services and was advised to submit a new application and first one would be cancelled. Did that and it’s gone to “Decision obtained” status again. Solicitor and valuation option provided, but as it’s a joint application, under “who’s applying”, it’s showing my husband’s status as “awaiting details”. 

We haven’t received any request to upload documents yet, I’m confused why it’s showing “Decision obtained” AND “Awaiting details”.

My husband is going to log in to check his details, in case something’s holding things up.
Why would it say “Decision obtained” at this stage? 

I can also see two hard search on my credit file from the two applications yesterday. So not sure what to make of it, as surely, no one has looked at our application that quickly?

I think the hard search is automatic rather than by a person. We had hard searches before underwriting and then 4 soft searches about 3 days before we got our offer subject to val. 

The details for the second applicant come through the post (we applied on a Thursday and they came on the Monday). The second applicant then has to ring and activate their details. Once that happened, our application went from decision obtained to application under review. 

Had to ring HSBC on Saturday to reconfirm my husband's details, our first application had to be cancelled due to a fatal error.  The second application required confirmation again as it's a joint application. Today, we received a link to upload documentation. So far, latest payslips, proof of bonus and pension contributions were asked to be provided.
So our timeline so far:
23/05 - DIP obtained
26/06 - Offer accepted on house
26/06 - Full application submitted twice due to an error, two hard searches showing on credit file
27/06 - Confirmed joint applicant details
29/06 - Received email with link for uploading our documentation

Waiting for the next step, keeping everything crossed. 

Kambucha

Liamo3 said:

Just got confirmation mortgage approved. Awaiting formal offer just over 2 weeks all in all.

Congratulations, whats the difference between mortgage approval and formal offer ? how long will that take?

Memie

Congratulations everyone getting offers we are waiting! Is it just me that feels bad chasing the broker 

regards

bee 🐝 

KJB_D

Memie said:

Congratulations everyone getting offers we are waiting! Is it just me that feels bad chasing the broker 

regards

bee 🐝 

I am waiting too! We applied directly, but we chase up fairly often!  

josie01234

Hi I’m still waiting too. Nothing from Skipton in over 2 weeks since application was received. No updates. No news is good news I guess! 

hbrad01

I'm waiting too for a new build...been waiting since March due to covid. Valuation took place fri 19th Valuation accepted fri 26th...now I wait - I am ao impatient 

anteguardian

Congratulations to everyone recieving their decisions and offers!
Such a wait off your shoulders - make sure to celebrate your motivation in getting through uncertainty! 

Liamo3

Kambucha said:

Liamo3 said:

Just got confirmation mortgage approved. Awaiting formal offer just over 2 weeks all in all.

Congratulations, whats the difference between mortgage approval and formal offer ? how long will that take?

Hi I contacted the advisor today and they confirmed over the phone it was approved by Senior Underwriter. They actually then emailed a formal offer with documents etc.

bethanyjade92

Hi, been looking through all the posts, nervously awaiting a decision from NatWest.... 

22/6 full application submitted 
24/6 valuation
25/6 valuation report received 
We are both employed, the only pending arrows are for our payslips! Fingers crossed to hear back soon! Anyone else currently waiting for a decision from NatWest?