Waiting to exchange

Newbieforumer

Everything is done valuation searches, mortgage agreed but is at final checks waiting to be issued to offer. So nervous at the mo....
Anyone know how long it takes to be issued and sent out, BTW it's with the mortgage works.
Thanks

Newbieforumer

Newbieforumer wrote: »

Everything is done valuation searches, mortgage agreed but is at final checks waiting to be issued to offer. So nervous at the mo....
Anyone know how long it takes to be issued and sent out, BTW it's with the mortgage works.
Thanks

Any advice please?

nuzik

4-6 weeks from application.
If you have had a valuation the last part is just going through those documents have they asked for extra proofs? if not should be a week or so

Newbieforumer

Thanks Nuzik, everything has been done and no extra docs requested. It's been at final checks for nearly 2 weeks. Application was done 2nd feb. Seller is going to pull out if not exchanged by this Friday. I have been told by my broker that nationwide are experiencing delays because they have introduced new rates? But then I'm reading that some have their offers issued 2 days after the valuation? Confused and stressed.com!

fioney25

Hi I'm also waiting to exchange - Not heard from Solicitor or Broker for a while. Offer was made on 9th Feb, all insurances in place and all docs signed and sent to solicitor.

Not sure how long this part of the process takes?

Lovem

tbh I would be getting on the phone to them myself to find out what is the hold up. According to this you should have had it by now :http://www.nationwide.co.uk/~/media/MainSite/documents/products/mortgages/Home-mover-mortgage-infographic-P2656.pdf

kingstreet

fioney25 wrote: »

Hi I'm also waiting to exchange - Not heard from Solicitor or Broker for a while. Offer was made on 9th Feb, all insurances in place and all docs signed and sent to solicitor.

Not sure how long this part of the process takes?

Everyone in the chain has to be at the same point and a completion date agreed between all parties.

Then they can exchange contracts.

kingstreet

Lovem wrote: »

tbh I would be getting on the phone to them myself to find out what is the hold up. According to this you should have had it by now :http://www.nationwide.co.uk/~/media/MainSite/documents/products/mortgages/Home-mover-mortgage-infographic-P2656.pdf

It isn't Nationwide, it's The Mortgage Works.

Newbieforumer

kingstreet wrote: »

It isn't Nationwide, it's The Mortgage Works.

Yes sorry it is TMW! I thought it was the same.....:rotfl:
I have recieved in the post today key facts amount of mortgage etc, not the offer yet unfortunately. I have checked the service levels for them and it's showing 12 days from application.....