We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
FTB Help DIP ok, what else could go wrong?
STG_2015
Posts: 44 Forumite
I have a DIP with Nationwide, does this mean they have done a credit check and all is ok?
I am doing help to buy and have the authority to proceed.
25/02/15- Full mortgage application is going through with Nationwide
Valuation booked for Tuesday 4/3/15, its a new build and the house has been reduced for a quick sale so I can't see any issues with the valuation or surveys.
What else could go wrong? The developers want us in in the next 2 weeks, do I risk handing in my notice on my rented property hich they have said I can extend week by week if needs be or wait?
I am just worried for some reason they will change their mind about giving us a mortgage.
We are borrowing 2 x our joint annual salary, both have fair- excellent credit ratings depending which site (noodle, equifax, experian) the mortgage will only be an additional £50 a month compared to our rent and according to the budget planners we can easily afford it.
What is everyones experience of the Nationwide mortgage process at the moment is it relatively quick or not?
I am doing help to buy and have the authority to proceed.
25/02/15- Full mortgage application is going through with Nationwide
Valuation booked for Tuesday 4/3/15, its a new build and the house has been reduced for a quick sale so I can't see any issues with the valuation or surveys.
What else could go wrong? The developers want us in in the next 2 weeks, do I risk handing in my notice on my rented property hich they have said I can extend week by week if needs be or wait?
I am just worried for some reason they will change their mind about giving us a mortgage.
We are borrowing 2 x our joint annual salary, both have fair- excellent credit ratings depending which site (noodle, equifax, experian) the mortgage will only be an additional £50 a month compared to our rent and according to the budget planners we can easily afford it.
What is everyones experience of the Nationwide mortgage process at the moment is it relatively quick or not?
0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.7K Banking & Borrowing
- 253.4K Reduce Debt & Boost Income
- 454K Spending & Discounts
- 244.7K Work, Benefits & Business
- 600.1K Mortgages, Homes & Bills
- 177.3K Life & Family
- 258.3K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards