We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 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!
Is this mortgage Application even progressing?
Options
pookied87
Posts: 41 Forumite
Every week Newcastle BS are coming back for documentation and dragging things out.
Everything they have asked for so far!
- Last 3 months payslips
- p60
- Employment refrences of the last 2 years.
- A full copy of Experian credit report.
And all the basic information like ID Address history etc.
Just seems like they are dragging this out! put in full application on 16/03/15 :mad:
Not even gone to formal underwriting yet...
Is this typical of them to request this information?
Everything they have asked for so far!
- Last 3 months payslips
- p60
- Employment refrences of the last 2 years.
- A full copy of Experian credit report.
And all the basic information like ID Address history etc.
Just seems like they are dragging this out! put in full application on 16/03/15 :mad:
Not even gone to formal underwriting yet...
Is this typical of them to request this information?
0
Comments
-
Welcome to the world of the smaller building society where candles and quill pens are still in vogue.
What does your broker say?I am a Mortgage Broker
You should note that this site doesn't check my status as a Mortgage Broker, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.0 -
Full app only put in 2 weeks ago, its hardly a long time ago.
There are quicker lenders, if speed was an issue did you tell your broker before you agreed to apply?I am a Mortgage Adviser
You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.0 -
Shame we don't have the "one case one thread" rule on here.
IIRC the OP has been declined by one lender and this is the broker's response, Newcastle BS.I am a mortgage broker. You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice. Please do not send PMs asking for one-to-one-advice, or representation.0 -
I've had a mortgage with Newcastle BS in the past (when I was a FTB) the process was quite quick from what I remember
I had to give payslips but not a experian credit report or references
This was in 20100 -
kingstreet wrote: »Shame we don't have the "one case one thread" rule on here.
IIRC the OP has been declined by one lender and this is the broker's response, Newcastle BS.
Ahhh. So not really in a position to be picky about how quick a lender is or what they request then!
I'm sure the broker has it covered, OP just be patient, if its meant to be it will be.I am a Mortgage Adviser
You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.0 -
chelseablue wrote: »I've had a mortgage with Newcastle BS in the past (when I was a FTB) the process was quite quick from what I remember
I had to give payslips but not a experian credit report or references
This was in 2010
Thats probably not going to help the OP mindset is it?
Also any experience before April 2014 is irrelivant.I am a Mortgage Adviser
You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.0 -
To be fair, any experience prior to this morning can be irrelevant with lenders.I am a Mortgage Broker
You should note that this site doesn't check my status as a Mortgage Broker, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.0 -
Thank you for your Replies.. I agree would be much easier if there was a one case one thread On here. Contacted our MA and have been told all documentation is satisfactory and with the underwriters should hear something by tomorrow, if not Tuesday!.. So hopefully this is it only 8 weeks of misery lol..0
-
A lender can take its usual data feed from a CRA, but it can't get the whole report and may wish to see a whole six year period including electoral roll history.Shouldn't it be their job to get that, not yours?I am a mortgage broker. You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice. Please do not send PMs asking for one-to-one-advice, or representation.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 350.8K Banking & Borrowing
- 253K Reduce Debt & Boost Income
- 453.5K Spending & Discounts
- 243.8K Work, Benefits & Business
- 598.6K Mortgages, Homes & Bills
- 176.8K Life & Family
- 257.1K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards