Nationwide mortgage

Jess716

Yeah they always conduct another search, the first isn't looked into in as much detail for the dip I was told.
But the underwriters will look at it more closely.
They can pull your mortgage to one side up until the day it completes for auditing. Scary

fairyloveheart

Now I'm confused. I just looked back on emails from the broker who said although I would have to pay the survey fee on application, nationwide wouldn't action the survey until after they made their decision so then they would refund if they didn't carry it out. I misunderstood as thought he said we would pay later and he had negotiated that but he didn't lol. No money has gone from my account though! I did give all the payment details.....
Strange

Jon_B_2

I think your broker is leading you on tbh.

Jess716

Jon - who are you directing that to?

xxlauxx

Tiny update from me (nothing major)
Had an email from a direct person introducing themselves as our point of contact, said that out paperwork is now with head office for approval and if that is approved then they will request a valuation. Everyone else seems to tell me that the valuation happens before its looked at etc so ours seems a bit different?!?
Never the less, it's nice to have a point of contact and nice to know where we stand!

Jess716

Xxlauxx that's great. At least you know it's moving along now. If you go direct I'm sure it will probably be slightly different than going through a broker anyhow.
When did you get your email?

I'm hoping now we know they've checked our credit file again thay it means we will hear back this week as surely they must be looking into our file now

xxlauxx

We revived that email today. According to their guide on the website it's about 48 hour turnaround to Approve documents. So hopefully Tuesday and then book valuation.
Ah Jess I hope u hear ASAP. Make sure you keep us updated! Has to be a good sign with the credit check.

fairyloveheart

Found some useful info explaining the dip refer process on the intermediaries website, I get it now!

I’ve got a message saying my case has been referred. What does this mean and what will happen next?
This means the case needs more investigation and must be reviewed by an underwriter. There are a number of reasons why this may be, such as we might not be able to verify details for an existing customer, the applicant’s credit history may not be satisfactory etc.

Before reviewing the case, the underwriter will need to check all requested requirements so please ensure everything’s attached to avoid delays.

It’s also very important to ensure that the information you’ve keyed is accurate. If anything’s incorrect, you’ll be sent an underwriting request to make changes, which will cause further delays.

What’s the process for assessing a DIP refer?
When all the correct documents have been received and the proofs have been assessed and verified, the documents will then be forwarded to an underwriter to make a final decision.

How can I find out the outcome of a DIP refer?
Once a full underwriting decision has been made, you’ll be notified of the decision via NFI Online > Case home > DIP.

Your decision outcome will either be a ‘subjective accept’ or ‘subjective decline’. We won’t provide a decision on a ‘subject to’ basis.

If the outcome of the referral is a ‘subjective accept’ then you can proceed to full mortgage application. Providing there are no further changes required, the only outstanding case requirement will be the valuation report.

xxlauxx

That's good info fairy! We used to be able to track ours online while it was just the dip, but it gave us the option to carry on with the full application anyway so we did. As soon as we did the full application then the tracker wouldn't log us in. This is why we just have to sit and wait now.

fairyloveheart

Still no news emailed broker but not heard back..... It's awful this waiting!