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Nationwide valuation instruction means what really?
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smz_2
Posts: 5 Forumite
Hi
I am sure this has probably been answered already but l can't seem to find any information, we have applied through a broker and l received a text from nationwide on Monday the 26th that the application has been received- at the same time the broker emails asking for 1 month's bank statement for me and my husband and 3 months payslips for my hubby and just one for myself. i sent the documents over the same day. Yesterday l received a text again informing me that the valuation has been booked for the 3rd of Nov. Now my question is IS THAT A GOOD SIGN OR NOT?don't know what to expect, anyone please help?
Thanks in advance
I am sure this has probably been answered already but l can't seem to find any information, we have applied through a broker and l received a text from nationwide on Monday the 26th that the application has been received- at the same time the broker emails asking for 1 month's bank statement for me and my husband and 3 months payslips for my hubby and just one for myself. i sent the documents over the same day. Yesterday l received a text again informing me that the valuation has been booked for the 3rd of Nov. Now my question is IS THAT A GOOD SIGN OR NOT?don't know what to expect, anyone please help?
Thanks in advance
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Comments
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Nationwide instruct the valuation at the start of the process so I'm afraid it means nothing.
At least you have a date for when its going to be doneI 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 -
Oh okay will try and patiently wait then0
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At least gives you an indication of progress. Valuations are not always conducted so promptly.0
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Lenders are keen to instruct valuation where the borrower is paying for it.
As stated by KS, a desire to put your cash in their bank account should not be taken as a yes on the mortgage.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 -
Yeah l guess waiting for a response feom them is making me extremely nervous dont know what to expect.0
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