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Nationwide problems
Cupcake85
Posts: 72 Forumite
My broker is due to apply for a help to buy mortgage though nationwide this coming week, I read something about big problems at the moment, should nationwide be avoided?
My completion is June/July as a new build
My completion is June/July as a new build
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What big problems?0
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Long delays0
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I submitted a case to them on the 17th, they came back on the 21st and 23rd asking for something else. 4 working days to get 2 lots of underwriters (they have 1 underwriter for payslips and another for bank statements) is pretty good?
Valuation was also instructed straight away, although it will not be carried out until the 1st April, but thats the surveyors delays not nationwides.I am a Mortgage AdviserYou 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 -
On the newbuild broker side we are not suffering the kinds of issues others are seeing.
We are still getting offers out within two weeks, subject to surveyor availability in the area of the property.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 -
Sounds all ok then, thanks guys0
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I'm currently applying for a HTB mortgage with Nationwide. They have been efficient to say the least.
Applied for Mortgage: 16/03/2016
Valuation booked for: 22/03/2016
They asked for proof of address on 21st which has been provided now.
Hopefully should get offer soon.0 -
I have to say, i submitted my application a week ago and have heard absolutely nothing from Nationwide. Broker is telling me that Nationwide is telling him that there are delays.0
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My broker applied to nationwide on the 29th Feb and we have had the valuation done on the 10th and was accepted on the 11th. Still heard nothing !0
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What are you waiting on hearing between the offer and now?I am a Mortgage AdviserYou 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
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Nothing... i want the offer?0
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