Do Natwest....

Dolly123

Instruct a Valuer as a matter of course or only if we've passed the initial credit checks?

Dolly123

Anyone?:rotfl:

csgohan4

just wait for the offer or decline, not much you can do or speculate now

Lauralou79

When was your application? Surely initial credit checks are done very quickly?
Our Natwest mortgage was approved within 4/5 days subject to valuation but unfortunately that took 10 days for an appointment and a further 2/3 days for a confirmation/offer. We had a very simple application less than 50% LTV, less than twice our household wage and no debt or bad credit. Still felt like an eternity tho!

Dolly123

Application being submitted today, more that I was being curious really! !!!128516;

Firsttimebuyers

We had a credit check at the DIP Stage (via a broker) then again iirc at application stage, and our valuation was booked within 3 hours of that.


I think most people seem to say with NatWest that if it's an instant pass at that stage (rather than a refer) then they book the valuation right away so it doesn't hold up the underwriting.


We completed 2 weeks ago and used NatWest, found them very quick and decent.


Good luck

Newbiejono

I think the instruct a valuation straight away regardless to speed up process, they will refund if you fail due to affordability or credit scoring... heres a Link

http://www.mortgagesolutions.co.uk/news/2016/03/03/natwest-to-instruct-valuations-on-day-one/

Dolly123

My application has been submitted today and my Broker says it!!!8217;s passed credit checks and that it will go to underwriter to be checked over and that we should know by Wednesday if it!!!8217;s been accepted, if the £352 for the valuation gets taken out of my account in the meantime that!!!8217;s a positive too!