Vida Homeloans return to market?

bell2020

mariesch1 said:

bell2020 said:

mariesch1 said:

well our update today after putting in all the new updated wage slips as the others were out of date after waiting so long. All documents accepted and update is..................back in the queue and another upto 12 days yay!

12 days??? Oh my goodness!!!! 

Yes but today they came back with another few questions which i a in the process of answering. On the other hand we had to get a builder round to the property in the meantime as there were quite a few issues with the property and we have been quoted 6,500 for the works but owner is refusing to budge and has said they will remarket it so i now have a choice.

More questions 🙈 gosh they are thorough aren't they. I hoping they won't ask us anything else... there's nothing else they could possibly ask 😂 oh no, really?? That doesn't sound good!! I have no idea how you'd resolve that!

Resnik001

mariesch1 said:

bell2020 said:

mariesch1 said:

well our update today after putting in all the new updated wage slips as the others were out of date after waiting so long. All documents accepted and update is..................back in the queue and another upto 12 days yay!

12 days??? Oh my goodness!!!! 

Yes but today they came back with another few questions which i a in the process of answering. On the other hand we had to get a builder round to the property in the meantime as there were quite a few issues with the property and we have been quoted 6,500 for the works but owner is refusing to budge and has said they will remarket it so i now have a choice.

Really sorry to hear, hope someone has a change of heart. 

Resnik001

bell2020 said:

Resnik001 said:

bell2020 said:

Emeljay19 said:

bell2020 said:

Emeljay19 said:

bell2020 said:

Just seen this on Vidas website!!

"We are striving to provide the best possible outcomes for our customers, while maintaining our commitment to lending responsibly. We now need to think about how we carefully manage our existing pipeline of applications to enable customers to complete their transactions before the end of the Stamp Duty Holiday and current Help to Buy scheme on 31st March 2021. Protecting service levels and giving certainty to those customers already in our pipeline has to be the right priority for us and we have therefore decided to make a number of temporary reductions to our residential product range, removing all products for new purchase applications. We will launch a new and fully invigorated product range in the New Year."

I’ve just spoken to my broker about this as we are expecting a decision today. This has now been pushed back to tomorrow 😫
My broker has confirmed that it’s new applications only 

Yes it says for new purchases only. I just thought it would be a good thing for us as maybe things will be done quicker 🤞

I really hope so. I’m so frustrated today. Was promised a decision and it’s been put back to tomorrow. Just feel like I’m being fobbed off if I’m honest. I’ve lost all faith that I’m going to get a mortgage offer out of this 😫

I'm the same, honestly. I am spending my days refreshing emails incase the broker contacts, refreshing our solicitors app for updates and checking this page constantly 🙈 I've rang our solicitor 4 times and messaged her and have had no answer!! Still waiting to hear if they've received valuation report and how long to expect an update. Hate not knowing whats going on, I'm a control freak 😩 have you had any hard checks on your credit file? We had one on 24th sept, the day our application went in but we had another last Friday 🤷‍♀️

😂😂, and it’s either some subscription wanting money or Costa coffee 

😂 exactly! How are you guys getting on?

No idea to be honest with you, we have been credit checked twice more, asked some questions regarding adverse credit. Val went through ok, what is final step that people talk about on here and do you think if we get passed that then it’s offer?. 

I personally hope every single person on here gets what they wish for. It’s a stressful time, I’ve been lucky that I’ve been so busy at work just to get through this. Sometimes not even time to have dinner 😂😂

bell2020

Resnik001 said:

bell2020 said:

Resnik001 said:

bell2020 said:

Emeljay19 said:

bell2020 said:

Emeljay19 said:

bell2020 said:

Just seen this on Vidas website!!

"We are striving to provide the best possible outcomes for our customers, while maintaining our commitment to lending responsibly. We now need to think about how we carefully manage our existing pipeline of applications to enable customers to complete their transactions before the end of the Stamp Duty Holiday and current Help to Buy scheme on 31st March 2021. Protecting service levels and giving certainty to those customers already in our pipeline has to be the right priority for us and we have therefore decided to make a number of temporary reductions to our residential product range, removing all products for new purchase applications. We will launch a new and fully invigorated product range in the New Year."

I’ve just spoken to my broker about this as we are expecting a decision today. This has now been pushed back to tomorrow 😫
My broker has confirmed that it’s new applications only 

Yes it says for new purchases only. I just thought it would be a good thing for us as maybe things will be done quicker 🤞

I really hope so. I’m so frustrated today. Was promised a decision and it’s been put back to tomorrow. Just feel like I’m being fobbed off if I’m honest. I’ve lost all faith that I’m going to get a mortgage offer out of this 😫

I'm the same, honestly. I am spending my days refreshing emails incase the broker contacts, refreshing our solicitors app for updates and checking this page constantly 🙈 I've rang our solicitor 4 times and messaged her and have had no answer!! Still waiting to hear if they've received valuation report and how long to expect an update. Hate not knowing whats going on, I'm a control freak 😩 have you had any hard checks on your credit file? We had one on 24th sept, the day our application went in but we had another last Friday 🤷‍♀️

😂😂, and it’s either some subscription wanting money or Costa coffee 

😂 exactly! How are you guys getting on?

No idea to be honest with you, we have been credit checked twice more, asked some questions regarding adverse credit. Val went through ok, what is final step that people talk about on here and do you think if we get passed that then it’s offer?. 

I personally hope every single person on here gets what they wish for. It’s a stressful time, I’ve been lucky that I’ve been so busy at work just to get through this. Sometimes not even time to have dinner 😂😂

Yes the process is generally inital underwriting, then valuation, then final underwriting (i think with a senior underwriter) and then hopefully, offer 🤞 glad you've been busy, taking your mind off it all! 

mariesch1

Resnik001 said:

mariesch1 said:

bell2020 said:

mariesch1 said:

well our update today after putting in all the new updated wage slips as the others were out of date after waiting so long. All documents accepted and update is..................back in the queue and another upto 12 days yay!

12 days??? Oh my goodness!!!! 

Yes but today they came back with another few questions which i a in the process of answering. On the other hand we had to get a builder round to the property in the meantime as there were quite a few issues with the property and we have been quoted 6,500 for the works but owner is refusing to budge and has said they will remarket it so i now have a choice.

Really sorry to hear, hope someone has a change of heart. 

bell2020 said:

mariesch1 said:

bell2020 said:

mariesch1 said:

well our update today after putting in all the new updated wage slips as the others were out of date after waiting so long. All documents accepted and update is..................back in the queue and another upto 12 days yay!

12 days??? Oh my goodness!!!! 

Yes but today they came back with another few questions which i a in the process of answering. On the other hand we had to get a builder round to the property in the meantime as there were quite a few issues with the property and we have been quoted 6,500 for the works but owner is refusing to budge and has said they will remarket it so i now have a choice.

More questions 🙈 gosh they are thorough aren't they. I hoping they won't ask us anything else... there's nothing else they could possibly ask 😂 oh no, really?? That doesn't sound good!! I have no idea how you'd resolve that!

The good news is the sellers agreed to a price reduction so thats agreed. We have one document to get for Vida now so fingers crossed. 
The questions were more thorough questions about previous questions that they had asked before. I hope you both hear something very soon i have my fingers crossed for you.

bell2020

mariesch1 said:

Resnik001 said:

mariesch1 said:

bell2020 said:

mariesch1 said:

well our update today after putting in all the new updated wage slips as the others were out of date after waiting so long. All documents accepted and update is..................back in the queue and another upto 12 days yay!

12 days??? Oh my goodness!!!! 

Yes but today they came back with another few questions which i a in the process of answering. On the other hand we had to get a builder round to the property in the meantime as there were quite a few issues with the property and we have been quoted 6,500 for the works but owner is refusing to budge and has said they will remarket it so i now have a choice.

Really sorry to hear, hope someone has a change of heart. 

bell2020 said:

mariesch1 said:

bell2020 said:

mariesch1 said:

well our update today after putting in all the new updated wage slips as the others were out of date after waiting so long. All documents accepted and update is..................back in the queue and another upto 12 days yay!

12 days??? Oh my goodness!!!! 

Yes but today they came back with another few questions which i a in the process of answering. On the other hand we had to get a builder round to the property in the meantime as there were quite a few issues with the property and we have been quoted 6,500 for the works but owner is refusing to budge and has said they will remarket it so i now have a choice.

More questions 🙈 gosh they are thorough aren't they. I hoping they won't ask us anything else... there's nothing else they could possibly ask 😂 oh no, really?? That doesn't sound good!! I have no idea how you'd resolve that!

The good news is the sellers agreed to a price reduction so thats agreed. We have one document to get for Vida now so fingers crossed. 
The questions were more thorough questions about previous questions that they had asked before. I hope you both hear something very soon i have my fingers crossed for you.

Atleast they're  dealing with your case... fingers crossed for you! We have heard absolutely nothing 😩 

Emeljay19

So we have just had the news we were dreading. 

They have declined us because we cannot provide posted address history for my partner. 

My broker says he is going to appeal the decision but I’m not hopeful. I’m absolutely gutted. We were supposed to have completed tomorrow 😭

Sophielucia22

Emeljay19 said:

So we have just had the news we were dreading. 

They have declined us because we cannot provide posted address history for my partner. 

My broker says he is going to appeal the decision but I’m not hopeful. I’m absolutely gutted. We were supposed to have completed tomorrow 😭

So sorry to hear that! Fingers crossed your broker can try and work some magic!

bell2020

Emeljay19 said:

So we have just had the news we were dreading. 

They have declined us because we cannot provide posted address history for my partner. 

My broker says he is going to appeal the decision but I’m not hopeful. I’m absolutely gutted. We were supposed to have completed tomorrow 😭

Oh my goodness!!!! That's horrendous. We were asked the same questions and provided online bank statement for me & a posted letter from HMRC for my husband. This is madness 🙈 I'm so sorry, really hope they overturn their decision!

Emeljay19

bell2020 said:

Emeljay19 said:

So we have just had the news we were dreading. 

They have declined us because we cannot provide posted address history for my partner. 

My broker says he is going to appeal the decision but I’m not hopeful. I’m absolutely gutted. We were supposed to have completed tomorrow 😭

Oh my goodness!!!! That's horrendous. We were asked the same questions and provided online bank statement for me & a posted letter from HMRC for my husband. This is madness 🙈 I'm so sorry, really hope they overturn their decision!

What makes it worse is that they raised it as an issue before valuation. We sent online docs in for my partner, which they approved and booked the valuation. Then it’s been reviewed again by senior underwriter and they’ve said no purely because we have no posted documents. They approved the online stuff at the initial underwrite and now it’s an issue. 

I’m not expecting anything to come of the appeal. I’m really heartbroken right now. We should be completing tomorrow 😭