valuation

ftb2020

Mortgage application was accepted pending valuation.

physical valuation completed today by countrywide (new build)

how long now does it usually take to receive our offer obviously if all ok with valuation. 

MovingForwards

Which lender?

ftb2020

Santander sorry

Spencer310891

ftb2020 said:

Santander sorry

Please may I ask how long yours took to come back? Countrywide did my valuation this morning and Im wondering how to expect? 

TWIGLET1234

ftb2020 said:

Santander sorry

My broker said it's 48 hours after that you usually get offer (I'm awaiting my valuation with Santander next week)

Process90

I think the delays with valuation to offer come from the lender waiting on the report to be uploaded by the 3rd party valuer. 

We've been told that our valuation was booked for 18th June yet here we are today still waiting for the valuation report to be received by HSBC before offer. There's certainly been a bit of a backlog. 

KJB_D

Process90 said:

I think the delays with valuation to offer come from the lender waiting on the report to be uploaded by the 3rd party valuer. 

We've been told that our valuation was booked for 18th June yet here we are today still waiting for the valuation report to be received by HSBC before offer. There's certainly been a bit of a backlog. 

Do you know who carried out the valuation? When I called HSBC they gave me a number for the surveyor and the time frame for the valuation report to get to HSBC was 1-2 working days.

Process90

KJB_D said:

Process90 said:

I think the delays with valuation to offer come from the lender waiting on the report to be uploaded by the 3rd party valuer. 

We've been told that our valuation was booked for 18th June yet here we are today still waiting for the valuation report to be received by HSBC before offer. There's certainly been a bit of a backlog. 

Do you know who carried out the valuation? When I called HSBC they gave me a number for the surveyor and the time frame for the valuation report to get to HSBC was 1-2 working days.

No. They told me that they couldn't chase them up either. All I got was that ''there's probably a backlog'' and that we'll probably have a decision this week. She followed that up with our application is in the ''final stage'' and with the ''credit officer''.

Spencer310891

Process90 said:

I think the delays with valuation to offer come from the lender waiting on the report to be uploaded by the 3rd party valuer. 

We've been told that our valuation was booked for 18th June yet here we are today still waiting for the valuation report to be received by HSBC before offer. There's certainly been a bit of a backlog. 

Id definitely chase them, my valuation happened this morning and ive just had the offer through. 

Process90

Spencer310891 said:

Process90 said:

I think the delays with valuation to offer come from the lender waiting on the report to be uploaded by the 3rd party valuer. 

We've been told that our valuation was booked for 18th June yet here we are today still waiting for the valuation report to be received by HSBC before offer. There's certainly been a bit of a backlog. 

Id definitely chase them, my valuation happened this morning and ive just had the offer through. 

I spoke to the underwriting team today after an hour on hold and that's what they told me.

I'm thinking that the delay on valuation report maybe something to do with the property that we're buying - It's a new-build but a conversion.

heston2014

Process90 said:

Spencer310891 said:

Process90 said:

I think the delays with valuation to offer come from the lender waiting on the report to be uploaded by the 3rd party valuer. 

We've been told that our valuation was booked for 18th June yet here we are today still waiting for the valuation report to be received by HSBC before offer. There's certainly been a bit of a backlog. 

Id definitely chase them, my valuation happened this morning and ive just had the offer through. 

I spoke to the underwriting team today after an hour on hold and that's what they told me.

I'm thinking that the delay on valuation report maybe something to do with the property that we're buying - It's a new-build but a conversion.

How long did it take between text 'approved subject to valuation' and valuation being booked? did someone call you to arrange valuation?