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Natwest

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Kiwistrawb1990
Kiwistrawb1990 Posts: 192 Forumite
100 Posts First Anniversary Name Dropper
in House buying, renting & selling
Has anyone applied to Natwest recently and have any idea of timescales etc?
Also if you go through broker is the DIP a hard search as I've read previously?
Application went in Friday so nothing showing on credit file as of yet. 
Thanks all x

Comments

  • FTbuyer18
    FTbuyer18 Posts: 66 Forumite
    Part of the Furniture 10 Posts Combo Breaker
    Hi i went through a broker, submitted application 29/5 took 2 weeks from application to offer. They did a hard search at DIP stage on mine.
    Start date 17.10.2024 (ish..)
    Mortgage - £88,801.19 
    Natwest card - £6,065.99 
    Halifax card - £483.95
    Halifax loan - £484.16
    Mum - £950 
    Dad - £30,000  
  • Treshan16
    Treshan16 Posts: 19 Forumite
    Fourth Anniversary 10 Posts
    edited 21 June 2020 at 10:44AM
    Went through a broker.. applied for dip in February.. application submitted 7th April and valuation instructed 8th April and mortgage agreed on the 9th April subject to valuation. Then it went quiet!.. I started chasing for valuation to be done after lock down easing because of new build property. Valuation was booked for 29th may , submitted same day. Offer was issued on the 4th June. I completed on my house on Friday 19th June. Hard search was done on dip but since submitting, another search was done again on the 7th April. 
  • moo313
    moo313 Posts: 59 Forumite
    Ninth Anniversary 10 Posts Name Dropper Combo Breaker
    edited 22 June 2020 at 11:48PM
    I have recently applied for a remortgage through Natwest. In order to buy out the remaining share of my apartment from the housing association. I received a DIP on the 17th June (noticed a hard credit check) and then broker formally submitted my application Friday (noticed a soft credit check). Now the waiting game starts
  • jon81uk
    jon81uk Posts: 3,882 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Kiwistrawb1990 said:
    Has anyone applied to Natwest recently and have any idea of timescales etc?
    Also if you go through broker is the DIP a hard search as I've read previously?
    Application went in Friday so nothing showing on credit file as of yet. 
    Thanks all x
    Went with a broker and everything went very very smoothly, about two weeks from first contact to mortgage offer.
  • steve866
    steve866 Posts: 542 Forumite
    Fourth Anniversary 500 Posts Name Dropper
    Has anyone else had a recent mortgage offer from NatWest? They told me that my mortgage has been approved subject to valuation (booked for 20th July). I’m wondering how long it might take to get the formal offer after this.

    Thanks 
  • kingstreet
    kingstreet Posts: 39,253 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    A couple of days, usually.
    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.
  • Crashy_Time
    Crashy_Time Posts: 13,386 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    How much deposit are they asking for these days?
  • Kiwistrawb1990
    Kiwistrawb1990 Posts: 192 Forumite
    100 Posts First Anniversary Name Dropper
    steve866 said:
    Has anyone else had a recent mortgage offer from NatWest? They told me that my mortgage has been approved subject to valuation (booked for 20th July). I’m wondering how long it might take to get the formal offer after this.

    Thanks 
    Hello! Our valuation was done on a Thursday and we had the offer Tuesday morning :)
    Was impressed with Natwest, 10 days from application to offer. 
    We are moving in next week! 
  • steve866
    steve866 Posts: 542 Forumite
    Fourth Anniversary 500 Posts Name Dropper
    Kiwistrawb1990 said:
    steve866 said:
    Has anyone else had a recent mortgage offer from NatWest? They told me that my mortgage has been approved subject to valuation (booked for 20th July). I’m wondering how long it might take to get the formal offer after this.

    Thanks 
    Hello! Our valuation was done on a Thursday and we had the offer Tuesday morning :)
    Was impressed with Natwest, 10 days from application to offer. 
    We are moving in next week! 
    Thanks for the response. Good luck with the move!
  • steve866
    steve866 Posts: 542 Forumite
    Fourth Anniversary 500 Posts Name Dropper
    Does anyone know the criteria which Natwest use to decide on desktop vs physical valuation? I've had the valuation today which was physical, I'm just wondering how they decide.
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