Kent reliance

happyday20

firsttimebuyerhelpmepleaae said:

Ok thanks. For those who also submitted end Oct What updates have you had? Have valuations been done? Mine still pending because of above mentioned issue 

We applied on the 20th and we’ve had our valuation done today - just waiting for the report to go back to KR. I think maybe because your house isn’t due to be completed till Feb, it’s still pending. I wouldn’t worry too much. Everything will be ok 😊

Loulou0404

My valuation was done on 28th was due update last week and KR hadn’t even looked at it. Hopefully will hear something soon x

firsttimebuyerhelpmepleaae

Hope you all hear something soon!
trying not to worry but if they don’t do desktop valuations I won’t get a mortgage from them so I’m really hoping they do x

Chelleee

We had valuation on 21st Oct and still waiting to hear....eeekkkk!! submitted on 8th Oct and last documents sent 2nd so really hoping to hear something soon. MB told me KR are working to 7wd turn around at mo 😊 stay positive all 

happyday20

Can I ask did anyone have to take out insurance before getting their offer? Our MB said it’s compulsory but I’m wondering if this is just an up selling tactic lol

rachlikeswinter

happyday20 said:

Can I ask did anyone have to take out insurance before getting their offer? Our MB said it’s compulsory but I’m wondering if this is just an up selling tactic lol

It's a condition of most mortgages that you take out buildings insurance. However this never needs to happen before exchange of contracts. (You can't insure something you don't yet own, after all!) So you can get quotes etc but the insurance start date will be your exchange date. If you haven't got your offer yet, you haven't got your exchange date. Ergo, your MB needs to calm down

aleeek

happyday20 said:

Can I ask did anyone have to take out insurance before getting their offer? Our MB said it’s compulsory but I’m wondering if this is just an up selling tactic lol

If you're buying SO then the housing association pays for buildings insurance and you pay for that as part of your service charge. If buying outright then yes you'll need buildings insurance, our offer says it's mandatory. 

happyday20

Thank you that makes sense 😊 How’s everyone doing? Has anyone had any updates?

Chelleee

Hello
MB said update from Kent due today but nothing yet 🙄 how about you??

happyday20

Try chase them before end of close today, our MB said KR are satisfied with all documents we are just waiting for the report back from our valuation yesterday and hopefully off to the offer queue 🙏🏼🤞🏼🤞🏼