Halifax Valuation Timeline/ Underwriter

Tilly111213

Hi Jazmin - my valuation by Halifax was last week, 2 days after full application. I have been told (as of last Friday) that we are now in queue for underwriting and there is a wait of around a week. I desperately trying to be paitient and not chase broker until tomorrow! Our valuation was online so maybe a bit different to your situation...

Jazmin28

Hi Tilly,

thanks for the insight.

We waited over 2 weeks from 29th June for the valuation to actually get booked, On Tuesday the valuation was finally booked for a Physical one today. This morning they went and it has already been completed, but i am unsure now when we will hear back.. 

lets see.. 

Tilly111213

hopefuly really seen! fingers crossed for you x

watch3r

I actually wanted to check how did you valuation go ?
did you get a report ?
I know that Solicitor needs it as HTB want valuation , unsure about if it’s in the papers you get with an offer . 

My one is tomorrow, wanted to call my developer to check what time but will do it tomorrow . That was a long week...

fackers_2

Jazmin28 said:

Hi Tilly,

thanks for the insight.

We waited over 2 weeks from 29th June for the valuation to actually get booked, On Tuesday the valuation was finally booked for a Physical one today. This morning they went and it has already been completed, but i am unsure now when we will hear back.. 

lets see.. 

Exactly the same here. Called me this morning to say the surveyor just collected the keys and is going in. Will let me know this afternoon!

Jazmin28

Update Peeps!

Right,had the evaluation done super early this morning, spoke to the developer mid afternoon and he said that it was done already. So i do the  most normal thing possible and sent a message to our MA. he said he didn't hear anything, then 2 hours later we received from him the Valuation report from Halifax. 

Good news, we got the full asking price and gave the evaluator gave 100% percent interest into the property.
I guess there was usual comments like, new build stuff, and that in the future about saleabilty, but nothing crazy.

Then our MA sent us another message, and he received this from Halifax at about 19.00 this evening, i believe this email meant that Halifax has reviewed the valuation and processed in on the system. This email said that they confirmed and that they were pleased to say the full asking price will be available. 

It also mentioned that the valuer has made some additional comments on the report, and they will contact the MA once they have been reviewed and provide any next steps. i think this is just about service charge.. nothing to worry about the MA said.

He said that tomorrow fingers crossed the full offer should come and then we can get it touch with the solicitors and get the ball moving super fast and agree a completion date

@watch3r Good luck tomorrow, and i am sure it will all go fine  
@fackers_2 - How did it go for you...? 

fackers_2

Jazmin28 said:

Update Peeps!

Right,had the evaluation done super early this morning, spoke to the developer mid afternoon and he said that it was done already. So i do the  most normal thing possible and sent a message to our MA. he said he didn't hear anything, then 2 hours later we received from him the Valuation report from Halifax. 

Good news, we got the full asking price and gave the evaluator gave 100% percent interest into the property.
I guess there was usual comments like, new build stuff, and that in the future about saleabilty, but nothing crazy.

Then our MA sent us another message, and he received this from Halifax at about 19.00 this evening, i believe this email meant that Halifax has reviewed the valuation and processed in on the system. This email said that they confirmed and that they were pleased to say the full asking price will be available. 

It also mentioned that the valuer has made some additional comments on the report, and they will contact the MA once they have been reviewed and provide any next steps. i think this is just about service charge.. nothing to worry about the MA said.

He said that tomorrow fingers crossed the full offer should come and then we can get it touch with the solicitors and get the ball moving super fast and agree a completion date

@watch3r Good luck tomorrow, and i am sure it will all go fine  
@fackers_2 - How did it go for you...? 

Mortgage got accepted this evening following a valuation via Halifax. The longest part was the underwriters looking at my self employed solo status. But all fine and sailed through using a broker. Such a relief!

Jazmin28

ooh nice ! so do you have to wait for the offer in the post for it to all be done..or did Halifax send it all over email?
Have you made plans to figure out a completion date with your solicitor? 

fackers_2

Jazmin28 said:

ooh nice ! so do you have to wait for the offer in the post for it to all be done..or did Halifax send it all over email?
Have you made plans to figure out a completion date with your solicitor? 

All via broker but it’s only acceptable via a hard copy in the post but my MB had a confirmation email.  I have asked about a date yesterday, they think 2 weeks away which is exciting! But im sure they’ll inform me asap. Just need to sign and send back the contract now (just want to doubly check nothing comes back on the HB report which is arriving tomorrow).

Lorenzo94

Good morning guys. Anyone has had an offer made by Halifax, and have in the special condition the requirement of an EWS1 form to be given to the conveyancer? 

What I find odd is that at the time of the evaluation, the surveyor said that the EWS1 form is not needed. As well as this, Halifax confirmed (prior to issuing the offer) that such form is not needed.
Lastly, I called Halifax and they also confirmed again that it’s not needed, but the special condition is still in the offer. I’m very worried that I exchange contracts and they won’t release the funds on completion >.<.