Platform Mortgage

Ned

GJOphthal said:

Ned said:

claireyfairy83 said:

GJOphthal said:

Are you all first time buyers new to Platform or existing customers? 

Existing customer. I think new applications seem to be considerably quicker if that helps.

I would love to say that's true.. We're first time buyers and it's taking forever, but our conveyancer is also painfully slow which isn't helping

Oh dear!! That doesn’t give me much hope!! 

Sorry!! I've learnt that when buying a house, it's the hope that kills you! Just keep hassling your conveyancer for answers, it's all you can do right now 

shan2627

@Ned when did you put the application in for this new purchase? My first purchase back in September fell through due to platform downvalueing the property by £20,000 after valuation and they took 4 weeks to book a valuation. That's why this time round I would love for the valuation to be done as soon as for piece of mind. Being too positive and hopeful is definitely what kills you! 

GJOphthal

shan2627 said:

@Ned when did you put the application in for this new purchase? My first purchase back in September fell through due to platform downvalueing the property by £20,000 after valuation and they took 4 weeks to book a valuation. That's why this time round I would love for the valuation to be done as soon as for piece of mind. Being too positive and hopeful is definitely what kills you! 

I put mortgage application in and within just over a week my valuation was booked and completed! How strange that some cases are painfully slow than others!!

shan2627

@GJOphthal I'm still waiting to hear from them about the valuation for this new purchase. Yes it's really strange and makes you wonder how they can treat cases so so differently, surely there has to be protocol to follow. If the valuation is done first and their happy to lend on that property then surely it should go for underwriting after. Our dates are so close yet dealt with so differently.

GJOphthal

shan2627 said:

@GJOphthal I'm still waiting to hear from them about the valuation for this new purchase. Yes it's really strange and makes you wonder how they can treat cases so so differently, surely there has to be protocol to follow. If the valuation is done first and their happy to lend on that property then surely it should go for underwriting after. Our dates are so close yet dealt with so differently.

Keep me updated with how you get on 😇

shan2627

@GJOphthal I will do, you too. Did you have your valuation today? Hope it all went well

Ned

GJOphthal said:

shan2627 said:

@Ned when did you put the application in for this new purchase? My first purchase back in September fell through due to platform downvalueing the property by £20,000 after valuation and they took 4 weeks to book a valuation. That's why this time round I would love for the valuation to be done as soon as for piece of mind. Being too positive and hopeful is definitely what kills you! 

I put mortgage application in and within just over a week my valuation was booked and completed! How strange that some cases are painfully slow than others!!

The confusing thing is we have our mortgage offer, we've signed and returned the mortgage deed, our gifted deposit is noted in the offer, as well as the valuation.
The solicitors require the valuation report from Platform and also confirmation they are happy with the gifted deposit, which you would have thought would have been part of the mortgage offer pack?! 

Ned

GJOphthal said:

Ned said:

claireyfairy83 said:

GJOphthal said:

Are you all first time buyers new to Platform or existing customers? 

Existing customer. I think new applications seem to be considerably quicker if that helps.

I would love to say that's true.. We're first time buyers and it's taking forever, but our conveyancer is also painfully slow which isn't helping

Oh dear!! That doesn’t give me much hope!! 

Something I should probably add is that we're using help to buy and also have a LISA each, so this has of course added additional paperwork and expense, and another excuse to add a few weeks to the completion date.. 

jessaskew

Hi guys!
So we had our application sent off 11th Dec.It is saying they will take up to 7 days to do the initial review. Now i am a first time buyer so this is all new to me! We have no chain either end so they have told us could be 6/8 weeks until we move in all being well! Looking at these comments looks like just the mortgage offer will take that long! Does anyone think we will get our valuation in before Christmas? We haven't heard anything re valuation or initial review yet. My MA says she doesn't want to ring as they have told her not to?! Should i just take it upon myself and ring them?! Or should i give them the 7 days then ring? As i said im new to all of this, never done it before!

GJOphthal

jessaskew said:

Hi guys!
So we had our application sent off 11th Dec.It is saying they will take up to 7 days to do the initial review. Now i am a first time buyer so this is all new to me! We have no chain either end so they have told us could be 6/8 weeks until we move in all being well! Looking at these comments looks like just the mortgage offer will take that long! Does anyone think we will get our valuation in before Christmas? We haven't heard anything re valuation or initial review yet. My MA says she doesn't want to ring as they have told her not to?! Should i just take it upon myself and ring them?! Or should i give them the 7 days then ring? As i said im new to all of this, never done it before!

Hello. I just applied for a mortgage on 7/12/20 and had valuation yesterday. Now just waiting for the offer! You should get your valuation through next week fingers crossed!