Nationwide Mortgage

sallybeans

alexthomas21 said:

sallybeans said:

alexthomas21 said:

alexthomas21 said:

Hello All, 
FTB here, going through a nationwide mortgage and hope it goes smoothly...
90% LTV - could have borrowed more but settled for 81% of affordability, sent all payslips, 3 month bank statements, LISA proof and ID to broker.

12/10/2020 - application submitted 
14/10/2020 - valuation booked for 16th October 2020.
Heard nothing since off nationwide through communication channels but through live chat have said that we are having document checked and now has gone to mortgage consultant? Query if this is the underwriter, said we should know in 24 hours but that has since come and gone...

hope you all get your offers through 🙂 will keep you updated.

Keep you all updated, had a request off my broker this morning to send my LISA statement, which has been done very promptly. She expects Nationwide to start going through these and with the Wales Fire-breaker lockdown (Where I live) she is hoping Nationwide can start moving forward with all applications 

So new timeline - As i can't set up a signature 

12/10/2020 - Application submitted 
14/10/2020 - Valuation booked for 16th October 2020
21/10/2020 - Hard search done on file. 
28/10/2020 - Request made for LISA statement 

I’m on a similar timeframe to you, application and valuation dates exactly the same! Had a request middle of last week for a savings account statement (they had a statement showing the balance but it only covered a 2 week period, they wanted a full month’s statement - it’s just a regular saver with one standing order into it a month so nothing exciting to see but who am I to argue!).
Haven’t had notification of a hard search yet, which I feel like is the next key milestone. Fingers crossed I get that this week as I hate the weekends knowing I’ll definitely hear nothing.

Did you hear anything about your valuation? I got a text the evening of the valuation (a week and a half ago) to say they’d received the report and their email said they’d review it “in the next couple of days” but I’ve heard nothing since. Wish I could hear back on that so at least it’s one less hurdle to worry about!

Hello fellow waiting patiently friend,

that’s spooky isn’t it, I never had an update from nationwide about the valuation being received but through their live chat, they did inform me that it had and the price was agreed with my purchase price, however I await to receive the approve notification from them.  I would recommend the live chat option, they are good, a little inconsistent by good none the less.

My hard search was noted on credit karma, they are really good and show you the details of it all. 

My broker seems to think that it will be a couple of days now but we should hear more from Nationwide soon? Just hope it’s not too long.

I will you all the best with your house purchase and please keep up informed, we are all in this together 😊

Thanks for the info. I haven’t used live chat as yet as I didn’t want my broker to feel I’m treading on his toes by going direct for an update. The suspense is killing me though! I might try it on Monday if still no word, as just some reassurance that I’m moving along in the process would be good.
I’m signed up to Credit Karma so I’ll keep my eye out for a search.
Good luck with your application😀

sallybeans

1234abcdsar said:

Hi, FTB had this text yesterday:
Application 15/10
Valuation 28/10 
Hi, Nationwide here. We've received the valuation report for your mortgage application. We'll review this and be in touch if we need anymore information.
I am told all standard by my MB, has anyone had an offer after this recently and if so what was the timeline?
Thanks 

I had that text on 16th October and I’m still waiting so not necessarily a sign that an offer is imminent😔 Fingers crossed for you!

1234abcdsar

sallybeans said:

1234abcdsar said:

Hi, FTB had this text yesterday:
Application 15/10
Valuation 28/10 
Hi, Nationwide here. We've received the valuation report for your mortgage application. We'll review this and be in touch if we need anymore information.
I am told all standard by my MB, has anyone had an offer after this recently and if so what was the timeline?
Thanks 

I had that text on 16th October and I’m still waiting so not necessarily a sign that an offer is imminent😔 Fingers crossed for you!

Hi, did you go through a MB we had this too
We've received all requested documents and your clients mortgage application has now been passed for full assessment. If we need anything further we'll let you know.

scots1991

1234abcdsar said:

sallybeans said:

1234abcdsar said:

Hi, FTB had this text yesterday:
Application 15/10
Valuation 28/10 
Hi, Nationwide here. We've received the valuation report for your mortgage application. We'll review this and be in touch if we need anymore information.
I am told all standard by my MB, has anyone had an offer after this recently and if so what was the timeline?
Thanks 

I had that text on 16th October and I’m still waiting so not necessarily a sign that an offer is imminent😔 Fingers crossed for you!

Hi, did you go through a MB we had this too
We've received all requested documents and your clients mortgage application has now been passed for full assessment. If we need anything further we'll let you know.

We got a text saying they received the valuation report but nothing about it being approved. Got the mortgage offer 17 working days after they received the report.
We didnt get the above message but was told our documents were vetted when I called for an update and sent for full assessment 18 working days before we got our offer. 

harmz2361

1234abcdsar said:

We've received all requested documents and your clients mortgage application has now been passed for full assessment. If we need anything further we'll let you know.

Hey, my Mortgage Advisor got this text too on Monday not heard a thing  ack yet 

risko

I've been watching this thread with great fear as we awaited our Nationwide mortgage application being processed. Happy to say we received our mortgage offer today! Here's our details in case it helps anyone -

FTB, Scotland, 80% LTV using First Home Fund to top up deposit, partner has been on furlough with return to work next week. We used a broker to submit the application.

7/10 - Mortgage application received
8/10 - Valuation booked and accepted (existing home report was used)
16/10 - Hard check on Equifax and Transunion
27/10 - Further documentation requested (partner's latest payslip and a more detailed letter from employer re: return to work after furlough)
29/10 - Further documentation submitted
30/10 - Mortgage offer received

alexthomas21

risko said:

I've been watching this thread with great fear as we awaited our Nationwide mortgage application being processed. Happy to say we received our mortgage offer today! Here's our details in case it helps anyone -

FTB, Scotland, 80% LTV using First Home Fund to top up deposit, partner has been on furlough with return to work next week. We used a broker to submit the application.

7/10 - Mortgage application received
8/10 - Valuation booked and accepted (existing home report was used)
16/10 - Hard check on Equifax and Transunion
27/10 - Further documentation requested (partner's latest payslip and a more detailed letter from employer re: return to work after furlough)
29/10 - Further documentation submitted
30/10 - Mortgage offer received

Wow amazing, 

just had an update from my broker, appears the LISA document that was requested, has been accepted but has put me at the back of the Queue...

My broker is hoping that we will hear more next week, however I’m losing the excitement of home buying slowly...

I hope everyone in here, gets what they want 🙂

1234abcdsar

harmz2361 said:

1234abcdsar said:

We've received all requested documents and your clients mortgage application has now been passed for full assessment. If we need anything further we'll let you know.

Hey, my Mortgage Advisor got this text too on Monday not heard a thing  ack yet 

Apparently there is a 7 day backlog for underwriters. 

fingersallcrossed2020

So no news this week after my broker was confident of an offer being issued last week 🙄. Onwards to next week which will be the start of week 6 😩. Getting scared we won’t get the mortgage and lose our dream house now. 

sallybeans

1234abcdsar said:

sallybeans said:

1234abcdsar said:

Hi, FTB had this text yesterday:
Application 15/10
Valuation 28/10 
Hi, Nationwide here. We've received the valuation report for your mortgage application. We'll review this and be in touch if we need anymore information.
I am told all standard by my MB, has anyone had an offer after this recently and if so what was the timeline?
Thanks 

I had that text on 16th October and I’m still waiting so not necessarily a sign that an offer is imminent😔 Fingers crossed for you!

Hi, did you go through a MB we had this too
We've received all requested documents and your clients mortgage application has now been passed for full assessment. If we need anything further we'll let you know.

Yes I did. He’s not been in touch with me unless he’s needed documentation so I’m not sure whether he’s received a similar update. I’ll probably check on Monday as I’d like some reassurance that the application is progressing.