Nationwide Mortgage

NHB2020

GN2020 said:

Our physical valuation is booked for 18/11.
Just wondering how long people have waited after the valuation to receive a decision as to whether the valuation was ok or not? 

Ours was on 12/11, I've been speaking to Nationwide via the WebChat service and was told by an advisor that they had the report the next day. However, we only got the text confirming that on 14/11 - I've spoken to an advisor again today who's said that its passed but the system hasn't updated yet. Ours was a physical valuation and it seems to have been a quick process - have seen a few on here that have take much longer though. 

GN2020

NHB2020 said:

GN2020 said:

Our physical valuation is booked for 18/11.
Just wondering how long people have waited after the valuation to receive a decision as to whether the valuation was ok or not? 

Ours was on 12/11, I've been speaking to Nationwide via the WebChat service and was told by an advisor that they had the report the next day. However, we only got the text confirming that on 14/11 - I've spoken to an advisor again today who's said that its passed but the system hasn't updated yet. Ours was a physical valuation and it seems to have been a quick process - have seen a few on here that have take much longer though. 

Oh that’s good to know, thank you 😊

we’re on week 9 now so another few days won’t make a difference I guess, that’s if there are no issues 🤣

mh_ww

GN2020 said:

NHB2020 said:

GN2020 said:

Our physical valuation is booked for 18/11.
Just wondering how long people have waited after the valuation to receive a decision as to whether the valuation was ok or not? 

Ours was on 12/11, I've been speaking to Nationwide via the WebChat service and was told by an advisor that they had the report the next day. However, we only got the text confirming that on 14/11 - I've spoken to an advisor again today who's said that its passed but the system hasn't updated yet. Ours was a physical valuation and it seems to have been a quick process - have seen a few on here that have take much longer though. 

Oh that’s good to know, thank you 😊

we’re on week 9 now so another few days won’t make a difference I guess, that’s if there are no issues 🤣

Ours was on 9/11 and broker/webchat confirmed it was received on same day, but unlike NHB2020 we've not had any texts or emails to confirm it. I've been really amazed throughout this whole process just how inconsistent the experience is for people.

keepthefaith2021

GN2020 said:

Our physical valuation is booked for 18/11.
Just wondering how long people have waited after the valuation to receive a decision as to whether the valuation was ok or not? 

Hi GN2020
I have been following this thread for the last 2 months, my mortgage was also with Nationwide and waited 15 working days to Offer,  bearing in mind I didn't recieve the 'valuation approval text' , only the one to say Mortgage application received and Valuation recieved. Hope it helps 

keepthefaith2021

fingersallcrossed2020 said:

GN2020 said:

fingersallcrossed2020 said:

So our valuation was down valued! £20k less than our agreed price. So now at loss what to do? So angry that we are only hearing this now when the valuation took place Oct 1st!!! 

Oh my god, I’m so sorry!! Will the vendors budge at all? I’m just thinking that another surveyor could likely value it at the same price so even another buyer could run into the same problem! 

Has the homebuyers survey come back with anything that will give you some wiggle room? 

My broker has requested the valuation report. This whole process has given me so much stress, all the waiting and now this.  We will wait and see what the seller has to say but my husband isn’t keen on getting another lender as he semi-agrees with valuation. So depending on what the seller says we might have to say goodbye to this house. 

So sorry to hear that @ fingersallcrossed2020, I started my Nationwide application around the same time as yours too, it was a pain staking long and Anxious wait, but all well in the end, hang in there guys , Offers will be coming through!! ☺

Petriix

Petriix said:

I may as well join the party:

Additional borrowing on our existing Nationwide mortgage

• 16/10/2020 - AIP accepted
• 16/10/2020 - Full application submitted
• 16/10/2020 - Documents submitted (3 months bank stats and SA302s)
  
• 20/10/2020 - Further documents submitted (tax year overviews)
• 26/10/2020 - Hard credit search
• 28/10/2020 - Request for documents already submitted
• 29/10/2020 - Lost documents resubmitted (after 45 minutes on the phone)

I assume we're now at the back of the queue again for the initial assessment, although the kind lady on the phone said she will do what she can to get it pushed through.

So, after exactly a month we got confirmation of our offer today! No request for additional documents and no further questions, even though we are both self-employed and took both SEISS grants. Full timeline as follows:

• 16/10/2020 - AIP accepted
• 16/10/2020 - Full application submitted
• 16/10/2020 - Documents submitted (3 months bank stats and SA302s)
  
• 20/10/2020 - Further documents submitted (tax year overviews)
• 26/10/2020 - Hard credit search
• 28/10/2020 - Request for documents already submitted
• 29/10/2020 - Lost documents resubmitted (after 45 minutes on the phone)
• 03/11/2020 - Lost documents still not shown on the case, 30 minutes more on the phone
• 10/11/2020 - Email from Nationwide saying documents vetted and will be assessed
• 16/11/2020 - Email received confirming mortgage offer issued
  

mh_ww

Petriix said:

Petriix said:

I may as well join the party:

Additional borrowing on our existing Nationwide mortgage

• 16/10/2020 - AIP accepted
• 16/10/2020 - Full application submitted
• 16/10/2020 - Documents submitted (3 months bank stats and SA302s)
  
• 20/10/2020 - Further documents submitted (tax year overviews)
• 26/10/2020 - Hard credit search
• 28/10/2020 - Request for documents already submitted
• 29/10/2020 - Lost documents resubmitted (after 45 minutes on the phone)

I assume we're now at the back of the queue again for the initial assessment, although the kind lady on the phone said she will do what she can to get it pushed through.

So, after exactly a month we got confirmation of our offer today! No request for additional documents and no further questions, even though we are both self-employed and took both SEISS grants. Full timeline as follows:

• 16/10/2020 - AIP accepted
• 16/10/2020 - Full application submitted
• 16/10/2020 - Documents submitted (3 months bank stats and SA302s)
  
• 20/10/2020 - Further documents submitted (tax year overviews)
• 26/10/2020 - Hard credit search
• 28/10/2020 - Request for documents already submitted
• 29/10/2020 - Lost documents resubmitted (after 45 minutes on the phone)
• 03/11/2020 - Lost documents still not shown on the case, 30 minutes more on the phone
• 10/11/2020 - Email from Nationwide saying documents vetted and will be assessed
• 16/11/2020 - Email received confirming mortgage offer issued
  

Congrats!

Mishelski

Well my application was submitted on 13th and I posted here asking if having a valuation instructed means my application is approved pending application. 
It would somewhat appear that in my case it was. I called nationwide today and the girl told me my case has been looked at and all thats left to do is the valuation. 

My first reserved property was downvalued by nationwide and because I have a 3 year old settled ccj I was struggling to find another lender so in the end I had to find another property. Which as it turns out is a better house  

I'm very nervous about the valuation but its looking positive for the mortgage itself!!! Fingers crossed 

mh_ww

Working day 67 😔

Kiyonari

Kiyonari said:

fingersallcrossed2020 said:

Kiyonari said:

So after the rigmarole with Nationwide, gone with Barclays.

Full application 04/11/20

Valuation Booked 06/11/20

SPEEEEEEEEEED

Let us know how you get on. I think we are going to go with someone else too if we don’t hear by next week. We will be starting week 7 on Monday 😭

Will do!  Worth ringing the mortgage update line if you haven't already, it was the only way I got anything out of Nationwide, the mortgage consultant rarely replied to my emails, and when she did it was always in a rude "how dare you bother me" kind of manner...

9 working days from application to offer!  Better deal than Nationwide too, will never use Nationwide again.