Nationwide Mortgage

JKP1245

Jas_cur said:

So I think we passed the underwriters as a valuation has been booked for Monday. I am starting to feel like it is moving now! 

Yay! Glad to hear this! 

Mgars93

Jas_cur said:

So I think we passed the underwriters as a valuation has been booked for Monday. I am starting to feel like it is moving now! 

Congrats!! We are using FTB on a new build and the development is closed til next week so we’ve got to wait til they reopen for valuation

Vidi

Our broker told us application referred to underwriter 

Vidi

Mgars93 said:

Vidi said:

Happy new year ! Any one know what happens after hard search ? Still nothing hear about valuation!!

Nationwide timeline:

Application submitted: 19/12
Soft search: 19/12
Application referred: 19/12
Hard search (Equifax) - 27/12

How do you know if it was referred or accepted? We placed ours via a broker on the 19th Dec with hard search on 26/27th for equifax and credit karma. 

Mgars93

Vidi said:

Our broker told us application referred to underwriter 

Ah right, what LTV are you on? We’re using H2B so on a 75% so we might have just gone straight to accept 

Vidi

Mgars93 said:

Vidi said:

Our broker told us application referred to underwriter 

Ah right, what LTV are you on? We’re using H2B so on a 75% so we might have just gone straight to accept 

We are moving home.we have already mortgage with nationwide on our flat.  We are selling flat and buying house. 75%

Vidi

Vidi said:

Mgars93 said:

Vidi said:

Our broker told us application referred to underwriter 

Ah right, what LTV are you on? We’re using H2B so on a 75% so we might have just gone straight to accept 

We are moving home.we have already mortgage with nationwide on our flat.  We are selling flat and buying house. 85%

Vidi

Mgars93 said:

Vidi said:

Our broker told us application referred to underwriter 

Ah right, what LTV are you on? We’re using H2B so on a 75% so we might have just gone straight to accept 

Finger crossed for you .hope we both hear a good news from nationwide soon  

Jas_cur

We were referred as we were a bit cheeky and fixed our nationwide mortgage at a low rate, let one payment come out and then applied to port it. Our hard search was completed on the 13th and found out yesterday a valuation has been booked for the 4th. 

mh_ww

Hi everyone
Not posted in a little while but here was my outcome... we applied middle of Aug, took until October to be accepted, valuation was delayed until mid Nov because of lockdown, we had to renegotiate because of the valuation and then since then we waited weeks to hear just before Christmas that Nationwide had decided they didn't like something about our application and declined us, which was pretty bad after 4 months + had passed. Our broker hadn't been very forthcoming either (we think trying to fix it in the background but just leaving us in the dark).

Anyway, we pushed hard for appeal as we are in no different position than when we were intially in August, apart from having less debt, but in all honesty didn't expect that to go anywhere - but had to at least try.

Anyway, this morning, one after the other, it all came through! Relieved, and hopefully now able to work towards finishing it all off in the next few weeks. All the legals were done ages ago so should just be a case of tying everything together. Was well worth appealing the decision. I've lost count but I think I'm somewhere just sort of 100 working days