Nationwide Mortgage

katykins05

@wishinghome so frustrating but great news it will go to offer once they process it! 

wishinghome

Yes I'm trying to look on the bright side! Hopefully we're all nearing the end now. We've held off on instructing the solicitors to start waiting on the mortgage but I'm wondering if we should get that started now.

C_N_

wishinghome said:

Yes I'm trying to look on the bright side! Hopefully we're all nearing the end now. We've held off on instructing the solicitors to start waiting on the mortgage but I'm wondering if we should get that started now.

It all sounds v positive! Weird they've asked for an updated statement though. I bet you can't decide whether to celebrate or not! 

katykins05

@wishinghome its entirely up to you. We've had our start searches, they said its about £500 of work so prepared to lose that if the worse happened but I didn't want the vendor worrying nothing was happening as we got our offer accepted on 10th April. 

wishinghome

C_N_ said:

wishinghome said:

Yes I'm trying to look on the bright side! Hopefully we're all nearing the end now. We've held off on instructing the solicitors to start waiting on the mortgage but I'm wondering if we should get that started now.

It all sounds v positive! Weird they've asked for an updated statement though. I bet you can't decide whether to celebrate or not! 

Ha yes that's exactly it! I'm still worried something will fall over at the last hurdle so I don't think we'll feel able to celebrate until we've got the official mortgage offer!

wishinghome

katykins05 said:

@wishinghome its entirely up to you. We've had our start searches, they said its about £500 of work so prepared to lose that if the worse happened but I didn't want the vendor worrying nothing was happening as we got our offer accepted on 10th April. 

Yes our offer was accepted on 13th April so not long after you. Ours is a probate sale which can delay things and we're FTBs so there's no chain so I figured we had time to wait but maybe it's best to instruct them to start now if NW are going to take another week as that will be 4 weeks since we had the offer accepted which is getting on a bit.

Adsta

I instructed solicitors the min I had the offer accepted and mortgage application sent off. The solicitors have done a fair chunk of the work already. Figured it would help speed the whole thing along.

That said the solicitors I instructed said if the sale falls through I don't have to pay them. So figured I have nothing to lose. Broker was also fairly convinced I would be ok getting the mortgage.

Still I would feel a lot better once I have the actual mortgage!

wishinghome

Adsta said:

Broker was also fairly convinced I would be ok getting the mortgage.

Still I would feel a lot better once I have the actual mortgage!

Lol same!

Thanks all, I think I'll contact the solicitors in the morning!

C_N_

C_N_ said:

Afternoon all

I've been following this and a few other threads closely whilst waiting on our NW offer, here is our timescale:

13/04 Application submitted via broker
15/04 Valuation booked for 22/04
22/04 Valuation survey complete and Hard credit check done
28/04 Valuation survey received

Spoke to our broker this afternoon, the feedback he's had is that the underwriters have slowed right down and currently have a 6 day SLA, so we may be waiting until next Friday for the valuation to be assessed and underwritten 😩

Both FTB and not dealing well with all this waiting around 😅

Fingers crossed it's tomorrow then 🙄 Any news for anyone else? 

wishinghome

C_N_ said:

Fingers crossed it's tomorrow then 🙄 Any news for anyone else? 

Sweet F A lol! I'm resigned to the fact it will be next week now after them asking for another statement yesterday.