Nationwide Mortgage

clare19811

Finally put our full application in today, it should have gone in a week or so back but our solicitor wasn't on their approved panel! Turns out that although the actual conveyance we're using has been doing this for a number of years, the solicitor's practice she's moved to are new to conveyancing. Today they've agreed to outsource and pay for another solicitor to handle the lender's side of things so we've been able to get our application in.

The mortgage is the thing that's worrying me the most so I'm hoping it all goes smoothly. Lovely to see some fairly speedy application timelines here!

E_D_FTB

clare19811 said:

Finally put our full application in today, it should have gone in a week or so back but our solicitor wasn't on their approved panel! Turns out that although the actual conveyance we're using has been doing this for a number of years, the solicitor's practice she's moved to are new to conveyancing. Today they've agreed to outsource and pay for another solicitor to handle the lender's side of things so we've been able to get our application in.

The mortgage is the thing that's worrying me the most so I'm hoping it all goes smoothly. Lovely to see some fairly speedy application timelines here!

Welcome! Totally agree, the mortgage is such a stressful wait. For us, this mortgage is literally our only option to be lent enough, so the entire sale hinges on it. Fingers crossed yours will go smoothly!

clare19811

E_D_FTB said:

clare19811 said:

Finally put our full application in today, it should have gone in a week or so back but our solicitor wasn't on their approved panel! Turns out that although the actual conveyance we're using has been doing this for a number of years, the solicitor's practice she's moved to are new to conveyancing. Today they've agreed to outsource and pay for another solicitor to handle the lender's side of things so we've been able to get our application in.

The mortgage is the thing that's worrying me the most so I'm hoping it all goes smoothly. Lovely to see some fairly speedy application timelines here!

Welcome! Totally agree, the mortgage is such a stressful wait. For us, this mortgage is literally our only option to be lent enough, so the entire sale hinges on it. Fingers crossed yours will go smoothly!

Thank you! Fingers crossed for you too! Hopefully in a few months time all of this worry will just be a dim and distant memory.

Laurenthornback

Hi everyone, 

This is the first time I’ve posted but have been avidly following this thread in the last few weeks. We are FTB with 94% LTV 

For those waiting……we got our offer through today, we put our application through our broker on 17th June  valuation on 30th and mortgage offer today. Seemed like a lifetime but actually not too bad a time from application to offer 😊

good luck to all those waiting 

clare19811

clare19811 said:

Finally put our full application in today, it should have gone in a week or so back but our solicitor wasn't on their approved panel! Turns out that although the actual conveyance we're using has been doing this for a number of years, the solicitor's practice she's moved to are new to conveyancing. Today they've agreed to outsource and pay for another solicitor to handle the lender's side of things so we've been able to get our application in.

The mortgage is the thing that's worrying me the most so I'm hoping it all goes smoothly. Lovely to see some fairly speedy application timelines here!

I’ve had a text saying valuation booked for tomorrow! I’m guessing it’s a desktop one, the house is only 5 years old so maybe a fairly easy one for them to do remotely. 

sacvwgolf

Just joining in on the waiting game. We are both FTB 95% LTV and had an offer accepted on 23rd June. DIP already in place. Mortgage application received today and valuation booked in a fortnight's time. 

beth9312

We’re both FTB with 90% LTV
DIP in place
01/07 - application submitted
we received the following text yesterday, does this mean the valuation was booked for completion yesterday or us just been booked? Has anyone had similar? What are people’s waiting times been like recently after valuation?

“Hi, Nationwide here. A valuation has been booked for your mortgage application on 06/07/2021. There's no need to be present unless we've arranged this with you”

E_D_FTB

beth9312 said:

We’re both FTB with 90% LTV
DIP in place
01/07 - application submitted
we received the following text yesterday, does this mean the valuation was booked for completion yesterday or us just been booked? Has anyone had similar? What are people’s waiting times been like recently after valuation?

“Hi, Nationwide here. A valuation has been booked for your mortgage application on 06/07/2021. There's no need to be present unless we've arranged this with you”

Welcome @beth9312! Looks like it was booked on the same day as the text... so probably a desktop valuation. But you should also receive a text confirming they had received the valuation report. Are you using a broker or applying directly?

It's slow at the moment I'm afraid. We're on working day 17 from the full application, and working day 13 from the valuation being received. According to our broker the Stamp Duty deadline really slowed down new applications, so they're now working to clear the outstanding applications from June. Fingers crossed it'll speed up, though, and that yours will be a bit quicker than ours since you applied after the Stamp Duty window!

beth9312

Thanks @E_D_FTB! That’s what I was thinking, we haven’t received anything following that text at the moment.

We booked via a broker, I haven’t heard anything from them as yet but will drop a message.

Hopefully you’ll hear something soon!

E_D_FTB

beth9312 said:

Thanks @E_D_FTB! That’s what I was thinking, we haven’t received anything following that text at the moment.

We booked via a broker, I haven’t heard anything from them as yet but will drop a message.

Hopefully you’ll hear something soon!

No problem - from what I've read  on here the text updates are pretty hit-and-miss, so I don't think it would hurt to message your broker and see if they can see any other updates on their system.