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Nationwide Mortgage
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Following on from the above, mortgage was approved subject to valuation on 5th July.randrews1 said:Afternoon All,
FTB 90% LTV in Northern Ireland applying directly to Nationwide. Progress so far:
26th May: DIP accepted
23rd June: Offer accepted
24th June: Full application submitted
5th July: Email received to say mortgage application approved
I still have not received an update regarding the valuation or survey (full building survey), so assuming the application has been approved subject to valuation; Has anyone else experienced this and am I correct?Many thanks,
RThe valuation has been booked for 20th July, however Countrywide have been a disaster regarding the survey, which I paid for via Nationwide when submitting the mortgage application.A week has been wasted and I have been messed about regarding false promises and a surveyor on their panel not accepting the survey as apparently the fee is too low. I can’t be the only person in Northern Ireland to have wanted a survey carried out by / via Countrywide!Very frustrating and extremely poor service from Countrywide.0 -
We've now had hard searches on Credit Karma - mine yesterday and my husband's today. I'm really hoping we hear something soon!House sale/purchase progress (we're selling our rental property and currently living in rented so no pressure to complete both on the same day).
2/6 - Accepted offer on our house.
15/6 - AIP in place with Halifax
18/6 - Offer accepted on our dream home!
19/6 - Solicitors instructed
23/6 - Broker applied for AIP with Nationwide to allow us 23 years due to hubby's age - AIP referred!
24/6 - AIP approved
5/7 - Full application finally in with Nationwide & valuation booked within 2 hours
6/7 - Valuation
12-13/7 - Hard credit searches on both of us with TransUnion (Credit Karma)
13/7 Hard search Equifax (ClearScore)
14/7 Proof of deposit requested in a different format
19/7 Gifted deposit form requested for non-sale part of the deposit - funds were from some inheritance, not gifted - deed of variation sent.
2/8 Text and email saying offer issued, details to follow in the post!
21/9 Exchanged on both properties
24/9 Completed on sale
14/10 Due to complete on purchase0 -
Got my fingers crossed for you! We've had more documents requested so it's back to waiting for those to be processedclare19811 said:We've now had hard searches on Credit Karma - mine yesterday and my husband's today. I'm really hoping we hear something soon!
10th June - DIP submitted
11th June - DIP referred to underwriter
12th June - Viewed house, offer made and accepted
14th June - DIP accepted and full application submitted
16th June - Valuation booked for 18th
18th June - Valuation completed - received text and email confirming the report had been received by Nationwide for review.
22nd June - Hard search (Transunion)
24th June - Second hard search (Equifax)
1st July - Extra documents requested and uploaded by Broker
9th July - Proof of Deposit requested and uploaded by Broker
12 July - Searches applied for
19th July - Problem with Proof of Deposit upload - reuploaded by Broker with narrative
19th July - Survey carried out
20th July - Offer issued - checked and confirmed by Broker
21st July - Contract checks complete
22nd July - Additional enquiries sent
23rd July - Survey report returned
27th July - Documents reviewed and okayed with solicitor
4th August - Searches back
31st August - Final enquiries back
8th September - Contracts signed
15th September - Deposit money transferred
28th September - Exchange
30th September - Proposed Completion1 -
@clare19811 Fingers crossed for you! Same here:
01/07 - application submitted06/07 - valuation booked
10/07 - hard credit searches complete
hoping to hear something soon! We haven’t received the outcome of the valuation yet either1 -
Such a painful process isn't it. I hope they process them quickly for you and you hear something soon!E_D_FTB said:
Got my fingers crossed for you! We've had more documents requested so it's back to waiting for those to be processedclare19811 said:We've now had hard searches on Credit Karma - mine yesterday and my husband's today. I'm really hoping we hear something soon!House sale/purchase progress (we're selling our rental property and currently living in rented so no pressure to complete both on the same day).
2/6 - Accepted offer on our house.
15/6 - AIP in place with Halifax
18/6 - Offer accepted on our dream home!
19/6 - Solicitors instructed
23/6 - Broker applied for AIP with Nationwide to allow us 23 years due to hubby's age - AIP referred!
24/6 - AIP approved
5/7 - Full application finally in with Nationwide & valuation booked within 2 hours
6/7 - Valuation
12-13/7 - Hard credit searches on both of us with TransUnion (Credit Karma)
13/7 Hard search Equifax (ClearScore)
14/7 Proof of deposit requested in a different format
19/7 Gifted deposit form requested for non-sale part of the deposit - funds were from some inheritance, not gifted - deed of variation sent.
2/8 Text and email saying offer issued, details to follow in the post!
21/9 Exchanged on both properties
24/9 Completed on sale
14/10 Due to complete on purchase0 -
We haven't heard anything from the valuation either, I've just assumed it was ok! Our DIP said the house needed to be valued at a certain amount and I'm fairly confident it will have been.beth9312 said:@clare19811 Fingers crossed for you! Same here:
01/07 - application submitted06/07 - valuation booked
10/07 - hard credit searches complete
hoping to hear something soon! We haven’t received the outcome of the valuation yet eitherHouse sale/purchase progress (we're selling our rental property and currently living in rented so no pressure to complete both on the same day).
2/6 - Accepted offer on our house.
15/6 - AIP in place with Halifax
18/6 - Offer accepted on our dream home!
19/6 - Solicitors instructed
23/6 - Broker applied for AIP with Nationwide to allow us 23 years due to hubby's age - AIP referred!
24/6 - AIP approved
5/7 - Full application finally in with Nationwide & valuation booked within 2 hours
6/7 - Valuation
12-13/7 - Hard credit searches on both of us with TransUnion (Credit Karma)
13/7 Hard search Equifax (ClearScore)
14/7 Proof of deposit requested in a different format
19/7 Gifted deposit form requested for non-sale part of the deposit - funds were from some inheritance, not gifted - deed of variation sent.
2/8 Text and email saying offer issued, details to follow in the post!
21/9 Exchanged on both properties
24/9 Completed on sale
14/10 Due to complete on purchase0 -
Nationwide didn’t disclose the valuation to us in the end! Kind of wished they had but the mortgage offer just states the purchase price. We got the offer so didn’t worry too much but would have been interested to know.2
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Just a little update on our application. We've been asked to submit our savings statement in a different format as proof of the part of the deposit that's not coming from the sale of our house. Our savings are in NS&I and they only do one statement per tax year as standard so I've had to request an interim one which I should be able to download tomorrow.House sale/purchase progress (we're selling our rental property and currently living in rented so no pressure to complete both on the same day).
2/6 - Accepted offer on our house.
15/6 - AIP in place with Halifax
18/6 - Offer accepted on our dream home!
19/6 - Solicitors instructed
23/6 - Broker applied for AIP with Nationwide to allow us 23 years due to hubby's age - AIP referred!
24/6 - AIP approved
5/7 - Full application finally in with Nationwide & valuation booked within 2 hours
6/7 - Valuation
12-13/7 - Hard credit searches on both of us with TransUnion (Credit Karma)
13/7 Hard search Equifax (ClearScore)
14/7 Proof of deposit requested in a different format
19/7 Gifted deposit form requested for non-sale part of the deposit - funds were from some inheritance, not gifted - deed of variation sent.
2/8 Text and email saying offer issued, details to follow in the post!
21/9 Exchanged on both properties
24/9 Completed on sale
14/10 Due to complete on purchase0 -
Had the valuer here this morning. Lovely lady who chatted for 30 or so mins.peroni1984 said:Hi Guys
Here our time line. We are using a broker to remortgage from one lender to Nationwide. I think the broker is being optimistic with the value of the house to try and push it under the 75% LTV bracket:
23rd June supplied all docs to broker
24th June text received application received
27th June soft credit search credit karma
28th June call to book valuation on 14th July
4th July hard search credit karma
If they reject our valuation and come in under, what's the likely options?
We have then been asked for clarification on a payment direct from salary, coincidence?
The valuer was from Valuenation, anyone had any experience?
ThanksRe-mortgaged Oct 2021 £385459 Originally ends Oct 2049
MFW 22 - 2385/3830
Current daily interest 16.22
Current end date Jul 20490 -
Our valuation report came back & it was £10k under the asking price! So we’re now waiting on the vendors to come back on if they’ll accept the lower offer. Very disappointing as we loved the house!beth9312 said:@clare19811 Fingers crossed for you! Same here:
01/07 - application submitted06/07 - valuation booked
10/07 - hard credit searches complete
hoping to hear something soon! We haven’t received the outcome of the valuation yet eitherHas anyone been in the same situation? And how did they get on?0
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