Nationwide Mortgage

JAM0915

hawkins1980 said:

JAM0915 said:

I know that feeling! That would have been useful, haha. I mean, we have decided to go for it in the hope the mortgage will go through okay & then it saves on a huge wait as the mining search we need takes around 8 weeks to come back! Thank you. I don't think there is a right or wrong way as such, I hope everything works out whichever way you decide to do it

I know someone who had to have the mining search and that was 8 weeks wait for it, how do you know if you have to have a mining search? 

Hey, so I’m pretty sure it’s just the area. I mean, we know the area we are will need one, but if you’re not sure I would ask a solicitor they should be able to tell you  

clare19811

After what felt like forever to actually get the mortgage offer from Nationwide, our solicitor asked for permission to exchange yesterday. Nationwide came back and said they are considering the level of ground rent as they consider it to be high. And now it's the bank holiday weekend so it's going to be a long wait to see if they are still happy to go ahead. I'm not sure what we'll do if they withdraw their offer.

JAM0915

We’ve had a hard credit search done on credit karma yesterday, is this usually a good sign? The valuation is booked for Friday?

hawkins1980

JAM0915 said:

We’ve had a hard credit search done on credit karma yesterday, is this usually a good sign? The valuation is booked for Friday?

Morning, 
I had mine on 12th of August with Equifax and credit Karma but apart from wanting the document in a different format heard nothing since. Fingers crossed for good news for you. 

hawkins1980

clare19811 said:

After what felt like forever to actually get the mortgage offer from Nationwide, our solicitor asked for permission to exchange yesterday. Nationwide came back and said they are considering the level of ground rent as they consider it to be high. And now it's the bank holiday weekend so it's going to be a long wait to see if they are still happy to go ahead. I'm not sure what we'll do if they withdraw their offer.

Hope it all goes OK for you, I find the waiting the worst, fingers 🤞 

JAM0915

Thanks Hawkins! I hope you hear some good news soon, I hate waiting so much haha. Please keep me updated with how it goes for you  

clare19811

hawkins1980 said:

clare19811 said:

After what felt like forever to actually get the mortgage offer from Nationwide, our solicitor asked for permission to exchange yesterday. Nationwide came back and said they are considering the level of ground rent as they consider it to be high. And now it's the bank holiday weekend so it's going to be a long wait to see if they are still happy to go ahead. I'm not sure what we'll do if they withdraw their offer.

Hope it all goes OK for you, I find the waiting the worst, fingers 🤞 

The waiting is definitely the worst. Also, I've dreaded a bank holiday weekend more, I just want to know what's going on and whether we need to look for another lender.

Purplestars89

Hi 

Does anyone know which credit reference agencies nationwide use now ? It seems like it’s equifax and transunion but I could be wrong.

clare19811

Purplestars89 said:

Hi 

Does anyone know which credit reference agencies nationwide use now ? It seems like it’s equifax and transunion but I could be wrong.

Those are the ones that they used with us.

JAM0915

We’ve had hard searches done with both credit karma & ClearScore over the past week. Hope this helps!