Nationwide Mortgage

FirstTB2022

jo4514 said:

Congratulations on those with recent mortgage offers!

@FirstTB2022 Unfortunately like you, I’m still waiting. After further information was requested last Tuesday, my MA chased them today and we are still in a queue for this information to be processed! 

Was your application refer at DIP? Mine was, so manual underwriting!

Pinky_1990

FirstTB2022 said:

Was application a refer case at DIP ! Mine was so manual underwriting. 

Do you mind me asking if you know what kind of underwriting happens to cases that aren’t referred? I assume underwriting still takes place but what’s the difference with manual underwriting? 

I am finding Nationwide quite slow at reviewing documents. If they ask for something extra, it takes them the best part of a week to look at them. Our valuation is due on Wednesday and I had to provide a back to work letter in relation to my maternity leave last Thursday, so I’m hopeful we will hear something by the end of the week 🤞

FirstTB2022

Pinky_1990 said:

FirstTB2022 said:

Was application a refer case at DIP ! Mine was so manual underwriting. 

Do you mind me asking if you know what kind of underwriting happens to cases that aren’t referred? I assume underwriting still takes place but what’s the difference with manual underwriting? 

I am finding Nationwide quite slow at reviewing documents. If they ask for something extra, it takes them the best part of a week to look at them. Our valuation is due on Wednesday and I had to provide a back to work letter in relation to my maternity leave last Thursday, so I’m hopeful we will hear something by the end of the week 🤞

not 100% sure though, I think most normal cases decision making are automated with some manual document checking. Usually document reviewing take up-to 4 days. so hopefully today or tomorrow you should have an update. 

firsttimebuyer15

Do people with MA's have direct access to them? ie email or phone numbers? It's a pain having to just phone the generic phone number all the time.

Anyone had a valuation expire? Did Nationwide just use the previous valuation or did they actually send a valuer back to the property?

jo4514

FirstTB2022 said:

Was application a refer case at DIP ! Mine was so manual underwriting. 

No, but we run a limited company and I think it’s possible ours is a manual underwriting because of this too.

I agree with you @Pinky_1990 that processing of documents is slow. If more documents are requested you’re back in a queue and almost back to square one. It’s usually been a Tuesday our documents have been requested so it keeps pushing into the following week. I’m amazed to see that some people are getting offers within a few days! Nationwide have now also carried out two soft searches and a hard search on us. 

FirstTB2022

jo4514 said:

FirstTB2022 said:

Was application a refer case at DIP ! Mine was so manual underwriting. 

No, but we run a limited company and I think it’s possible ours is a manual underwriting because of this too.

I agree with you @Pinky_1990 that processing of documents is slow. If more documents are requested you’re back in a queue and almost back to square one. It’s usually been a Tuesday our documents have been requested so it keeps pushing into the following week. I’m amazed to see that some people are getting offers within a few days! Nationwide have now also carried out two soft searches and a hard search on us. 

Same, we run a limited company too. Just spoke to my mortgage broker this morning, she said we could have an update any minute now as our full application went 16/01, and we have an exchange of contract deadline, as she has escalated the case. hopefully its an offer!

Pinky_1990

Good luck to you both @FirstTB2022 and @jo4514 let’s hope you hear something soon 😊

FirstTB2022

FirstTB2022 said:

jo4514 said:

FirstTB2022 said:

Was application a refer case at DIP ! Mine was so manual underwriting. 

No, but we run a limited company and I think it’s possible ours is a manual underwriting because of this too.

I agree with you @Pinky_1990 that processing of documents is slow. If more documents are requested you’re back in a queue and almost back to square one. It’s usually been a Tuesday our documents have been requested so it keeps pushing into the following week. I’m amazed to see that some people are getting offers within a few days! Nationwide have now also carried out two soft searches and a hard search on us. 

Same, we run a limited company too. Just spoke to my mortgage broker this morning, she said we could have an update any minute now as our full application went 16/01, and we have an exchange of contract deadline, as she has escalated the case. hopefully its an offer!

Wait is over, finally this evening got an offer text from nationwide.

good luck to everyone waiting 

jo4514

Congratulations @FirstTB2022!

I’m still waiting. I put my full application in on 25/1, a week after you, so maybe I just need to be a little bit more patient! 

FirstTB2022

jo4514 said:

Congratulations @FirstTB2022!

I’m still waiting. I put my full application in on 25/1, a week after you, so maybe I just need to be a little bit more patient! 

Thanks, Good Luck! I am sure you will get it too in the next couple of days.