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Nationwide Mortgage
Comments
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Congratulations!!1
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hudson2012 said:hudson2012 said:Hi all, think this may be my second ever post but I got tired of lurking. Applied through a broker and my timelines are:
Mortgage applied 13th May
Valuation carried out 17th May
My broker said Nationwide's timelines have increased but hopefully the wait won't be for much longer.
Hard search 29/5/2022
Text confirming mortgage offer issued received today !!!My timeline is as follows:
26/4 DIP referred
27/4 DIP accepted
10/5 Offer accepted on property
10/5 Full application done, April payslip requested
10/5 Hard search done - clearscore
11/5 Instructed solicitor and paid money onto account
11/5 Text to say valuation booked for 12/5
18/5 Broker emailed to say property down valued by 10k.
18/5 Vendor accepted 10k reduction
18/5 Application resubmitted with amended figures.
23/5 Two texts together to say valuation received and being assessed and valuation accepted.
23/5 Subsequent soft search appears on clearscore
24/5 Broker requested bank statements for lender of deposit accounts and full statements for second bank account.
27/5 I rang NW myself for an update. Next update due on 13/6
28/5 Hard search appeared on credit karma and clearscore
9/6 Mortgage offer received
9/6 Instructed solicitor again now that offer received
13/6 Mortgage paperwork received in post
5/7/22 Contract papers received from sellers solicitor to my solicitor(seller delayed this due to not filling out initial paperwork straight away).
5/7/22 Searches have began.
25/7/22 Received title report and searches back
5/9/22 Contracts signed and returned in readiness for exchange1 -
marrandrew said:
Fri 27/05 second hard searchmarrandrew said:9/05 - Text confirming application received.
9/05 - Text confirming valuation has been booked9/05 hard and soft search
11/05 - Valuation receivedMy timeline is as follows:
26/4 DIP referred
27/4 DIP accepted
10/5 Offer accepted on property
10/5 Full application done, April payslip requested
10/5 Hard search done - clearscore
11/5 Instructed solicitor and paid money onto account
11/5 Text to say valuation booked for 12/5
18/5 Broker emailed to say property down valued by 10k.
18/5 Vendor accepted 10k reduction
18/5 Application resubmitted with amended figures.
23/5 Two texts together to say valuation received and being assessed and valuation accepted.
23/5 Subsequent soft search appears on clearscore
24/5 Broker requested bank statements for lender of deposit accounts and full statements for second bank account.
27/5 I rang NW myself for an update. Next update due on 13/6
28/5 Hard search appeared on credit karma and clearscore
9/6 Mortgage offer received
9/6 Instructed solicitor again now that offer received
13/6 Mortgage paperwork received in post
5/7/22 Contract papers received from sellers solicitor to my solicitor(seller delayed this due to not filling out initial paperwork straight away).
5/7/22 Searches have began.
25/7/22 Received title report and searches back
5/9/22 Contracts signed and returned in readiness for exchange0 -
hudson2012 said:hudson2012 said:Hi all, think this may be my second ever post but I got tired of lurking. Applied through a broker and my timelines are:
Mortgage applied 13th May
Valuation carried out 17th May
My broker said Nationwide's timelines have increased but hopefully the wait won't be for much longer.
Hard search 29/5/2022
Text confirming mortgage offer issued received today !!!Life is too short not to love what you do.1 -
hudson2012 said:hudson2012 said:Hi all, think this may be my second ever post but I got tired of lurking. Applied through a broker and my timelines are:
Mortgage applied 13th May
Valuation carried out 17th May
My broker said Nationwide's timelines have increased but hopefully the wait won't be for much longer.
Hard search 29/5/2022
Text confirming mortgage offer issued received today !!!
my timeline is very similar
13/5 applied
18/5 valuation done
29/5 hard search
30/5 waiting……1 -
We're very early in the game having only applied for our mortgage on Friday last week, the MA said NW are on around 6 working days for the initial assessment. It's gonna be even longer for us as the blasted long weekend (which I am working because Nursing never stops!) is on it's way 🙃
Congrats on all those who have had answers today and let's keep trucking for everyone else 😅Life is too short not to love what you do.2 -
Anyone else experiencing horrifically long wait times at the moment?
We applied on 26th April - It's been over 5 weeks and they requested another document on Friday...processing times are now 11 days! Valuation accepted and credit checks fine. So looks to be mid June now that we find out, what with all these Bank Holidays. Nearly 2 months of gruelling wait. I just hope our sellers don't get impatient and relist!
Good luck to everyone applying!0 -
Essexianinkent said:Anyone else experiencing horrifically long wait times at the moment?
We applied on 26th April - It's been over 5 weeks and they requested another document on Friday...processing times are now 11 days! Valuation accepted and credit checks fine. So looks to be mid June now that we find out, what with all these Bank Holidays. Nearly 2 months of gruelling wait. I just hope our sellers don't get impatient and relist!
Good luck to everyone applying!My timeline is as follows:
26/4 DIP referred
27/4 DIP accepted
10/5 Offer accepted on property
10/5 Full application done, April payslip requested
10/5 Hard search done - clearscore
11/5 Instructed solicitor and paid money onto account
11/5 Text to say valuation booked for 12/5
18/5 Broker emailed to say property down valued by 10k.
18/5 Vendor accepted 10k reduction
18/5 Application resubmitted with amended figures.
23/5 Two texts together to say valuation received and being assessed and valuation accepted.
23/5 Subsequent soft search appears on clearscore
24/5 Broker requested bank statements for lender of deposit accounts and full statements for second bank account.
27/5 I rang NW myself for an update. Next update due on 13/6
28/5 Hard search appeared on credit karma and clearscore
9/6 Mortgage offer received
9/6 Instructed solicitor again now that offer received
13/6 Mortgage paperwork received in post
5/7/22 Contract papers received from sellers solicitor to my solicitor(seller delayed this due to not filling out initial paperwork straight away).
5/7/22 Searches have began.
25/7/22 Received title report and searches back
5/9/22 Contracts signed and returned in readiness for exchange1 -
scottie555 said:hudson2012 said:hudson2012 said:Hi all, think this may be my second ever post but I got tired of lurking. Applied through a broker and my timelines are:
Mortgage applied 13th May
Valuation carried out 17th May
My broker said Nationwide's timelines have increased but hopefully the wait won't be for much longer.
Hard search 29/5/2022
Text confirming mortgage offer issued received today !!!
my timeline is very similar
13/5 applied
18/5 valuation done
29/5 hard search
30/5 waiting……2 -
@shellbell136 sounds like we have exactly the same time line! My partner and I are both self employed, although we have a big deposit so hopefully this helps. Are you going through a broker? I'm guessing the wait time with NW coincided with the rates going up and everyone stampeding to remortgage to lock in the best rate. Just so unfortunate timing wise. I have my fingers crossed for you!1
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