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Nationwide Mortgage
Comments
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Well that's it now! 5pm and working day is over for banks.
Long excruciating wait begins now till Monday. When we wait some more..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 exchange0 -
Thats it now. You added 12 days extra on for document checking. It's a joke!hanmoe said:Mortgage broker has been in contact this afternoon stating Nationwide have requested more documents from us 🙈
Have had to send another payslip!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 exchange0 -
Bloody fantastic 🤣 another long old wait!Hope you hear next week x0
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I rang Nationwide myself today, because I thought our broker was on holiday. Nationwide has now had 2nd thoughts about my income(?!), so they've taken £14k off what they're prepared to loan us. Thankfully, I think we have enough to make up this shortfall, and in the long term it just brings our LTV down so it's not *necessarily* a bad thing. However, it means they need to process yet another document (as we'll be using a small gifted deposit from a 2nd relative). So I think our wait will go well into June! Hope you both get some luck next week @hanmoe and @Shellbell136
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Why would they have second thoughts about it? And more to the point when we're they going to inform you of this of you hadn't rang them today??Essexianinkent said:I rang Nationwide myself today, because I thought our broker was on holiday. Nationwide has now had 2nd thoughts about my income(?!), so they've taken £14k off what they're prepared to loan us. Thankfully, I think we have enough to make up this shortfall, and in the long term it just brings our LTV down so it's not *necessarily* a bad thing. However, it means they need to process yet another document (as we'll be using a small gifted deposit from a 2nd relative). So I think our wait will go well into June! Hope you both get some luck next week @hanmoe and @Shellbell136
I'm having second thoughts about nationwide 🤣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 exchange0 -
@Essexianinkent thats a nightmare. @Shellbell136 get the wine out!!!!!1
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@shellbell136 Quite. Absolutely no idea on both counts! Apparently they emailed our broker but they hadn't received anything. Something to do with my 2022 income (SE). Oh well, the money I save to go on furniture is now all going on the deposit!
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I’m also waiting and beginning to think they’re asking for documents so that they can pause the case, add extra days on and keep up with their SLAs! They asked for proof of deposit a few days ago which we had already given to our broker when we applied 😭0
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I’ve just had a notification from ClearScore that NW did a hard search on me on the 31st 😬 so my timeline so far is
19/05 - broker submitted my full application
25/05 - surveyor came to my house
26/05 - NW text to say they had the valuation report
31/05 - hard search
I really hope this goes through, I need to buy my abusive ex out of my house so he leaves 😢🤞🏻Debt was £15,903 😬 Now £2718.14 £0 😲🥳0 -
Fingers crossed for you 🙏 xGreenCat80 said:I’ve just had a notification from ClearScore that NW did a hard search on me on the 31st 😬 so my timeline so far is
19/05 - broker submitted my full application
25/05 - surveyor came to my house
26/05 - NW text to say they had the valuation report
31/05 - hard search
I really hope this goes through, I need to buy my abusive ex out of my house so he leaves 😢🤞🏻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
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