We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Nationwide Mortgage
Comments
-
@KPHOME @Shellbell136 Have you received your paperwork yet through the post? Just wondered how long this bit is going to take - I'm remortgaging and I just need to know when this pain is going to end! I also have no idea how long it takes to actually get the funds moved. I'm due to pay my existing mortgage on 30 June? Any advice from anyone who's been through this bit would be gratefully received!!0
-
Yes my paperwork came on Monday.GGM29 said:@KPHOME @Shellbell136 Have you received your paperwork yet through the post? Just wondered how long this bit is going to take - I'm remortgaging and I just need to know when this pain is going to end! I also have no idea how long it takes to actually get the funds moved. I'm due to pay my existing mortgage on 30 June? Any advice from anyone who's been through this bit would be gratefully received!!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 -
So quite quickly then. Thanks! I had a vision of this dragging on for another four weeks!0
-
Oh no. It actually says that they expect the mortgage to start on 1st July. High expectations from people who take weeks themselves to sort things out. 🤣GGM29 said:So quite quickly then. Thanks! I had a vision of this dragging on for another four weeks!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 -
Got the offer text through Monday morning before 9am, received the paperwork yesterday (Thursday).GGM29 said:@KPHOME @Shellbell136 Have you received your paperwork yet through the post? Just wondered how long this bit is going to take - I'm remortgaging and I just need to know when this pain is going to end! I also have no idea how long it takes to actually get the funds moved. I'm due to pay my existing mortgage on 30 June? Any advice from anyone who's been through this bit would be gratefully received!!1 -
@Shellbell136 You would be doing me a MASSIVE favour if you were to keep your timeline updated re when you got the paperwork etc and if any further hard searches were done - I don't imagine they will - but I've got myself up to high dough with this whole thing. Husband is probably going to divorce me before this comes through I'm such a neurotic wreck
0 -
Yes will do. There will be another Hard search before completion apparently. So I'm expecting one more to appear near the end if the process.GGM29 said:@Shellbell136 You would be doing me a MASSIVE favour if you were to keep your timeline updated re when you got the paperwork etc and if any further hard searches were done - I don't imagine they will - but I've got myself up to high dough with this whole thing. Husband is probably going to divorce me before this comes through I'm such a neurotic wreck 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 -
Do they definitely do this?0
-
Application submitted on 4/05
Got offer on 12/5
First time buyers with 95%
On 07/06 broker amended application because we negotiated price by £8k down.
No news since then .... Amendment takes longer than the whole of application + valuation now days ;(1 -
Yes my broker said they do.GGM29 said:Do they definitely do this?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
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.3K Banking & Borrowing
- 253.2K Reduce Debt & Boost Income
- 453.7K Spending & Discounts
- 244.2K Work, Benefits & Business
- 599.4K Mortgages, Homes & Bills
- 177.1K Life & Family
- 257.7K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards