Nationwide Mortgage

narryslilo

So my MB has escalated it today and has been told it’s with a senior manager. Let’s hope it doesn’t take much longer. 

WinterInRome

How’s everyone getting on?! 

Please tell me I’m not the only one constantly checking their phones for some updates 😂🤞🏻 

narryslilo

WinterInRome said:

How’s everyone getting on?! 

Please tell me I’m not the only one constantly checking their phones for some updates 😂🤞🏻 

Definitely not, every time mine makes the slightest noise I’m looking and it’s normally just app notifications 😩

WinterInRome

narryslilo said:

WinterInRome said:

How’s everyone getting on?! 

Please tell me I’m not the only one constantly checking their phones for some updates 😂🤞🏻 

Definitely not, every time mine makes the slightest noise I’m looking and it’s normally just app notifications 😩

Ahhh I’m the same! Seems like there has been a influx of applications and that’s why the timescales are all over the place! I’m so jealous of everyone that’s had same day offers 😭

mathdotrandom

I'm a nerve-wreck too...absolutely no news since the document request. Still no valuation booked for me!

WinterInRome

Literally just had the text come through to say our valuation report has been approved!!! 5 working days for us 🤞🏻🤞🏻🤞🏻🤞🏻 Fingers crossed for some results for you all! 🥳

narryslilo

after the longest month ever!! good luck to everyone else still waiting 

Suseka97

Have been reading this thread with interest and its been a great help!

So our story....we've decided to retire and move and have had a quick offer on our property which is great.  We've been with NW for a gazillion years (or so it seems) and hoped to port our mortgage.  Moving area and we are not planning to downsize.  So I thought it would all be straightforward.... but oh how wrong was I.  I realised to get a DIP, even though we want to port, we would have to go through the full application process and of course our incomes have reduced - but I wasn't expecting a Decline.  Computer says no kind of thing.

Anyway, the mortgage adviser/assistant person redid the submission to show that we'd cleared down all of our existing debts (loans and CCs) - which he hadn't done the first time.  Anyway, this time it came back with a very low lending offer, way lower than our current outstanding mortgage.  So he forwarded the application to the underwriter and within 24hrs we got our DIP which effectively allows us to port out mortgage in full.  Go figure, but it was a relief!

We've yet to offer on a property because we are relocating quite some distance and need to arrange a little vacation to go house-hunting - which will hopefully be next week. We've seen a few we're interested in.

One question I have is that I understand the DIP involves a 'soft search' whereas to get the actual mortgage offer it will require a 'hard search'.  Has anyone experienced any issues with that?  I would expect a soft search to throw up any issues - not that I think we have any, now all debts are paid - but I just wondered why they don't just do the hard search from the outset.  

xMeganCL

They've asked my mortgage advisor for an August payslip today. Which isn't due out until I get paid tomorrow. I've asked my work if they can try and get it out to me today. 

DaveWilson25

Hi,
Sorry for jumping on the bandwagon here but i'm having the same waiting issues and with my broker. I had a potential issue re my credit report as I have everything registered at my parents address so in order to obtain my credit score (which is rated as excellent) I need to use this address. All explained to my broker who said it should be fine but when the DIP was submitted it said it would need to be referred. Again told not to worry and that he would explain the situation. Now i'm over three weeks from the application and all information going in and i've just been informed that the valuation has been rescheduled for a date almost two weeks later. 
Two questions: 
1) i know they book in the valuation as the application goes in but can i assume they have at least checked the information i have provided and so the address shouldn't pose an issue? Everything else looks fine in terms of affordability, LTV and don't have any outstanding lines of credit. 
2) Should I be concerned about the valuation rescheduling? I guess in line with the above? Or is it just a case of them being busy (which was explained to me at the start of the process) or access issues with the seller?  
Would appreciate any advice!
Cheers,
Dave