Nationwide Mortgage

WinterInRome

Tonyw193 said:

How long have people generally been waiting for the valuation report to be approved. Also will nationwide inform us of how much the property has been valued at or will it be a simple yes/no. 

We waited 5 working days for our valuation report to get approved. Had a text saying they had received it, then a couple minutes later saying it had been approved. 

Tonyw193

WinterInRome said:

Tonyw193 said:

How long have people generally been waiting for the valuation report to be approved. Also will nationwide inform us of how much the property has been valued at or will it be a simple yes/no. 

We waited 6 working days for our valuation report to get approved. Had a text saying they had received it, then a couple minutes later saying it had been approved. 

Thanks for letting me know. We just got our datd through yesterday after application and were wondering how long it would take. Although things appear to be slow its reassuring to see other getting through the process. Hopefully it won't be much longer for your offer. 

sambam67

I had my valuation approved text 3 days after valuation had taken place.. so 10th (valuation) and 13th (text stating) they asked for another document on this day.. and I’m still waiting to hear back from them!!! According to timescales, yesterday was the deadline... still no news 😳

Tonyw193

sambam67 said:

I had my valuation approved text 3 days after valuation had taken place.. so 10th (valuation) and 13th (text stating) they asked for another document on this day.. and I’m still waiting to hear back from them!!! According to timescales, yesterday was the deadline... still no news 😳

Sounds a nightmare. Hopefully you hear something soon. What type of additional documents have been requested? We uploaded everything yesterda through our broker. Im hoping were relatively straightforward applicants as weve both been working throughout this with no changes to salary ect. Hoping for a smooth ride haha

sambam67

They wanted an extra weeks bank statements.. I’m applying as a single applicant, I’m a nurse so not affected by Covid (financially anyway). Just hoping I hear before the weekend! Another weekend of not knowing is soul destroying! Hope it goes smoothly for you!! 😊

Tonyw193

sambam67 said:

They wanted an extra weeks bank statements.. I’m applying as a single applicant, I’m a nurse so not affected by Covid (financially anyway). Just hoping I hear before the weekend! Another weekend of not knowing is soul destroying! Hope it goes smoothly for you!! 😊

Ahh it sounds so frustrating! Yeah my partner is also a nurse. Maybe wont be as simple just depends on what they want to see. Fingers crossed youve got your offer by the weekend.
I think i was kidding myself when i said the house buying process cant be that stressful haha who am i kidding. The offer part was frustrating enough haha

sambam67

I think it all just takes time as they’re lending out a lot of money (so I keep telling myself).. but hey, in a years time, we’ll all look back and this will be a distant memory! Good luck 😊

xMeganCL

Mortgage advisor sent them over my August payslip today that they requested. And the wait begins again...

fitechrry9

Just a quick update - vendors have been really pushy with me providing updates on the mortgage. So I called Nationwide asking for an update as the valuation report was received by them on 9th August and still not approved. The call handler apologised and couldn't tell me why it wasn't approved yet as it should have been 'some time ago' - it's now being escalated to their manager and I should receive an update by close of business tomorrow. I felt bad phoning up given how busy they are, but it can pay to chase it up I guess...

leodis23

Tonyw193 said:

How long have people generally been waiting for the valuation report to be approved. Also will nationwide inform us of how much the property has been valued at or will it be a simple yes/no. 

My report was conducted and received by NW on the same day, this is now working day 6 waiting to hear if it's been approved. Asked my MB if there was an update, but was just given the 9 working day timeframe