Nationwide Mortgage

WinterInRome

anybodynat said:

Woohoo, I got a text at 8.30am this morning saying they've issues my mortgage offer.  Finally relieved and I told the seller's of the new house who are happy now as we know everything is definite.  Took nearly 7 weeks, and a few sleepless nights and constant worry

Nationwide Application

10/07 Obtained illustration and applied for DIP

13/07 DIP approved, full application submitted.  Soft & Hard searches with Experian and Transunion

15/07 Text rec'd - Application has been received

17/07 Text rec'd - Valuation booked for 31/07

23/07 Sent in extra payslips for pre-furlough and for being back full-time

25/07 Hard search - Transunion (second hard search)

31/07 Text rec'd - Valuation completed and report rec'd by Nationwide

04/08 I called Nationwide who confirmed the valuation was fine

07/08 TMW offer for L2B remortgage approved, copy submitted to Nationwide who had requested it

19/08 Nationwide approved the TMW offer.  Nationwide requested a Let to Buy Certificate from TMW

26/08 Broker rec'd Let to Buy Certificate from TMW and submitted to Nationwide
29/08 NATIONWIDE OFFER ISSUED

The Mortgage Work Application (Let to Buy Remortgage)

13/07 DIP approved, full application submitted

30/07 Physical valuation carried out

07/08 Mortgage offer rec'd

That’s brilliant news! Congratulations 🥳🎉🍾

anybodynat

WinterInRome said:

anybodynat said:

Woohoo, I got a text at 8.30am this morning saying they've issues my mortgage offer.  Finally relieved and I told the seller's of the new house who are happy now as we know everything is definite.  Took nearly 7 weeks, and a few sleepless nights and constant worry

Nationwide Application

10/07 Obtained illustration and applied for DIP

13/07 DIP approved, full application submitted.  Soft & Hard searches with Experian and Transunion

15/07 Text rec'd - Application has been received

17/07 Text rec'd - Valuation booked for 31/07

23/07 Sent in extra payslips for pre-furlough and for being back full-time

25/07 Hard search - Transunion (second hard search)

31/07 Text rec'd - Valuation completed and report rec'd by Nationwide

04/08 I called Nationwide who confirmed the valuation was fine

07/08 TMW offer for L2B remortgage approved, copy submitted to Nationwide who had requested it

19/08 Nationwide approved the TMW offer.  Nationwide requested a Let to Buy Certificate from TMW

26/08 Broker rec'd Let to Buy Certificate from TMW and submitted to Nationwide
29/08 NATIONWIDE OFFER ISSUED

The Mortgage Work Application (Let to Buy Remortgage)

13/07 DIP approved, full application submitted

30/07 Physical valuation carried out

07/08 Mortgage offer rec'd

That’s brilliant news! Congratulations 🥳🎉🍾

Thank you
I'm guessing my broker speaking to their BDM who said who would try and push it through actually worked, otherwise I'd have been waiting 10 working days to look at this document.  I know they're overworked at the minute but it's just been ridiculous amount of time lol

leodis23

anybodynat said:

Woohoo, I got a text at 8.30am this morning saying they've issues my mortgage offer.  Finally relieved and I told the seller's of the new house who are happy now as we know everything is definite.  Took nearly 7 weeks, and a few sleepless nights and constant worry

Nationwide Application

10/07 Obtained illustration and applied for DIP

13/07 DIP approved, full application submitted.  Soft & Hard searches with Experian and Transunion

15/07 Text rec'd - Application has been received

17/07 Text rec'd - Valuation booked for 31/07

23/07 Sent in extra payslips for pre-furlough and for being back full-time

25/07 Hard search - Transunion (second hard search)

31/07 Text rec'd - Valuation completed and report rec'd by Nationwide

04/08 I called Nationwide who confirmed the valuation was fine

07/08 TMW offer for L2B remortgage approved, copy submitted to Nationwide who had requested it

19/08 Nationwide approved the TMW offer.  Nationwide requested a Let to Buy Certificate from TMW

26/08 Broker rec'd Let to Buy Certificate from TMW and submitted to Nationwide
29/08 NATIONWIDE OFFER ISSUED

The Mortgage Work Application (Let to Buy Remortgage)

13/07 DIP approved, full application submitted

30/07 Physical valuation carried out

07/08 Mortgage offer rec'd

Congrats! I'd written off hearing anything today as it's a 3-day weekend, but you getting a text on Saturday has got my hope up

xMeganCL

I wrote off the long weekend too 

WinterInRome

I’d written off the weekend too! Feel like it’s going to be the back end of next week now 😭

anybodynat

leodis23 said:

anybodynat said:

Woohoo, I got a text at 8.30am this morning saying they've issues my mortgage offer.  Finally relieved and I told the seller's of the new house who are happy now as we know everything is definite.  Took nearly 7 weeks, and a few sleepless nights and constant worry

Nationwide Application

10/07 Obtained illustration and applied for DIP

13/07 DIP approved, full application submitted.  Soft & Hard searches with Experian and Transunion

15/07 Text rec'd - Application has been received

17/07 Text rec'd - Valuation booked for 31/07

23/07 Sent in extra payslips for pre-furlough and for being back full-time

25/07 Hard search - Transunion (second hard search)

31/07 Text rec'd - Valuation completed and report rec'd by Nationwide

04/08 I called Nationwide who confirmed the valuation was fine

07/08 TMW offer for L2B remortgage approved, copy submitted to Nationwide who had requested it

19/08 Nationwide approved the TMW offer.  Nationwide requested a Let to Buy Certificate from TMW

26/08 Broker rec'd Let to Buy Certificate from TMW and submitted to Nationwide
29/08 NATIONWIDE OFFER ISSUED

The Mortgage Work Application (Let to Buy Remortgage)

13/07 DIP approved, full application submitted

30/07 Physical valuation carried out

07/08 Mortgage offer rec'd

Congrats! I'd written off hearing anything today as it's a 3-day weekend, but you getting a text on Saturday has got my hope up

Here's hoping they're offering their staff as much as overtime as they like at the moment with it being so busy, that might be why.  Or it might be as the BDM escalated the case not sure, but I do hope your's will come soon.  The main thing for me was the stress of the seller's having to wait.  They've had at least 4 other offers for the full asking price, but I guess I'm not in a chain which is a benefit as they are emigrating to Australia so the next step with solicitor' should be realively smooth I hope.

lancslass26

leodis23 said:

anybodynat said:

Woohoo, I got a text at 8.30am this morning saying they've issues my mortgage offer.  Finally relieved and I told the seller's of the new house who are happy now as we know everything is definite.  Took nearly 7 weeks, and a few sleepless nights and constant worry

Nationwide Application

10/07 Obtained illustration and applied for DIP

13/07 DIP approved, full application submitted.  Soft & Hard searches with Experian and Transunion

15/07 Text rec'd - Application has been received

17/07 Text rec'd - Valuation booked for 31/07

23/07 Sent in extra payslips for pre-furlough and for being back full-time

25/07 Hard search - Transunion (second hard search)

31/07 Text rec'd - Valuation completed and report rec'd by Nationwide

04/08 I called Nationwide who confirmed the valuation was fine

07/08 TMW offer for L2B remortgage approved, copy submitted to Nationwide who had requested it

19/08 Nationwide approved the TMW offer.  Nationwide requested a Let to Buy Certificate from TMW

26/08 Broker rec'd Let to Buy Certificate from TMW and submitted to Nationwide
29/08 NATIONWIDE OFFER ISSUED

The Mortgage Work Application (Let to Buy Remortgage)

13/07 DIP approved, full application submitted

30/07 Physical valuation carried out

07/08 Mortgage offer rec'd

Congrats! I'd written off hearing anything today as it's a 3-day weekend, but you getting a text on Saturday has got my hope up

Yay 😀 brill news, now on to the horrible wait from solicitors... 

anybodynat

lancslass26 said:

leodis23 said:

anybodynat said:

Woohoo, I got a text at 8.30am this morning saying they've issues my mortgage offer.  Finally relieved and I told the seller's of the new house who are happy now as we know everything is definite.  Took nearly 7 weeks, and a few sleepless nights and constant worry

Nationwide Application

10/07 Obtained illustration and applied for DIP

13/07 DIP approved, full application submitted.  Soft & Hard searches with Experian and Transunion

15/07 Text rec'd - Application has been received

17/07 Text rec'd - Valuation booked for 31/07

23/07 Sent in extra payslips for pre-furlough and for being back full-time

25/07 Hard search - Transunion (second hard search)

31/07 Text rec'd - Valuation completed and report rec'd by Nationwide

04/08 I called Nationwide who confirmed the valuation was fine

07/08 TMW offer for L2B remortgage approved, copy submitted to Nationwide who had requested it

19/08 Nationwide approved the TMW offer.  Nationwide requested a Let to Buy Certificate from TMW

26/08 Broker rec'd Let to Buy Certificate from TMW and submitted to Nationwide
29/08 NATIONWIDE OFFER ISSUED

The Mortgage Work Application (Let to Buy Remortgage)

13/07 DIP approved, full application submitted

30/07 Physical valuation carried out

07/08 Mortgage offer rec'd

Congrats! I'd written off hearing anything today as it's a 3-day weekend, but you getting a text on Saturday has got my hope up

Yay 😀 brill news, now on to the horrible wait from solicitors... 

Thanks very much.  Yeah on to the next challenge haha.  My searches were ordered on 17th and a few have come back already luckily, and we've got the contract from the seller already.  

Something bit strange though, apparently my current house I am remortgaging is missing a deed from 1846 lol - my original solicitor 8 years ago never queried that, but this new one is, so I'm getting a quote for an indemnity policy, really hope it's cheap lol.  The seller is leaving loads of furniture too as they are emigrating so we're going down this week to finalise that, and now I'm looking up all the landlord requirements, checks etc I've got to do haha.

hosted

Hi all, 
Read this post from start to finish. 
Currently have an 80k mortgage with nationwide. We've outgrown our home and we're now looking for a 250k mortgage with a 15% deposit. It is our intention just to stay with the nationwide. As we are existing customers the proposal is that the existing 80k mortgage will be at the same rate and will remain on our current deal at the same rate. The additional borrowing is slightly higher rate but nothing concerning. 

On the 26th Aug we received a text saying good news the mortgage product has been reserved.

Moments later a text "hi nationwide here. we've received your mortgage application. if you're an existing customer switching to a new deal, your switch has been accepted" we assumed this meant it was a done deal but now I'm not so sure - anyone else had experience of this? (This is how I found this thread searching on the body of this text message as it was on the original post.) 

On the same day we received a further text saying we've received your mortgage application and then a 3rd text confirming the valuation was booked for the 27 August.

On the 27th August we received a text confirming the valuation report had arrived. I note some people immediately received an offer of a mortgage once the valuation report arrived which has concerned me slightly. 

What are peoples opinions? Anone else had a nationwide mortgage and upped the amount? I assume it's just a waiting game? 

loverlygal

Hi all, I'm joining the party, such as it is!
We put in our application for a FTB mortgage on Jun 29th initially, valuation done on 9th Aug and report received soon after, all fine. Email received a week last Monday to say we had been declined as too much of our 10% deposit had been gifted (we hadn't known this was a possibility until after we had put in the application).
The next day we put in a revised application with a 15% deposit £10,000 gifted £8,000 our own savings on a £120,000 house and we're now 13 days in to waiting for a decision to be made. We're both getting a lot of sleepless nights!