Nationwide Mortgage

DJC10

PhilFTB said:

DJC10 said:

The never ending waiting just goes on and on for us. Below is our timeline if it helps ease the anxiety for others. I believe this is working day 27 for us now and the longer it goes on the less optimistic we are getting. We are FTB with 10% deposit (half savings/half gifted), neither of us were furloughed and are on good incomes. We are also from Northern Ireland, if that makes a difference to how long we've been waiting.

9/7 Offer accepted for house
9/7 - 18/7 MB tries to get through to HSBC for 90% LTV mortgage
20/7 Advised MB to apply for NW 90% LTV instead
22/7 The DIP has been overridden to allow you to progress to Full Mortgage Application however, underwriting will be required before a lending decision can be reached.
28/7 NW text to say application received
28/7 MB asks for identity documents, payslips and bank statements
30/7 Soft credit search
3/8 NW text to advise valuation booked for 07/08
7/8 Hard credit search
7/8 Valuation carried out (Confirmed that it took place by Estate Agent following week after not receiving any text from NW)
12/8 MB asks for more bank statements and payslips and explanation of some addresses
24/8 MB calls NW to escalate and they say case will be assessed by end of day
26/8 MB emails to say one bank statement missing and we're back in queue
27/8 MB rings through to escalate again
1/9 MB rings NW once more and they advise it is being looked at today
1/9 MB sends me a copy of Valuation report carried out 7/8

Haven't received any texts from NW since 3/8 and I'm still unsure whether the valuation has been approved. Hoping that there will be a final decision before end of week but not likely given their track record so far. Really not sure what they are doing or why it's taking so long. Been in this process so long now that my MB has bank statements going back to Jan/Feb haha

Just starting the process myself - why did ask for more bank statements?

Apparently, they didn't have my May-June bank statement and needed 3 full months of continuous statements. It was an unfortunate oversight by the MB and seems to have cost us about 2 weeks of waiting.

sambam67

DJC10 said:

PhilFTB said:

DJC10 said:

The never ending waiting just goes on and on for us. Below is our timeline if it helps ease the anxiety for others. I believe this is working day 27 for us now and the longer it goes on the less optimistic we are getting. We are FTB with 10% deposit (half savings/half gifted), neither of us were furloughed and are on good incomes. We are also from Northern Ireland, if that makes a difference to how long we've been waiting.

9/7 Offer accepted for house
9/7 - 18/7 MB tries to get through to HSBC for 90% LTV mortgage
20/7 Advised MB to apply for NW 90% LTV instead
22/7 The DIP has been overridden to allow you to progress to Full Mortgage Application however, underwriting will be required before a lending decision can be reached.
28/7 NW text to say application received
28/7 MB asks for identity documents, payslips and bank statements
30/7 Soft credit search
3/8 NW text to advise valuation booked for 07/08
7/8 Hard credit search
7/8 Valuation carried out (Confirmed that it took place by Estate Agent following week after not receiving any text from NW)
12/8 MB asks for more bank statements and payslips and explanation of some addresses
24/8 MB calls NW to escalate and they say case will be assessed by end of day
26/8 MB emails to say one bank statement missing and we're back in queue
27/8 MB rings through to escalate again
1/9 MB rings NW once more and they advise it is being looked at today
1/9 MB sends me a copy of Valuation report carried out 7/8

Haven't received any texts from NW since 3/8 and I'm still unsure whether the valuation has been approved. Hoping that there will be a final decision before end of week but not likely given their track record so far. Really not sure what they are doing or why it's taking so long. Been in this process so long now that my MB has bank statements going back to Jan/Feb haha

Just starting the process myself - why did ask for more bank statements?

Apparently, they didn't have my May-June bank statement and needed 3 full months of continuous statements. It was an unfortunate oversight by the MB and seems to have cost us about 2 weeks of waiting.

Exact same thing happened with me 🧐 

xMeganCL

I don't even know what they actually asked for in the first place. I just sent everything over my mortgage advisor that she asked for, I don't know how much of it has actually been used. 

WinterInRome

Anyone had any updates? I feel like the offers being issued have slowed right down 😭

lisatops

I've had nothing yet.....jumping everytime phone pings :-(
Supposed to be getting our offer today by close of business...........starting to lose faith in them now :-(

WinterInRome

lisatops said:

I've had nothing yet.....jumping everytime phone pings :-(
Supposed to be getting our offer today by close of business...........starting to lose faith in them now :-(

I’ve just had quite a sharp email from my solicitor basically saying “!!!!!! is going on” 😂 I’ve just rung my MA and he’s said if there is no news today, he will chase it Monday 🙄 

Everyone is starting to get very fed up now I think 😭

lisatops

WinterInRome said:

lisatops said:

I've had nothing yet.....jumping everytime phone pings :-(
Supposed to be getting our offer today by close of business...........starting to lose faith in them now :-(

I’ve just had quite a sharp email from my solicitor basically saying “!!!!!! is going on” 😂 I’ve just rung my MA and he’s said if there is no news today, he will chase it Monday 🙄 

Everyone is starting to get very fed up now I think 😭

LOL ! My MA was at that stage on Weds afternoon, I work in a Conveyacing law firm, so I don't get the emails - I get the '!!!!!! is going on' to my face lol !
Still nothing yet......tick tock tick tock - my exchange date was provisionally next week, that's prob not gonna happen now !

leodis23

Just had an update from my MB, my case is being escalated to a senior person at NW becuase it's now outside of the timescales. Should hopefully have an update in 2 working days.

Fortunately I'm not being pestered by solicitors yet, the vendor's solicitor sent her paperwork to the house I'm buying, despite it being vacant and the vendor living in Australia, set their process back a couple of weeks.

WinterInRome

lisatops said:

WinterInRome said:

lisatops said:

I've had nothing yet.....jumping everytime phone pings :-(
Supposed to be getting our offer today by close of business...........starting to lose faith in them now :-(

I’ve just had quite a sharp email from my solicitor basically saying “!!!!!! is going on” 😂 I’ve just rung my MA and he’s said if there is no news today, he will chase it Monday 🙄 

Everyone is starting to get very fed up now I think 😭

LOL ! My MA was at that stage on Weds afternoon, I work in a Conveyacing law firm, so I don't get the emails - I get the '!!!!!! is going on' to my face lol !
Still nothing yet......tick tock tick tock - my exchange date was provisionally next week, that's prob not gonna happen now !

I’ve actually taken it into my own hands now as I wanted an answer.... good job I did! Nationwide waiting for our most recent payslip!! Typical!

ive been completely let down by my mortgage advisor, he’s been so slow during the whole process, I’m fuming! 

So quick whip round scramble to get the recent payslips sent off to nationwide in some ridiculous hope, we will get an offer next week!

i could cry with the stress of it all 😂

WinterInRome

leodis23 said:

Just had an update from my MB, my case is being escalated to a senior person at NW becuase it's now outside of the timescales. Should hopefully have an update in 2 working days.

Fortunately I'm not being pestered by solicitors yet, the vendor's solicitor sent her paperwork to the house I'm buying, despite it being vacant and the vendor living in Australia, set their process back a couple of weeks.

Fingers crossed for your update! 🤞🏻🤞🏻🤞🏻