Nationwide Mortgage

WinterInRome

Yellow_1978 said:

Hi, Just wanted to get opinions..... Is waiting for an offer 28 working days after valuation normal for NW? Has anyone heard of it taking that long? Thanks in advance.

I would definitely ring and find out what’s going on. We received the text to say our valuation report had been approved, then it went really quiet. I rung and they were actually waiting for a most recent payslip from us, so if I hadn’t of rung we could have been waiting for ages! 

CharFTB

xMeganCL said:

@CharFTB I'm so sorry to hear that!! Can't believe they took so long to tell you as well 

Thank you, me too. Apparently everything else passed as well, was just that one thing.

bec820

I've just noticed average number of working days to offer has creeped up to 28! We're on day 12 and I'm already so frustrated/anxious etc! 

Wales2020

bec820 said:

I've just noticed average number of working days to offer has creeped up to 28! We're on day 12 and I'm already so frustrated/anxious etc! 

Aww no... i’m two days behind you and going mad already.

have you heard back from your valuation yet? 

xMeganCL

28? Jeezo!! They snuck that one on. 

Ejcmjj

hburnett163 said:

Hi all,
bit worried about not having a valuation confirmation yet! Using a broker and the only confirmation we’ve had was the text letting us know they received our application. Last Tuesday (01/09). Most people got their valuation confirmation very quickly after their application confirmation, anyone else in my position?!

We sent our application on the 18th August and have heard nothing back. Our mortgage broker says its due to the long delays due to lack of staff. We've had no valuation info! Pulling my hair out! 

winogronek

Application submitted about 20th of July, no issues with valuation but Nationwide asked for few extra documents and each time we submit a document they ask for, it takes them almost 2 weeks to process it. I understand they are busy but 2 weeks to process 1 piece of paper? Jeez

Ejcmjj

Anyone in a similar position?
20% LTV application 
18/8/20 - agreement in principle and full application submitted - text received from nationwide. 
20/8/20 nationwide hardsearch (equifax) 
28/8/20 nationwide hardsearch (equifax) 
3/9/20 another nationwide hardsearch (equifax) 
Anyone had multiple hardsearches and or heard absolutely nothing back? 

Wales2020

Ejcmjj said:

Anyone in a similar position?
20% LTV application 
18/8/20 - agreement in principle and full application submitted - text received from nationwide. 
20/8/20 nationwide hardsearch (equifax) 
28/8/20 nationwide hardsearch (equifax) 
3/9/20 another nationwide hardsearch (equifax) 
Anyone had multiple hardsearches and or heard absolutely nothing back? 

Only one hard search so far and valuation completed. I would assume your valuation should have been booked by now? 

hburnett163

Ejcmjj said:

hburnett163 said:

Hi all,
bit worried about not having a valuation confirmation yet! Using a broker and the only confirmation we’ve had was the text letting us know they received our application. Last Tuesday (01/09). Most people got their valuation confirmation very quickly after their application confirmation, anyone else in my position?!

We sent our application on the 18th August and have heard nothing back. Our mortgage broker says its due to the long delays due to lack of staff. We've had no valuation info! Pulling my hair out! 

Yeah, our broker said it was because since working from home they’re lazy! Probably more to do with being the only lender accepting 10% deposits at the moment so most people have no other choice! We only had two other lenders available to us one was the springboard (so not possible for us) and the other was a higher rate of interest. Just huge demand I guess, with the stamp duty holiday too.