Nationwide Mortgage

hburnett163

tudeedee said:

Thanks ,do you mean the chat with us one where u chat with someone?

Yes

coffeedude55

Posting my My timeline:
DIP 16/07
Mortgage App Submitted 28/07
Valuation booked 28/07
Valuation completed 09/08
Valuation reviewed and accepted 19/08
Documents resent 03/09 (had no idea they were missing) 
More documents requested 15/09
Escalated case 18/09
Mortgage Offer issued 21/09

Tonyw193

Day 23 and its starting to drive me mad! Even if they come back about the valuation report that would be something. 

Frances13

Tonyw193 said:

Day 23 and its starting to drive me mad! Even if they come back about the valuation report that would be something. 

I know the feeling... I'm now day 33  

Tonyw193

Frances13 said:

Tonyw193 said:

Day 23 and its starting to drive me mad! Even if they come back about the valuation report that would be something. 

I know the feeling... I'm now day 33  

I think if i got the valuation report id be abit more at ease with it. You must be pulling your hair out by now. Hopefully you hear something this week since your going over the timescales! 

LZRBOI

Got my valuation back today. £14,000 down valued!!!  
Not sure if the seller will accept that. He is an investor who bought the house last year £13,000 less than what Nationwide have offered. He renovated it so nicely, hence us offering £14,000 more than Nationwide have valued it.

hburnett163

coffeedude55 said:

Posting my My timeline:
DIP 16/07
Mortgage App Submitted 28/07
Valuation booked 28/07
Valuation completed 09/08
Valuation reviewed and accepted 19/08
Documents resent 03/09 (had no idea they were missing) 
More documents requested 15/09
Escalated case 18/09
Mortgage Offer issued 21/09

may I ask what is meant by 'escalated case' and why this happened?

hburnett163

I had a call from the estate agent yesterday explaining our sellers have found their new house and it's a new build which will be ready for them in October!! Their solicitors have already sorted out all paperwork and I'm assuming they're cash buyers (from the sale) or have a tiny mortgage so haven't had to go through our process.
The sales progression team member dealing with our case at the estate agent was asking about our mortgage status and I explained that a) our broker has been radio silent since our meeting (which took him another week and a half to actually submit the application to Nationwide) and I've been emailing him with no response b) I went direct to nationwide on Friday and they said that they hadn't reviewed our documents (working day 18). She was great and basically said our broker isn't doing his job and I gave her his details to which she said 'leave it with me' (she's my favourite person in this whole process)
Not sure what this is going to mean, does anyone know if lenders ever prioritise cases?

SharkMan

Hi all, good luck with your applications

Question from me. 
1. Was speaking with a broker and they couldn't in the end find a deal better than the one I found online direct with nationwide. I already had a dip with nationwide so retained the application appontment but feel bad that the broker did some running around. Would going with the broker speed up the submission process with nationwide?
2. Appointment to submit application is this Friday. From.all of your experience on here if all goes well whats the best case scenario on getting the confirmation back? On one hand I'd love to move in November to avoid the worry of it falling through but on the other I would have to pay an EPC if I move before December!!! We have 4 groups in the chain so they must all be going through this. 

Tonyw193

SharkMan said:

Hi all, good luck with your applications

Question from me. 
1. Was speaking with a broker and they couldn't in the end find a deal better than the one I found online direct with nationwide. I already had a dip with nationwide so retained the application appontment but feel bad that the broker did some running around. Would going with the broker speed up the submission process with nationwide?
2. Appointment to submit application is this Friday. From.all of your experience on here if all goes well whats the best case scenario on getting the confirmation back? On one hand I'd love to move in November to avoid the worry of it falling through but on the other I would have to pay an EPC if I move before December!!! We have 4 groups in the chain so they must all be going through this. 

Unless the broker can fit you in before Friday, then really you may as well stick with your Nationwide appointment. 

As for timescales this website can give you an idea of how long the, process may take. Currently its 32 working days from application until offer. 

https://www.nationwide-intermediary.co.uk/placing-business/service-updates