Nationwide Mortgage

hburnett163

Frances13 said:

Working day 36... I'm losing the will to live here...

What kind of checks/updates have you had confirmed so far? 

Frances13

27/7 - Offer accepted
28/7 - Advised earliest appointment was 30th August but kept chasing for cancellations
12/8 - DIP and full application 
10/9 - Valuation instructed and questions from underwriter, responded to immediately
15/9 - Valuation date changed to 17th
16/9 - Further questions from underwriter, responded to immediately
17/9 - Valuation carried out
21/9 - Valuation received by Nationwide

And now here we are still waiting lol

citygurly

Our estate agent has been in touch and the whole of our chain is waiting for our mortgage offer. How is it that Nationwide are taking so long, everyone else in the chain has applied and been offered theirs. We obviously went with the wrong provider. 

RLG1234

bekabyx said:

mh_ww said:

That's great news. Same application date as us as well. I should probably request the application be escalated but not sure on what grounds other than the time passed as we're not buying in to a chain and no time pressure.

I don't know if they'll accept time passed, but if they've exceeded their timescale it might be worth a try? You've been waiting so long

We escalated ours purely due to the amount of time that had passed. 

Our mortgage broker found out the person to complain to and made a formal complaint which although dramatic being as everyone else is in the same boat - seemed to have the desired effect with an offer in the next week. 

Frances13

citygurly said:

Our estate agent has been in touch and the whole of our chain is waiting for our mortgage offer. How is it that Nationwide are taking so long, everyone else in the chain has applied and been offered theirs. We obviously went with the wrong provider. 

We are in exactly the same position, moneys have been paid to solicitors by the bottom of the chain for exchange and we are now holding everything up

Frances13

Absolutely furious, now been advised next Wednesday at the earliest when it should have been today at the latest.

LZRBOI

Wales2020 said:

LZRBOI said:

We lost out on the house because of the £14,000 down valuation. Gutted!
Does anyone know if we can continue the application with a different property or would we have to start again. Also has anybody had any success on here appealing the valuation and how successful were they?

Thats rubbish

did somebody else outbid you? The vendor may have the same issue again with another mortgage valuation unless its a cash buyer! 

Nationwide told me when it happened to us that we could amend the application so long as there wasnt much of a time lapse, otherwise it would have to be full application again.

No, we weren't outbid. Just the valuation came back down valued. The vendor won't budge that far on price which I don't blame him to be honest, but you are right it will probably happen to somebody else unless it's a cash buyer.
I just rang about amending the mortgage to a different property which is actually £1000 less than the original property we have just lost out on and Nationwide said I would have to start a new application! So angry.
They told us that the current application was ready to be signed off as well and offered as soon as the valuation came back. Shame it was down valued.
We have put in an appeal form but I am not hopeful.

mitch20151412

Can I ask what text updates people received from Nationwide? Did you receive one to tell you a valuation had been booked or did your MB tell you? 

hburnett163

citygurly said:

Our estate agent has been in touch and the whole of our chain is waiting for our mortgage offer. How is it that Nationwide are taking so long, everyone else in the chain has applied and been offered theirs. We obviously went with the wrong provider. 

Same!

bekabyx

mitch20151412 said:

Can I ask what text updates people received from Nationwide? Did you receive one to tell you a valuation had been booked or did your MB tell you? 

I had the following texts:

• Mortgage application received
• Valuation booked
• Valuation received 
• Mortgage offer

The MB and the EA both called me to tell me about the valuation too. Try checking in with your broker or estate agent if you're not sure whether it's been arranged yet or not