11 week wait for mortgage offer!!!

[Deleted User]

GN2020 said:

DeletedUser said:

I had to wait almost eleven weeks for mine to br issue, 12 weeks for it to turn up in my inbox and on my door step, I am almost into week 13 waiting for solicitor to receive her copy. 

Shine a light! 😲

Who is yours with if you don’t mind my asking? 

We’re on week 5 with Nationwide and I thought that was ages! 🤣

I'm with Platform / Co-Op. I understand that the big banks are quicker at mortgage decisions though. 

I was told 3 to 4 weeks when I applied at the end of July, which means that I should have had everything sorted by 2nd week of September at the latest, my application was as straight forward as they come! 

Greymug

Vestraun said:

Greymug said:

This is so bad!
My broker has put a mortgage application in with NatWest 2 weeks ago and still nothing. First mortgage I got a few years ago, I got the offer in less than 1 week.
I feel bad for the sellers because they have a deadline to secure a new house, and if NatWest makes me wait any longer and/or comes back with a revised valuation and they're lending me more money, I'm going to have to pull out and screw the sellers' situation up.

Have they taken payment for the valuation yet? Have they arranged the valuation yet? 

According to my mortgage broker, the valuation report was received and was under review (this was 10 days ago).
Taken payment for what? Never been asked to pay anything. Not this time and not for my first mortgage. Never given a penny for any valuation.

anthonyha

11 weeks also for me, Barclays. Am losing the will now and wondering if it's not supposed to be. They changed the LTI during the application so some additional income docs that were not required originally are now needed. They have lost docs and need to be constantly chased, a nightmare all in all.

Greymug

Vestraun said:

Greymug said:

This is so bad!
My broker has put a mortgage application in with NatWest 2 weeks ago and still nothing. First mortgage I got a few years ago, I got the offer in less than 1 week.
I feel bad for the sellers because they have a deadline to secure a new house, and if NatWest makes me wait any longer and/or comes back with a revised valuation and they're lending me more money, I'm going to have to pull out and screw the sellers' situation up.

Have they taken payment for the valuation yet? Have they arranged the valuation yet? 

Ah, you see, now I understand why you're asking this.
I'm buying in Scotland, so we don't go through this process. The lenders receive the home report with valuation attached and generally trust what the surveyor says the property is worth

lilothblos

10.5 weeks for us so far, Clydesdale. So frustrating, especially when we have friends who got offers from other banks within 3-4 weeks. 

bell2020

I feel like ours is going to be similar. 6 weeks in and not even valuation booked in. Had radio silence for 4 weeks! Now we keep getting asked random questions and random document requests. I'd rather them just decline us if they're going to instead of prolonging it all 😭

samw2311

Buyer24 said:

Has anyone been waiting an absurd amount of weeks for a mortgage offer?? I had a broker give in a mortgage application to natwest 11 weeks ago. The broker says he is chasing them up all the time and iv rang natwest a few times. They keep saying they are reviewing it and they hav asked for even more payslips. I know its not happenig with all applications bcuz a friend got a mortgage with them within 4 days only last week. The online mortage tracker online just keeps saying they are reviewing it. I dont think its likely i will get the mortgage to be honest as i am on a lower wage but why cant they just let me know! Im afraid the ppl at the apartment i went for will pull out as they was ready to move when i first viewd the property months ago. Any help or advise is much appreciated.

I’m at 11 weeks too with Kent reliance, suppose every case is different and at the end of the day everybody  asking for a lot of money so you’ve got to just be patient as frustrating as it is 

penino

Greymug said:

Vestraun said:

Greymug said:

This is so bad!
My broker has put a mortgage application in with NatWest 2 weeks ago and still nothing. First mortgage I got a few years ago, I got the offer in less than 1 week.
I feel bad for the sellers because they have a deadline to secure a new house, and if NatWest makes me wait any longer and/or comes back with a revised valuation and they're lending me more money, I'm going to have to pull out and screw the sellers' situation up.

Have they taken payment for the valuation yet? Have they arranged the valuation yet? 

According to my mortgage broker, the valuation report was received and was under review (this was 10 days ago).
Taken payment for what? Never been asked to pay anything. Not this time and not for my first mortgage. Never given a penny for any valuation.

Payment for your valuation. Depending on who your mortgage is with, they may not charge for this.