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NatWest application timescale

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Comments

  • AW1980
    AW1980 Posts: 28 Forumite
    10 Posts
    Valuation was done on Thursday and they’ve marked that they’ve received all the documents now. 

    Currently at the assessment stage. Honestly just praying it all goes through ok.
    Was your valuation done before it was reviewed by an underwriter? 
  • AW1980 said:
    Valuation was done on Thursday and they’ve marked that they’ve received all the documents now. 

    Currently at the assessment stage. Honestly just praying it all goes through ok.
    Was your valuation done before it was reviewed by an underwriter? 
    Our valuation was done before underwriting, currently waiting for it to be reviewed 
  • AW1980 said:
    Valuation was done on Thursday and they’ve marked that they’ve received all the documents now. 

    Currently at the assessment stage. Honestly just praying it all goes through ok.
    Was your valuation done before it was reviewed by an underwriter? 
    Think ours was done after as our broker received an email saying offer accepted subject to valuation
  • I’m not applying through a broker and feel a bit naive about the process. I was told mine has gone to the underwriters but that was when my documents were checked off as viewed. Now the valuation is booked in, does it go back to the underwriters after the valuation? Or is it only once? How would I know if it’s accepted subject to valuation? It doesn’t say anything like that on my tracker. 
  • AW1980
    AW1980 Posts: 28 Forumite
    10 Posts
    AW1980 said:
    Valuation was done on Thursday and they’ve marked that they’ve received all the documents now. 

    Currently at the assessment stage. Honestly just praying it all goes through ok.
    Was your valuation done before it was reviewed by an underwriter? 
    Think ours was done after as our broker received an email saying offer accepted subject to valuation
    Our valuation was today. What does your tracker say? Do they just tick valuation? Did your broker say how long you’ll wait to hear? 
  • AW1980 said:
    AW1980 said:
    Valuation was done on Thursday and they’ve marked that they’ve received all the documents now. 

    Currently at the assessment stage. Honestly just praying it all goes through ok.
    Was your valuation done before it was reviewed by an underwriter? 
    Think ours was done after as our broker received an email saying offer accepted subject to valuation
    Our valuation was today. What does your tracker say? Do they just tick valuation? Did your broker say how long you’ll wait to hear? 
    So tracker initially said they received it and they would let us know if they needed any more info in bold text and linked the intermediaries website - on Thursday 

    Yesterday it said it had been received and showed as ticked and said they’d contact us as soon as it had been assessed


    Broker said 3-5 days but I spoke to Cora online and they advised that the valuation came back fine, that there was an issue with our solicitors details and our broker went back to them today and it will take 7 working days to update this and then the offer will come out.

    Felt a bit nervous but they advised that our application was approved subject to valuation so it’s a matter of when not if...!
  • AW1980
    AW1980 Posts: 28 Forumite
    10 Posts
    AW1980 said:
    AW1980 said:
    Valuation was done on Thursday and they’ve marked that they’ve received all the documents now. 

    Currently at the assessment stage. Honestly just praying it all goes through ok.
    Was your valuation done before it was reviewed by an underwriter? 
    Think ours was done after as our broker received an email saying offer accepted subject to valuation
    Our valuation was today. What does your tracker say? Do they just tick valuation? Did your broker say how long you’ll wait to hear? 
    So tracker initially said they received it and they would let us know if they needed any more info in bold text and linked the intermediaries website - on Thursday 

    Yesterday it said it had been received and showed as ticked and said they’d contact us as soon as it had been assessed


    Broker said 3-5 days but I spoke to Cora online and they advised that the valuation came back fine, that there was an issue with our solicitors details and our broker went back to them today and it will take 7 working days to update this and then the offer will come out.

    Felt a bit nervous but they advised that our application was approved subject to valuation so it’s a matter of when not if...!
    Ok great thanks! On our tracker it’s still the triangle with ! 
    Will check tomorrow. 
    Oh no, hopefully not too long for you then! Keep us updated
  • AW1980
    AW1980 Posts: 28 Forumite
    10 Posts
    AW1980 said:
    AW1980 said:
    Valuation was done on Thursday and they’ve marked that they’ve received all the documents now. 

    Currently at the assessment stage. Honestly just praying it all goes through ok.
    Was your valuation done before it was reviewed by an underwriter? 
    Think ours was done after as our broker received an email saying offer accepted subject to valuation
    Our valuation was today. What does your tracker say? Do they just tick valuation? Did your broker say how long you’ll wait to hear? 
    So tracker initially said they received it and they would let us know if they needed any more info in bold text and linked the intermediaries website - on Thursday 

    Yesterday it said it had been received and showed as ticked and said they’d contact us as soon as it had been assessed


    Broker said 3-5 days but I spoke to Cora online and they advised that the valuation came back fine, that there was an issue with our solicitors details and our broker went back to them today and it will take 7 working days to update this and then the offer will come out.

    Felt a bit nervous but they advised that our application was approved subject to valuation so it’s a matter of when not if...!
    2 more questions sorry...
    how quickly did NatWest receive your valuation?

    also, I’ve just realised you spoke to NatWest, can you just contact them rather than ask broker for update? Thanks
  • niknaks0285
    niknaks0285 Posts: 31 Forumite
    10 Posts Name Dropper
    edited 17 November 2020 at 7:18PM
    Our valuation with Natwest was done 9/11. Our offer was approved this afternoon!! 
    6 weeks from when application was submitted back in the first week of october, and our mortgage was straight forward. We had a broker to push the application along and we did have issues with the company organising the valuation with natwest.  It will come but I  know how frustrating it is sitting on the edge of your seat waiting. Best of luck to you all! 
  • AW1980
    AW1980 Posts: 28 Forumite
    10 Posts
    Our valuation with Natwest was done 9/11. Our offer was approved this afternoon!! 
    6 weeks from when application was submitted back in the first week of october, and our mortgage was straight forward. We had a broker to push the application along and we did have issues with the company organising the valuation with natwest.  It will come but I  know how frustrating it is sitting on the edge of your seat waiting. Best of luck to you all! 
    Did you have your application go to underwriters first or valuation first?
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