NatWest Mortgage Timescale 2021

Hi All, 
I am about to apply with NatWest next week, 85% LTV, Myself (Employed) and someone else (Self-Employed), this is for a residential home. 
It would help if any of you can share your timelines here and your overall experience with NatWest. 
Thank You  
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Replies

  • ACGACG Forumite
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    When you submit an application it is taking around 3-4 working days to assess, it may be slightly longer with the self employment but I think they have more or less caught up on that side now. 
    I am a Mortgage Adviser
    You should note that this site doesn't check my status as a mortgage adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
  • wanabeFTBwanabeFTB Forumite
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    I submitted on Monday. Valuation been booked for this coming Monday🤞
  • LP_LondonLP_London Forumite
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    Wow they sound to act fairly quickly. 
    Do they normally instruct for valuation whilst assessing the case OR do they assess first THEN instruct for valuation ? 
  • edited 13 January 2021 at 8:55PM
    wanabeFTBwanabeFTB Forumite
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    edited 13 January 2021 at 8:55PM
    Im not sure! I’ve gone direct and as ACG said it took about 3/4 working days, applied Monday, Valuation instructed on Friday. They’ve asked for a couple things; last payslip from old job to confirm continuous employment.  I’m also only applying for 3x my salary so I don’t know if that helps? 
    Maybe the rush of stamp duty over? I’ll keep you posted. 
  • LP_LondonLP_London Forumite
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    I’d appreciate that, thank you! 
    Good luck with the application!  
  • wanabeFTBwanabeFTB Forumite
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    LP_London said:
    I’d appreciate that, thank you! 
    Good luck with the application!  
    Got my mortgage offer through today. I wasn’t expecting it to be this quick (less than two weeks from application to offer). 
    All the best with your application! 
  • LP_LondonLP_London Forumite
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    Wow that was quick! Huge congrats! I’ll see what happens tomorrow, may go with another lender as self employed applications is becoming a nightmare at the moment due to covid! 
    Congrats once again! 
  • chloeH95chloeH95 Forumite
    51 Posts
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    Thought I’d join in! 
    AIP done in December 2020 
    12/01- all documents/payslips provided to mortgage advisor. 
    14/01 - full application submitted to NatWest. 

  • ACGACG Forumite
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    Application submitted on the 8th and offered this morning, 11 days/7 working days. They are pretty much back to the old Natwest now. 
    I am a Mortgage Adviser
    You should note that this site doesn't check my status as a mortgage adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
  • chloeH95chloeH95 Forumite
    51 Posts
    10 Posts First Anniversary
    ACG said:
    Application submitted on the 8th and offered this morning, 11 days/7 working days. They are pretty much back to the old Natwest now. 
    That’s pretty quick! Fingers crossed mine is the same!
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