NatWest Mortgage Timescale 2021

louiseh73

I think I’ve read every post on this thread waiting for our mortgage to go through with NatWest so thought I’d share ours:

30/9- full application submitted
30/9- hard search on both credit files
12/10- tracker started working
18/10- valuation completed in person
19/10- valuation report received and reviewed
20/10- documents reviewed, requested more information (submitted immediately)
21/10- documents reviewed, again requested more information (submitted immediately)
24/10- documents reviewed
25/10- offer received via email
25/10- moved to completion on tracker awaiting title deeds from solicitors

its been a stressful process and we were sure we were going to be declined but thankfully not!

both employed, 95% LTV mortgage

AtPanAtPan

louiseh73 said:

I think I’ve read every post on this thread waiting for our mortgage to go through with NatWest so thought I’d share ours:

30/9- full application submitted
30/9- hard search on both credit files
12/10- tracker started working
18/10- valuation completed in person
19/10- valuation report received and reviewed
20/10- documents reviewed, requested more information (submitted immediately)
21/10- documents reviewed, again requested more information (submitted immediately)
24/10- documents reviewed
25/10- offer received via email
25/10- moved to completion on tracker awaiting title deeds from solicitors

its been a stressful process and we were sure we were going to be declined but thankfully not!

both employed, 95% LTV mortgage

That seems very swift and straightforward, congrats!

could I please ask whether your tracker was updated in real time for all those stages? Mine has stayed the same since 12/10 (all reviews ticked) and I’m feeling pretty impatient waiting for my broker to respond to me chasing

louiseh73

Yes ours always updated in real time ours never moved until the valuation was done and then it all seemed to be updated on the tracker as soon as anything happened. Once something updated we got an email from our mortgage advisor pretty much straight after it was ticked on the tracker to confirm.

which1982

I think I’m at the same point you were on 24/10 @louiseh73. 

All docs ticked last night and the wait is painful…! I mentioned earlier that live chat told me they were doing “know your customer” checks which would be complete within 2 working days. 

Someone give me some hope….

sanaubair

Hello Got my offer!! 💕💕

Full Application On 15th sept. 

Desktop Valuation on 20th sept.
Request documents on 20th sept.
submitted documents on 3rd October.
Documents reviewed on 15th October.
further info required on 15th oct
further info submitted on 17th oct.
all documents checks on 21st oct
no further documents requested.
final checks on 25th oct.
Offer issued on 26th oct to all party

Don’t know if my case was quick or delayed.

lender is natwest

Velar19

I am intrigued by the huge differences in peoples timelines, and the time it is taking for people to receive their offers. Some are receiving them so quickly, whilst others are not!!  I am a bit miffed, as I can see that some people who have applied AFTER me have received, their offers already. I know every case is different, but the waiting is just excrutiating!
My timeline for reference is:-
27th September - Full application made (Via Broker)
27th September - Hard Credit Search
30th September - Valuation (Physical) completed
30th September - Valuation assessed and all OK
10th October - all outstanding actions "ticked"
10th October - further info requested, sent immediately
20th October - outstanding action "ticked"
24th October - Broker confirms offer will be issued "within 5 days"
28th October (today) no offer as yet, and tracker still showing the same info

I am waiting on tenterhooks here, just waiting for that offer to come through!!  Someone please placate me and tell me all will be well! Ha!

which1982

Sure it will be fine! 

I think timescales are mainly dependent on whether the valuation is desktop or in person, and the amount of info they need to request after you’ve applied?

Velar19

which1982 said:

Sure it will be fine! 

I think timescales are mainly dependent on whether the valuation is desktop or in person, and the amount of info they need to request after you’ve applied?

I'm not sure, as our valuation was done very quickly, and assessed the same day, and only one lot of additional info was requested, which was sent immediately, and then took them 10 days to assess. This is a very low LTV application (only 12%) and both employed, so I had hoped it would be quicker than what it has been.
I am happy to know that an offer is going to be made (they said on Monday it would be within 5 days) I am just now waiting for it to actually materialise!!

which1982

Velar19 said:

which1982 said:

Sure it will be fine! 

I think timescales are mainly dependent on whether the valuation is desktop or in person, and the amount of info they need to request after you’ve applied?

I'm not sure, as our valuation was done very quickly, and assessed the same day, and only one lot of additional info was requested, which was sent immediately, and then took them 10 days to assess. This is a very low LTV application (only 12%) and both employed, so I had hoped it would be quicker than what it has been.
I am happy to know that an offer is going to be made (they said on Monday it would be within 5 days) I am just now waiting for it to actually materialise!!

The waiting is genuinely terrible isn’t it! I’m checking the tracker about 100 times per day to see if it ticks over to offer…

at least it’s nearly the weekend which means I can put out of my mind any hope of getting an offer until Monday! 

sanaubair

My conveyencor did not get her mortgage offer through the Lms portal. How long does it take for her to receive it ?