NatWest Mortgage Timescale 2021

WorriedKirkels

jord411 said:

vi009na said:

Hey @jord411
Any update on your application? House valuation done already, right? 

Hiya. 

I’ve literally just got my mortgage offer emailed 🎉

I’m so happy 😊

The valuation was done on Monday and NatWest let me broker know yesterday that they had received it , so was pulling my hair out waiting to find out if everything was okay. 

A massive weight has been lifted . 

Woo hoo - fantastic news! 😁 

jord411

WorriedKirkels said:

jord411 said:

vi009na said:

Hey @jord411
Any update on your application? House valuation done already, right? 

Hiya. 

I’ve literally just got my mortgage offer emailed 🎉

I’m so happy 😊

The valuation was done on Monday and NatWest let me broker know yesterday that they had received it , so was pulling my hair out waiting to find out if everything was okay. 

A massive weight has been lifted . 

Woo hoo - fantastic news! 😁 

Thanks . I’m so happy it’s all sorted 🥳

vi009na

jord411 said:

vi009na said:

Hey @jord411
Any update on your application? House valuation done already, right? 

Hiya. 

I’ve literally just got my mortgage offer emailed 🎉

I’m so happy 😊

The valuation was done on Monday and NatWest let me broker know yesterday that they had received it , so was pulling my hair out waiting to find out if everything was okay. 

A massive weight has been lifted . 

Congratulations @jord411
Now welcome to next phase  

jord411

vi009na said:

jord411 said:

vi009na said:

Hey @jord411
Any update on your application? House valuation done already, right? 

Hiya. 

I’ve literally just got my mortgage offer emailed 🎉

I’m so happy 😊

The valuation was done on Monday and NatWest let me broker know yesterday that they had received it , so was pulling my hair out waiting to find out if everything was okay. 

A massive weight has been lifted . 

Congratulations @jord411
Now welcome to next phase  

There is no next stage for me as we are just remortgaging with additional borrowing. 

TDPIX

TDPIX said:

TDPIX said:

4th August - application submitted

Wed 4th August - hard credit check carried out as per Equifax (we went via a broker)

Fri 6th August - our broker asked us a question that NatWest sent him

Tue 10th August - eSure contacted the EA to book in a valuation (we don't know the date this will be done yet)

----

Just wanted to provide an update. Things seem fairly quick so far. We're 40% LTV and affordability etc is fine, but it's interesting they're still doing a physical valuation. I guess that is just NatWest's process now.

We just received our Natwest mortgage offer (woohoo!), so the full timeline:

• Wed 4th August - application submitted via broker
• Wed 4th August - hard credit check done by Equifax
• Fri 6th August - our broker asked us a question that Natwest sent him
• Tue 10th August - eSure contacted the EA to book in a valuation (we don't know the date this will be done yet)
• Fri 13th August - physical valuation carried out
• Tue 17th August - mortgage offer received

So all was fairly efficient - it took Natwest less than a week to approve things subject to a valuation, then 2 working days to issue the offer once the valuation was done.

scottie21

11/8: MA appointment direct with NatWest passed affordability & credit checks
12/8: Application submitted by MA 
13/8: Hard search on credit file
16/8: Answered query from underwriter via MA
17/8: Valuation booked for 31/8 😩
Confirmed mortgage agreed subject to valuation

Just waiting now……

jord411

scottie21 said:

11/8: MA appointment direct with NatWest passed affordability & credit checks
12/8: Application submitted by MA 
13/8: Hard search on credit file
16/8: Answered query from underwriter via MA
17/8: Valuation booked for 31/8 😩
Confirmed mortgage agreed subject to valuation

Just waiting now……

The wait can be a killer but they are really quick once the valuation has been done . You should hear within 2 working days once this is done . 

I had to wait 3 weeks for my valuation . 

scottie21

scottie21 said:

11/8: MA appointment direct with NatWest passed affordability & credit checks
12/8: Application submitted by MA 
13/8: Hard search on credit file
16/8: Answered query from underwriter via MA
17/8: Valuation booked for 31/8 😩
Confirmed mortgage agreed subject to valuation

Just waiting now……

UPDATE: 
11/8: MA appointment direct with NatWest passed affordability & credit checks
12/8: Application submitted by MA 
13/8: Hard search on credit file
16/8: Answered query from underwriter via MA
17/8: Valuation booked for 31/8 😩
Confirmed mortgage agreed subject to
valuation
19/8: SURPRISE email to say we have been offered a mortgage!! Confirmed with EA surveyor turned up yesterday and did the valuation early as he was in the area. Valued at asking price which was what we had offered!! 🍾🎉🥳

Just waiting on structural survey (booked 26/8) and conveyancing now

Everything crossed for completion pre 30/8 to avoid SDLT 🤞🏼🤞🏼

WorriedKirkels

scottie21 said:

scottie21 said:

11/8: MA appointment direct with NatWest passed affordability & credit checks
12/8: Application submitted by MA 
13/8: Hard search on credit file
16/8: Answered query from underwriter via MA
17/8: Valuation booked for 31/8 😩
Confirmed mortgage agreed subject to valuation

Just waiting now……

UPDATE: 
11/8: MA appointment direct with NatWest passed affordability & credit checks
12/8: Application submitted by MA 
13/8: Hard search on credit file
16/8: Answered query from underwriter via MA
17/8: Valuation booked for 31/8 😩
Confirmed mortgage agreed subject to
valuation
19/8: SURPRISE email to say we have been offered a mortgage!! Confirmed with EA surveyor turned up yesterday and did the valuation early as he was in the area. Valued at asking price which was what we had offered!! 🍾🎉🥳

Just waiting on structural survey (booked 26/8) and conveyancing now

Everything crossed for completion pre 30/8 to avoid SDLT 🤞🏼🤞🏼

Fantastic news - congratulations 🥳 

[Deleted User]

Mortgage valuation day today! Please keep everything crossed.

I assume I'll hear Monday /Tuesday so will checking the portal thingy constantly.