NatWest Mortgage Timescale 2021

vi009na

Finally exchange done today and completion set for tomorrow morning. 
full details in signature. It was delayed by vendor being on holiday during August and then their solicitor who was extremely slow. 

claire4431

Mortgage in principle approved Monday. 

Application went in Tuesday (we think) 
hard search appeared Wednesday
valuation approved Wednesday morning 
valuation done this morning (Thursday) 

Broker received support documents to deposit and said can add to NatWest on Friday. 

I’m hoping the rest follows quickly!! 🙈

 

flamingo32

Hello I'm new here but hoping someone can help me 

We submitted on Wednesday through  a broker and this is what our tracker is saying to date (below)

Does this mean that my broker hasn't updated our solicitor details yet? And they are still looking at our ID and payslip. I thought they wouldn't instruct a valuation until we had got through the first part but I'm not really sure? I'm extremely anxious about being declined so I'd appreciate any advice!

Assessment await task	We need to clarify your client's solicitor's details. Please provide this information quoting your client's mortgage application number.	13/10/2021 19:41
Assessment inprogress task	We are reviewing your client's proof of ID and will contact you if we need any further information. For current processing timescales refer to (intermediary link)	13/10/2021 19:42
Assessment inprogress task	We are reviewing the original payslips that you submitted on behalf of your client and will contact you if we need any further information. For current processing timescales refer to (intermediary link)	13/10/2021 19:42
Assessment await task	A valuation has been instructed and we are now awaiting your client's survey report.	13/10/2021 19:50

claire4431

flamingo32 said:

Hello I'm new here but hoping someone can help me 

We submitted on Wednesday through  a broker and this is what our tracker is saying to date (below)

Does this mean that my broker hasn't updated our solicitor details yet? And they are still looking at our ID and payslip. I thought they wouldn't instruct a valuation until we had got through the first part but I'm not really sure? I'm extremely anxious about being declined so I'd appreciate any advice!

Assessment await task	We need to clarify your client's solicitor's details. Please provide this information quoting your client's mortgage application number.	13/10/2021 19:41
Assessment inprogress task	We are reviewing your client's proof of ID and will contact you if we need any further information. For current processing timescales refer to (intermediary link)	13/10/2021 19:42
Assessment inprogress task	We are reviewing the original payslips that you submitted on behalf of your client and will contact you if we need any further information. For current processing timescales refer to (intermediary link)	13/10/2021 19:42
Assessment await task	A valuation has been instructed and we are now awaiting your client's survey report.	13/10/2021 19:50

Ours went in on Tuesday with a broker so we don’t have access online. (I’ll be asking now) 

she’s screenshots of it, mine looks different looks as if the first thing they’ve done is arrange a valuation. Surely not? 

I don’t know for sure but i think it sounds right when your saying they haven’t uploaded your solicitors details. (Sounds like it anyway) 

claire4431

Am I right in thinking that looks like that’s the only thing that’s been done??

ams12

ams12 said:

Hi all,

I've joined this forum because of this one thread, seeing how helpful and supportive everybody is has helped relieve my anxieties around the process. I'm currently at the early stages of my application with Natwest:

10/09 - Offer sent and accepted

13/09 - stage 1 - Initial Mortgage application via zoom call, uploading and sharing personal documents, statements etc

20/09 - stage 2 - Mortgage application submitted via zoom call, Hard credit check completed. Valuation and HBS requested.

awaiting update on application now and valuation.

Ams

Update to my original post:

13/09 - Initial mortgage application completed

20/09 - Mortgage submitted, Hard credit check completed

28/09 - Underwriter approval for mortgage - subject to valuation

06/10 - Valuation

07/10 - Mortgage approval

All in all Natwest have been pretty efficient in progressing and approving the application. Good luck to everybody currently progressing their applications. It's not a nice feeling waiting for things to get approved.

Ams

homebuyeruk

claire4431 said:

Am I right in thinking that looks like that’s the only thing that’s been done??

Hi Claire, may I ask have you got the valuation result yet? Thanks 

claire4431

Yes, we did, yesterday morning

wasnt the best for asbestos in the house 😞 

so need a full asbestos report now. 

homebuyeruk

claire4431 said:

Yes, we did, yesterday morning

wasnt the best for asbestos in the house 😞 

so need a full asbestos report now. 

Ahhh… NatWest did our physical  valuation (New Build) on 14th but we still haven’t heard anything back yet… 

claire4431

It was the 14th mine was down also, she did tell me leaving the house there was possibly asbestos but said it would be reported the next day to Nat west. Which it was but took them to yesterday to contact. 

Hopefully you’ll hear today!! 🤞🤞