NatWest Mortgage Timescale 2021

Wes121708

Valuation logged late yesterday and offer received! Happy days!
The whole process was so quick and efficient but we used a broker who did an amazing job!

Nina9013

Anymore recent updates? Just submitted application and wondering on timescales with the mad rush to catch stamp duty 

Debs757

AIP - 26/06
Full application submitted via a broker - 26/06
Hard credit search showing 
Valuation booked in for 02/07

After trying to go with Santander since April really hoping switch to Natwest gives us good news!

Is it OK to ask broker for mortgage application number to track online? Feel like I've non stopped bothering him!! 

ianmackay88

23/06 - AIP and Full Application submitted through broker
Hard credit search shown on Equifax for the same day
28/06 - Informed valuation booked in for 29/06 (today)

Broker thinks I should get a decision early next week. 

I’m worried because I have a old default (it will drop off in a month) but I’m assuming I’ve passed the credit check part if I’ve got this far so fingers crossed. 

WorriedKirkels

My first ever post although I have been reading and lurking for some time!

We applied for our mortgage yesterday (29/06), this morning when I logged into tracker it showed that evidence had been received (11 different entries) and would be reviewed. When I looked just now all of these entries were ticked and it said valuation had been instructed. Does this mean the mortgage is approved subject to valuation?

I am panicking as whilst I am employed and have a really good salary, my husband is self employed and I’m aware the banks are really scrutinising their applications. Whilst he had an increase in turnover and profit last year and was lucky that he didn’t have to access furlough, I’ve made the silly mistake of reading the horror stories of people being turned down.  

Hoping someone can help alleviate my concerns.

ianmackay88

ianmackay88 said:

23/06 - AIP and Full Application submitted through broker
Hard credit search shown on Equifax for the same day
28/06 - Informed valuation booked in for 29/06 (today)

Broker thinks I should get a decision early next week. 

I’m worried because I have a old default (it will drop off in a month) but I’m assuming I’ve passed the credit check part if I’ve got this far so fingers crossed. 

Offer received today (30/06). Took just a week in all. 

blueorchid94

We've been waiting quite a while as it took ages for the valuation to be booked in even though it was instructed quite quickly (95% LTV).

29th May - Offer accepted (using a DIP from a different lender)
1st June - Nationwide DIP applied for and received via broker
2nd June - Full application made
15th June - After what felt like ages, text to say valuation and HB survey booked for 28th
28th June - Valuation and HB survey

Nervously waiting for our mortgage offer now. According to their service status it should arrive by Friday as this would be the 22nd working day after application, but not holding my breath!

SeanG79

blueorchid94 said:

We've been waiting quite a while as it took ages for the valuation to be booked in even though it was instructed quite quickly (95% LTV).

29th May - Offer accepted (using a DIP from a different lender)
1st June - Nationwide DIP applied for and received via broker
2nd June - Full application made
15th June - After what felt like ages, text to say valuation and HB survey booked for 28th
28th June - Valuation and HB survey

Nervously waiting for our mortgage offer now. According to their service status it should arrive by Friday as this would be the 22nd working day after application, but not holding my breath!

You reference Nationwide, whilst this thread is regarding NATWEST..

Debs757

ianmackay88 said:

ianmackay88 said:

23/06 - AIP and Full Application submitted through broker
Hard credit search shown on Equifax for the same day
28/06 - Informed valuation booked in for 29/06 (today)

Broker thinks I should get a decision early next week. 

I’m worried because I have a old default (it will drop off in a month) but I’m assuming I’ve passed the credit check part if I’ve got this far so fingers crossed. 

Offer received today (30/06). Took just a week in all. 

That's so quick! Did you get any questions from underwriters? 

ianmackay88

Debs757 said:

ianmackay88 said:

ianmackay88 said:

23/06 - AIP and Full Application submitted through broker
Hard credit search shown on Equifax for the same day
28/06 - Informed valuation booked in for 29/06 (today)

Broker thinks I should get a decision early next week. 

I’m worried because I have a old default (it will drop off in a month) but I’m assuming I’ve passed the credit check part if I’ve got this far so fingers crossed. 

Offer received today (30/06). Took just a week in all. 

That's so quick! Did you get any questions from underwriters? 

No, none at all. Apart from the credit file issue, it was a pretty straight forward application. I’m PAYE employed so no complicated income etc.