NatWest Mortgage Timescale 2021

CharFTB

Hi All,

  New here, in the very early days but thought I’d add what I have so far:

  - Broker submitted application 26/08
  - Hard search appears on Equifax 26/08

All sides hoping for a quick completion but certainly seems hit and miss from reading here! 

We are both FTB full time employed 

doglover34

Hi All, my mums timeline (I'm tracking for her):

16/08 - DIP
17/08 - Application Submitted
17/08 - Hard Search on her and my dads credit file
23/08 - Tracker Active and 6 Actions Pending
23/08 - Valuation Booked
24/08 - Valuation Approved
30/08 - Bank Statements / Payslips Reviewed and ticked

Nothing outstanding now ... Natwest advised her to check back at the end of the day for an update

hpsauce86

@K_S

hello it’s me again! 

I have another question. Our vendors solicitor is still aiming to complete on the 8th September. It actually needs to be the 7th (she conveniently just told us she’s on holiday from the 8th).
How long does it take to draw down funds from NatWest please? I’d assume 7 days or 5 working days? Meaning she’d have to request them tomorrow?
thanks in advance and sorry for always coming to you with questions! 

MarcoFernando

Hi, I'm waiting for the approval.

Danieljw90

Mine so far…

23/08 - full application via Broker (soft check)

24/08 - hard credit check

26/08 - reviewing payslips
26/08 - valuation instructed (booked 2nd September) 

I’m confused as to why there is so little on our tracker but see loads on others. 

case is pretty straight forward both employed joint income of around 55k 

CharFTB

Hi all, how soon after full application did you see info on the tracker?  

doglover34

CharFTB said:

Hi all, how soon after full application did you see info on the tracker?  

About 4/5 days

CharFTB

doglover34 said:

CharFTB said:

Hi all, how soon after full application did you see info on the tracker?  

About 4/5 days

 

Thank you! Hopefully something starts to show today or tomorrow then!

doglover34

Danieljw90 said:

Mine so far…

23/08 - full application via Broker (soft check)

24/08 - hard credit check

26/08 - reviewing payslips
26/08 - valuation instructed (booked 2nd September) 

I’m confused as to why there is so little on our tracker but see loads on others. 

case is pretty straight forward both employed joint income of around 55k 

we just had:

- valuation
- payslips
- statements
- ID

that was it.

my mum and dads application is exactly the same too.  All ticked no questions

MarcoFernando

My Mortgage Timeline is

20/07 - AIP
10/08 - Full Mortgage application
15/08 - visible tracker
18/08 - Payslips and ID checked
23/08 - Request Further Documents
24/08 - Documents Approved
25/08 - Valuation instructed
30/08 - Valuation day!
31/08 - The broker told me NatWest was satisfied with the documents and subject to the valuation.
01/09 or 02/09 - Offer? Still waiting

Both FTB, Not a new build. Both salary 50k. Excellent and fair credit reports. 10% deposit. Permanent and Contract jobs. Buyer and Biomedical scientist.

I hope this information will help someone. Thanks