NatWest Mortgage Timescale 2021

doglover34

MarcoFernando said:

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

is your valuation ticked?

MarcoFernando

doglover34 said:

MarcoFernando said:

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

is your valuation ticked?

I just got the offer 5 mins after I post my timeline here LOL. Tracker didn't mention anything about the valuation. Good luck everyone. God bless you all!!!

doglover34

doglover34 said:

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

Hey all, my mum is still waiting, poor love. Out of her mind with worry.

Mine was super quick so not sure what hold up is esp as all ticked? Any suggestions?

With my app they asked a lot of questions and hers they havent so shes convinced it's a no.

tashak010

doglover34 said:

doglover34 said:

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

Hey all, my mum is still waiting, poor love. Out of her mind with worry.

Mine was super quick so not sure what hold up is esp as all ticked? Any suggestions?

With my app they asked a lot of questions and hers they havent so shes convinced it's a no.

Hi, I submitted my mortgage application at the end of June and only got my mortgage offer at the beginning of August. Timescales are different for everyone and also depending how busy NatWest are. I wasn’t asked many questions on mine either. It is a very worrying time but just keep pestering NatWest and they will hopefully move things along quicker. Good luck to your Mum!

CharFTB

Most recent updates:

  - Broker submitted application 26/08
  - Hard search appears on Equifax 26/08
  - Tracker started working 01/09
  - Valuation instructed 01/09
  - Documents being reviewed 01/09
  - In person valuation 06/09
  - Valuation report received 07/09

doglover34

CharFTB said:

Most recent updates:

  - Broker submitted application 26/08
  - Hard search appears on Equifax 26/08
  - Tracker started working 01/09
  - Valuation instructed 01/09
  - Documents being reviewed 1/09

Working day 5 🙂

Quick so far! fingers cross for a speedy turnaround

CharFTB

doglover34 said:

CharFTB said:

Most recent updates:

  - Broker submitted application 26/08
  - Hard search appears on Equifax 26/08
  - Tracker started working 01/09
  - Valuation instructed 01/09
  - Documents being reviewed 1/09

Working day 5 🙂

Quick so far! fingers cross for a speedy turnaround

Thank you!! Yes definitely finger’s crossed, we’re buying from a builder and they want a quick completion 😁

CharFTB

How do you know whether the valuation will be in person or desktop? Or can you not tell?

doglover34

ohh update, my mum spoke to natwest and it was passed to offer on 30th (tracker updated just now too) - however they are taking around 5 working days to produce offer - some news at least 

doglover34

CharFTB said:

How do you know whether the valuation will be in person or desktop? Or can you not tell?

on mine i used the webchat and they told me - it was back within the day, very quick