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Aldermore - Process

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  • JMcc123
    JMcc123 Posts: 219 Forumite
    100 Posts Name Dropper
    CLJ2986 said:
    Thank you. Any news for you? 
    The vendor has FINALLY made contact with the EA, just saying she's sorry and will be chasing now etc, she's hopeful it'll be this week.
    No response from my solicitor today, so I'll jump back on my emails at 09:00 to resend it 🤣 Im hoping the delayed response means good news 🤞
  • CLJ2986
    CLJ2986 Posts: 461 Forumite
    100 Posts First Anniversary Name Dropper
    JMcc123 said:
    CLJ2986 said:
    Thank you. Any news for you? 
    The vendor has FINALLY made contact with the EA, just saying she's sorry and will be chasing now etc, she's hopeful it'll be this week.
    No response from my solicitor today, so I'll jump back on my emails at 09:00 to resend it 🤣 Im hoping the delayed response means good news 🤞
    Ah fingers crossed for you! Keep me updated. My house is a wreck right now I'm absolutely shattered and have decided my children have too much stuff and I have too many children 🤣🤣🤣🤣
  • JMcc123
    JMcc123 Posts: 219 Forumite
    100 Posts Name Dropper
    CLJ2986 said:
    JMcc123 said:
    CLJ2986 said:
    Thank you. Any news for you? 
    The vendor has FINALLY made contact with the EA, just saying she's sorry and will be chasing now etc, she's hopeful it'll be this week.
    No response from my solicitor today, so I'll jump back on my emails at 09:00 to resend it 🤣 Im hoping the delayed response means good news 🤞
    Ah fingers crossed for you! Keep me updated. My house is a wreck right now I'm absolutely shattered and have decided my children have too much stuff and I have too many children 🤣🤣🤣🤣
    I have one child and feel the exact same, honestly, my mums front room is packed to the brim with boxes brought over before we had a set date, then there's a few in our bedroom and obviously the storage unit! Little ones birthday on 30th, so we've had to hide his presents behind the boxes in the front room which is out of bounds! 
  • CLJ2986
    CLJ2986 Posts: 461 Forumite
    100 Posts First Anniversary Name Dropper
    Ah bless, I hope you've managed to move by then! I'm exhausted, this packing thing is draining. 

    Anyone that's completed still look at this thread? Just wondering when to expect my first payment to be due 🙂
  • h75jb
    h75jb Posts: 4 Newbie
    First Post
    Hey all,

    Thanks for your advice. We’ve heard back that we just needed to send over more deposit proof. It’ll be 6 weeks this Saturday, as FTB’s we’re not in any rush but boy does this test patience haha.

    Hope everyone’s application is going well. I follow this thread so closely and it’s nice to see people’s progress.

    Hoping to have further updates soon but the waiting game is quite overwhelming! 
  • Masrat1
    Masrat1 Posts: 39 Forumite
    Third Anniversary 10 Posts Name Dropper
    Hi all,

    We have had to go with Aldermore after a prior rejection from elsewhere. We are at the valuation stage now, what is the likely timescale to hear back from them after that? Does it go back to the back of the queue again? The constant waiting and not being in control is painful! Especially as their current TAT is 9 days.. It would be nice to go be able to go back to the developers with a mortgage offer and get them to finally pass some details over to our solicitors!
  • CLJ2986
    CLJ2986 Posts: 461 Forumite
    100 Posts First Anniversary Name Dropper
    Masrat1 said:
    Hi all,

    We have had to go with Aldermore after a prior rejection from elsewhere. We are at the valuation stage now, what is the likely timescale to hear back from them after that? Does it go back to the back of the queue again? The constant waiting and not being in control is painful! Especially as their current TAT is 9 days.. It would be nice to go be able to go back to the developers with a mortgage offer and get them to finally pass some details over to our solicitors!
    My offer came a week after the valuation, on 28th April. Finally completing on Friday 🙃
  • JMcc123
    JMcc123 Posts: 219 Forumite
    100 Posts Name Dropper
    Just another, very negative update from me.

    My little one literally sobbed last night asking to go home and asking for his own bed and own things, so I applied a bit more pressure to the solicitor who advised there is definitely no timescale to be given, we could be looking at months, or even years! So he advised I may be best looking for another property, he's unable to confirm whether the vendor has enough equity in the property to cover the debt, which may be what is causing the delay.
    I've emailed the EA, with no response, but I'm ready to call it quits now.

    I have managed to secure another viewing on a slightly bigger house, a touch closer to school and a tiny bit cheaper for tomorrow afternoon, no chain and completely empty -  so fingers crossed!

    My broker is pretty confident he can just amend the current application/offer with Aldermore so it hopefully wouldn't take as long. Literally keeping everything crossed! x
  • CLJ2986
    CLJ2986 Posts: 461 Forumite
    100 Posts First Anniversary Name Dropper
    JMcc123 said:
    Just another, very negative update from me.

    My little one literally sobbed last night asking to go home and asking for his own bed and own things, so I applied a bit more pressure to the solicitor who advised there is definitely no timescale to be given, we could be looking at months, or even years! So he advised I may be best looking for another property, he's unable to confirm whether the vendor has enough equity in the property to cover the debt, which may be what is causing the delay.
    I've emailed the EA, with no response, but I'm ready to call it quits now.

    I have managed to secure another viewing on a slightly bigger house, a touch closer to school and a tiny bit cheaper for tomorrow afternoon, no chain and completely empty -  so fingers crossed!

    My broker is pretty confident he can just amend the current application/offer with Aldermore so it hopefully wouldn't take as long. Literally keeping everything crossed! x
    Ah I have everything crossed for you. So sorry it looks like your original one has fallen through but fingers crossed you and the little one will be moved in no time xx
  • JamesC3
    JamesC3 Posts: 56 Forumite
    Second Anniversary 10 Posts Name Dropper
    CLJ2986 said:
    Ah bless, I hope you've managed to move by then! I'm exhausted, this packing thing is draining. 

    Anyone that's completed still look at this thread? Just wondering when to expect my first payment to be due 🙂
    Hi,
    Yes, we completed on 25th June. Our first payment is due out tomorrow.
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