Aldermore - Process

in Mortgages & Endowments
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Replies

  • J454J454 Forumite
    6 Posts
    First Post
    Forumite
    No i have no idea about a valuation at all! 
    We havent  heard anything at all! 
    Have you managed to hear anything back about the process yet?
    It’s painful! Hope you hear back soon! Only on working day 8 so obviously not heard a thing 🙄
  • fortylittletoesfortylittletoes Forumite
    10 Posts
    Part of the Furniture First Post Combo Breaker
    Forumite
    No i have no idea about a valuation at all! 
    We havent  heard anything at all! 
    Have you managed to hear anything back about the process yet?
    We heard today that the valuation is booked for the 26th may. 
    So far the process looks like this

    26th april - DIP
    29th April full application put in
    18th may - more documents requested
    22 may - heard about valuation being booked
    26th may - hopefully valuation. 

    The broker told us that aldermore are running behind at the moment.

    does anyone know if the valuation being booked is a good sign?

    I am too afraid to even tell the kids about the house in case they refuse the mortgage!

    Would they book a valuation if they were not generally happy with things? 

    We have 6 children so moving us a massive undertaking i havent so much as sorted a draw yet - im too nervous about the mortgage! But i dont want to suddenly have to pack up we have 4 weeks notice to give to move so once we have keys thats it 4 weeks and we need to be out of our current house. 
  • ellenhannahellenhannah Forumite
    4 Posts
    First Post
    Newbie
    No i have no idea about a valuation at all! 
    We havent  heard anything at all! 
    Have you managed to hear anything back about the process yet?
    We heard today that the valuation is booked for the 26th may. 
    So far the process looks like this

    26th april - DIP
    29th April full application put in
    18th may - more documents requested
    22 may - heard about valuation being booked
    26th may - hopefully valuation. 

    The broker told us that aldermore are running behind at the moment.

    does anyone know if the valuation being booked is a good sign?

    I am too afraid to even tell the kids about the house in case they refuse the mortgage!

    Would they book a valuation if they were not generally happy with things? 

    We have 6 children so moving us a massive undertaking i havent so much as sorted a draw yet - im too nervous about the mortgage! But i dont want to suddenly have to pack up we have 4 weeks notice to give to move so once we have keys thats it 4 weeks and we need to be out of our current house. 
    Yes I think that is a good sign, the process on the Aldermore website says that the valuation gets booked in after the first stage of underwriting. 

    We are still awaiting them to look though bank statements, I am not sure if we then go back to the back of the queue and have o wait another 10 days or not! 
  • shanodshanod Forumite
    11 Posts
    Part of the Furniture 10 Posts Combo Breaker
    Forumite
    No i have no idea about a valuation at all! 
    We havent  heard anything at all! 
    Have you managed to hear anything back about the process yet?
    We heard today that the valuation is booked for the 26th may. 
    So far the process looks like this

    26th april - DIP
    29th April full application put in
    18th may - more documents requested
    22 may - heard about valuation being booked
    26th may - hopefully valuation. 

    The broker told us that aldermore are running behind at the moment.

    does anyone know if the valuation being booked is a good sign?

    I am too afraid to even tell the kids about the house in case they refuse the mortgage!

    Would they book a valuation if they were not generally happy with things? 

    We have 6 children so moving us a massive undertaking i havent so much as sorted a draw yet - im too nervous about the mortgage! But i dont want to suddenly have to pack up we have 4 weeks notice to give to move so once we have keys thats it 4 weeks and we need to be out of our current house. 
    Yes I think that is a good sign, the process on the Aldermore website says that the valuation gets booked in after the first stage of underwriting. 

    We are still awaiting them to look though bank statements, I am not sure if we then go back to the back of the queue and have o wait another 10 days or not! 
    Hi there am following all you guys on the process and time scales ours went in on Monday 23rd.

    how do you know if they have checked your bank statements or not? Also I was told the valuation can be done at any stage. 

    Got my fingers crossed for all you guys! 


  • fortylittletoesfortylittletoes Forumite
    10 Posts
    Part of the Furniture First Post Combo Breaker
    Forumite
    shanod said:
    No i have no idea about a valuation at all! 
    We havent  heard anything at all! 
    Have you managed to hear anything back about the process yet?
    We heard today that the valuation is booked for the 26th may. 
    So far the process looks like this

    26th april - DIP
    29th April full application put in
    18th may - more documents requested
    22 may - heard about valuation being booked
    26th may - hopefully valuation. 

    The broker told us that aldermore are running behind at the moment.

    does anyone know if the valuation being booked is a good sign?

    I am too afraid to even tell the kids about the house in case they refuse the mortgage!

    Would they book a valuation if they were not generally happy with things? 

    We have 6 children so moving us a massive undertaking i havent so much as sorted a draw yet - im too nervous about the mortgage! But i dont want to suddenly have to pack up we have 4 weeks notice to give to move so once we have keys thats it 4 weeks and we need to be out of our current house. 
    Yes I think that is a good sign, the process on the Aldermore website says that the valuation gets booked in after the first stage of underwriting. 

    We are still awaiting them to look though bank statements, I am not sure if we then go back to the back of the queue and have o wait another 10 days or not! 
    Hi there am following all you guys on the process and time scales ours went in on Monday 23rd.

    how do you know if they have checked your bank statements or not? Also I was told the valuation can be done at any stage. 

    Got my fingers crossed for all you guys! 


    We had an email from the broker on thursday that said

    “At this stage the lender has satisfied all of the information you sent through which is great news.

    Valuation has been done and I am just waiting on the underwriter to receive the report and check all documents before advising us on the next steps. We need to allow them 1-2 days for assessing”

    so i dont know if that means they dont need anymore documents but they haven't looked at them yet or if they are happy with the contents of the documents !

    i just feel like i need a yes or no answer now! 

    I am too afraid to hand in notice on our flat until we know for certain and if it goes on another few days thats another months rent to roll into. 

    I am still feeling like they will refuse buy when i mention to the mortgage broker just seems confused at my worry !
  • shanodshanod Forumite
    11 Posts
    Part of the Furniture 10 Posts Combo Breaker
    Forumite
    shanod said:
    No i have no idea about a valuation at all! 
    We havent  heard anything at all! 
    Have you managed to hear anything back about the process yet?
    We heard today that the valuation is booked for the 26th may. 
    So far the process looks like this

    26th april - DIP
    29th April full application put in
    18th may - more documents requested
    22 may - heard about valuation being booked
    26th may - hopefully valuation. 

    The broker told us that aldermore are running behind at the moment.

    does anyone know if the valuation being booked is a good sign?

    I am too afraid to even tell the kids about the house in case they refuse the mortgage!

    Would they book a valuation if they were not generally happy with things? 

    We have 6 children so moving us a massive undertaking i havent so much as sorted a draw yet - im too nervous about the mortgage! But i dont want to suddenly have to pack up we have 4 weeks notice to give to move so once we have keys thats it 4 weeks and we need to be out of our current house. 
    Yes I think that is a good sign, the process on the Aldermore website says that the valuation gets booked in after the first stage of underwriting. 

    We are still awaiting them to look though bank statements, I am not sure if we then go back to the back of the queue and have o wait another 10 days or not! 
    Hi there am following all you guys on the process and time scales ours went in on Monday 23rd.

    how do you know if they have checked your bank statements or not? Also I was told the valuation can be done at any stage. 

    Got my fingers crossed for all you guys! 


    We had an email from the broker on thursday that said

    “At this stage the lender has satisfied all of the information you sent through which is great news.

    Valuation has been done and I am just waiting on the underwriter to receive the report and check all documents before advising us on the next steps. We need to allow them 1-2 days for assessing”

    so i dont know if that means they dont need anymore documents but they haven't looked at them yet or if they are happy with the contents of the documents !

    i just feel like i need a yes or no answer now! 

    I am too afraid to hand in notice on our flat until we know for certain and if it goes on another few days thats another months rent to roll into. 

    I am still feeling like they will refuse buy when i mention to the mortgage broker just seems confused at my worry !
    To me that sounds like it’s moving well. I’d imagine they would check the statements ect near the start of the underwriting. 

    Hopefully you get a answer this week! 

  • shanodshanod Forumite
    11 Posts
    Part of the Furniture 10 Posts Combo Breaker
    Forumite
    We submitted on 23rd and got asked for more documents today 30th. Was expecting 10 days like it states on their website. 

    Valuation and full underwriting next.
  • rowstersrowsters Forumite
    3 Posts
    First Post First Anniversary
    Newbie
    Hi all,

    We're currently waiting to hear back from Aldermore as well, so I've been reading all of these comments with interest! Here's where we are so far: 

    Aldermore DIP approved - 5 May
    Aldermore application submitted - 19 May
    additional information requested and submitted - 23 May
    further information requested and submitted - 27 May

    I'm not sure what happens next, as we're first-time buyers - possibly another request for information? We're in Scotland and so a Home Report has already been done, but as it was dated early February, it's possible a valuation will need to be done. We're hoping to move in late June or early July, is that realistic?
  • shanodshanod Forumite
    11 Posts
    Part of the Furniture 10 Posts Combo Breaker
    Forumite
    rowsters said:
    Hi all,

    We're currently waiting to hear back from Aldermore as well, so I've been reading all of these comments with interest! Here's where we are so far: 

    Aldermore DIP approved - 5 May
    Aldermore application submitted - 19 May
    additional information requested and submitted - 23 May
    further information requested and submitted - 27 May

    I'm not sure what happens next, as we're first-time buyers - possibly another request for information? We're in Scotland and so a Home Report has already been done, but as it was dated early February, it's possible a valuation will need to be done. We're hoping to move in late June or early July, is that realistic?
    Did you any news off them? I think your July target could be realistic I imagine.

    anyone else received any updates or news off Aldermore?
  • fortylittletoesfortylittletoes Forumite
    10 Posts
    Part of the Furniture First Post Combo Breaker
    Forumite
    Still waiting for news here! 
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