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NatWest mortgage approval process May 2021

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Hi all

Has anyone got recent experience of NatWest's mortgage process? If so, what time frames is the bank currently working towards with respect to assessing applications? i.e. if my application was submitted via the telephone process today, how long would it likely be until I received a decision on my application?

Any thoughts gratefully received.

Thanks

Comments

  • Fi__AM2
    Fi__AM2 Posts: 5 Forumite
    First Post
    Hi.. Unfortunately can't help with timelines.. But i beleive mine was submitted Friday through a broker so can keep you posted :-) 
  • Update: 

    - phone application submitted on 17 May 2021 
    - confirmation of valuation booked on 18 May 2021 
    - valuation occurred on 20 May 2021
    - offer received 21 May 2021

    Very impressed with the efficiency of the process. 
  • Fi__AM2
    Fi__AM2 Posts: 5 Forumite
    First Post
    Update: 

    - phone application submitted on 17 May 2021 
    - confirmation of valuation booked on 18 May 2021 
    - valuation occurred on 20 May 2021
    - offer received 21 May 2021

    Very impressed with the efficiency of the process. 
    Wow that's amazingly quick..
    Congratulations!!! 
    Must be so relieved, I've still had nothing back from broker.. Hoping soon :-) 
  • Mahsroh
    Mahsroh Posts: 769 Forumite
    Sixth Anniversary 500 Posts Name Dropper Combo Breaker
    Application submitted 11th May (via broker)
    offer received 21st May

    we also lost a few days in the middle too after they requested more info which involved having to get letters from an employer etc, so all in all very quick turnaround. 
  • Raneynickel4
    Raneynickel4 Posts: 38 Forumite
    10 Posts Name Dropper
    Mine took 16 days from application to offer. Valuation was scheduled for a week and a bit, then the underwriting was complete within about 2 days. 
  • Mon2907
    Mon2907 Posts: 28 Forumite
    10 Posts Name Dropper
    We submitted on a Monday and had an offer on the Thursday! We went through a broker though - and she had already prepared responses to some things we thought they’d flag e.g my home insurance is with Tesco and comes out as Tesco bank and she said they’d check to see it wasn’t a credit card. Was really impressed. We had a desktop valuation too so I think that made things happen a lot quicker! 
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