Natwest Mortgage Timescale 2022

Wheaton20

Big_Rock said:

Wheaton20 said:

Hoping someone can help!

We submitted our documents on the 17/10/22 and Natwest requested more documents on the 08/11/2022 (current accounts - my fault I only sent them the joint account as this is where our salaries get paid into and the bills come out of) our vendors are now threating to pull the sale from us.  

Is anyone else in the same position do you think that if they were going to decline the mortgage do you think they would have done so by now?

I'm so stressed at the moment I can barely sleep.

Thanks in advance x

First of all NatWest are slowest of all slows so don’t keep any hopes on them.

They can decline but normally they don’t at your stage until anything material different. So keep fingers crossed. 

Vendors won’t pull out they are just playing because yes it’s frustrating… without a doubt for them. 

But then pulling out isn’t in their favour because by the time they re market and choose a new buyer it will be too late and new buyer can get struck with lender as well. 

Just explain them above and that you are now the best for them and ask for more time .

Also market is going down so they might not achieve same price as you agreed with new buyer.

Good Luck 

Big_Rock I have emailed our mortgage advisor asking them for a reference number, scrolling through I see others on this forum are able to see from themselves what stage they are at.  Maybe if I knew this and we passed the affordability check then I can breathe again lol.

Thanks again 

Big_Rock

Wheaton20 said:

Big_Rock said:

Wheaton20 said:

Hoping someone can help!

We submitted our documents on the 17/10/22 and Natwest requested more documents on the 08/11/2022 (current accounts - my fault I only sent them the joint account as this is where our salaries get paid into and the bills come out of) our vendors are now threating to pull the sale from us.  

Is anyone else in the same position do you think that if they were going to decline the mortgage do you think they would have done so by now?

I'm so stressed at the moment I can barely sleep.

Thanks in advance x

First of all NatWest are slowest of all slows so don’t keep any hopes on them.

They can decline but normally they don’t at your stage until anything material different. So keep fingers crossed. 

Vendors won’t pull out they are just playing because yes it’s frustrating… without a doubt for them. 

But then pulling out isn’t in their favour because by the time they re market and choose a new buyer it will be too late and new buyer can get struck with lender as well. 

Just explain them above and that you are now the best for them and ask for more time .

Also market is going down so they might not achieve same price as you agreed with new buyer.

Good Luck 

Big_Rock I have emailed our mortgage advisor asking them for a reference number, scrolling through I see others on this forum are able to see from themselves what stage they are at.  Maybe if I knew this and we passed the affordability check then I can breathe again lol.

Thanks again 

Just go to https://www.tracker.natwest.com/nwb/mortgageapp/tracker/login.jsp click chat and they will give you tracker ref no.

Broker can as well give you this but don't rely all on broker information. There are many people who have been messed up by their well trusted brokers. 

You must have passed affordability to get to this stage ... 

Good Luck . 

Big_Rock

Wheaton20 said:

Big_Rock said:

Wheaton20 said:

Hoping someone can help!

We submitted our documents on the 17/10/22 and Natwest requested more documents on the 08/11/2022 (current accounts - my fault I only sent them the joint account as this is where our salaries get paid into and the bills come out of) our vendors are now threating to pull the sale from us.  

Is anyone else in the same position do you think that if they were going to decline the mortgage do you think they would have done so by now?

I'm so stressed at the moment I can barely sleep.

Thanks in advance x

First of all NatWest are slowest of all slows so don’t keep any hopes on them.

They can decline but normally they don’t at your stage until anything material different. So keep fingers crossed. 

Vendors won’t pull out they are just playing because yes it’s frustrating… without a doubt for them. 

But then pulling out isn’t in their favour because by the time they re market and choose a new buyer it will be too late and new buyer can get struck with lender as well. 

Just explain them above and that you are now the best for them and ask for more time .

Also market is going down so they might not achieve same price as you agreed with new buyer.

Good Luck 

Big_Rock I have emailed our mortgage advisor asking them for a reference number, scrolling through I see others on this forum are able to see from themselves what stage they are at.  Maybe if I knew this and we passed the affordability check then I can breathe again lol.

Thanks again 

Hope that helps. 

Wheaton20

Big_Rock said:

Wheaton20 said:

Big_Rock said:

Wheaton20 said:

Hoping someone can help!

We submitted our documents on the 17/10/22 and Natwest requested more documents on the 08/11/2022 (current accounts - my fault I only sent them the joint account as this is where our salaries get paid into and the bills come out of) our vendors are now threating to pull the sale from us.  

Is anyone else in the same position do you think that if they were going to decline the mortgage do you think they would have done so by now?

I'm so stressed at the moment I can barely sleep.

Thanks in advance x

First of all NatWest are slowest of all slows so don’t keep any hopes on them.

They can decline but normally they don’t at your stage until anything material different. So keep fingers crossed. 

Vendors won’t pull out they are just playing because yes it’s frustrating… without a doubt for them. 

But then pulling out isn’t in their favour because by the time they re market and choose a new buyer it will be too late and new buyer can get struck with lender as well. 

Just explain them above and that you are now the best for them and ask for more time .

Also market is going down so they might not achieve same price as you agreed with new buyer.

Good Luck 

Big_Rock I have emailed our mortgage advisor asking them for a reference number, scrolling through I see others on this forum are able to see from themselves what stage they are at.  Maybe if I knew this and we passed the affordability check then I can breathe again lol.

Thanks again 

Hope that helps. 

Cheers again! I'll give that a go

Polmop

Do you think we've passed addordability. We had all ticked on Saturday and they have just asked for proof of deposit. Thanks. So stressed 

Big_Rock

Polmop said:

Do you think we've passed addordability. We had all ticked on Saturday and they have just asked for proof of deposit. Thanks. So stressed 

Is it showing on tracker? or they just emailed  you or broker. 

Should have passed affordability and its in the final stages 

Polmop

Tracker had gone back to1 outstanding and broker called this morning 

Big_Rock

Polmop said:

Tracker had gone back to1 outstanding and broker called this morning 

Don't worry should be done soon .. 

Polmop

Thanks.    

Big_Rock

Polmop said:

Thanks.    

Its says reviewing payslips not proof of deposit ie usually bank statements etc .