Nationwide mortgage process

Seanj123

So full mortgage application submitted 5/4/23 hard search 6/4/23 valuation booked for 12/4/23 what’s people’s recent experience with nationwide mortgages times etc 

ACG

Their website says 2 working days from the day after they receive the valuation back. 
So if carried out on the 12th, means they will probably get it on the 13th (maybe the 12th). You might have an offer a week tomorrow, worst case would be the monday after the weekend. 

https://www.nationwide-intermediary.co.uk/placing-business/service-updates 

Seanj123

That’s a lot quicker then I thought, currently only asked for payslips, won’t they need anything else 

Claire89_

I submitted my application with Nationwide on 20th March and got the offer on 30th March. 

MalMonroe

Seanj123 said:

That’s a lot quicker then I thought, currently only asked for payslips, won’t they need anything else 

Hi, they may do. But they will do their own full credit check on you anyway - from what you say it sounds like it's been done - and they'll let you know if they need anything else. 

Sounds like they don't hang around, though, so that's good.

More info here -

https://www.nationwide.co.uk/mortgages/help/application-proofs-guide/

All the best and good luck. 

Seanj123

Yea seems they’re now waiting around for anything and wanna move fast with it all! Fingers crossed all is well 🤞

IAMIAM

Do nationwide carry out physical valuations all the time? Even remortgages?

Missymoo2

IAMIAM said:

Do nationwide carry out physical valuations all the time? Even remortgages?

Nationwide did a full physical valuation a few months back on our remortgage LTV 21%. It was also very thorough, some flaking paint on the bathroom ceiling from a roof leak led them to send a report to our broker stating they would normally ask for asbestos testing but would make an exception on this occasion 😂

IAMIAM

Yes, I have found when I have dealt with Nationwide, they do every valuation as a physical! or their franchise does

Seanj123

ACG said:

Their website says 2 working days from the day after they receive the valuation back. 
So if carried out on the 12th, means they will probably get it on the 13th (maybe the 12th). You might have an offer a week tomorrow, worst case would be the monday after the weekend. 

14/4/23 still yet to receive any info back, I’m working on the assumption no news is good news, very nerve wracking time this!

Shawty88

Seanj123 said:

So full mortgage application submitted 5/4/23 hard search 6/4/23 valuation booked for 12/4/23 what’s people’s recent experience with nationwide mortgages times etc 

We submitted our application on 4/4/23, hard search 5/4/23. Unfortunately there was a 2 week delay as they had to wrong address for the valuation, that’s now been booked for 22/4/23. We’ve been told that income is verified and they’ve accepted the application, subject to the valuation so I’m HOPING we get the mortgage offer for the amount we applied for. Not sure how quickly they’ll get back to us though, not sure if it’s possible for it to come over the weekend?

good luck with yours, haven’t read the whole thread but aside from our issue with the address Nationwide were given, it’s felt like a smooth and efficient process.