FTB Nationwide Mortgage Application

Homebuyer84

Hi there, we are purchasing a new build and have a completion date for 31/05/2024. 

We had our application in and offer received in January. In Feb we exchanged contracts in readiness for the house being finished. 

Today we received a text from nationwide stating that “ Nationwide here. Funds will be sent on 30/05/2024. If you're moving, this may be a day or so before you move. Other applications complete on this day.”

Is this the sign of the end? Will any further credit checks be done? Or are we good to go? 

Very excited now and just want to enjoy it rather than worry that something might go wrong 😂

Any advice would be welcome! 

Application - 15/01/2024
Valuation text - 17/01/2024 
Offer issued - 19/01/2024 
Exchanged contracts - 17/02/2024
Revised offer (better rate) - 08/04/2024

Bigphil1474

That should be it barring any very unlikely calamities (like your house falling down etc. ) Enjoy you new home.

BarelySentientAI

Homebuyer84 said:

Is this the sign of the end? Will any further credit checks be done? Or are we good to go? 

They could - almost never do, but they could.  You're not planning on suddenly taking out three credit cards or something are you?

AlexMac

Nationwide (and their predecessors; our local Greenwich Building Society and the Portman who gobbled ‘em up and were in turn taken over by Nationwide) have been brilliant lenders to us for decades and several changes of homes… so I doubt they’ll mess you about? And they are still a mutual!

But another great feature is that they pick up the phone if you ring ‘em…  so…

Homebuyer84

BarelySentientAI said:

Homebuyer84 said:

Is this the sign of the end? Will any further credit checks be done? Or are we good to go? 

They could - almost never do, but they could.  You're not planning on suddenly taking out three credit cards or something are you?

No! Absolutely not 😂 wouldn’t want to do anything to sabotage it was more just wanting to enjoy this last week of planning and prep!

Homebuyer84

AlexMac said:

Nationwide (and their predecessors; our local Greenwich Building Society and the Portman who gobbled ‘em up and were in turn taken over by Nationwide) have been brilliant lenders to us for decades and several changes of homes… so I doubt they’ll mess you about? And they are still a mutual!

But another great feature is that they pick up the phone if you ring ‘em…  so…

Haha thank you, I’m not too concerned. Nothing has changed and if anything our financial situation has improved since our offer was issued. Just wanting to enjoy the process now. 

Homebuyer84

Bigphil1474 said:

That should be it barring any very unlikely calamities (like your house falling down etc. ) Enjoy you new home.

I think… I’d die if it fell down so the funds wouldn’t really matter 😂 thank you. Mind at ease now 

arthurdick

Homebuyer84 said:

Bigphil1474 said:

That should be it barring any very unlikely calamities (like your house falling down etc. ) Enjoy you new home.

I think… I’d die if it fell down so the funds wouldn’t really matter 😂 thank you. Mind at ease now 

I would just like to say good luck to you and I hope it all goes well, exciting times, enjoy your new home.

AlexMac said:

Nationwide (and their predecessors; our local Greenwich Building Society and the Portman who gobbled ‘em up and were in turn taken over by Nationwide) have been brilliant lenders to us for decades and several changes of homes… so I doubt they’ll mess you about? And they are still a mutual!

But another great feature is that they pick up the phone if you ring ‘em…  so…

 Ha ha  Alex, what a blast from the past that is, Greenwich Building Society,  I remember having an account with them along Greenwich High Street back in the 1970's I think.

AlexMac

Fanks Arfur’. Greenwich were great to me; gave me a loan despite having incurred a CCJ over a trivial forgotten debt, then  years later, Nationwide bunged me a loan despite my having just been made redundant ( ‘er indoors was still solvent, thankfully). So good lucky to the OP!