Anyone want to join me? Awaiting Mortgage decision...

Hi all,

Update from earlier post (FTB, 5% deposit on 3 year FR with Clydesdale):

18/6 - offer accepted
27/6 - full application, though documents weren’t sent until 2/7
6/7 - valuation completed
10/7 - passed to underwriter
12/7 - informed underwriter happy to proceed to offer, which should be received next week

All in all, assuming nothing goes wrong with the offer stage, nowhere near as drawn out as I was led to believe it would be with Clydesdale.

studentguy wrote: »

Using a broker

Bank: Clydesdale

Offer put in: 19th May
Chain completed: 16th June
Met with broker: 23rd June
Mortgage applied for: 25-27th June (unsure of exact date as it was with our broker who did it)
Informed of Valuation being booked: 2nd July
Valuation booked for: 12th July (big waiting list with all surveyors in area apparently)
Additional documents requested and asking questions as to why my partner was in and out of jobs a couple of years ago (she was temping): 9th July
Now just waiting!

Bank: Clydesdale

Offer put in: 19th May
Chain completed: 16th June
Met with broker: 23rd June
Mortgage applied for: 25-27th June (unsure of exact date as it was with our broker who did it)
Informed of Valuation being booked: 2nd July
First Credit Check: 2nd July
Second Credit Check: 3rd July
Valuation booked for: 12th July (big waiting list with all surveyors in area apparently)
Additional documents requested and asking questions as to why my partner was in and out of jobs a couple of years ago (she was temping): 9th July
Third Credit Check: 15th July
Mortgage Approved: 15th July :T
Awaiting formal mortgage offer

FTB with HTB London here, a bit cold water with L&C.

09/06 Offer made
12/06 Offer accepted and started to gather all the paperwork to MA
13/06 Mortgage application sent to L&C and from here every day we had to submit different paperwork to them.
21/06 All paperwork been sent finally to Halifax (MA was on holiday, or didn't see my e-mail, etc..)
22/06 ATP Issued (with wrong names)
22/06 Valuation booked in
28/06 Second ATP issued with correct names
29/06 Valuation date
02/07 Valuation rejected, down-valued the flat with an unrealistic price (original purchase price £493k, minus discount £5k, the flat valued to £420k where as no any other new development in 2 mile radius!)
03/07 New mortgage application to Barclays (with wrong names again and info again, notified them, assumed they have corrected it)
06/07 More information needed (L&C didn't forward the information to Barclays)
13/07 More information needed again (apparently the wrong application form flagged up at Barclays as i had no job based since 2015 on the form, which is of course wrong)
16/07 More information needed again (Wife had password protected payslips, and L&C didn't forward the password to Barclays, so had to do another employer referencing)

Today called Barclays directly to get some info as no updates from L&C.
Still no valuation booked, god knows how long this will take..
L&C only helpful and keep you in the loop until you send all the paperwork at the first stage. Once it's passed to the case manager, it is just painful and every time I ask about my case, the CM acts like he is doing a favor to me by answering(IF he is answering). I would let them to their job if they don't mess up my case on various occasion. I will go with a different broker next time for sure... :mad:

So full offer given on 12/07/18 and title deeds received.

Just awaiting date if entry.

Thanks for all this support here.