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

Middle of Feb: Initial meeting with MA to discuss money, do KFIs, etc. Suggests we go with Santander
End of Feb: put in 3 offers on a house, all refused - back to the drawing board
14/03: Viewed a house, with potential. Owners father was there so we couldn't get a proper look around!
21/03: Second viewing, much better... Decide to put an offer in.
24/03: first offer refused - it was 10.5k, under but you have to try!
26/03: second offer put in - refused within 10 minutes!
27/03: final offer placed and refused. £1k under what she wanted, £6k under asking. EA is frustrated and takes the vendor 'window shopping' to get her on board
30/03: offer accepted! We visit our MA who has all our paperwork ready to submit our mortgage application with Natwest (was a better fit for us, I bank with them and have multiple incomes)
02/04: MOPS received
07/04: Contacted MA re: any news
15/04: Contacted Natwest, they require further info. Send updated Bank Statements to MA and request HRMC fax SA302 (since the first lot got lost in the post 8 weeks ago!)
16/04: MA lets me know she's passing further information onto Natwest today.
20/04: MA confirms Natwest have our stuff and will contact them on Thursday to see whats happening
23/04: MA calls, Natwest are happy with all our info (yay minor victory). However, they require my partner's previous address (he moved in with my just under 3 years ago) in written format from her)
25/04: Received Fixtures & Fittings list and Land Registry info from Solicitors, he also informs us that he has the vendors contract in hand.
28/04: Mortgage Approved subject to Valuation. Valuation fee paid.
06/05: Valuation booked takes place
08/05: Structural Survey takes place


08/05: solicitors searches, contracts and property information pack received
11/05: Structural finds nothing terrible, pointing needs doing on chimney (my dad's a roofer and will see to it) and double glazing blown in front windows (we knew about and negotiated into the price)
11/05: (early evening) MA rings, Natwest are satisfied with the valuation and the mortgage offer are in the post!

Now we just wait, hopefully we can exchange soon!

catrobinson wrote: »

Hi,
I have come to join you all in this stomach churning process!
We are first time buyers who until a few months ago were living happily in a rented house belonging to an estate that would never be sold! fast forward to now and it is being sold and we are suddenly wanting to buy elsewhere.
Our timeline!
2/5/15 AIP through a broker with Santander (our bank!)
9/5/15 Saw a house and put in an offer.
11/5/15 Offer accepted, solicitor instructed.
Have decided to go direct to Santander not through broker and initial phone 'meeting' took place. Credit check all fine. Tomorrow have a face to face to start application process.
Feeling ever so slightly sick!!

12/5/15 Today I spent 3 long hours with Santander completing mortgage application. Unfortunately we have been referred and it has been sent to the underwriters. She tells me its not uncommon with help to buy mortgages. Hopefully will have a decision by Fri/Mon!!

hello guys this is my fist post on here. I suffer from an anxiety disorder so these next 2 weeks are probably the most gut wrenching nerve wracking weeks of my whole life while we wait from halifax about our mortgage decision. We want to buy our second home, we are currently selling our home to be closer with family, husband had brought the house be4 we met. As i have been self employed for the past 2 years and do not have a great credit history we have decided to keep it in my husbands name, which is fine by me. We have received an offer on our current home, after an original offer was made by a team of property developers and once the survay was done they just kept trying to get us down in price it also turned out some alterations we had done (patio doors and internal walls) our builder had not told us about the need for building control, we managed to get an indemnity policy for the work but the developers didnt want that, it was just issue after issue with some very rude men, so in the end we decided we didnt need the stress and parted ways with the buyer (there were 87 emails exhanged in about 3 weeks just so you know the extent) anyway, 3 weeks after we got a better offer with a nice family guy so hopefully thats all going thrugh nicely. For this house we were offerd a MIP from HSBC but when we applied we got rejected (they wanted an 30k deposit) and not a 22k which is what we were offering. so now we have gone thrugh our estate agent and applied with Halifax, but im so scared that this wont go thrugh, The EA said it should, As we are asking for 89k, for an 18k deposit (the new house needs serious work to the bathroom and as i do massage it does need to be done sooner rather than later)
Dont think iv missed anything but wanted to have something to take my mind of it and not just sit here and speculate x hope this makes sense x

In_For_A_Penny wrote: »

I can empathise - We had a horrible time with Nationwide. After 3 months of them continually losing documents, scanning and rescanning items (including in branch so they would be acceptable and not get lost) we gave up and had full approval with Halifax in 10days.

Hope you get it sorted.

Car1980 wrote: »

Well, Nationwide have won. In their apparent efforts to wear us down and grab their £3000k early repayment penalty, we now have no choice but to tell them take a long walk off a short pier.

Now SA302s are not enough and they want 2 years certified accounts for both of us. Which would probably cost us most of the ERP, take weeks and make the current sale fall through.

My broker has never seen anything like it and called it shocking. It even got to the point where was asking them on the phone "do you even understand what it means to be self employed? Do you not understand the words 'self assessment'?"

He's now off to make a complaint and get them pulled from their approved panel.

You only have to look at the reviews on Trust Pilot to see that Nationwide are not fit for purpose in 2015.

It gets better! They have kindly suggested I create my own accounts! Of course, they can't tell me what format they should be in and for some reason they think my non-certified accounts would be equally valid as an accountant's certified accounts and can't foresee what me and my broker can - that they'd be thrown straight in the bin.

Plus! Their computer says I'm not a customer (have had a mortgage for 6 years with them), and they've lost the marriage certificate for good measure.

Absolute shower of sh*t.

17/4 Accepted an offer on the sale of our house
17/4 Agreement in principle received through broker for Halifax
20/4 Had our offer accepted on a house
22/4 Scanned in bank statements/ID/accounts/proof of funds etc and emailed to broker
23/4 Decided to go with Coventry BS. Agreement in principle received and full mortgage application begun.
24/4 Surveyor out to our home today to refresh the home report for the house we are selling
30/4 Valuation of our purchase property carried out today
5/5 Bank still waiting for the return of a form they sent to my husbands accountant, some form to confirm that his accounts were indeed prepared by them. This form never arrived at the accountants so we told bank to send another.
7/5 Our solicitor has not received any paperwork at all regarding the house we are buying!! Not even a written acceptance of the offer we made over 2 weeks ago!
8/5 Broker confirms valuation is fine and once bank receives that form from the accountants then we will have the offer in the post!
11/5 Phoned sellers estate agents to tell the our solicitor has received no written acceptance or anything at all from their solicitor. She calls them and says they packaged up some papers and sent them out at the end of last week.
13/5 MORTGAGE HAS BEEN APPROVED!!!


Cant believe we have our mortgage approved for a house that our solicitor has not even received a written acceptance for!!!
AAARRRGGHHH!!!