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

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Comments

  • Hi,
    I was wondering if anyone who has used NatWest can help?
    We completed our mortgage application last Monday with our broker and Natwest have taken money on Friday (the amount the broker said they would) but we have had no contact from Natwest. Is this normal?

    We're only at the start of this process and it's already stressing me out! haha :)
  • sderrick
    sderrick Posts: 24 Forumite
    05/03/2018 - Offer accepted on the house
    06/03/2018 - Mortgage application started with L&C
    After many questions back and forth over identification/proof of addresses...
    30/04/2018 - Mortgage offer from Barclays
    Even further delays with renegotiation on our buyer, freehold share problems etc.


    21/05/2018 - Contracts Exchanged, Barclays request for funds


    Requested a completion date of 25/05/2018 which everyone is in agreement with, just really hope Barclays can pull their finger out and transfer the money!
  • joty127
    joty127 Posts: 1 Newbie
    “ Afternoon all :)

    Might as well join you..been reading this thread regularly from sideline and thought would provide my update.

    Partener & I are FTB with combined income above 110k. Excellent credit score but only one issue was that wife is 2 months into her maternity leave.Timeline is as follows:

    Property value: £300k (Located in Glasgow)
    Mortgage requested- £261k
    Bank- TSB Plc
    3/05/18- DIP approved and full mortgage application submitted to TSB via broker, text to confirm application received. All necessary documentation along with our pay slips, statement, wife's letter from employer confirming return to work date post maternity leave, proofs of deposits etc. uploaded at the time of application.


    08/05/18 - Broker confirmed application has been approved, pending valuation (I was surprised with such a quick response considering there was weekend in between). No further docs needed

    Then come the waiting game as there was no update between 8th May to 15th May.

    15/05/18 -- requested broker to chase TSB's business development manager for an update. Found out TSB has not instructed any valuation due to IT issues. Broker forced them to manually instruct valuation.

    18/05/18- Valuation completed
    21/05/18- Offer issued and documents received via email :T
    SO from application to offer it took 12 working days, which I think could have been even less without TSB's IT glitch. in all good turnaround time.

    Many thanks :)

  • Well we have finally had our offer from Nationwide. It was given on the 17/05/18 but nobody bothered to inform us. Found out from calling our broker today.
    Finally the stress is over! Been the longest 4 weeks of my life
    Good luck anyone else awaiting theirs.
  • dpowell3
    dpowell3 Posts: 90 Forumite
    First Anniversary Combo Breaker
    edited 21 May 2018 at 8:50PM
    18/05/2018 - Application submitted with NatWest

    So scared, AIP for £116,000 but looking to borrow £99,750 with a 95% mortgage.

    Valuation fee was taken from my account today.

    Crossing my fingers, toes and anything else that can be crossed.

    Probably a bad idea having access to the online tracker as I keep checking and hoping even though I know there!!!8217;s probably not going to be any update.

    PS - I am a Property lawyer and even I am nervous about this whole process.
  • BabyDaisy15
    BabyDaisy15 Posts: 10 Forumite
    First Anniversary
    Dpowell3, I'm going to be watching you as we submitted Thursday!

    16/05 - DIP submitted and accepted by Natwest
    17/05 - Application submitted by broker to Natwest
    21/05 - Valuation fee taken

    Good luck everyone!
  • kbm271186
    kbm271186 Posts: 6 Forumite
    First Anniversary First Post Combo Breaker
    kbm271186 wrote: »
    Application submitted - 19th April
    Valuation booked for - 8th May
    Valuation received - 14th May
    Valuation approved - 17th May

    Now just waiting for the offer.

    Offer issued - 18th May
  • dpowell3
    dpowell3 Posts: 90 Forumite
    First Anniversary Combo Breaker
    18/05/2018 - Application submitted with NatWest
    21/05/2018 - Valuation fee taken from my account
    22/05/2018 - L&G called for sellers phone number to arrange valuation
    22/05/2018 - Seller text me to say valuation is booked for tomorrow

    Online tracker still saying they are checking the initial paperwork/payslips etc.
  • dpowell3
    dpowell3 Posts: 90 Forumite
    First Anniversary Combo Breaker
    Dpowell3, I'm going to be watching you as we submitted Thursday!

    16/05 - DIP submitted and accepted by Natwest
    17/05 - Application submitted by broker to Natwest
    21/05 - Valuation fee taken

    Good luck everyone!


    Good luck BabyDaisy15 am crossing my fingers for you! NatWest seem to be very quick so far
  • FTBNow
    FTBNow Posts: 146 Forumite
    Still awaiting our official mortgage offer from Santander: the underwriters agreed the application until the valuation came back at £16,000 less. Renegotiated and my broker assured me no further underwriting required: however the MATS tracker is saying it has been passed to the underwriters.

    Argh. I'm hoping it's just a case that we've gone to the back of the queue and this is nothing more than a formality.
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