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  • FIRST POST
    • Jazxholly1
    • By Jazxholly1 20th Apr 19, 6:34 PM
    • 8Posts
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    Jazxholly1
    Barclays mortgage
    • #1
    • 20th Apr 19, 6:34 PM
    Barclays mortgage 20th Apr 19 at 6:34 PM
    Hi everyone,

    All new to this! So last Wednesday the 17th we had a meeting with Barclays to proceed with full application after getting an aip for the amount we want to borrow! Partner is self employed and i work part time and receive tax credit payments.

    So have received an update today from Barclays to say the valuation has been booked for the 24th of April, does this mean that the application has already been looked at by the underwriters or not as we don't have any checks logged on our credit reports? Thanks!
Page 1
    • jonesMUFCforever
    • By jonesMUFCforever 20th Apr 19, 7:32 PM
    • 25,779 Posts
    • 12,995 Thanks
    jonesMUFCforever
    • #2
    • 20th Apr 19, 7:32 PM
    • #2
    • 20th Apr 19, 7:32 PM
    The whole application will depend on their valuation.
    If it comes out as you want then things will proceed - if not they may come back to you with a lower mortgage offer.
    What goes around - comes around
    give lots and you will always receive lots
    • CraigSavage
    • By CraigSavage 20th Apr 19, 7:44 PM
    • 19 Posts
    • 2 Thanks
    CraigSavage
    • #3
    • 20th Apr 19, 7:44 PM
    • #3
    • 20th Apr 19, 7:44 PM
    Iím at the same stage as yours

    Aip: 20/2/19
    Full app: 3/4/19
    Valuation booked: 3/4/19
    Valuation completed: 12/4/19

    Been waiting since and mortgage advisor hasnít requested for anymore info yet so fingers crossed

    Iím self employed and only needed to show last 13 weeks of books as Iím sub contractor
    Mortgage is from Halifax
    • CraigSavage
    • By CraigSavage 20th Apr 19, 7:45 PM
    • 19 Posts
    • 2 Thanks
    CraigSavage
    • #4
    • 20th Apr 19, 7:45 PM
    • #4
    • 20th Apr 19, 7:45 PM
    Iv also had 2 credit checks, 1 soft 1 hard
    • Jazxholly1
    • By Jazxholly1 20th Apr 19, 7:55 PM
    • 8 Posts
    • 0 Thanks
    Jazxholly1
    • #5
    • 20th Apr 19, 7:55 PM
    • #5
    • 20th Apr 19, 7:55 PM
    We were told 2 credit searches had already been done at aip and full ap stage but neither are showing on the reports
    • CraigSavage
    • By CraigSavage 20th Apr 19, 8:01 PM
    • 19 Posts
    • 2 Thanks
    CraigSavage
    • #6
    • 20th Apr 19, 8:01 PM
    • #6
    • 20th Apr 19, 8:01 PM
    Credit checks update every month unless you’ve got Experian expert then it updates every day
    • Jazxholly1
    • By Jazxholly1 20th Apr 19, 8:07 PM
    • 8 Posts
    • 0 Thanks
    Jazxholly1
    • #7
    • 20th Apr 19, 8:07 PM
    • #7
    • 20th Apr 19, 8:07 PM
    I've got equifax and my parter has Experian expert. He hasn't had any that I can see either so I guess we'll just have to wait
    • mazibee
    • By mazibee 20th Apr 19, 8:38 PM
    • 130 Posts
    • 4 Thanks
    mazibee
    • #8
    • 20th Apr 19, 8:38 PM
    • #8
    • 20th Apr 19, 8:38 PM
    Hi All


    Here is our position ,


    12-04-2019 Full application was submitted on Friday, received a text message and an email from Santander.
    16-04-2019 Lender asked for more documents (Proof of address Submitted Council tax bill and water bill submitted)
    24-04-2019 Inspection survey booked.


    When I checked my Experian expert account, there is no search on it from Santander.


    Looks like we also have to wait, no other option
    • KatieDee
    • By KatieDee 20th Apr 19, 9:09 PM
    • 636 Posts
    • 470 Thanks
    KatieDee
    • #9
    • 20th Apr 19, 9:09 PM
    • #9
    • 20th Apr 19, 9:09 PM
    I cannot remember specific dates, but we have applied for two mortgages with Barclays in the past month. Both times, full offers were made within 48 hours. I think valuations (carried out by Countrywide) are booked at the same time the case is passed over to an underwriter, so it's probably dependent on their work load too.
    • Jazxholly1
    • By Jazxholly1 23rd Apr 19, 6:10 PM
    • 8 Posts
    • 0 Thanks
    Jazxholly1
    Received a call from the advisor today, mortgage is approved subject to valuation, underwriters were happy with everything so I guess the underwriters have approved before valuation in our case! ����
    • mazibee
    • By mazibee 23rd Apr 19, 7:01 PM
    • 130 Posts
    • 4 Thanks
    mazibee
    Congratulations @Jazxholly1


    Our valuation also booked for tomorrow.


    Till today strangely no alerts received from Experian regarding any soft/ hard searches.from lender.
    Last edited by mazibee; 23-04-2019 at 7:07 PM.
    • DrSpendLittle
    • By DrSpendLittle 23rd Apr 19, 9:08 PM
    • 606 Posts
    • 1,936 Thanks
    DrSpendLittle
    Received a call from the advisor today, mortgage is approved subject to valuation, underwriters were happy with everything so I guess the underwriters have approved before valuation in our case! ����
    Originally posted by Jazxholly1
    We were approved subject to valuation with Barclays too. Happened within 48 hours.

    The formal mortgage offer will come once Barclays are happy with the value of the property and the amount you have offered / had accepted i.e. they are both the same. Shouldn't be too long for you now!
    Debt Free Date: 29th March 2019 | Original Debt: £13,985.17 | Current Savings: £2,059.69
    • DrSpendLittle
    • By DrSpendLittle 23rd Apr 19, 9:09 PM
    • 606 Posts
    • 1,936 Thanks
    DrSpendLittle
    Forgot to add, I don't have any hard searches yet on my credit reports, though I do have a credit search showing on Noddle.

    I think the various credit reference agencies take time to update their records. It'll appear in due course.
    Debt Free Date: 29th March 2019 | Original Debt: £13,985.17 | Current Savings: £2,059.69
    • Jazxholly1
    • By Jazxholly1 24th Apr 19, 7:34 AM
    • 8 Posts
    • 0 Thanks
    Jazxholly1
    Thank you everyone! Oh great so looks they have already done a search just not showing yet, not that I have anything to worry about as we both have a good credit file!

    So looks like we will just have to wait now for them to receive the valuation report fingers crossed no issues, we think we're getting a bargain for the area so let's just hope they agree
    • Jazxholly1
    • By Jazxholly1 25th Apr 19, 4:36 PM
    • 8 Posts
    • 0 Thanks
    Jazxholly1
    Valuation carried out yesterday, mortgage offer in the post today ������ so guess they agreed!!
    • CraigSavage
    • By CraigSavage 25th Apr 19, 4:55 PM
    • 19 Posts
    • 2 Thanks
    CraigSavage
    Our mortgage offer has been approved too, so happy now
    • Jazxholly1
    • By Jazxholly1 25th Apr 19, 5:22 PM
    • 8 Posts
    • 0 Thanks
    Jazxholly1
    Brill!! Congratulations!!
    • mazibee
    • By mazibee 25th Apr 19, 11:00 PM
    • 130 Posts
    • 4 Thanks
    mazibee
    Our mortgage offer has been approved too, so happy now
    Originally posted by CraigSavage

    Brill!! Congratulations!!
    Originally posted by Jazxholly1

    Heartiest Congratulations Craig,
    Heratiest Cobgratulations Jazx,



    Our valuation was yesterday and we are still waiting for the outcome,



    Do you have the automated valuation , external and internal valuation by the surveyor
    • GavL
    • By GavL 17th May 19, 10:01 AM
    • 11 Posts
    • 0 Thanks
    GavL
    Wow just reading through some posts and seems quick with Barclays. MA has given me 3-4 weeks. It's only been since Tuesday and I've not heard anything!
    As he gave the timescale mentioned, I'd feel bad 'checking in! Such an anxious time.
    • Futuristic
    • By Futuristic 17th May 19, 5:11 PM
    • 804 Posts
    • 408 Thanks
    Futuristic
    Wow just reading through some posts and seems quick with Barclays. MA has given me 3-4 weeks. It's only been since Tuesday and I've not heard anything!
    As he gave the timescale mentioned, I'd feel bad 'checking in! Such an anxious time.
    Originally posted by GavL
    Got my offer (remortg) in 2 weeks as well, i think they have 2 working day timescale to reply to each update/app
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