Just thought I would share since there are a lot of people on here with the impression that PhD bursaries don't count for a mortgage!
We applied last Wednesday through Natwest (apparently the only bank that accepts bursaries) and were told yesterday that our case is with an underwriter. We just got a call today and they told us that the mortgage has been approved subject to valuation which will take place until Friday so by next Monday we should have the final outcome.
I am sooo happy, I don't see much can go wrong now, its a new built and the last of its kind in this development and apparently they've never had a problem with the valuation before.
Can I also add, if we do get an outcome by next Monday that's only 10 days since application. Very very quick!
We applied last Wednesday through Natwest (apparently the only bank that accepts bursaries) and were told yesterday that our case is with an underwriter. We just got a call today and they told us that the mortgage has been approved subject to valuation which will take place until Friday so by next Monday we should have the final outcome.
I am sooo happy, I don't see much can go wrong now, its a new built and the last of its kind in this development and apparently they've never had a problem with the valuation before.
Can I also add, if we do get an outcome by next Monday that's only 10 days since application. Very very quick!