Well, I'm pleased to announce we have received Unconditional Approval from the Bank!... finally!!!!
There were a couple hiccups along the way though...
First we went ahead and got the Valuation done for the property - from the same company the bank uses. It came in a little under but we fixed that up.
Then we submitted everything to the bank... It took some time for them to eventually get to it but when they did, they ordered the valuation again... Once we found that out, we contacted them and they suddenly realised that we already subbmitted the valuation to them... (apparently they mustn't really do their job of checking the files).
So, they then canceled their request for the valuation... This is where it gets a little funny. A week or so goes by and we are starting to get edgy... When they are contacted they say they are having trouble uploading the valuation we gave them.... Anyway, to cut the story short, after a number of calls the bank realizes that when they canceled their valuation, they also canceled our valuation and thus, no valuation was able to be submitted... So in the end they re-instated the valuation and "eventually" got to our loan.
What a nightmare that was. Now we need to let JG King know it's all good to go ahead.
There were a couple hiccups along the way though...
First we went ahead and got the Valuation done for the property - from the same company the bank uses. It came in a little under but we fixed that up.
Then we submitted everything to the bank... It took some time for them to eventually get to it but when they did, they ordered the valuation again... Once we found that out, we contacted them and they suddenly realised that we already subbmitted the valuation to them... (apparently they mustn't really do their job of checking the files).
So, they then canceled their request for the valuation... This is where it gets a little funny. A week or so goes by and we are starting to get edgy... When they are contacted they say they are having trouble uploading the valuation we gave them.... Anyway, to cut the story short, after a number of calls the bank realizes that when they canceled their valuation, they also canceled our valuation and thus, no valuation was able to be submitted... So in the end they re-instated the valuation and "eventually" got to our loan.
What a nightmare that was. Now we need to let JG King know it's all good to go ahead.
