Mortgage survey carried out before credit scored

mjdavies

I am a little confused as to Santander's procedure regarding the valuation report of a proposed property I want to purchase. They have told me that a surveyor as been appointed to carry out the report (scheduled for today) but as yet they can't tell us if we have passed their credit scoring.

I am worried as the surveyors report is costing us £500 (non refundable unless a surveyor hasn't been appointed) if we fail to get the mortgage because of something else then this will be a total waste of money. Surely they wouldn't appoint a surveyor until we have met all of their other criteria. Is this normnal practice to appoint the surveyor straight away therefore allowing them to keep the £500 even if we are turned down due to some other reason!!

GMS

Santander usually instruct the valuation once they have approved the application.

Call them and express your concerns

mjdavies

Thanks for the reply. I shall call them today

TMoose

GMS wrote: »

Santander usually instruct the valuation once they have approved the application.

Call them and express your concerns

And from personal experience - we are going through this at the moment with SantandAbbey - I have seen the credit check on my credit report, the valuation was instructed subsequently.

Fingers crossed for the OP

Moose

mjdavies

Yes they have performed a credit check which I can see on my report so hopefully that is an indicator that the application is going through ok...... but you never know with these things.