Santander Application

harvey115

I must say the information you are getting should never be allowed, no professionalism at all!!!

I personally think the broker should leave this line of business...

Jonathan1985

I phone estate agents and ask how its going, they transfer me to their mortgage advisor and he tells me…..

If that’s the estate agents way of letting me know I am not going to stop asking.

I need to know the info, my house has been off the market now for 4 weeks and a mortgage offer has still not been approved.

paulmapp8306

You dont NEED to know the information at all - nor are you entitled to. If I was the buyer here, and got wind of this info being given to you - Id pull out of the sale and lodge a formal complaint against the advisor using the data protection act, regardless of whether the mortgage goes through or not.

The situation is NOT acceptable.

MagicCats

Jonathan1985 wrote: »

I phone estate agents and ask how its going, they transfer me to their mortgage advisor and he tells me…..

If that’s the estate agents way of letting me know I am not going to stop asking.

I need to know the info, my house has been off the market now for 4 weeks and a mortgage offer has still not been approved.

OK, you seem hell bent on playing 'Bertie Big Bo*****s' so anyone advising you otherwise is onto a lost cause.

However, you have the info at your disposal so why are you not making a decision? You seem to think you need this info, and bizarrely, believe you are entitled to it, yet you're not making a decision?

harvey115

Well to be honest with you, the mistake buyer made was to use Estate Agent's MA. Looking at the way they are conducting their business I think the buyer may just end up not getting a mortgage through them.

I would give another 2 weeks to the buyer to either look for a mortgage elsewhere or you put your house back on the market. I think the buyer will understand then that the MA is of no use and if they then choose a good broker you might get the deal going forward.

gazfocus

To be fair, it will have been three weeks tomorrow from the date we submitted our mortgage application with a different lender through a mortgage advisor and we've still not received a mortgage offer from them.

We've come to realise that there are delays that cannot be helped by us frettning so we basically have to just wait it out and each time they ask for more documents or information we have to provide it as quickly as we can. Thankfully our vendor is being very patient and we are keeping the EA informed every step of the way.

While I do feel for you having to wait, as I feel for our vendor, at the end of the day the Mortgage application is just one aspect. Have your buyers started the ball rolling with their solicitors, etc?

We decided to get the ball rolling with the solicitors early on because we had been warned that mortgage applications were taking longer and we felt that the risk of losing solicitors fees if the mortgage offer fell through was worth taking.

Jonathan1985

I not sure if the buyers have started ball rolling with solicitors yet.

I am going to stop chasing them now, but I not sure when I should give up and put house back on market.

We have put offer in on another house, its been valued and we have been offered a mortgage (all within a week of submitting). Now we can not proceed any further because I am worried about their application.

reset1

Jonathan1985 wrote: »

any idea's what they look for in a P60?

Guess it is how much you they make over the whole year.

Conrad

Jonathan, plenty of sellers issue instructions to the agent not to take property off the market until for example the surveyor has attended.

If I were selling I'd insist on this anyway, as getting a mortgage is an uncertain endeavor.

Good applicants tend to be very straight forward types where the survey is booked pretty much immediately and the offer follows with little if any hassle at all.

Some applicants are just trouble. For example too many address's, online payslips, no hard copy bills on file (I'm online for bills but none the less keep any hard copies I get sent - just simple common sense, for example debit card renewall notice).