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Abbey / Santander mortgage timelines

Just wondered what people's timelines have been with Abbey and Santander recently. We have just applied.
Anna :beer:
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Comments

  • amnblog
    amnblog Posts: 12,782 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Can be very quick.

    Once we need manual intervention can be maddening.

    Hard to say without seeing the case.
    I am a Mortgage Broker

    You should note that this site doesn't check my status as a Mortgage Broker, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
  • We have also applied today, looks like a thread for the Abbey/Santander peeps :)
  • so far for us

    first contact and initial checks with santander on 5th Sep
    telephone interview/application /AIP on 9th Sep
    uploaded requested docs 9th Sep
    Application sent 10th Sep
    received 12th Sep
    sent back 13th Sep
    received by them 16th Sep
    id checks 16th Sep
    passed to underwriter 16th Sep
    approved by underwriter 17th Sep
    now waiting for valuation
    Making a change in 2013
  • michaels
    michaels Posts: 29,498 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Mine ground to a halt after approved but before valuation but it turned up this was because for some reason the valuation was cancelled - I chased after about 3 weeks of nothing and since then it seems to have taken a week to reach the point where they advised funds will be released in a weeks time. this was for a remortgage.
    I think....
  • Mine was really quick - apart from a small issue with them not associating the valuation report with my application. A quick chase from the MA and my offer was in the post around a week and a half after I applied.
  • Mine is taking ages -

    Full mortgage application completed on the 28th August.

    Since then a few queries about the bonus/variable pay element of my salary (a little tricky to prove as recently promoted).

    Now it is with a human instead of a computer, it is taking a long time. It is the part holding up my purchase.

    3 weeks and counting...
  • Done a new application for further borrowing including interview. Received the funds for that and now currently in the process of a remortgage internally in Santander but still only 3 weeks since my first call to them. Can't fault them so far
  • AnnaV
    AnnaV Posts: 531 Forumite
    According to our broker we should get e decision today. Feeling so nervous!
    Anna :beer:
  • JimmyTheWig
    JimmyTheWig Posts: 12,199 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Ours took 7 weeks from the valuation being done and the mortgage offer being sent out. No-one's quite sure why that took 7 weeks rather than a couple of days.
  • AnnaV
    AnnaV Posts: 531 Forumite
    Just heard from our mortgage broker and apparently Abbey all happy with our application so valuation should get booked on Monday. One step closer!
    Anna :beer:
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