Abbey/Santander application - Delay

janeebaker

Just heard has today been moved to offer stage, assume this will be ok ! Last time they came back straight away with a down valued figure, fingers crossed all ok for us now

janeebaker

lindiloo1980 wrote: »

I cant believe how quickly they had the survey completed! Mortgage agreed Thursday, the survey was today, Monday. Hopefully now, this is the last hurdle...

GOOD LUCK!

My MA said on receipt of survey goes back to underwriters, santanderforintermediaries says today they were assessing 2nd June so guess that explains it !! Good luck !!! They instructed our valuation super quick too last hurdle for you I'm sure !! :j

HOMESWEETHOME

Still waiting, Underwriters asked another question 2nd june, and went back to the underwriters on the 6th june - they are currently as of today looking at applications sent to underwriters on the 4th june so more than likely won't get a response now till next week.

As i said to my broker - if the underwriters require anymore questions being answered it will roughly take 2 full weeks to get a response back from underwriters - absolute joke!

No disrespect to others here but I'm reading cases where people are putting down the minimal amount needed to get a mortgage and its flying through.... !!!!!!

pippin06

We have gone direct to Santander. We had a meeting with payslips, statements etc and were given a mortgage offer to be taken up before October. We've paid for the valuation and expect that to be arranged shortly.

Please can anyone tell us, in their experience, what happens next? Does this offer mean as long as the valuation comes in ok it's all go, or will they be looking at the application again and asking for more info?

Any help appreciated thanks

janeebaker

pippin06 wrote: »

We have gone direct to Santander. We had a meeting with payslips, statements etc and were given a mortgage offer to be taken up before October. We've paid for the valuation and expect that to be arranged shortly.

Please can anyone tell us, in their experience, what happens next? Does this offer mean as long as the valuation comes in ok it's all go, or will they be looking at the application again and asking for more info?

Any help appreciated thanks

Do you mean an AIP as they usually need the valuation back before they offer ??

HOMESWEETHOME

Finally : Underwriter decision: Application agreed
Just need to see when the valuation will be booked for and hopefully now its plain sailing

HOMESWEETHOME

Valuation Instructed

HOMESWEETHOME

Valuation booked for the 19th

Slowly getting there....

s_ma20

Hi all, we have just started our application with Abbey using L&C and were wondering what documents they are likely to require as part of the process.

We have already submitted payslips / proof of income, are there any other docs they will definitely require down the line e.g statements for all accounts for the last three months?

many thanks

HOMESWEETHOME

valuation...its just this correct? or will they see if its structurally sound
would it be wise to get a structural survey - companies are requesting 500.00ish