Abbey/Santander application - Delay

jcorbygas

Thank you Nick for your time scale. Daughter's application was with underwriters from Thursday 3rd July (after quite a few requests for paperwork before that - process started end of May) but nothing heard since or updated on their system - the waiting to hear is very stressful -daughter, son in law, and baby moved in with us to save deposit - then they had to find another £15000 to even get looked at - thanks to us and other relatives and friends this was raised - so now its just the waiting game.

DMeister

nick12 wrote: »

My application was underwritten before the valuation was done so assuming this is the norm the offer should come soon after (I had confirmation from my broker that the offer was on its way on the same day that the valuation report came back).

Of course the fact they did mine quickly doesn't mean they'll do everyone's quickly. Hope it all goes smoothly for you.

So my valuation was due to happen today between 12 and 3.

When should I hear the results of that? A day or so?

PinkLemonade_2

Valuation was on Friday and I just heard that the mortgage was offered and should be in the post and with us very soon. Yay!! Really never thought we'd actually get here. Kept waiting for something to fail, but it's all gone pretty smoothly.

jcorbygas

Just heard that application approved, and valuation on Friday so nearly there - my daughters mortgage broker has been wonderful and worked really hard to get this sorted.

nick12

DMeister wrote: »

So my valuation was due to happen today between 12 and 3.

When should I hear the results of that? A day or so?

All I can say is that they offered very quickly following valuation in my case (the same day). We went through a broker, I'm not sure what ability you have to check progress if going direct?

The offer arrived in the post about 3-4 working days later (yesterday).

DMeister

nick12 wrote: »

All I can say is that they offered very quickly following valuation in my case (the same day). We went through a broker, I'm not sure what ability you have to check progress if going direct?

The offer arrived in the post about 3-4 working days later (yesterday).

How many days after the valuation did the report come back from the surveyor? I have access to the intermediary site, and can see that it has been instructed, and I know it went ahead yesterday. So just waiting now on the results to come in!

nick12

DMeister wrote: »

How many days after the valuation did the report come back from the surveyor? I have access to the intermediary site, and can see that it has been instructed, and I know it went ahead yesterday. So just waiting now on the results to come in!

Pretty sure it should be same day. The valuation report came through with our mortgage offer and it's a 2 sided tick box type form which I'm sure they do while at the property so not as if they have to sit and write up a report.

DMeister

nick12 wrote: »

Pretty sure it should be same day. The valuation report came through with our mortgage offer and it's a 2 sided tick box type form which I'm sure they do while at the property so not as if they have to sit and write up a report.

AND I AM DONE!!!

Application received - 27th May 2014 7:58pm
Documents/information requested - 28th May 2014 2:25pm
Broker message submitted - 28th May 2014 2:27pm
Documents/information Day 3 chasing - 2nd Jun 2014 5:45pm
Documents/information Day 6 chasing - 5th Jun 2014 5:41pm
Broker document submission received - 10th Jun 2014 9:14am
Broker document submission received - 10th Jun 2014 12:03pm
Documents/information outstanding - 10th Jun 2014 2:48pm
Application rejected - 11th Jun 2014 5:36pm
Broker document submission received - 11th Jun 2014 7:30pm
Passed to underwriting - 12th Jun 2014 3:56pm
Documents/information outstanding - 20th Jun 2014 11:05am
Broker message submitted - 25th Jun 2014 11:31am
Documents/information outstanding - 25th Jun 2014 2:23pm
Underwriter documents/information Day 3 chasing - 25th Jun 2014 5:33pm
Passed to underwriting - 26th Jun 2014 9:37am
Documents/information outstanding - 27th Jun 2014 3:47pm
Broker document submission received - 27th Jun 2014 4:25pm
Documents/information outstanding - 28th Jun 2014 2:49pm
Underwriter documents/information Day 3 chasing - 2nd Jul 2014 5:32pm
Broker document submission received - 3rd Jul 2014 5:02pm
Passed to underwriting - 4th Jul 2014 2:24pm
Underwriter decision: Application agreed - 7th Jul 2014 12:18pm
Valuation instructed - 7th Jul 2014 1:33pm
Valuation received - 9th Jul 2014 1:39pm
Application offered - 9th Jul 2014 1:39pm

HOMESWEETHOME

Well we might be OFFICIALLY DONE - AWFUL solicitors and should have been done a week or 2 weeks ago. But exchange and completion on friday fingers crossed!

nick12

DMeister wrote: »

AND I AM DONE!!!

Brilliant. :beer: