Abbey/Santander application - Delay

eeyoreworld

8/2 allo outstanding Paperwork sent to abbey, ma advised us sent to underwriting queue yesterday, been on pins and not slept great since 8th, need to know if we can have our dream house or not. I know there is going to be no issue with valuation if we pass underwriting so hoping to have a definitive celebration or cry before the weekend...

Tashybud

PheoUK wrote: »

Just had email from the in Branch Mortgage advisor - mortgage has been offered and notification is on the way to our solicitors!

Finally, been a long time waiting since valuation on 7th Feb!

Great news! So pleased for you

Tashybud

eeyoreworld wrote: »

8/2 allo outstanding Paperwork sent to abbey, ma advised us sent to underwriting queue yesterday, been on pins and not slept great since 8th, need to know if we can have our dream house or not. I know there is going to be no issue with valuation if we pass underwriting so hoping to have a definitive celebration or cry before the weekend...

Know EXACTLY how you feel-life is put on hold. Keep us posted.

Okydoky25

Woohoo MA called to say she has been emailed confirmation we can have the mortgage subject to Valuation.

With everything being backwards does that really mean as long as the valuation (hope to be booked ASAP) is ok the mortgage is ours?

sdl1503

Okydoky25 wrote: »

Woohoo MA called to say she has been emailed confirmation we can have the mortgage subject to Valuation.

With everything being backwards does that really mean as long as the valuation (hope to be booked ASAP) is ok the mortgage is ours?

Yes! The end is almost in sight for you.

Okydoky25

sdl1503 wrote: »

Yes! The end is almost in sight for you.

Woop woop.

So once Valuation has been done how long until we have the offer in writing do you think?

PheoUK

Okydoky25 wrote: »

Woop woop.

So once Valuation has been done how long until we have the offer in writing do you think?

Took flipping forever for us! 7th Feb to 26th!

sdl1503

Okydoky25 wrote: »

Woop woop.

So once Valuation has been done how long until we have the offer in writing do you think?

2 days later we were notified by the MA. Not had it in writing yet though (was only yesterday).

Okydoky25

PheoUK wrote: »

Took flipping forever for us! 7th Feb to 26th!

Was there any problems with your valuation? Our estate agent has said that when it was valued the other month it was valued a little higher than our offer so don't foresee a problem.

SDL1503 how long did it take them to arrange your valuation after you had been offered the mortgage?

PheoUK

Okydoky25 wrote: »

Was there any problems with your valuation? Our estate agent has said that when it was valued the other month it was valued a little higher than our offer so don't foresee a problem.

SDL1503 how long did it take them to arrange your valuation after you had been offered the mortgage?

Nope, came back at the value we were looking to borrow. No idea what took so long.

Hopefully the letter with the offer will be there to backup yesterdays email when I get home.,