Santander - shared ownership

Lou24
Lou24 Posts: 79 Forumite
edited 7 April 2014 at 11:09AM in Mortgages & endowments
Hi

Has anyone applied for shared ownership mortgage with santander or with anyone ?

How did it go?
How long did it take
Did you need to send bank statements start of application?
Does it get passed quicker then full loans?

Thanks

Comments

  • Elfbert
    Elfbert Posts: 578 Forumite
    Ninth Anniversary 500 Posts Combo Breaker
    I originally got my Shared Ownership mortgage with HSBC - just like applying for a normal mortgage, except you had to assure them that it was possible to staircase to 100%.

    Took absolutely ages, but that was mainly because of Countrywide, which at the time HSBC insisted using for the conveyancing side, who I wouldn't touch with a !!!!!! stick :) The actualy mortgage bit seemed quite fast, if I remember correctly.

    Just re-mortgaged with Nationwide, which has taken a couple of weeks so far, but tbh, half that is my fault as I've been busy and not sending stuff as soon as they ask for it!
    Mortgage - £[STRIKE]68,000 may 2014[/STRIKE] 45,680.
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