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How long from offer to survey??
laughsatcats
Posts: 22 Forumite
Hi all, I have accepted an offer on my house three weeks ago and made an offer on another two weeks ago. The buyers have still not booked a survey and my estate agent says it is because they are with Santander/Abbey and that they do the survey at the end of the mortgage process so after they have all the paperwork together and the conveyancing has been carried out. I want to book a survey on the house I want to purchase but cant see the point if the survey on my house hasnt even been done yet as I would have thought it could all fall through and waste everyone's time in the process. In previous moves it has not taken this long and the survey was done within two weeks.
Has anyone else heard of this from Santander/Abbey as it seems illogical to me? Or am I being strung a line? Maybe the buyers sale has fallen through and they are biding time?
I would value any opinions.
Thank you.
Has anyone else heard of this from Santander/Abbey as it seems illogical to me? Or am I being strung a line? Maybe the buyers sale has fallen through and they are biding time?
I would value any opinions.
Thank you.
0
Comments
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Santander do all the underwriting first so buyers don't pay out for a survey if they can't get a mortgage.0
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I've just had a valuation instructed from Santander, it's taken over 3 weeks to get to this point. Santander have big back logs at the moment. Here's my time line, but the delays are getting longer by the day from what my MA tells me.
25th March - AIP with Santander
26th March - Full application and ID/paperwork etc. submitted
3rd April - Extra information requested and supplied
15th April - Mortgage agreed subject to valuation
16th March - Valuation booked for 22nd April (damn you Easter bank holiday!!!)0
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