Is this mortgage application progressing?

westv

With Skipton what happens if they need more docs for whatever reason?
Do you go back to the beginning of the application queue or do you keep your place?

betsy123_2

hello,




we are currently applying for a mortgage through skipton.


or timeline is below.




spoken to the valuation company this morning who said they have sent the valuation through to skipton, however when we rang skipton they stated they nothing been update on our files as of yet but should be by this afternoon.


does any one know if they will tell us what the house was valued at??


Date Decision In Principle received02/03/2015Date application received09/03/2015Date Minimum Submission received18/03/2015Date case underwritten18/03/2015Date Valuation instructed24/03/2015Date Valuation expected01/04/2015

betsy123_2

Westv,


that happened to us & im afraid you do go to the back of the queue!

topcat007

betsy123 wrote: »

hello,




we are currently applying for a mortgage through skipton.


or timeline is below.




spoken to the valuation company this morning who said they have sent the valuation through to skipton, however when we rang skipton they stated they nothing been update on our files as of yet but should be by this afternoon.


does any one know if they will tell us what the house was valued at??


Date Decision In Principle received02/03/2015Date application received09/03/2015Date Minimum Submission received18/03/2015Date case underwritten18/03/2015Date Valuation instructed24/03/2015Date Valuation expected01/04/2015

Depends what level you went for?

betsy123_2

sorry what do you mean?


we got a home buyers report done but for our sake.


skipton have received the valuation this morning... will they inform us of the outcome?

mlp

Still waiting for mortgage offer.... apparently they have got problems processing applications at the moment....

betsy123_2

You don't yet have an offer?? And your valuation was done on the 13th!!

That's bad

mlp

Well following the valuation they wanted a wall tie survey - the report was submitted to them on 31st March... they've been twiddling their thumbs since then.

betsy123_2

Ridiculous

kingstreet

Some things are dealt with only by the lender, some by others.

A report requested by the surveyor has to go to the surveyor for assessment.

So the surveyor has to receive the additional report and find the time to assess it and feed back the result to the lender along with carrying out the new valuations the lender has instructed.

As a consequence, it takes longer.

Even allowing for Easter, it should have been assessed and reported back by now.