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Santander Mortgage Application Timeline
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kellaree
Posts: 119 Forumite
Some timeline information that I will update for anyone else applying with Santander.
02/09 - AIP Offered for 85% LTV on £210,000 property - affordability for over £350k...
11/09 - Offer accepted on new property for £230,000.
23/09 - Full Application submitted by Broker.
02/09 - AIP Offered for 85% LTV on £210,000 property - affordability for over £350k...
11/09 - Offer accepted on new property for £230,000.
23/09 - Full Application submitted by Broker.
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Comments
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One would expect offered subject to survey tomorrow.
Perhaps even fully offered if they do a desk top valuation.I am a Mortgage Adviser
You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.0 -
Just done a Santander application myself and checked the service timetable, seems they have slowed slightly in the last couple of weeks.
Maybe today is a bit soon to expect new on your application, I'd give it until Friday. Still amazingly quick in the grand scheme of thingsI am a Mortgage Adviser
You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.0 -
Timeline update....
02/09 - AIP Offered for 85% LTV on £210,000 property - affordability for over £350k...
11/09 - Offer accepted on new property for £230,000.
23/09 - Full Application submitted by Broker.
01/10 - Official Mortgage offer received for the amount requested after the satisfactory valuation a few days before:D
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