We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Rough time to offer?
Rob_Robertson
Posts: 10 Forumite
Been on an epic journey with Santander, and it's just taken forever, first case - broker error on evidence, but we had two credit searches because first failed on affordability(?) then we added my wife's wage on and it went through.... The first took forever to get things in due to requests etc. So we then were reapplied and they cross referenced it all (valuation etc).
Now been on the journey, were turned down then added more deposit and we were accepted. Hurrah!
Then the broker changed our product due to our lower LTV and they then credit checked again (3 times for one mortgage?) and approved there but they hadn't transferred the valuation over... So that had to be then requested (again) to come across, and now it's with the underwriter for the final bit, again....
How long does it take now to produce the offer? We know the valuation is ok etc as broker told me, it's a bit frustrating this delay - we found out last Weds they'd approved it. Taking forever (and credit checks on the way too)...
Now been on the journey, were turned down then added more deposit and we were accepted. Hurrah!
Then the broker changed our product due to our lower LTV and they then credit checked again (3 times for one mortgage?) and approved there but they hadn't transferred the valuation over... So that had to be then requested (again) to come across, and now it's with the underwriter for the final bit, again....
How long does it take now to produce the offer? We know the valuation is ok etc as broker told me, it's a bit frustrating this delay - we found out last Weds they'd approved it. Taking forever (and credit checks on the way too)...
0
Comments
-
They normally issue offer immediately when they are happy with everything.I am a Mortgage Broker
You should note that this site doesn't check my status as a Mortgage Broker, 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 -
We've been waiting couple of week though, after we've been advised that final checks need to be done.***Twins mummy***0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 353.8K Banking & Borrowing
- 254.3K Reduce Debt & Boost Income
- 455.2K Spending & Discounts
- 246.9K Work, Benefits & Business
- 603.4K Mortgages, Homes & Bills
- 178.2K Life & Family
- 260.9K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards