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Changing Property on offer. Received application withdrawn letter?

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I’ve received a letter dated 19th, quoting my new property as a reference. It states further to your recent instructions to withdraw your mortgage application we have closed your file. Lette is dated a day after underwriter confirmed to mortgage broke they were still happy to lend to me pending valuation on new property. Mortgage broker confirmed to me on 24/7 that valuation has been instructed for 1/8. I’m a little bit confused. Do you think they have closed down the original application for the old property and put the wrong property reference on this letter? I doubt they would continue with a valuation for a closed file would they? So I am hoping there is still an open file. Mortgage is with Santander and original mortgage offer was issued 6/6 on the first property. Does this seem like a standard procedure for a change of property and they just put wrong address as ref? I have emailed broker but it’s now the weekend.

Comments

  • amnblog
    amnblog Posts: 12,727 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    When applications alter, Santander will tend to put a suffix on the case number such as

    AA2345678C1

    So the new number may look like the old one.

    Lenders are masters of misinformation in their updates to borrowers. It is something that we Brokers are battling with and contractdicting daily.

    I would not worry, expect your Broker to confirm all is OK.
    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.
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