Santander mortgage timeline

Monik2510a

Anyone had any news today?

prozac321

85c said:

prozac321 said:

 85c said:

When you submit new paperwork (se) how long does it usually take befor you have an update, we are 6 weeks in today. Estate agent keeps ringing being pretty horrible that we don’t have mortgage yet. Although we are still waiting on a search on the house we are buying so couldn’t exchange anyway. Was feeling ok but now anxiety levels through the roof thanks to EA. 

Totally unacceptable for the estate agent to pressure you like that. They all know that the banks are taking longer to process applications.
For anyone who has had their mortgage sorted, how long is the wait from when the underwriter starts looking at the case to receiving an offer? ( if they do not ask more questions). I'm in the queue for the underwriters to have a look on the 12th ( so yday and today according to the status page)  but not sure if i should chase my broker when it hits the 13th or wait longer

Definitely chase. It won’t do any harm! 

Just did, no luck yet. He said they not had a reply yet .  I was hoping for a ping from my credit ref agencies saying check done- although not sure how quickly that updates.

Meh123

prozac321 said:

Just did, no luck yet. He said they not had a reply yet .  I was hoping for a ping from my credit ref agencies saying check done- although not sure how quickly that updates.

Randomly I’ve just got off the phone to my MB speaking about credit checks at UW stage....(I’ve had fraud on mine in the past and had a last minute panic thinking what if it happens again before the UWs look 😅).
Anyway, he said they don’t always pull the credit report again. Asked him how he knew and he said they’re constantly dealing with sending proof that loans/credit cards have been paid as the UW is using the credit check generated when the application went in and most of them at the moment are 2 months out of date!! So if you’ve already had a hard check (mine shows on Experian) then chances are you won’t 100% have another one.

Fionaanne141

Spoke with my mortgage broker. Applied 19th October, employed, and was requested more details on October 27th. She said she expects a response from them on November 30th give or take a day either side 

Meh123

Fionaanne141 said:

Spoke with my mortgage broker. Applied 19th October, employed, and was requested more details on October 27th. She said she expects a response from them on October 30th give or take a day either side 

November?! Hahaha. You and months are dangerous 😂😂 ps. We’re on literally the same timeline!!! 

mowgliisaG

Fionaanne141 said:

Spoke with my mortgage broker. Applied 19th October, employed, and was requested more details on October 27th. She said she expects a response from them on October 30th give or take a day either side 

That’s a long time for employed?? 

Fionaanne141

mowgliisaG said:

Fionaanne141 said:

Spoke with my mortgage broker. Applied 19th October, employed, and was requested more details on October 27th. She said she expects a response from them on October 30th give or take a day either side 

That’s a long time for employed?? 

Possibly added to the complicated queue as I have an additional income from a trust fund from my late husbands estate 

Fionaanne141

Meh123 said:

Fionaanne141 said:

Spoke with my mortgage broker. Applied 19th October, employed, and was requested more details on October 27th. She said she expects a response from them on October 30th give or take a day either side 

November?! Hahaha. You and months are dangerous 😂😂 ps. We’re on literally the same timeline!!! 

Hahahaha!!! I’m never going to get the dates right am I 😂😂 

mowgliisaG

Fionaanne141 said:

mowgliisaG said:

Fionaanne141 said:

Spoke with my mortgage broker. Applied 19th October, employed, and was requested more details on October 27th. She said she expects a response from them on October 30th give or take a day either side 

That’s a long time for employed?? 

Possibly added to the complicated queue as I have an additional income from a trust fund from my late husbands estate 

Would make sense...I assume you joined UW queue on 27th

BigD74

Fionaanne141 said:

mowgliisaG said:

Fionaanne141 said:

Spoke with my mortgage broker. Applied 19th October, employed, and was requested more details on October 27th. She said she expects a response from them on October 30th give or take a day either side 

That’s a long time for employed?? 

Possibly added to the complicated queue as I have an additional income from a trust fund from my late husbands estate 

It may not be the complicated queue - we applied 15/10, query on 28/10 and nothing since. MB told us on 5/11 that we could expect an offer “any day now”. Both employed, not furloughed, 75% LTV and 20% HTB.