Santander mortgage timeline

Katemb94

My friend applied on 6/11 75% LTV and help to buy
1 SE the other employed just had their offer through! There is hope for us all 

Monik2510a

I'm wishing you all good luck today 🍀

Meh123

Monik2510a said:

I'm wishing you all good luck today 🍀

@mowgliisaG is waiting on the 20th so fingers crossed they hit it nice and early on in the day 👌🏻

mowgliisaG

Meh123 said:

Monik2510a said:

I'm wishing you all good luck today 🍀

@mowgliisaG is waiting on the 20th so fingers crossed they hit it nice and early on in the day 👌🏻

 🤞🏽 

Meh123

mowgliisaG said:

Meh123 said:

Monik2510a said:

I'm wishing you all good luck today 🍀

@mowgliisaG is waiting on the 20th so fingers crossed they hit it nice and early on in the day 👌🏻

 🤞🏽 

After weeks of waiting the end finally feels close doesn’t it?! It’s a mix of excitement and pure terror for me.....but I want to know 😅 hope you get an update today, I’ve been stalking the website but it hasn’t moved since 8:30 this morning....hopefully when it does update it’ll be on the 20th for you!! 

beebop1

beebop1 said:

my 2 cents worth
Both of are SE.. not affected by covid
13/10 full app via MB
13/10 hard search
13/10 valuation booked straight away
23/10 request personal bank statements
3/11 physical valuation as desktop not possible
....waiting

when it says 35 days average time to offer, I am assuming it is working days? meaning 7 weeks!

Bit of a blow.. MB confirms santander said I am still 11 days behind in the queue ... must be an extra complex queue!!

Meh123

beebop1 said:

beebop1 said:

my 2 cents worth
Both of are SE.. not affected by covid
13/10 full app via MB
13/10 hard search
13/10 valuation booked straight away
23/10 request personal bank statements
3/11 physical valuation as desktop not possible
....waiting

when it says 35 days average time to offer, I am assuming it is working days? meaning 7 weeks!

Bit of a blow.. MB confirms santander said I am still 11 days behind in the queue ... must be an extra complex queue!!

How annoying!! Maybe it’s because they needed extra docs before you could be put in the UW Queue, we applied on 17th and they received it on the 18th and joined UW Q On the 26th, but they didn’t ask for any extra documents thankfully.
hopefully it’ll go quickly, they’ve actually been making progress for once!!

Daisyy8

85c said:

Daisyy8 said:

mowgliisaG said:

Daisyy8 said:

Our offer went in on the 5th and today and broker called to say they had approved the offer! Just waiting for proper work to be sent out! It felt like the longest wait but worth it in the end

Congrats Daisy, 5th oct or Nov?? Your both employed or SE?

5th October! So it’s been almost 7 weeks. I am employed but OH is self employed so we had to give extra info a few times! 

We went in on the 1/10, we are both se though, what info did they ask u for? 

I was asked for additional payslips just before offer was issued. For my boyfriend we had to send a letter from his accountant and a series of questions which we had to write our own answers for about how Covid affects business etc.

Daisyy8

mowgliisaG said:

Daisyy8 said:

mowgliisaG said:

Daisyy8 said:

Our offer went in on the 5th and today and broker called to say they had approved the offer! Just waiting for proper work to be sent out! It felt like the longest wait but worth it in the end

Congrats Daisy, 5th oct or Nov?? Your both employed or SE?

5th October! So it’s been almost 7 weeks. I am employed but OH is self employed so we had to give extra info a few times! 

What info was needed daisy? What was your LTV and sole trader or ltd? Sorry for all the questions...feel it helps all those on group as many are SE x

They asked how covid has affected business, will turnover be affected next year etc. We also sent a letter from accountant. He is a sole trader and its 85% LTV. Thats okay i dont mind i have been reading all the answers on this page waiting for my offer!! x

MonaChiu

Hi all, was reading here for a while and decided to give our time line, maybe that would help for somebody here.
06/10 submitted application
12/10 valuations instructed
16/10 joint UW queue
19/11 received an offer
Both SE with ltd, my partner was furloughed during 1st lockdown, I was working, no additional information was requested from us.