Santander mortgage timeline

yousnorkmaiden

Our sellers are getting antsy now - not sure what planet they're on, given they only accepted our offer 10 days ago and we applied the same day. 
MB has told us they've satisfied all of our income and docs, and have the valuation and we're now waiting for this mystical mortgage centre. Had a good feeling when I woke up today, now I'm just stressed again. 

85c

85c said:

MonaChiu said:

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.

Congratulations! Are you both SE?

Are you 1 company do you work together?

Meh123

yousnorkmaiden said:

Our sellers are getting antsy now - not sure what planet they're on, given they only accepted our offer 10 days ago and we applied the same day. 
MB has told us they've satisfied all of our income and docs, and have the valuation and we're now waiting for this mystical mortgage centre. Had a good feeling when I woke up today, now I'm just stressed again. 

Your sellers need to take a breathe 😂 our offer was accepted on the 14th October and we applied on the 17th October and ours hasn’t been dealt with yet!!  I’m sure that the ‘mortgage centre’ is somewhere you go when your subject to valuation or something like that, I really do think you’re close to being done!

yousnorkmaiden

I know right! We had their EA on the phone today asking us if there was anything she could do - they're a big agent as well so they must know all lenders are swamped! He hasn't said we are in it, he's said that's the next step. 
In my job, I'm the one who sorts out the problems and chases people to get sh*t done - it's just killing me that I can't just take control! G&T time I think!

pinklady3333

It’s still on the 19th!!!!  I feel like not much progress happens on a Friday! Maybe a lot of the underwriters are part time which is why there is a spurt mid week! 

You can see I am thinking about this a lot!!! 

mowgliisaG

pinklady3333 said:

It’s still on the 19th!!!!  I feel like not much progress happens on a Friday! Maybe a lot of the underwriters are part time which is why there is a spurt mid week! 

You can see I am thinking about this a lot!!! 

My MB said they are working Saturdays but not sure of Sunday’s 

MonaChiu

85c said:

85c said:

MonaChiu said:

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.

Congratulations! Are you both SE?

Are you 1 company do you work together?

No, we both have separate companies. Now will be waiting while Sols will get an offer papers and ATE from HTB.

85c

MonaChiu said:

85c said:

85c said:

MonaChiu said:

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.

Congratulations! Are you both SE?

Are you 1 company do you work together?

No, we both have separate companies. Now will be waiting while Sols will get an offer papers and ATE from HTB.

What’s Sols and ATE? 

Meh123

Sols is just short for solicitors 👍🏻

mowgliisaG

Meh123 said:

Sols is just short for solicitors 👍🏻

And ATE is authority to exchange (for help to buy equity loan)