Santander mortgage timeline

Keefe93

Morning all, sorry to bring the mood down today but we've been told our mortgage has been declined. My wife is SE and was forced to close during the 2nd lockdown which is what they have based the decision on. Has anyone faced this before and know if we have a chance at an appeal? Now she has re opened and is busier than ever and with todays news of a vaccine hopefully that is the end of lockdowns? 

85c

Keefe93 said:

Morning all, sorry to bring the mood down today but we've been told our mortgage has been declined. My wife is SE and was forced to close during the 2nd lockdown which is what they have based the decision on. Has anyone faced this before and know if we have a chance at an appeal? Now she has re opened and is busier than ever and with todays news of a vaccine hopefully that is the end of lockdowns? 

Oh no I’m so sorry, did you shut the 1st lock down? 

Keefe93

85c said:

Keefe93 said:

Morning all, sorry to bring the mood down today but we've been told our mortgage has been declined. My wife is SE and was forced to close during the 2nd lockdown which is what they have based the decision on. Has anyone faced this before and know if we have a chance at an appeal? Now she has re opened and is busier than ever and with todays news of a vaccine hopefully that is the end of lockdowns? 

Oh no I’m so sorry, did you shut the 1st lock down? 

Yeah shut for both lockdowns as she is a hairdresser. We showed that after the first lockdown the business was open and consistently performing better than the previous year, plus it looks like the same trend for December and January. 

85c

Keefe93 said:

85c said:

Keefe93 said:

Morning all, sorry to bring the mood down today but we've been told our mortgage has been declined. My wife is SE and was forced to close during the 2nd lockdown which is what they have based the decision on. Has anyone faced this before and know if we have a chance at an appeal? Now she has re opened and is busier than ever and with todays news of a vaccine hopefully that is the end of lockdowns? 

Oh no I’m so sorry, did you shut the 1st lock down? 

Yeah shut for both lockdowns as she is a hairdresser. We showed that after the first lockdown the business was open and consistently performing better than the previous year, plus it looks like the same trend for December and January. 

Oh no, can your MB appeal? Everyone knows how busy hair dresses are.?

Keefe93

85c said:

Keefe93 said:

85c said:

Keefe93 said:

Morning all, sorry to bring the mood down today but we've been told our mortgage has been declined. My wife is SE and was forced to close during the 2nd lockdown which is what they have based the decision on. Has anyone faced this before and know if we have a chance at an appeal? Now she has re opened and is busier than ever and with todays news of a vaccine hopefully that is the end of lockdowns? 

Oh no I’m so sorry, did you shut the 1st lock down? 

Yeah shut for both lockdowns as she is a hairdresser. We showed that after the first lockdown the business was open and consistently performing better than the previous year, plus it looks like the same trend for December and January. 

Oh no, can your MB appeal? Everyone knows how busy hair dresses are.?

We've asked our MB to appeal for us. Just need to get all the future projections together. of course this would happen on my wife's first day back when she's super busy! 

85c

Keefe93 said:

85c said:

Keefe93 said:

85c said:

Keefe93 said:

Morning all, sorry to bring the mood down today but we've been told our mortgage has been declined. My wife is SE and was forced to close during the 2nd lockdown which is what they have based the decision on. Has anyone faced this before and know if we have a chance at an appeal? Now she has re opened and is busier than ever and with todays news of a vaccine hopefully that is the end of lockdowns? 

Oh no I’m so sorry, did you shut the 1st lock down? 

Yeah shut for both lockdowns as she is a hairdresser. We showed that after the first lockdown the business was open and consistently performing better than the previous year, plus it looks like the same trend for December and January. 

Oh no, can your MB appeal? Everyone knows how busy hair dresses are.?

We've asked our MB to appeal for us. Just need to get all the future projections together. of course this would happen on my wife's first day back when she's super busy! 

It’s awful, everyone knows hair dresses will be booming. 

Katemb94

I can't believe it!!!
There is hope for us all!
Applied 10/11
Valuation 16/11
Full offer 2/12
I am employed but on maternity leave my husband ltd company and used latest years accounts

85c

Katemb94 said:

I can't believe it!!!
There is hope for us all!
Applied 10/11
Valuation 16/11
Full offer 2/12
I am employed but on maternity leave my husband ltd company and used latest years accounts

Huge congratulations x

Ftbohrob

First post on here 👋🏻 

Just wondered if anyone can answer my question. 

When the valuation is done, if they down value the house or if any issues with valuation do they tell you straight away? Or does it wait until application has got to underwriters for us to find out? 

Valuation has been done, now in underwriters queue, just wondering if that means the valuation was satisfactory or whether we wouldn’t find out until it got to underwriters. 

We are using a MB so amount of info I can get is limited without asking MB loads of questions. 

Thanks  

Italian_stallion

hello
we are both employed!!  LTV 80%     first time buyer  but  NOT HTB!!
24/10 application submitted 
29/10 They asked  few questions, my Broker replied the same day 
24/11 other documents requested

02/12 offer issued !!!