Santander mortgage timeline

85c

After 9 weeks, we’ve been declined, they said our ltd company hasn’t been trading long enough, it’s been trading for 2 yrs before that we were a sol trader and submitted that. MB said Santander business manager was shocked and is appealing but I have no hope. 

fastbs

85c said:

After 9 weeks, we’ve been declined, they said our ltd company hasn’t been trading long enough, it’s been trading for 2 yrs before that we were a sol trader and submitted that. MB said Santander business manager was shocked and is appealing but I have no hope. 

Oh my gosh, I’m so sorry to hear that, it’s awful! I hope the appeal is successful! That is so awful, especially after a 9 week wait! 

mowgliisaG

85c said:

After 9 weeks, we’ve been declined, they said our ltd company hasn’t been trading long enough, it’s been trading for 2 yrs before that we were a sol trader and submitted that. MB said Santander business manager was shocked and is appealing but I have no hope. 

Whatttt!!!! This is ridiculous, surely they would have known you have been LTD for two years when you applied. Also youve grown throughout Covid so that should give them confidence. It’s craziness!!!

fastbs

mowgliisaG said:

85c said:

After 9 weeks, we’ve been declined, they said our ltd company hasn’t been trading long enough, it’s been trading for 2 yrs before that we were a sol trader and submitted that. MB said Santander business manager was shocked and is appealing but I have no hope. 

Whatttt!!!! This is ridiculous, surely they would have known you have been LTD for two years when you applied. Also youve grown throughout Covid so that should give them confidence. It’s craziness!!!

Have you had your text through yet @mowgliisaG ?

mowgliisaG

fastbs said:

mowgliisaG said:

85c said:

After 9 weeks, we’ve been declined, they said our ltd company hasn’t been trading long enough, it’s been trading for 2 yrs before that we were a sol trader and submitted that. MB said Santander business manager was shocked and is appealing but I have no hope. 

Whatttt!!!! This is ridiculous, surely they would have known you have been LTD for two years when you applied. Also youve grown throughout Covid so that should give them confidence. It’s craziness!!!

Have you had your text through yet @mowgliisaG ?

Just got it 12 minutes ago 😀😀😀 xx

NatNat77

Oh no 85c I'm so sorry! I can't believe it took them so long to tell you that either, if that's one of their requirements it should be made clear from the start. You must be so fed up x

fastbs

mowgliisaG said:

fastbs said:

mowgliisaG said:

85c said:

After 9 weeks, we’ve been declined, they said our ltd company hasn’t been trading long enough, it’s been trading for 2 yrs before that we were a sol trader and submitted that. MB said Santander business manager was shocked and is appealing but I have no hope. 

Whatttt!!!! This is ridiculous, surely they would have known you have been LTD for two years when you applied. Also youve grown throughout Covid so that should give them confidence. It’s craziness!!!

Have you had your text through yet @mowgliisaG ?

Just got it 12 minutes ago 😀😀😀 xx

Yesss! fantastic, congratulations xx

85c

That’s what we said, the Santander business manager said she doesn’t know why they turned it down which is why she’s appealing. 

fastbs

85c said:

That’s what we said, the Santander business manager said she doesn’t know why they turned it down which is why she’s appealing. 

It’s good to know someone from Santander is on your side, that must have some power behind it x

Meh123

85c said:

After 9 weeks, we’ve been declined, they said our ltd company hasn’t been trading long enough, it’s been trading for 2 yrs before that we were a sol trader and submitted that. MB said Santander business manager was shocked and is appealing but I have no hope. 

It’s just a horrible situation. Nothing was hidden from them, they knew all this at the start. SE are just taking an absolute kicking, I stand by what I’ve said before, any business that has survived this year is a strong viable business regardless of age. Hugs xx