Santander mortgage timeline

Bob456

031192vy353 said:

15/03 dip approved 103,600

17/03 Santander received full application

18/03 Documents requested

18/03 Valuation instructed for 23/03

22/03 underwriters

22/03 more documents requested

23/03 Valuation completed

This is my timeline so far. Waiting on one more document which I will have by Monday to send them and hoping that's all. Has anyone had the underwriters come back more than once? Me and my partner applying for first mortgage 90% and application went to underwriters and they sent back 4 or 5 requests for me and only 2 for my partner. Could they request more? So nervous!!! 

It’s depends if you both employed or self employed, they may ask as much as they can until they satisfy.

031192vy353

We are both employed full time although he is on furlough. They are seem to be asking more from me but just wondering because our last request was for 6 or 7 documents do you think they'd ask for more. Our valuation was completed yesterday, just waiting on our approval

Bob456

031192vy353 said:

We are both employed full time although he is on furlough. They are seem to be asking more from me but just wondering because our last request was for 6 or 7 documents do you think they'd ask for more. Our valuation was completed yesterday, just waiting on our approval

Maybe they ask for furlough situation, if company will take him back after furlough? 

They may ask letter from employer that after furlough he will resume his work as usual.

peacetrustlove

Our valuation was done yesterday. Waiting anxiously now. No text or email yet. No word from the MA. 

031192vy353

peacetrustlove said:

Our valuation was done yesterday. Waiting anxiously now. No text or email yet. No word from the MA. 

Our Valuation was done yesterday too, ma said it could take a couple of days to be processed as it hadn't shown on her screen yet when she checked the progress. Have you been given your mortgage offer yet? 

peacetrustlove

031192vy353 said:

peacetrustlove said:

Our valuation was done yesterday. Waiting anxiously now. No text or email yet. No word from the MA. 

Our Valuation was done yesterday too, ma said it could take a couple of days to be processed as it hadn't shown on her screen yet when she checked the progress. Have you been given your mortgage offer yet? 

Nothing yet mate. No offer, no confirmation and MA isn’t responding as usual 😂😂😂

031192vy353

peacetrustlove said:

031192vy353 said:

peacetrustlove said:

Our valuation was done yesterday. Waiting anxiously now. No text or email yet. No word from the MA. 

Our Valuation was done yesterday too, ma said it could take a couple of days to be processed as it hadn't shown on her screen yet when she checked the progress. Have you been given your mortgage offer yet? 

Nothing yet mate. No offer, no confirmation and MA isn’t responding as usual 😂😂😂

We only submitted our full application last Wednesday 17th so technically only been 7 days so it's been quite quick so far. Ma has been brilliant. Just nervous at underwriting stage with what more they're going to ask for. Hopefully we hear more tomorrow re valuation. 

peacetrustlove

031192vy353 said:

peacetrustlove said:

031192vy353 said:

peacetrustlove said:

Our valuation was done yesterday. Waiting anxiously now. No text or email yet. No word from the MA. 

Our Valuation was done yesterday too, ma said it could take a couple of days to be processed as it hadn't shown on her screen yet when she checked the progress. Have you been given your mortgage offer yet? 

Nothing yet mate. No offer, no confirmation and MA isn’t responding as usual 😂😂😂

We only submitted our full application last Wednesday 17th so technically only been 7 days so it's been quite quick so far. Ma has been brilliant. Just nervous at underwriting stage with what more they're going to ask for. Hopefully we hear more tomorrow re valuation. 

This is not my first mortgage, yet I’m nervous lol. They won’t order a valuation unless they think they can lend you the money. You’ll be alright mate. Good luck

031192vy353

Bob456 said:

Our timeline 

AIP & Full application submitted – 5/11/20

Valuation instructed 5/11/20

 Underwriter Queue 5/11/20

 Information/Doc Requested 9/11/20

 Back to Underwriter Queue 9/11/20

 More Information/Doc Requested 11/11/20

 Back to Underwriter Queue 13/11/20

 Valuation Received 13/11/20

 More Information/Doc Requested 10/12/20

 Back to Underwriter Queue 18/12/20

 More Information/Doc Requested 8/01/21

 Back to Underwriter Queue 12/01/21

 More Information/Doc Requested 20/01/21

 Back to Underwriter Queue 27/01/21

 Mortgage offer Issued 02/02/21

 Initial Exchange 26/2

 Completion delayed 10 days due to vendor’s packers & mover’s non-availability. Completing next week. 

You seemed to have a few requested documents. Are you self employed or employed, on furlough. Or why did they keep coming back and forward asking for more documents each time

peacetrustlove

peacetrustlove said:

peacetrustlove said:

I'm applying for a new mortgage after 14 years. I didn't imagine it would be so nerve-wracking. Here's our current progress. We are applying via MB  

• DIP 24/02/2021
• Full Application 02/03/2021
• Valuation Instructed 05/03/2021
• Desktop Valuation 11/03/2021
• Documents Requested 15/03/2021

I am self-employed and I have a slightly complex financial structure. Will keep you folks posted on the progress.

16/03 More Information Submitted 

16/03 Experian Hard Credit Check
18/03 Internal Valuation Ordered
22/03 Surveyors Appointment 

23/03 Survery Completed
25/03 Valuation Received By Santander. MA advised final assessment will take 48 hours.