Santander mortgage timeline

cloudkicker18

peacetrustlove said:

I've done the same. I do not understand how my MA works though as he won't normally respond to my texts or emails. Perhaps he's just tired of me hassling him lol. But he has kept me well informed all throughout the process and has worked efficiently as far as I can make it out. There are still a few hours left today. FIngers crossed and wishing everyone well.

I get that and feel the exact same. I usually have to do the pushing and like you feel like I'm hassling because it's not in my nature and of course I don't know how many clients my broker has along side mine. But on the same note I'm very wary its might look to my vendor not much is happening with our sale. So far I've not had any communication or hassle from the EA (but I am using their broker so perhaps they are going straight to him) but who knows when that pressure starts to be pushed. 

peacetrustlove

cloudkicker18 said:

peacetrustlove said:

I've done the same. I do not understand how my MA works though as he won't normally respond to my texts or emails. Perhaps he's just tired of me hassling him lol. But he has kept me well informed all throughout the process and has worked efficiently as far as I can make it out. There are still a few hours left today. FIngers crossed and wishing everyone well.

I get that and feel the exact same. I usually have to do the pushing and like you feel like I'm hassling because it's not in my nature and of course I don't know how many clients my broker has along side mine. But on the same note I'm very wary its might look to my vendor not much is happening with our sale. So far I've not had any communication or hassle from the EA (but I am using their broker so perhaps they are going straight to him) but who knows when that pressure starts to be pushed. 

Estate agents like it when clients youse their own MA. The MA keeps them in the loop. My vendors weren’t initially happy because their own MA declined to take me on due to my complex finances. But then I found my own MA. Luckily the vendors knew this MA and after having a chat with him, decided to proceed with the transaction. I feel you should be okay if you are using the agent’s MA. 

cloudkicker18

Has anyone else heard any more this PM? 

I've had a little news today... My broker sent me an email just after 5pm this afternoon and while I have not seen a message from Santander just yet, my broker wanted me to let me know they've agreed the mortgage. The glass-half empty side of me isn't cracking open the bubbles just yet until I see something more concrete in writing however I do feel I can relax for the Easter break. 

I only had this news very late this afternoon and I don't doubt others will get there news very soon too. 

031192vy353

cloudkicker18 said:

Has anyone else heard any more this PM? 

I've had a little news today... My broker sent me an email just after 5pm this afternoon and while I have not seen a message from Santander just yet, my broker wanted me to let me know they've agreed the mortgage. The glass-half empty side of me isn't cracking open the bubbles just yet until I see something more concrete in writing however I do feel I can relax for the Easter break. 

I only had this news very late this afternoon and I don't doubt others will get there news very soon too. 

Brilliant news. Congratulations!! Can you post your timeline please. Get the bubbles poured 

cloudkicker18

 031192vy353 said:

Brilliant news. Congratulations!! Can you post your timeline please. Get the bubbles poured 

9/3 - Offer placed on house & accepted
10/3 DIP with Natwest
11/3 Full Application with Natwest.
24/3 Application declined - No reason given (even though been a customer with them for 20+ years) 
25/3 Changed lender to Santander - DIP obtained, Application submitted. Hard and Soft credit searches conducted.
26/3 Further hard and soft searches
1/4 - Mortgage agreed - just waiting formal paperwork etc.

I don't know when during my application Santander did a valuation but I'm being told it was a desktop valuation. 

peacetrustlove

peacetrustlove said:

Just revised the timeline and reformatted it for fellow-mortgage applicants

24/02 DIP

24/02 Experian Soft Check

02/03 Full Application

05/03 Valuation Instructed

11/03 Desktop Valuation 

15/03 Documents Requested

16/03 Documents Submitted by MA

16/03 Experian Hard Check

18/03 Internal Valuation Instructed

23/03 Internal Valuation Completed

25/03 Valuation Report Received
The Waiting Game Continues
30/03 Existing property query. Back to queue. 

31/03 Tax Overview for previous 2 years and 3 months Business Statements requested. Back to queue. 

Hoping we are almost there. 😬

01/04 Personal bank statement for March 2021 requested. Back to underwriters queue  

cloudkicker18

It feels like you're going round in circles. Why don't they ask for all the documents they feel they need to see rather than 1 at a time? It just slows everything right down. 
I really hope things move forward next week I really do. 

031192vy353

peacetrustlove said:

peacetrustlove said:

Just revised the timeline and reformatted it for fellow-mortgage applicants

24/02 DIP

24/02 Experian Soft Check

02/03 Full Application

05/03 Valuation Instructed

11/03 Desktop Valuation 

15/03 Documents Requested

16/03 Documents Submitted by MA

16/03 Experian Hard Check

18/03 Internal Valuation Instructed

23/03 Internal Valuation Completed

25/03 Valuation Report Received
The Waiting Game Continues
30/03 Existing property query. Back to queue. 

31/03 Tax Overview for previous 2 years and 3 months Business Statements requested. Back to queue. 

Hoping we are almost there. 😬

01/04 Personal bank statement for March 2021 requested. Back to underwriters queue  

Are you a joint application? We went back to the queue yesterday after submitting more requested documents 😭 full application went in 17/03

peacetrustlove

cloudkicker18 said:

It feels like you're going round in circles. Why don't they ask for all the documents they feel they need to see rather than 1 at a time? It just slows everything right down. 
I really hope things move forward next week I really do. 

I know mate. It's just endless. There are pecking at my patience bit by bit lol. I'm just going to turn off from this thing for the next 4 days and have a blast. 

peacetrustlove

031192vy353 said:

peacetrustlove said:

peacetrustlove said:

Just revised the timeline and reformatted it for fellow-mortgage applicants

24/02 DIP

24/02 Experian Soft Check

02/03 Full Application

05/03 Valuation Instructed

11/03 Desktop Valuation 

15/03 Documents Requested

16/03 Documents Submitted by MA

16/03 Experian Hard Check

18/03 Internal Valuation Instructed

23/03 Internal Valuation Completed

25/03 Valuation Report Received
The Waiting Game Continues
30/03 Existing property query. Back to queue. 

31/03 Tax Overview for previous 2 years and 3 months Business Statements requested. Back to queue. 

Hoping we are almost there. 😬

01/04 Personal bank statement for March 2021 requested. Back to underwriters queue  

Are you a joint application? We went back to the queue yesterday after submitting more requested documents 😭 full application went in 17/03

Yes, it is a joint application. Me & the missus.