Santander mortgage timeline

FtbEmz

031192vy353 said:

FtbEmz said:

Ah! Valuation was brought forward from the 26th to today and our mortgage broker has just called to say it’s been approved and it’s on its way to our solicitors! So excited!!

Congratulations brilliant news. What's your timeline been then

Thank you! Timeline as follows:

26/03 property viewed and offer made
31/03 offer accepted
01/04 conveyancing solicitor quote accepted
07/04 mortgage in principle agreed
08/04 mortgage application submitted in full
13/04 mortgage agreed subject to valuation 
22/04 valuation complete & mortgage approved 

Capri84

FtbEmz said:

031192vy353 said:

FtbEmz said:

Ah! Valuation was brought forward from the 26th to today and our mortgage broker has just called to say it’s been approved and it’s on its way to our solicitors! So excited!!

Congratulations brilliant news. What's your timeline been then

Thank you! Timeline as follows:

26/03 property viewed and offer made
31/03 offer accepted
01/04 conveyancing solicitor quote accepted
07/04 mortgage in principle agreed
08/04 mortgage application submitted in full
13/04 mortgage agreed subject to valuation 
22/04 valuation complete & mortgage approved 

And what’s the entry date? Great news

FtbEmz

Capri84 said:

FtbEmz said:

031192vy353 said:

FtbEmz said:

Ah! Valuation was brought forward from the 26th to today and our mortgage broker has just called to say it’s been approved and it’s on its way to our solicitors! So excited!!

Congratulations brilliant news. What's your timeline been then

Thank you! Timeline as follows:

26/03 property viewed and offer made
31/03 offer accepted
01/04 conveyancing solicitor quote accepted
07/04 mortgage in principle agreed
08/04 mortgage application submitted in full
13/04 mortgage agreed subject to valuation 
22/04 valuation complete & mortgage approved 

And what’s the entry date? Great news

Entry date?

Cookie211

031192vy353 said:

Cookie211 said:

ubayd95 said:

Hi all,

Interesting thread, so many mixed processes going on.

I had to change the property I was initially going for as the EWS1 came back as B2 and no bank will lend on such.

I had my mortgage broker change the property via a substitute property form on the 13th of April (a week today).

Yesterday I was told the case was back at underwriters due to increases borrowing (10,000 extra).

Does anyone know how long they will take to agree it all and instruct the survey?

Hi sorry I don’t know but we are going through a similar situation, our seller pulled out and there is no houses available with our mortgage agreement,we have a viewing tonight but it’s a extra £40,000, if we fall in love with the house then we will have to go bk to the underwriters to see if they would lend us the extra, can’t believe how fast houses are selling and going way over the asking price 

Any luck yet with you guys finding a house?
I finally got the payslip I've been waiting on for 2 weeks, so waiting for it to be assessed then case will be reopened 🙏

No everyone is on a bidding war 😭😭😭 theres hardy any houses available but there is one on the market coming the weekend and again I have first viewing but don’t mean nothing 😭😭😭 good luck fingers crossed for u 

Cookie211

ubayd95 said:

Cookie211 said:

ubayd95 said:

Hi all,

Interesting thread, so many mixed processes going on.

I had to change the property I was initially going for as the EWS1 came back as B2 and no bank will lend on such.

I had my mortgage broker change the property via a substitute property form on the 13th of April (a week today).

Yesterday I was told the case was back at underwriters due to increases borrowing (10,000 extra).

Does anyone know how long they will take to agree it all and instruct the survey?

Hi sorry I don’t know but we are going through a similar situation, our seller pulled out and there is no houses available with our mortgage agreement,we have a viewing tonight but it’s a extra £40,000, if we fall in love with the house then we will have to go bk to the underwriters to see if they would lend us the extra, can’t believe how fast houses are selling and going way over the asking price 

Hi, 

I kind of know how that feels. My underwriting was done the first time round and everything checked out. Santander agreed to lend, but due to the fire safety I had to pull out.

I got hold of my MBs assistant today as he is off, and was told we should hear something tomorrow as it's been on the underwriters desk since Monday.

Guide price on the flat was 250-275k, I've gone in at 275k cause I really want it and have already wasted 3 months on the last property. I hope it doesn't get down valued for when it comes to the survey.

But speaking a lot of people, they have mentioned this should be fine. Property was recently decorated, with a nice bathroom and new carpets throughout.

Sounds like u will be ok, we have another viewing soon as the house isn’t on market yet but we have first viewing but don’t mean anything as it’s like a bidding war out there lol if we like I will put the full asking price in so fingers crossed for us all 

Cookie211

FtbEmz said:

Ah! Valuation was brought forward from the 26th to today and our mortgage broker has just called to say it’s been approved and it’s on its way to our solicitors! So excited!!

Congratulations 🥳 

ubayd95

Cookie211 said:

ubayd95 said:

Cookie211 said:

ubayd95 said:

Hi all,

Interesting thread, so many mixed processes going on.

I had to change the property I was initially going for as the EWS1 came back as B2 and no bank will lend on such.

I had my mortgage broker change the property via a substitute property form on the 13th of April (a week today).

Yesterday I was told the case was back at underwriters due to increases borrowing (10,000 extra).

Does anyone know how long they will take to agree it all and instruct the survey?

Hi sorry I don’t know but we are going through a similar situation, our seller pulled out and there is no houses available with our mortgage agreement,we have a viewing tonight but it’s a extra £40,000, if we fall in love with the house then we will have to go bk to the underwriters to see if they would lend us the extra, can’t believe how fast houses are selling and going way over the asking price 

Hi, 

I kind of know how that feels. My underwriting was done the first time round and everything checked out. Santander agreed to lend, but due to the fire safety I had to pull out.

I got hold of my MBs assistant today as he is off, and was told we should hear something tomorrow as it's been on the underwriters desk since Monday.

Guide price on the flat was 250-275k, I've gone in at 275k cause I really want it and have already wasted 3 months on the last property. I hope it doesn't get down valued for when it comes to the survey.

But speaking a lot of people, they have mentioned this should be fine. Property was recently decorated, with a nice bathroom and new carpets throughout.

Sounds like u will be ok, we have another viewing soon as the house isn’t on market yet but we have first viewing but don’t mean anything as it’s like a bidding war out there lol if we like I will put the full asking price in so fingers crossed for us all 

I have no clue, Santander seem really slow at the moment - on their service levels it's gone from 2 days to 3 days. I still haven't heard anything. 

The estate agent I'm dealing with doesn't take the property off the market until their is a mortgage offer so anyone's game really. But the advantage I have is they have dealt with my broker in the past as the two EAs are couple doors away from each other. 

I feel like I need to hear something sooner, before the vendor starts getting worried. 

My mortgage broker went back to Santander at 2:45pm on the 20th with a query they had but still nothing ...

Cookie211

ubayd95 said:

Cookie211 said:

ubayd95 said:

Cookie211 said:

ubayd95 said:

Hi all,

Interesting thread, so many mixed processes going on.

I had to change the property I was initially going for as the EWS1 came back as B2 and no bank will lend on such.

I had my mortgage broker change the property via a substitute property form on the 13th of April (a week today).

Yesterday I was told the case was back at underwriters due to increases borrowing (10,000 extra).

Does anyone know how long they will take to agree it all and instruct the survey?

Hi sorry I don’t know but we are going through a similar situation, our seller pulled out and there is no houses available with our mortgage agreement,we have a viewing tonight but it’s a extra £40,000, if we fall in love with the house then we will have to go bk to the underwriters to see if they would lend us the extra, can’t believe how fast houses are selling and going way over the asking price 

Hi, 

I kind of know how that feels. My underwriting was done the first time round and everything checked out. Santander agreed to lend, but due to the fire safety I had to pull out.

I got hold of my MBs assistant today as he is off, and was told we should hear something tomorrow as it's been on the underwriters desk since Monday.

Guide price on the flat was 250-275k, I've gone in at 275k cause I really want it and have already wasted 3 months on the last property. I hope it doesn't get down valued for when it comes to the survey.

But speaking a lot of people, they have mentioned this should be fine. Property was recently decorated, with a nice bathroom and new carpets throughout.

Sounds like u will be ok, we have another viewing soon as the house isn’t on market yet but we have first viewing but don’t mean anything as it’s like a bidding war out there lol if we like I will put the full asking price in so fingers crossed for us all 

I have no clue, Santander seem really slow at the moment - on their service levels it's gone from 2 days to 3 days. I still haven't heard anything. 

The estate agent I'm dealing with doesn't take the property off the market until their is a mortgage offer so anyone's game really. But the advantage I have is they have dealt with my broker in the past as the two EAs are couple doors away from each other. 

I feel like I need to hear something sooner, before the vendor starts getting worried. 

My mortgage broker went back to Santander at 2:45pm on the 20th with a query they had but still nothing ...

Fingers crossed u hear something, I heard at 5.15pm so there still time today, strange how they won’t take it off market until u have the full mortgage, got everything crossed for u 

funky1471

ubayd95 said:

Cookie211 said:

ubayd95 said:

Cookie211 said:

ubayd95 said:

Hi all,

Interesting thread, so many mixed processes going on.

I had to change the property I was initially going for as the EWS1 came back as B2 and no bank will lend on such.

I had my mortgage broker change the property via a substitute property form on the 13th of April (a week today).

Yesterday I was told the case was back at underwriters due to increases borrowing (10,000 extra).

Does anyone know how long they will take to agree it all and instruct the survey?

Hi sorry I don’t know but we are going through a similar situation, our seller pulled out and there is no houses available with our mortgage agreement,we have a viewing tonight but it’s a extra £40,000, if we fall in love with the house then we will have to go bk to the underwriters to see if they would lend us the extra, can’t believe how fast houses are selling and going way over the asking price 

Hi, 

I kind of know how that feels. My underwriting was done the first time round and everything checked out. Santander agreed to lend, but due to the fire safety I had to pull out.

I got hold of my MBs assistant today as he is off, and was told we should hear something tomorrow as it's been on the underwriters desk since Monday.

Guide price on the flat was 250-275k, I've gone in at 275k cause I really want it and have already wasted 3 months on the last property. I hope it doesn't get down valued for when it comes to the survey.

But speaking a lot of people, they have mentioned this should be fine. Property was recently decorated, with a nice bathroom and new carpets throughout.

Sounds like u will be ok, we have another viewing soon as the house isn’t on market yet but we have first viewing but don’t mean anything as it’s like a bidding war out there lol if we like I will put the full asking price in so fingers crossed for us all 

I have no clue, Santander seem really slow at the moment - on their service levels it's gone from 2 days to 3 days. I still haven't heard anything. 

The estate agent I'm dealing with doesn't take the property off the market until their is a mortgage offer so anyone's game really. But the advantage I have is they have dealt with my broker in the past as the two EAs are couple doors away from each other. 

I feel like I need to hear something sooner, before the vendor starts getting worried. 

My mortgage broker went back to Santander at 2:45pm on the 20th with a query they had but still nothing ...

The seller isn't using Strike by any chance?

ubayd95

Cookie211 said:

ubayd95 said:

Cookie211 said:

ubayd95 said:

Cookie211 said:

ubayd95 said:

Hi all,

Interesting thread, so many mixed processes going on.

I had to change the property I was initially going for as the EWS1 came back as B2 and no bank will lend on such.

I had my mortgage broker change the property via a substitute property form on the 13th of April (a week today).

Yesterday I was told the case was back at underwriters due to increases borrowing (10,000 extra).

Does anyone know how long they will take to agree it all and instruct the survey?

Hi sorry I don’t know but we are going through a similar situation, our seller pulled out and there is no houses available with our mortgage agreement,we have a viewing tonight but it’s a extra £40,000, if we fall in love with the house then we will have to go bk to the underwriters to see if they would lend us the extra, can’t believe how fast houses are selling and going way over the asking price 

Hi, 

I kind of know how that feels. My underwriting was done the first time round and everything checked out. Santander agreed to lend, but due to the fire safety I had to pull out.

I got hold of my MBs assistant today as he is off, and was told we should hear something tomorrow as it's been on the underwriters desk since Monday.

Guide price on the flat was 250-275k, I've gone in at 275k cause I really want it and have already wasted 3 months on the last property. I hope it doesn't get down valued for when it comes to the survey.

But speaking a lot of people, they have mentioned this should be fine. Property was recently decorated, with a nice bathroom and new carpets throughout.

Sounds like u will be ok, we have another viewing soon as the house isn’t on market yet but we have first viewing but don’t mean anything as it’s like a bidding war out there lol if we like I will put the full asking price in so fingers crossed for us all 

I have no clue, Santander seem really slow at the moment - on their service levels it's gone from 2 days to 3 days. I still haven't heard anything. 

The estate agent I'm dealing with doesn't take the property off the market until their is a mortgage offer so anyone's game really. But the advantage I have is they have dealt with my broker in the past as the two EAs are couple doors away from each other. 

I feel like I need to hear something sooner, before the vendor starts getting worried. 

My mortgage broker went back to Santander at 2:45pm on the 20th with a query they had but still nothing ...

Fingers crossed u hear something, I heard at 5.15pm so there still time today, strange how they won’t take it off market until u have the full mortgage, got everything crossed for u 

Thanks, appreciate it! Yeah it's weird it's the only EA in my area that I know that does that.

Hmmm, I'm not too sure about hearing something today. Most likely Monday now as the website says 3 days.