Santander mortgage timeline

lg220701

NatNat77 said:

Some of the above posts would be better posted on the house selling, buying and renting board. There are many helpful and knowledgeable people on there who may be able to advise 😊

LG-enquiries can take a long time depending on what they are, I would send a list of the outstanding ones to your sellers EA, copy in your own (if selling) and your sol, and ask them to check with the vendor. Are you still waiting for searches/is everything and everyone else good to go apart from that? Might be worth posting on the waiting to exchange thread found in the board I mentioned above, too.

As for me, after my solicitor only receiving my mortgage offer on Monday, and against all odds, we did manage to exchange on Tuesday, and complete next Tuesday! We've had a nightmare journey since September, for all sorts of reasons, our chain was only recomplete 15 May, and santanders delays on our mortgage made it very touch and go at the end (we are second in a chain of 4).

Myself and my vendor were constantly in touch and chasing whoever we needed to chase 😂 we even sorted a land registry enquiry out ourselves! Fortunately our vendor didn't need a mortgage but even so, 6 weeks from complete chain to completion at this crazy time is pretty amazing and I can't quite believe we've pulled it off!

Good luck to everyone still waiting, the stress is worth it in the end xxx

Hi.

Yes searches and everything are back and have been for around 2 weeks. Chased EA many of times I’ve lost count. I’m not selling, therefore nothing left on my side - our offer on the property was accepted in April therefore the sellers have had plenty of time to prepare. I will take a look at the page u suggested.

thanks 

Purlain

strike4a said:

Purlain said:

Hi, has anyone had two hard credit searches during the underwriting? I had first one on 20 May at the full application, and yesterday they did another one. Is it normal? Thanks 

They've done this to me I've noticed. Application went in on 28th May and passed to underwriters 4th June then we had first hard search on 7th June. Two rounds of underwriters asking for more documents/info and another hard search on 21st June. No material change in circumstances our side so unsure why they've done this. Still no offer.

Thanks for the reply. What is the current status of your application? Waiting for offer to be issued?

strike4a

Purlain said:

strike4a said:

Purlain said:

Hi, has anyone had two hard credit searches during the underwriting? I had first one on 20 May at the full application, and yesterday they did another one. Is it normal? Thanks 

They've done this to me I've noticed. Application went in on 28th May and passed to underwriters 4th June then we had first hard search on 7th June. Two rounds of underwriters asking for more documents/info and another hard search on 21st June. No material change in circumstances our side so unsure why they've done this. Still no offer.

Thanks for the reply. What is the current status of your application? Waiting for offer to be issued?

Have no idea to be honest. Broker hopeful there won't be any more questions but is struggling to even speak to anyone at Santander due to the volume of work they've got on at the moment. Survey/valuation was done 2 weeks ago but the report is locked so broker can't even see what value they're using.

Purlain

strike4a said:

Purlain said:

strike4a said:

Purlain said:

Hi, has anyone had two hard credit searches during the underwriting? I had first one on 20 May at the full application, and yesterday they did another one. Is it normal? Thanks 

They've done this to me I've noticed. Application went in on 28th May and passed to underwriters 4th June then we had first hard search on 7th June. Two rounds of underwriters asking for more documents/info and another hard search on 21st June. No material change in circumstances our side so unsure why they've done this. Still no offer.

Thanks for the reply. What is the current status of your application? Waiting for offer to be issued?

Have no idea to be honest. Broker hopeful there won't be any more questions but is struggling to even speak to anyone at Santander due to the volume of work they've got on at the moment. Survey/valuation was done 2 weeks ago but the report is locked so broker can't even see what value they're using.

My valuation was done 9 June, case passed to underwriting on 11 June again, no updates since then until yesterday second hard credit search appearing on credit report, now the broker is not responding to my messages so no way to find out what has been updated yesterday, very frustrating.

Emilieeeeee

Finally some good news today. Mortgage is all going ahead. Just waiting for the offer to come through. My timeline and a bit of info to help anyone still waiting or looking to apply. 

FTB with HTB - 25% LTV

Mortgage applied for: 10th May
Valuation: 18th May
Mortgage confirmed: 25th June

We have been in this process for nearly 7 weeks and over that time had two separate lots of questions or further documentation required to be sent. 

We are SE and E. 

Now all that’s needed is the mortgage offer to come through. Has anyone ever been rejected at this point? It’s been so long I can’t even muster up the enthusiasm to get excited as I’m so worried it will not happen or not be for the full amount. 

Good luck to anyone still waiting to hear. 

Purlain

Emilieeeeee said:

Finally some good news today. Mortgage is all going ahead. Just waiting for the offer to come through. My timeline and a bit of info to help anyone still waiting or looking to apply. 

FTB with HTB - 25% LTV

Mortgage applied for: 10th May
Valuation: 18th May
Mortgage confirmed: 25th June

We have been in this process for nearly 7 weeks and over that time had two separate lots of questions or further documentation required to be sent. 

We are SE and E. 

Now all that’s needed is the mortgage offer to come through. Has anyone ever been rejected at this point? It’s been so long I can’t even muster up the enthusiasm to get excited as I’m so worried it will not happen or not be for the full amount. 

Good luck to anyone still waiting to hear. 

Congratulations on the good news! Santander has become a nightmare for all of us. After two weeks waiting, they came back with more questions on my bank account entries and 2nd hard credit check. Does that mean another two weeks wait for more questions? Should I just give up? 

peacetrustlove

Purlain said:

Emilieeeeee said:

Finally some good news today. Mortgage is all going ahead. Just waiting for the offer to come through. My timeline and a bit of info to help anyone still waiting or looking to apply. 

FTB with HTB - 25% LTV

Mortgage applied for: 10th May
Valuation: 18th May
Mortgage confirmed: 25th June

We have been in this process for nearly 7 weeks and over that time had two separate lots of questions or further documentation required to be sent. 

We are SE and E. 

Now all that’s needed is the mortgage offer to come through. Has anyone ever been rejected at this point? It’s been so long I can’t even muster up the enthusiasm to get excited as I’m so worried it will not happen or not be for the full amount. 

Good luck to anyone still waiting to hear. 

Congratulations on the good news! Santander has become a nightmare for all of us. After two weeks waiting, they came back with more questions on my bank account entries and 2nd hard credit check. Does that mean another two weeks wait for more questions? Should I just give up? 

Our application lasted a total of 15 weeks. The second hard check was around 5 week mark. Then there was a soft check about 12 week mark. 

Purlain

peacetrustlove said:

Purlain said:

Emilieeeeee said:

Finally some good news today. Mortgage is all going ahead. Just waiting for the offer to come through. My timeline and a bit of info to help anyone still waiting or looking to apply. 

FTB with HTB - 25% LTV

Mortgage applied for: 10th May
Valuation: 18th May
Mortgage confirmed: 25th June

We have been in this process for nearly 7 weeks and over that time had two separate lots of questions or further documentation required to be sent. 

We are SE and E. 

Now all that’s needed is the mortgage offer to come through. Has anyone ever been rejected at this point? It’s been so long I can’t even muster up the enthusiasm to get excited as I’m so worried it will not happen or not be for the full amount. 

Good luck to anyone still waiting to hear. 

Congratulations on the good news! Santander has become a nightmare for all of us. After two weeks waiting, they came back with more questions on my bank account entries and 2nd hard credit check. Does that mean another two weeks wait for more questions? Should I just give up? 

Our application lasted a total of 15 weeks. The second hard check was around 5 week mark. Then there was a soft check about 12 week mark. 

Thanks for the reply. Any idea why they do two hard checks in the underwriting? From your experience, it doesn't seem to be a sign that offer is coming soon.

sweetsugar007

Purlain said:

peacetrustlove said:

Purlain said:

Emilieeeeee said:

Finally some good news today. Mortgage is all going ahead. Just waiting for the offer to come through. My timeline and a bit of info to help anyone still waiting or looking to apply. 

FTB with HTB - 25% LTV

Mortgage applied for: 10th May
Valuation: 18th May
Mortgage confirmed: 25th June

We have been in this process for nearly 7 weeks and over that time had two separate lots of questions or further documentation required to be sent. 

We are SE and E. 

Now all that’s needed is the mortgage offer to come through. Has anyone ever been rejected at this point? It’s been so long I can’t even muster up the enthusiasm to get excited as I’m so worried it will not happen or not be for the full amount. 

Good luck to anyone still waiting to hear. 

Congratulations on the good news! Santander has become a nightmare for all of us. After two weeks waiting, they came back with more questions on my bank account entries and 2nd hard credit check. Does that mean another two weeks wait for more questions? Should I just give up? 

Our application lasted a total of 15 weeks. The second hard check was around 5 week mark. Then there was a soft check about 12 week mark. 

Thanks for the reply. Any idea why they do two hard checks in the underwriting? From your experience, it doesn't seem to be a sign that offer is coming soon.

I remember when HSBC said " computer says no" to me they dropped about 4 hard searches on and it just suggested they are taking a closer at affordability based on your credit file. When I subsequently applied with Santander they dropped one soft and one hard search really early on in the process. My MB had packaged a copy of my credit file beforehand( Didn't do that with HSBC) and we progressed from there.

I suspect underwriting will reveal their hand to you soon.

RJM90

I’m seriously losing patience with Santander. I’ve just received four requests from the underwriters on things I already provided and clarified in the beginning stages when documents were checked including why my workplace is 200 miles from home. I’ve sent it all in again but no doubt I’m at the back of the list again. Genuinely have no idea what’s going on when they revisit questions you’ve already provided answers for!