Santander mortgage timeline

Nuri123

Optimistim_13 said:

As a wee bit of hope for anyone with a less than fantastic credit rating. I finished my DMP with stepchange nearly 6 years ago. It was 44k all in and took me 5 years to pay every penny back. We got approved for a mortgage on our dream house yesterday with santander with an 85% ltv, mortgage is 280k. 
I just wanted to reassure everyone that there's life after debt so don't give up hope.

Congratulations, did you go through a broker or direct with Santander?

Optimistim_13

Nuri123 said:

Optimistim_13 said:

As a wee bit of hope for anyone with a less than fantastic credit rating. I finished my DMP with stepchange nearly 6 years ago. It was 44k all in and took me 5 years to pay every penny back. We got approved for a mortgage on our dream house yesterday with santander with an 85% ltv, mortgage is 280k. 
I just wanted to reassure everyone that there's life after debt so don't give up hope.

Congratulations, did you go through a broker or direct with Santander?

We used a broker, our previous house purchase was in my husbands name only as it was very soon after my DMP finished. I was so anxious that we would get declined due to my recklessness years ago.
It's a big relief that the damage has been repaired, I didn't tell the broker as he only wanted current details of any debts and any adverse credit history within 5 years so it was just beyond.
The underwriters didnt query anything on my file.

Roses31

Does anyone know how accurate the service times are on the Santander intermediaries website?

Popsicle123

Roses31 said:

Does anyone know how accurate the service times are on the Santander intermediaries website?

Would also like to know this too! It seems to have got a day longer since yesterday - I do know that! 

Roses31

Popsicle123 said:

Roses31 said:

Does anyone know how accurate the service times are on the Santander intermediaries website?

Would also like to know this too! It seems to have got a day longer since yesterday - I do know that! 

I know! Was gutted this morning when I checked

1616six

Roses31 said:

Does anyone know how accurate the service times are on the Santander intermediaries website?

It seems really hit and miss. 

Ours was bang on, yesterday it said those sent to underwriting on 19th were being done - which is when ours was, and we heard from the broker yesterday 

Others seem to have been waiting longer, others less.. no real pattern!

Nuri123

A quick update, just received a email from Santander at 7pm stating they've issued a mortgage offer, I'm abit shocked tbh because yesterday broker spoke to them and they said it's in a queue. Sent a screenshot to the broker just to make sure his received anything.

Popsicle123

Nuri123 said:

A quick update, just received a email from Santander at 7pm stating they've issued a mortgage offer, I'm abit shocked tbh because yesterday broker spoke to them and they said it's in a queue. Sent a screenshot to the broker just to make sure his received anything.

Congrats!!! Could I ask the date you were ‘sent to the underwriters’ thanks x

Nuri123

Popsicle123 said:

Nuri123 said:

A quick update, just received a email from Santander at 7pm stating they've issued a mortgage offer, I'm abit shocked tbh because yesterday broker spoke to them and they said it's in a queue. Sent a screenshot to the broker just to make sure his received anything.

Congrats!!! Could I ask the date you were ‘sent to the underwriters’ thanks x

From what I was told yesterday 20th July but on there website it says there looking through applications sent to underwriters on the 19th July so that's why I was abit confused

Nuri123

Anyone know when they send a email to confirm offer does it look different if it's a revised offer like if you've asked for a certain amount but they offer you less. Or does the broker know before hand when he can see the mortgage offer