Santander mortgage timeline

knocknock1

To people who already have the offer,

How long did the offer pack take to get out to you, I have been waiting since I got the offer on Friday.

mowgliisaG

knocknock1 said:

To people who already have the offer,

How long did the offer pack take to get out to you, I have been waiting since I got the offer on Friday.

You were SE? 

knocknock1

mowgliisaG said:

knocknock1 said:

To people who already have the offer,

How long did the offer pack take to get out to you, I have been waiting since I got the offer on Friday.

You were SE? 

No. Full time salary. I had the text on Friday from Santander saying offered has been issued.

mowgliisaG

knocknock1 said:

mowgliisaG said:

knocknock1 said:

To people who already have the offer,

How long did the offer pack take to get out to you, I have been waiting since I got the offer on Friday.

You were SE? 

No. Full time salary. I had the text on Friday from Santander saying offered has been issued.

congrats..how long did offer take? 

knocknock1

mowgliisaG said:

knocknock1 said:

mowgliisaG said:

knocknock1 said:

To people who already have the offer,

How long did the offer pack take to get out to you, I have been waiting since I got the offer on Friday.

You were SE? 

No. Full time salary. I had the text on Friday from Santander saying offered has been issued.

congrats..how long did offer take? 

Thanks, I am FTB with HTB. Just myself, borrowing 3.8x my salary. 

19/10: Application Submitted
19/10: Hard credit check (Experian)
20/10: Valuation Issued
23/10: Valuation Completed
23/10: Passed to final UW
29/10: Application Agreed
30/10: Offer issued

toby993_2

Just beware anyone looking to set a completion date after having received their offer, Santander are taking a while to respond to fund release requests

knocknock1

toby993_2 said:

Just beware anyone looking to set a completion date after having received their offer, Santander are taking a while to respond to fund release requests

Why is that? Just admin issue?

IMsaver

85c said:

IMsaver said:

Hi everyone, 

I followed this thread for a long time, we had our full mortgage approval today (we were waiting for valuation to be completed yesterday). See timeline below! My partner was SE and took the first SEISS payment, i'm full-time employment, 71% LTV.
The whole process was very stress free (except for the long wait), i would honestly tell most of you on here to relax (although easier said then done!) and try not to second-guess everything. I honestly thought the worst and it went through fine, good luck to all!

Dates
Mortgage application: 22.09
Sent to underwriters: 28.09
Approved subject to valuation 26.10 (we had approval through exactly when they said they were looking at it according to intermediary sites)
Valuation: 02.11
Full mortgage approval! (They sent a text and email to confirm)

That’s fantastic news! Can I ask are you both se or just husband? Congratulations 

Just my partner is SE (sole trader). We used latest years accounts as well for salary, even though he's been trading for 2

IMsaver

mowgliisaG said:

IMsaver said:

Hi everyone, 

I followed this thread for a long time, we had our full mortgage approval today (we were waiting for valuation to be completed yesterday). See timeline below! My partner was SE and took the first SEISS payment, i'm full-time employment, 71% LTV.
The whole process was very stress free (except for the long wait), i would honestly tell most of you on here to relax (although easier said then done!) and try not to second-guess everything. I honestly thought the worst and it went through fine, good luck to all!

Dates
Mortgage application: 22.09
Sent to underwriters: 28.09
Approved subject to valuation 26.10 (we had approval through exactly when they said they were looking at it according to intermediary sites)
Valuation: 02.11
Full mortgage approval! (They sent a text and email to confirm)

Amazing news IMsaver..I e sheena few of your posts on here and glad you got the offer. Happy for you. Did they ask for further info from your partner? If so, what did they ask? Has your partners revenue returned since covid? Or was there no impact? 

Hello! Thanks so much, we're all in this together

We provided everything to our MB up front, this was his SA302 form, tax overview, our bank statements, my payslips the lot! All our mortgage broker asked when we applied was how had the business been affected by Covid? My partner is a guitar teacher so he took his students onto zoom and didn't need the SEISS payment in the end (they say the first one is fine anyway), he actually did better this year then the last.

We didn't have any questions except for that generic one up front, not a single peep from anyway until we got the approval!

IMsaver

knocknock1 said:

To people who already have the offer,

How long did the offer pack take to get out to you, I have been waiting since I got the offer on Friday.

We had full mortgage approval on Tuesday and received mortgage letter today from our MB!