mortgage application process - underwriting queue

hollybryan2013

Hey  

looking for some advice/information 

10th July - submitted our full application to Leeds Building Society via a mortgage advisor 

11th July - hard search done on our credit report 


17th July - was informed that we passed the initial checks and that our valuation has been instructed 

just waiting for the date for valuation and in queue for underwriter to review case, check over documents and valuation report when we get it. 

Haven’t been asked for a more Documents or info as of yet 

has anyone had any previous dealings with Leeds or going through the same process? 

Am I going in the right direction for a mortgage offer? 

Thank you  

cadders24

Hey - I applied a few days before you. Ive been chasing up every other day so far.  I recieved an email a couple weeks ago to say assessment had been done and valuation was booked in - So approx 2 weeks to receive that email  - Valuation was done last thur,  Spoke to them today and still awaiting report from Surveyors then will take another 6 days to review when recieved  - Looks like a waiting game at moment

carlyfluck

We only opted for a standard valuation. This was done via desktop last Tuesday. Has come back at value just waiting for the next step. Was told by broker we hopefully will hear today or tomorrow. 🤞🏼 What we hear I do not no. I have no idea if a underwriter has even looked yet. 

Our application was submitted 27th July with a hard search done on 30th 

haras_n0sirrah

I am a shared ownership specialist and have soo many cases in with Leeds at the moment
Am expecting first update on two cases today - they were submitted on 30th july
Looks like the underwriting queue is 9/10 working days long

JRG_4

My full app was submitted yesterday its a 75% LTV Help To Buy. I've had a hard search and a soft search show up on my credit report this morning and have been told by the sales exec that the surveyors have requested details for the valuation.

firsttimebuyerlpl

JRG_4 said:

My full app was submitted yesterday its a 75% LTV Help To Buy. I've had a hard search and a soft search show up on my credit report this morning and have been told by the sales exec that the surveyors have requested details for the valuation.

Who was your application with? 

JRG_4

firsttimebuyerlpl said:

JRG_4 said:

My full app was submitted yesterday its a 75% LTV Help To Buy. I've had a hard search and a soft search show up on my credit report this morning and have been told by the sales exec that the surveyors have requested details for the valuation.

Who was your application with? 

Sorry, it's with Leeds.

cadders24

Just as an update - Valuation has now come back at amount we are paying They say will take 6 working days to process then another 48 hours for offer. I assume that means all credit checks etc have been done

carlyfluck

I’m assuming my application is with the underwriter at Leeds as I’ve just had some questions asked. They wanted to know about some regular payments (child maintenance and Christmas savings I send to my mum) and a lump sum that was deposited which was a refund for a cruise that was cancelled. Not sure what proof they will need or if they are happy to take my word for it. They also wanted to know if I had taken or plan to take any payment holidays on any of the debts we have. 

cadders24

carlyfluck said:

I’m assuming my application is with the underwriter at Leeds as I’ve just had some questions asked. They wanted to know about some regular payments (child maintenance and Christmas savings I send to my mum) and a lump sum that was deposited which was a refund for a cruise that was cancelled. Not sure what proof they will need or if they are happy to take my word for it. They also wanted to know if I had taken or plan to take any payment holidays on any of the debts we have. 

Hi Carly - Think ours will get to this stage now . Did you get an email prior to valuation from the Underwriters to say your assessment was complete and awaiting Valuation? If not, im hoping that means all our checks have already been completed. Thanks

carlyfluck

Nope. I only know because I emailed my broker for any update. They were like oh yes the valuation was done Tuesday🙄( I emailed Thursday) I’m guessing the checks have been completed as a hard search was done on 30th July, then valuation now final questions. 🤷🏻‍♀️