Any Recent Leeds Building Society applicants?

becky8690

toby993_2 said:

toby993_2 said:

Morning Guys, I thought I would share my application timeline with you too as I am still waiting.

Full App submitted via broker: 04/09 (standard mortgage with partner, both full time 85% LTV)

Equifax search:05/09

With underwriter & Additional info requested: 22/09 . Was quoted 12 working days before next update (so 07/10)

Letter from leeds BS received confirming initial assessment carried out and now with underwriters:26/09

Valuation completed 02/10

I chased them today and they said the turnaround is now 15 working days and not 12. So the wait continues. I am hoping for an update by early next week at the latest and will update you guys when I hear

Just following on from this, I thought id mention that the documents they requested were proof of funds. Part of our deposit is gifted from my Nan and my partners dad. We didn't use Leeds BS template letter, we just created our own which was sufficient for our solicitor so I am hoping it is fine for Leeds BS. We also provided bank statements from their accounts to show the funds.

Strange, all our deposit is gifted and in the additional info requested they haven’t asked for proof of funds

Natztastic2

Offer Turnaround

STD: 32.4 working days
BTL: 28.9 working days

Seems to always go up on a Tuesday

The underwriting queue they have aid has dropped from 13 working days to 12. 

Reviewing Applications Sent To Our Underwriting Queue

Excludes day of receipt.

12 working days

sofsar

toby993_2 said:

toby993_2 said:

Morning Guys, I thought I would share my application timeline with you too as I am still waiting.

Full App submitted via broker: 04/09 (standard mortgage with partner, both full time 85% LTV)

Equifax search:05/09

With underwriter & Additional info requested: 22/09 . Was quoted 12 working days before next update (so 07/10)

Letter from leeds BS received confirming initial assessment carried out and now with underwriters:26/09

Valuation completed 02/10

I chased them today and they said the turnaround is now 15 working days and not 12. So the wait continues. I am hoping for an update by early next week at the latest and will update you guys when I hear

Just following on from this, I thought id mention that the documents they requested were proof of funds. Part of our deposit is gifted from my Nan and my partners dad. We didn't use Leeds BS template letter, we just created our own which was sufficient for our solicitor so I am hoping it is fine for Leeds BS. We also provided bank statements from their accounts to show the funds.

Didn’t you send your proof of deposit with application? I.e bank statements 
You are sposed to send gifted deposit letter with application too, it’s 1 page form and the gifted needs to sign it. Available online by typing Leeds gifted deposit letter. Iv read all pages on here and someone had to send Leeds form, not their own made. 

Natztastic2

toby993_2 said:

toby993_2 said:

Morning Guys, I thought I would share my application timeline with you too as I am still waiting.

Full App submitted via broker: 04/09 (standard mortgage with partner, both full time 85% LTV)

Equifax search:05/09

With underwriter & Additional info requested: 22/09 . Was quoted 12 working days before next update (so 07/10)

Letter from leeds BS received confirming initial assessment carried out and now with underwriters:26/09

Valuation completed 02/10

I chased them today and they said the turnaround is now 15 working days and not 12. So the wait continues. I am hoping for an update by early next week at the latest and will update you guys when I hear

Just following on from this, I thought id mention that the documents they requested were proof of funds. Part of our deposit is gifted from my Nan and my partners dad. We didn't use Leeds BS template letter, we just created our own which was sufficient for our solicitor so I am hoping it is fine for Leeds BS. We also provided bank statements from their accounts to show the funds.

toby993_2 said:

toby993_2 said:

Morning Guys, I thought I would share my application timeline with you too as I am still waiting.

Full App submitted via broker: 04/09 (standard mortgage with partner, both full time 85% LTV)

Equifax search:05/09

With underwriter & Additional info requested: 22/09 . Was quoted 12 working days before next update (so 07/10)

Letter from leeds BS received confirming initial assessment carried out and now with underwriters:26/09

Valuation completed 02/10

I chased them today and they said the turnaround is now 15 working days and not 12. So the wait continues. I am hoping for an update by early next week at the latest and will update you guys when I hear

Just following on from this, I thought id mention that the documents they requested were proof of funds. Part of our deposit is gifted from my Nan and my partners dad. We didn't use Leeds BS template letter, we just created our own which was sufficient for our solicitor so I am hoping it is fine for Leeds BS. We also provided bank statements from their accounts to show the funds.

We were asked if our deposit was gifted in our initial questions 9 days or so ago and was sent the LBS gifted deposit form, but ours isn't.

MSN2220

Natztastic2 said:

toby993_2 said:

toby993_2 said:

Morning Guys, I thought I would share my application timeline with you too as I am still waiting.

Full App submitted via broker: 04/09 (standard mortgage with partner, both full time 85% LTV)

Equifax search:05/09

With underwriter & Additional info requested: 22/09 . Was quoted 12 working days before next update (so 07/10)

Letter from leeds BS received confirming initial assessment carried out and now with underwriters:26/09

Valuation completed 02/10

I chased them today and they said the turnaround is now 15 working days and not 12. So the wait continues. I am hoping for an update by early next week at the latest and will update you guys when I hear

Just following on from this, I thought id mention that the documents they requested were proof of funds. Part of our deposit is gifted from my Nan and my partners dad. We didn't use Leeds BS template letter, we just created our own which was sufficient for our solicitor so I am hoping it is fine for Leeds BS. We also provided bank statements from their accounts to show the funds.

toby993_2 said:

toby993_2 said:

Morning Guys, I thought I would share my application timeline with you too as I am still waiting.

Full App submitted via broker: 04/09 (standard mortgage with partner, both full time 85% LTV)

Equifax search:05/09

With underwriter & Additional info requested: 22/09 . Was quoted 12 working days before next update (so 07/10)

Letter from leeds BS received confirming initial assessment carried out and now with underwriters:26/09

Valuation completed 02/10

I chased them today and they said the turnaround is now 15 working days and not 12. So the wait continues. I am hoping for an update by early next week at the latest and will update you guys when I hear

Just following on from this, I thought id mention that the documents they requested were proof of funds. Part of our deposit is gifted from my Nan and my partners dad. We didn't use Leeds BS template letter, we just created our own which was sufficient for our solicitor so I am hoping it is fine for Leeds BS. We also provided bank statements from their accounts to show the funds.

We were asked if our deposit was gifted in our initial questions 9 days or so ago and was sent the LBS gifted deposit form, but ours isn't.

We were asked to fill out the gift deposit form 2 days after our application was submitted. This I the form: https://www.leedsbuildingsociety.co.uk/_resources/pdfs/intermediaries-pdfs/intermediaries-forms-pdfs/gifted-deposit-form.pdf

toby993_2

yep we made the mistake of sending our own forms. Now we are rushing to get the leeds templated forms signed before the underwriter picks it up again to avoid another 12 working day set back. Thinking about it now, im not sure why our broker didnt request this in advance from us

sofsar

toby993_2 said:

yep we made the mistake of sending our own forms. Now we are rushing to get the leeds templated forms signed before the underwriter picks it up again to avoid another 12 working day set back. Thinking about it now, im not sure why our broker didnt request this in advance from us

Some brokers can’t do jobs perfectly. Mine last week asked for my 2nd wage slip although I gave it previously. But on a good side Leeds asked for us to sign morgage declaration form. 

I think mines with underwriting team and I don’t know if valuation has been done or not. 

It’s been 2 weeks today I applied 

toby993_2

I haven't had to sign anything yet. Was this a form sent by post from Leeds that you had to sign and return?

sofsar

toby993_2 said:

I haven't had to sign anything yet. Was this a form sent by post from Leeds that you had to sign and return?

Broker asked me to sign it. Also Iv read on this thread some others have too. It’s got to do with consent permission and it’s similar to  t&cs etc 
leeds asked us 

Natztastic2

toby993_2 said:

I haven't had to sign anything yet. Was this a form sent by post from Leeds that you had to sign and return?

Have you not signed the declaration form? I thought this has to be done at the start of application