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Any Recent Leeds Building Society applicants?

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Comments

  • Natztastic2
    Natztastic2 Posts: 175 Forumite
    Fifth Anniversary 100 Posts Name Dropper
    My partner just called and asked for an update. They have said the earliest we will hear anything will be the 20th October due to the huge backlog. 
    It's not even funny anymore  :s:disappointed::unamused:
    LBS 95% LTV Shared ownership application
    3/8 DIP agreed
    5/8 Applied for plot with HA
    13/8 Accepted for plot with HA
    19/8 Full application with Leeds
    23/9 Valuation completed and OK
    25/9 First questions and soft credit search
    29/9 Confirmed answers to LBS direct as my MA couldn't get through we're told it would join 12 day underwriting queue again
    01/10 Received letter about initial search through the post dated 25/9
    We were told we should hear something by the 20th.
    14/10 Mortgage offer received (working day 40)
    23/10 Completion and moved in!

  • MSN2220
    MSN2220 Posts: 83 Forumite
    10 Posts Name Dropper
    We got an update today. It’s gone to the senior underwriters, not good 😢
  • becky8690
    becky8690 Posts: 81 Forumite
    10 Posts Second Anniversary Name Dropper
    MSN2220 said:
    We got an update today. It’s gone to the senior underwriters, not good 😢
    Yours could have just been picked out of a bunch for an audit or something 
  • MSN2220
    MSN2220 Posts: 83 Forumite
    10 Posts Name Dropper
    becky8690 said:
    MSN2220 said:
    We got an update today. It’s gone to the senior underwriters, not good 😢
    Yours could have just been picked out of a bunch for an audit or something 
    I don’t think so. My MA doesn’t seem too postive, have a call with him tomorrow. Gutted 
  • sofsar
    sofsar Posts: 102 Forumite
    Tenth Anniversary 100 Posts Combo Breaker
    MSN2220 said:
    becky8690 said:
    MSN2220 said:
    We got an update today. It’s gone to the senior underwriters, not good 😢
    Yours could have just been picked out of a bunch for an audit or something 
    I don’t think so. My MA doesn’t seem too postive, have a call with him tomorrow. Gutted 
    Are you self employed? 
  • MSN2220
    MSN2220 Posts: 83 Forumite
    10 Posts Name Dropper
    sofsar said:
    MSN2220 said:
    becky8690 said:
    MSN2220 said:
    We got an update today. It’s gone to the senior underwriters, not good 😢
    Yours could have just been picked out of a bunch for an audit or something 
    I don’t think so. My MA doesn’t seem too postive, have a call with him tomorrow. Gutted 
    Are you self employed? 
    No we’re both employed. Gifted deposit. 95% shared ownership 😬
  • sofsar
    sofsar Posts: 102 Forumite
    Tenth Anniversary 100 Posts Combo Breaker
    MSN2220 said:
    sofsar said:
    MSN2220 said:
    becky8690 said:
    MSN2220 said:
    We got an update today. It’s gone to the senior underwriters, not good 😢
    Yours could have just been picked out of a bunch for an audit or something 
    I don’t think so. My MA doesn’t seem too postive, have a call with him tomorrow. Gutted 
    Are you self employed? 
    No we’re both employed. Gifted deposit. 95% shared ownership 😬
    Doesn’t seem bad then. Maybe it’s just a little checkup 
     Maybe your gifted deposit is high amount. 

  • MSN2220
    MSN2220 Posts: 83 Forumite
    10 Posts Name Dropper
    sofsar said:
    MSN2220 said:
    sofsar said:
    MSN2220 said:
    becky8690 said:
    MSN2220 said:
    We got an update today. It’s gone to the senior underwriters, not good 😢
    Yours could have just been picked out of a bunch for an audit or something 
    I don’t think so. My MA doesn’t seem too postive, have a call with him tomorrow. Gutted 
    Are you self employed? 
    No we’re both employed. Gifted deposit. 95% shared ownership 😬
    Doesn’t seem bad then. Maybe it’s just a little checkup 
     Maybe your gifted deposit is high amount. 

    I don’t know. My MA is already saying about looking at other lenders ☹️
  • Monik2510a
    Monik2510a Posts: 102 Forumite
    100 Posts Second Anniversary Name Dropper
    MSN2220 said:
    sofsar said:
    MSN2220 said:
    sofsar said:
    MSN2220 said:
    becky8690 said:
    MSN2220 said:
    We got an update today. It’s gone to the senior underwriters, not good 😢
    Yours could have just been picked out of a bunch for an audit or something 
    I don’t think so. My MA doesn’t seem too postive, have a call with him tomorrow. Gutted 
    Are you self employed? 
    No we’re both employed. Gifted deposit. 95% shared ownership 😬
    Doesn’t seem bad then. Maybe it’s just a little checkup 
     Maybe your gifted deposit is high amount. 

    I don’t know. My MA is already saying about looking at other lenders ☹️
    Is there anything on your credit history or anything else (affordability etc) that you thought might have an impact on your application?
    22/09 - application submitted with Leeds BS, long story short, on the 9/11 we've been told that Leeds is reducing the amount they're willing to lend by nearly £20k (turns out our broker FORGOT to declare our child on the application)
    10/11 - found another mortgage advisor
    11/11 - AIP with Santander (single applicant, shared ownership, 85LTV)
    12/11 - all documents sent
    13/11 - application with Santander submitted and passed to underwriting. Valuation booked for 23/11
    19/11 - mortgage agreed, subject to a satisfactory valuation 
    23/11 - mortgage offer issued
    19/12 - completed 
  • Natztastic2
    Natztastic2 Posts: 175 Forumite
    Fifth Anniversary 100 Posts Name Dropper
    MSN2220 said:
    We got an update today. It’s gone to the senior underwriters, not good 😢
    Hmm I've not heard of that before. I hope it's good news for you... at least its not a straight up no?

    Let us know what they say
    LBS 95% LTV Shared ownership application
    3/8 DIP agreed
    5/8 Applied for plot with HA
    13/8 Accepted for plot with HA
    19/8 Full application with Leeds
    23/9 Valuation completed and OK
    25/9 First questions and soft credit search
    29/9 Confirmed answers to LBS direct as my MA couldn't get through we're told it would join 12 day underwriting queue again
    01/10 Received letter about initial search through the post dated 25/9
    We were told we should hear something by the 20th.
    14/10 Mortgage offer received (working day 40)
    23/10 Completion and moved in!

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