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Any Recent Leeds Building Society applicants?

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Comments

  • SJH88 said:
    Our mortgage advisor escalated our case with the BDM to get looked at ASAP. Not sure how successful it will be. He was told yesterday that it would still be another few days before our case would even be looked at and he said that wasn't acceptable so I'm really hoping we will have an update by close today but more than likely just wishful thinking.
    Any news ?:)
    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 
  • SJH88
    SJH88 Posts: 7 Forumite
    First Post
    SJH88 said:
    Our mortgage advisor escalated our case with the BDM to get looked at ASAP. Not sure how successful it will be. He was told yesterday that it would still be another few days before our case would even be looked at and he said that wasn't acceptable so I'm really hoping we will have an update by close today but more than likely just wishful thinking.
    Any news ?:)
    He came back and said they asked for ID for us both and he's contacted our solicitor to try to get a letter to hurry it up. He said when they asked for ID they didn't ask any questions or anything and that it's a good sign so fingers crossed.
  • We are still waiting 😞 working day 36, almost week 7. How did everyone manage to speed things up? Did you contact your brokers? I still don’t even know if the have done the underwriting tbh. Valuation was only done 7 days ago. I totally understand things are delayed due to Covid and LBS have had a surge of applications to make things even worse but tbh we can’t wait much longer. If this gets declined then I can’t see the HA waiting another 2months + for another mortgage application.
  • NikNak90 said:
    NikNak90 said:
    I didn't think I would get to write this but...

    We have a mortgage offer!!!! 🥳🎊🎉🍾
    Congratulations!! I keep checking this thread occasionally to see if others have got their offers yet, and I must say I was surprised you hadn't had yours yet as you only applied a few days after me. Glad you have now got it! :D
    Thank you! We have found out it was a marathon and not a sprint, lol. 
    Are you in already?
    It certainly is lol no not yet :( we have been waiting for the housing association's solicitors to finish responding to our solicitors enquiries. It's finally all done now and we should be setting an exchange and completion date either today or Monday! fingers crossed. 
    Just seen your other post about the acceptance form - we just sent back the one acceptance form and nothing else.
    Good luck I hope everything goes smoothly for you and that'll you soon be in your new home!
    Thank you so much, hope you get to move in ASAP! 🤩
    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!

  • SJH88
    SJH88 Posts: 7 Forumite
    First Post
    We are still waiting 😞 working day 36, almost week 7. How did everyone manage to speed things up? Did you contact your brokers? I still don’t even know if the have done the underwriting tbh. Valuation was only done 7 days ago. I totally understand things are delayed due to Covid and LBS have had a surge of applications to make things even worse but tbh we can’t wait much longer. If this gets declined then I can’t see the HA waiting another 2months + for another mortgage application.
    We are on day 15 today and our MA decided that we had waited long enough. He went over and above to supply everything and anything that they could possibly ask for. Our valuation has been done so really hoping for an offer next week. He had asked for a letter from our solicitor to get it dealyh with asap as we are in a chain and this is holding everything up. Been really a stressful few weeks for us all, hardly sleeping.
  • SJH88
    SJH88 Posts: 7 Forumite
    First Post
    Working day 36 is awful, what's been the hold up for you?
  • SJH88 said:
    Working day 36 is awful, what's been the hold up for you?
    Tbh I have no idea. We have been asked no questions, valuation took forever, but apart from that I am clueless why this is taking this long.
  • stampystamp
    stampystamp Posts: 148 Forumite
    Third Anniversary 100 Posts Name Dropper
    edited 17 October 2020 at 9:56AM
    Guys I think they’ve just got more and more stretched. It took me 33 working days.. I think anything between 30-40 working days is standard at the moment. While I know it’s so frustrating, you will get an answer so just try to be patient! You will be in soon :)
  • Offer has just come through the post 🎉🎉 we are on the move!!! However the address for the property is right but the post code is wrong. How long this will take to sort, who knows.
  • My address was wrong on my offer, it took three working days for them to sort it out :)
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