Any Recent Leeds Building Society applicants?

Monik2510a

Leeds has reduced the maximum loan amount by £18k....our application was submited on the 22nd September, I can't believe we've waisted such a long time we sre now going with Santander but 85LTV  

Good luck to everyone. I cant believe Leeds made us wait so long

sofsar

Monik2510a said:

Leeds has reduced the maximum loan amount by £18k....our application was submited on the 22nd September, I can't believe we've waisted such a long time we sre now going with Santander but 85LTV  

Good luck to everyone. I cant believe Leeds made us wait so long

Oh no! Why is that? Are you on new furlough? 

Good luck 🤞 

Monik2510a

sofsar said:

Monik2510a said:

Leeds has reduced the maximum loan amount by £18k....our application was submited on the 22nd September, I can't believe we've waisted such a long time we sre now going with Santander but 85LTV  

Good luck to everyone. I cant believe Leeds made us wait so long

Oh no! Why is that? Are you on new furlough? 

Good luck 🤞 

Nope, not on furlough. No change in circumstances. I would have thought they would do that during the initial assessment if they had any issues with the amount requested.

sofsar

Monik2510a said:

sofsar said:

Monik2510a said:

Leeds has reduced the maximum loan amount by £18k....our application was submited on the 22nd September, I can't believe we've waisted such a long time we sre now going with Santander but 85LTV  

Good luck to everyone. I cant believe Leeds made us wait so long

Oh no! Why is that? Are you on new furlough? 

Good luck 🤞 

Nope, not on furlough. No change in circumstances. I would have thought they would do that during the initial assessment if they had any issues with the amount requested.

Exactly. Or on the dip 

nicole_94

Any recent LBS applicants? I am now waiting my broker to submit my application. Mortgage applications have been cancelled three times because of A3 rating on EWS1 form (we have balcony). Finger crossed on this 4th application.

LottyFitz

Hi All, I know how nerve wracking it is going through this process in such a trying time. After reading through a number of people's experience, I did think receiving an offer would take forever! However I must say I am pleasantly surprised with how quickly things worked out for me, I am either very lucky or things are starting to speed up! I have heard from different individuals in the industry that things are speeding up with LBS and other lenders.  I hope this helps anyone in the process of receiving a mortgage offer with LBS.

16th Oct DIP submitted (received a refer decision)
19th Oct DIP approved
20th Oct Soft search
23rd Oct Full application submitted and declaration (via broker)
24th Oct Hard search (via Equifax)
3rd Nov Valuation Survey booked then rescheduled to the 12th Nov (valuator sick)
9th Nov request for confirmation of previous employment start and end date
9th Nov employment date info sent as well as confirming no payment holidays
12th Nov Valuation survey completed
15th Nov letter confirming initial assessment completed (dated 6th Nov)
16th Nov Mortgage offer received via broker!!
17th Nov Full mortgage offer pack received in the post
18th Nov Offer acceptance form sent back (must return within 7 days)

23 working days in total!

Good luck to all on your journey in getting your offers!! 

LottyFitz

nicole_94 said:

Any recent LBS applicants? I am now waiting my broker to submit my application. Mortgage applications have been cancelled three times because of A3 rating on EWS1 form (we have balcony). Finger crossed on this 4th application.

16th Oct DIP submitted (received a refer decision)
19th Oct DIP approved
20th Oct Soft search
23rd Oct Full application submitted and declaration (via broker)
24th Oct Hard search (via Equifax)
3rd Nov Valuation Survey booked then rescheduled to the 12th Nov (valuator sick)
9th Nov request for confirmation of previous employment start and end date
9th Nov employment date info sent as well as confirming no payment holidays
12th Nov Valuation survey completed
15th Nov letter confirming initial assessment completed (dated 6th Nov)
16th Nov Mortgage offer received via broker!!
17th Nov Full mortgage offer pack received in the post
18th Nov Offer acceptance form sent back (must return within 7 days)

23 working days in total!

Good luck to all on your journey in getting your offers!! 

nicole_94

LottyFitz said:

nicole_94 said:

Any recent LBS applicants? I am now waiting my broker to submit my application. Mortgage applications have been cancelled three times because of A3 rating on EWS1 form (we have balcony). Finger crossed on this 4th application.

16th Oct DIP submitted (received a refer decision)
19th Oct DIP approved
20th Oct Soft search
23rd Oct Full application submitted and declaration (via broker)
24th Oct Hard search (via Equifax)
3rd Nov Valuation Survey booked then rescheduled to the 12th Nov (valuator sick)
9th Nov request for confirmation of previous employment start and end date
9th Nov employment date info sent as well as confirming no payment holidays
12th Nov Valuation survey completed
15th Nov letter confirming initial assessment completed (dated 6th Nov)
16th Nov Mortgage offer received via broker!!
17th Nov Full mortgage offer pack received in the post
18th Nov Offer acceptance form sent back (must return within 7 days)

23 working days in total!

Good luck to all on your journey in getting your offers!! 

Glad to hear this positive news ! Thank you! Finger crossed on my application 🤞

LottyFitz

nicole_94 said:

LottyFitz said:

nicole_94 said:

Any recent LBS applicants? I am now waiting my broker to submit my application. Mortgage applications have been cancelled three times because of A3 rating on EWS1 form (we have balcony). Finger crossed on this 4th application.

16th Oct DIP submitted (received a refer decision)
19th Oct DIP approved
20th Oct Soft search
23rd Oct Full application submitted and declaration (via broker)
24th Oct Hard search (via Equifax)
3rd Nov Valuation Survey booked then rescheduled to the 12th Nov (valuator sick)
9th Nov request for confirmation of previous employment start and end date
9th Nov employment date info sent as well as confirming no payment holidays
12th Nov Valuation survey completed
15th Nov letter confirming initial assessment completed (dated 6th Nov)
16th Nov Mortgage offer received via broker!!
17th Nov Full mortgage offer pack received in the post
18th Nov Offer acceptance form sent back (must return within 7 days)

23 working days in total!

Good luck to all on your journey in getting your offers!! 

Glad to hear this positive news ! Thank you! Finger crossed on my application 🤞

Yes good luck, I'm sure all we be well!

annetheman

So, here I go! Leeds round 2... I feel I know what to expect having been through them twice in 9 months

Looks like things are even faster with them now than when I first started in March, but ironically now I need them to be slow so I can get EWS1!

2nd Dec: Submitted AiP
TBC: Received AiP
TBC: Full application
TBC: Hard search
TBC: Valuation done
TBC: Outcome

This will mean nothing until EWS1 form is signed off as A1, A2 or B1 - so...

TBC: EWS1 form rating [??]