Any Recent Leeds Building Society applicants?

277Hz

277Hz said:

Here's our timeline:
16 Dec - Dip
... bit of faff while we switch conveyancers who turned out not to be on a bunch of lender panels including Leeds...
21 Dec - full application
21 Dec - hard search appeared on credit report
4 Jan - some further documents requested (confirmation of mortgage payment holiday, previous employment payslips and credit card statements)
8 Jan - valuation survey completed

And now we are playing the waiting game!

Update: we received our offer today! Full timeline below:
16 Dec - Dip
... bit of faff while we switch conveyancers who turned out not to be on a bunch of lender panels including Leeds...
21 Dec - full application
21 Dec - hard search appeared on credit report
4 Jan - some further documents requested (confirmation of mortgage payment holiday, previous employment payslips and credit card statements)
5 Jan - valuation survey done (desktop)
11 Jan - mortgage offer received
I'm pretty impressed with the speed of Leeds looking at some of the other threads on the forum.
Good luck everyone!

gun_raider

277Hz said:

Here's our timeline:
16 Dec - Dip
... bit of faff while we switch conveyancers who turned out not to be on a bunch of lender panels including Leeds...
21 Dec - full application
21 Dec - hard search appeared on credit report
4 Jan - some further documents requested (confirmation of mortgage payment holiday, previous employment payslips and credit card statements)
8 Jan - valuation survey completed

And now we are playing the waiting game!

for your previous employment payslips, did they ask for your last 3 months? 

277Hz

gun_raider said:

277Hz said:

Here's our timeline:
16 Dec - Dip
... bit of faff while we switch conveyancers who turned out not to be on a bunch of lender panels including Leeds...
21 Dec - full application
21 Dec - hard search appeared on credit report
4 Jan - some further documents requested (confirmation of mortgage payment holiday, previous employment payslips and credit card statements)
8 Jan - valuation survey completed

And now we are playing the waiting game!

for your previous employment payslips, did they ask for your last 3 months? 

Hi, yes they did. My wife started a new job at the end of November and they wanted to see the last three months' payslips for the previous job.

ashok.198311

gun_raider said:

277Hz said:

Here's our timeline:
16 Dec - Dip
... bit of faff while we switch conveyancers who turned out not to be on a bunch of lender panels including Leeds...
21 Dec - full application
21 Dec - hard search appeared on credit report
4 Jan - some further documents requested (confirmation of mortgage payment holiday, previous employment payslips and credit card statements)
8 Jan - valuation survey completed

And now we are playing the waiting game!

for your previous employment payslips, did they ask for your last 3 months? 

They asked us to send the P60 for last couple of years.. Wife moved Job about 4 months back...

claireyfairy83

claireyfairy83 said:

Timeline so far:

14th December: Application submitted
18th December: Mortgage declaration signed and submitted along with requested documents
4th January: Mortgage valuation carried out
6th January: Valuation report received, awaiting assessment

Just to add to our timeline...
14th December: Application submitted
18th December: Mortgage declaration signed and submitted along with requested documents
4th January: Mortgage valuation carried out
6th January: Valuation report received, awaiting assessment
12th January: Mortgage offered!

We still have to wait for the offer to arrive in the post and sign/send back etc etc but the hard part is over (I hope).

I will take great pleasure in telling our existing lender (Platform) to do one. Getting our fees back will be more fun and games I expect - they mentioned something about sending a cheque last time I spoke to them about it

ashok.198311

claireyfairy83 said:

claireyfairy83 said:

Timeline so far:

14th December: Application submitted
18th December: Mortgage declaration signed and submitted along with requested documents
4th January: Mortgage valuation carried out
6th January: Valuation report received, awaiting assessment

Just to add to our timeline...
14th December: Application submitted
18th December: Mortgage declaration signed and submitted along with requested documents
4th January: Mortgage valuation carried out
6th January: Valuation report received, awaiting assessment
12th January: Mortgage offered!

We still have to wait for the offer to arrive in the post and sign/send back etc etc but the hard part is over (I hope).

I will take great pleasure in telling our existing lender (Platform) to do one. Getting our fees back will be more fun and games I expect - they mentioned something about sending a cheque last time I spoke to them about it

What is your LTV please?

claireyfairy83

ashok.198311 said:

claireyfairy83 said:

claireyfairy83 said:

Timeline so far:

14th December: Application submitted
18th December: Mortgage declaration signed and submitted along with requested documents
4th January: Mortgage valuation carried out
6th January: Valuation report received, awaiting assessment

Just to add to our timeline...
14th December: Application submitted
18th December: Mortgage declaration signed and submitted along with requested documents
4th January: Mortgage valuation carried out
6th January: Valuation report received, awaiting assessment
12th January: Mortgage offered!

We still have to wait for the offer to arrive in the post and sign/send back etc etc but the hard part is over (I hope).

I will take great pleasure in telling our existing lender (Platform) to do one. Getting our fees back will be more fun and games I expect - they mentioned something about sending a cheque last time I spoke to them about it

What is your LTV please?

Our LTV is 80% if that helps. We've gone for a 2 year fix at 1.89%, £999 product fee (added to the loan).

gun_raider

Our LTV is 80% if that helps. We've gone for a 2 year fix at 1.89%, £999 product fee (added to the loan).

i'm in a similar position. they asked me for statements from my other bank account as well so i hope that means that's a good thing that they're looking further.

the wait is nerve racking!

claireyfairy83

gun_raider said:

Our LTV is 80% if that helps. We've gone for a 2 year fix at 1.89%, £999 product fee (added to the loan).

i'm in a similar position. they asked me for statements from my other bank account as well so i hope that means that's a good thing that they're looking further.

the wait is nerve racking!

We were asked for bank statements etc before they did the valuation so it sounds like they're reviewing the application for underwriting, which I think is good news! We were really impressed with how quick they were, considering the stamp duty holiday/COVID lockdown/Christmas and New Year closures. Time to offer is currently 21 working days according to their website if that helps, so about 4 weeks if you include weekends. 

They've been very quick to issue offer paperwork as well, our broker got her copy the same day as the offer was issued and our solicitor received hers the next day. We've not received ours yet as it's being posted so takes a bit longer, but the offer was only issued on Tuesday afternoon.

Maaxx

claireyfairy83 said:

gun_raider said:

Our LTV is 80% if that helps. We've gone for a 2 year fix at 1.89%, £999 product fee (added to the loan).

i'm in a similar position. they asked me for statements from my other bank account as well so i hope that means that's a good thing that they're looking further.

the wait is nerve racking!

We were asked for bank statements etc before they did the valuation so it sounds like they're reviewing the application for underwriting, which I think is good news! We were really impressed with how quick they were, considering the stamp duty holiday/COVID lockdown/Christmas and New Year closures. Time to offer is currently 21 working days according to their website if that helps, so about 4 weeks if you include weekends. 

They've been very quick to issue offer paperwork as well, our broker got her copy the same day as the offer was issued and our solicitor received hers the next day. We've not received ours yet as it's being posted so takes a bit longer, but the offer was only issued on Tuesday afternoon.

We are pretty much at the same stage! We just got told our valuation is booked for 3rd February so i guess we may get our offer next month.