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Santander - FAST mortgage offer !!!

BTL mortgage 75% of £420k
my credit rating is like platinum -never issues
Applied for about 2 weeks ago. Agreed subject to valuation within 48 hours. 
Valuation THIS MORNING 
Text to say offer issued THIS AFTERNOON ! 
Wow 

Comments

  • dimbo61
    dimbo61 Posts: 13,727 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Lots of money to lend 
    25%deposit and clean credit history plus £60,000/70,000 income 
  • Wow that is super quick. Hoping mines
    is the same. But we are 85% LTV so I’d expect it to be a bit longer than yours! 
  • My application with 75% LTV went in today. Fingers crossed. 
  • Densol said:
    BTL mortgage 75% of £420k
    my credit rating is like platinum -never issues
    Applied for about 2 weeks ago. Agreed subject to valuation within 48 hours. 
    Valuation THIS MORNING 
    Text to say offer issued THIS AFTERNOON ! 
    Wow 
    Did you get many text updates from Santander? 
  • Densol said:
    BTL mortgage 75% of £420k
    my credit rating is like platinum -never issues
    Applied for about 2 weeks ago. Agreed subject to valuation within 48 hours. 
    Valuation THIS MORNING 
    Text to say offer issued THIS AFTERNOON ! 
    Wow 
    Did you get many text updates from Santander? 
    On day the application was considered - text to confirm application and soft search on credit file
    then today with mortgage offer by text 
  • Cool thank you. Hoping ours is a quick turnaround. Nothing on my Experian credit file yet. 
  • @hannah2283 have you heard anything further ?
  • @hannah2283 have you heard anything further ?
    I haven’t no. I’m assuming that no news is good news etc...
  • amnblog
    amnblog Posts: 12,771 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Santander applications function like a rifle barrel.
    Incredible if it doesn’t touch the sides, horrendous if it does.
    I am a Mortgage Broker

    You should note that this site doesn't check my status as a Mortgage Broker, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
  • sam121285
    sam121285 Posts: 34 Forumite
    Eighth Anniversary 10 Posts Combo Breaker
    We had the same with Halifax. Offer less than 24 hours after application. Consider ourselves very lucky when reading some of the stories on here! 
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