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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: 12,764 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.
  • 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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