Application submitted today!...TSB

jazzyja

I cant stop thinking about it! Application was submitted and hard search on file approx 2 hours later! Does anyone know approx how long they're taking at the minute? Is anyone else waiting to hear?? I'm a single applicant, FTB, 90%LTV
offer was accepted 19th May, DIP 20th May. Fingers and toes crossed! 🙈

K_S

Here are their published service level averages
https://intermediary.tsb.co.uk/#stats

jazzyja

K_S said:

Here are their published service level averages
https://intermediary.tsb.co.uk/#stats

Underwriting 2 days?! Really?? 

snazzlebee

Here’s my TSB timeline. I’m sure every case is very different, but I’d say they were fairly quick. 

April 19 - application submitted
April 20 - valuation scheduled for April 26 
April 30 - found out valuation had been postponed until May 12
May 12 - valuation carried out, confirmation from broker that evening that mortgage was approved 

alipops1986

I hope TSB are swift for us. 
Application submitted 17/05
Valuation booked for 28/05  (could have been quicker but new build sales assistant not available until this date)
Fingers crossed we hear back quickly!

jazzyja

snazzlebee said:

Here’s my TSB timeline. I’m sure every case is very different, but I’d say they were fairly quick. 

April 19 - application submitted
April 20 - valuation scheduled for April 26 
April 30 - found out valuation had been postponed until May 12
May 12 - valuation carried out, confirmation from broker that evening that mortgage was approved 

Does the valuation come after the underwriter has approved? 
Congratulations 

jazzyja

alipops1986 said:

I hope TSB are swift for us. 
Application submitted 17/05
Valuation booked for 28/05  (could have been quicker but new build sales assistant not available until this date)
Fingers crossed we hear back quickly!

Ahh good luck!! 

snazzlebee

jazzyja said:

snazzlebee said:

Here’s my TSB timeline. I’m sure every case is very different, but I’d say they were fairly quick. 

April 19 - application submitted
April 20 - valuation scheduled for April 26 
April 30 - found out valuation had been postponed until May 12
May 12 - valuation carried out, confirmation from broker that evening that mortgage was approved 

Does the valuation come after the underwriter has approved? 
Congratulations 

I assumed the underwriting happened first, since the valuation and the approval came through on the same day. Don’t know for sure though. 

summergirl40

Ours only took a couple of days last week hard search carried out on the Monday, a couple of queries on the Wednesday we had the offer on the Thursday. Very quick 

summergirl40

We went through a broker 

jazzyja

gina30 said:

Ours only took a couple of days last week hard search carried out on the Monday, a couple of queries on the Wednesday we had the offer on the Thursday. Very quick 

That's so good! I hope mine is as quick! 🤞 congrats