To get a mortgage from Santander, you need a wide variety of documents You need your application reference number, which was emailed to you to continue your decision in principle. Or if you`ve already completed it, you can now apply online. In this short guide we will get the Santander mortgage in principle process and the documents you need if you have a Santander mortgage in principle. Do not include rent, base rent or service charges in the agreement in principle, as we will ask for it later if you arrive at the full mortgage application. A Santander mortgage in principle or Santander`s decision in principle is essentially Santander`s confirmation that they may be able to grant you loans based on the information you have just provided them. It will also provide the amount that Santander may be willing to lend to you. If you are not sure if you are in principle qualifying for a Santander mortgage, then you should use Santander`s mortgage first accessibility calculator to try to get a clue. You can also talk to a whole market of mortgages that may have some experience if Santander can grant you loans or offer you a decision in principle. There are many other reasons why a Santander mortgage could in principle be withdrawn or could not necessarily serve as a full guarantee that you will be able to obtain a Santander mortgage. A Santander mortgage in principle usually takes 60 days, but you may be able to get an extension to this by requesting one from Santander. You may in principle need an extension of your Santander mortgage if you are buying a new off-plan building property that is not yet complete. In these cases, there are usually delays when the property will finally be available and Santander will not want to make you a fixed mortgage offer if your property is not rewarding, as it simply cannot proceed with a fixed and definitive valuation of the real estate if the property is not complete. If you want to get a Santander mortgage in principle, you should also consider the many government systems for first-time buyers and homeowners that can help you access real estate managers.
Most mortgage lenders now offer a mortgage in principle check with flexible credit reviews, so you will be able to find other mortgage lenders that can lend you. Getting a Santander mortgage in principle, does not guarantee that you will receive a fixed mortgage offer. In some cases, Santander may refuse you if you are applying for a fixed offer for Santander, as your circumstances have changed during this period or perhaps the property you want to buy at the end goes beyond the type of property that Santander may be willing to offer, or you may want to offer a larger mortgage and that Santander cannot offer you that the loans are valued on their mortgage products. If you apply for a Santander mortgage in principle, Santander will mainly look at the following 5 things. According to the agreement in principle, the data relating to Santander`s file is kept and valid for 90 days. Call Trinity Financial on 020 7016 0790 to get a soft fingerprint agreement in principle If you know you want to apply for your mortgage in the store, you must book an appointment and make your decision in principle at the same time.