RP
Rory P

1 reviews | Active since Oct 2016

29 Apr 2026, 15:14

One minute the Home loan is approved, the next minute its not

Made an application for a home loan with standard bank as i bank with them. received a reference they gave me a pre approval and arranged for assessor to view the property. Assessor viewed the property on 07th of april and i was told on the 8th of April it was approved and was sent the Quotation to accept. i accepted on the 9th of April and received an SMS confirming i had accepted the offer and attorneys would be notified. i hadnt heard any thing since so decided to do a follow up on tuesday the 14th of April only for me to be told the Home loan had been declined. i was not notified on mail, no sms or phone calls advising me and here i am preparing to begin the process of getting everything i needed for the home only fo this to happen. it was only the following day on the 15th i managed to get through to someone who advise me the home loan was declined based off the property approved plans not being registered at the title deeds office which i was not informed off what could be done about it or whether the sellers could do anything that could change this. and up until now i have received no communication in writing on the reasons it was declined which i not only find unprofessional but disrespectful. even the so called "assigned" banker who i sent an email asking for assistance has not responded since. even though they gave me very competitive interest rate i will be taking my business elsewhere in view of the way they seem to disregard communication on their whim and fancy, i actually am considering changing my account to where i will actually get feedback and assistance when its needed. highly frustrated that this has left a sour taste in the mouth with the experience received

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Replies (1)
Standard Bank
Standard Bank's reply29 Apr 2026, 16:24
Official
Dear Rory 

Thank you for bringing this issue to our attention. 

As Standard Bank, we are committed to providing you with the best possible service and will ensure that this issue is taken care of. 

We sincerely apologize for any inconvenience or unwarranted frustration this has given you

Kindest regards
Standard Bank Hello Peter Team 
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