Fastest mortgage application lender - Advice/info please

mrsjanejane

Hi,

I am buying a repossessed property and I need to a lender that is going to be swift on instructing the survey and with thei paperwork as I need to complete in 28days. I have not put my new offer in but I know that they will accept it based on previous offers. I rang a broker today and she said that some lenders don't move that quick.

I also rang Charcoal and they said that it can be done as they do their own surveys,

Any information would be appreciated.

Thank you

Dan_1976

Halifax will be fastest if you fit. I would say use a broker also.

Dont use the Woolwich!!

koexelek

Dan_1976 wrote: »

Halifax will be fastest if you fit. I would say use a broker also.

Dont use the Woolwich!!

I'll second that about Woolwich :eek:

C & G were nearly as bad a few months back.

Most of the HBOS lenders ( Halifax, Intelligent Finance, BM Solutions, Bank of Scotland) are pretty quick. Abbey are usually pretty reliable too

sarkin

Abbeys services levels are always high. Make sure you get a broker to do this job, dont rely on the branch adviser.

_Andy_

Agreed with the above. I always found Abbey and Halifax fastest. Woolwich and C&G dire.
Also you need to ensure you have a solicitor who's on the ball.

minimike2

sarkin wrote: »

Abbeys services levels are always high. Make sure you get a broker to do this job, dont rely on the branch adviser.

Are you joking?

Do you not remember back earlier in the year when they were takign 4 week to instruct valuations and turned off the phones at the service centres?

mrsjanejane

What are Newcaste like or Market Harbrough for speed as they have a good fixed rate at the moment.

gil13

MHBS are usually excellant

jill2002

Sorry Sarkin, I have to disagree. Going directly to an Abbey branch has to be quicker than a broker. The application is approved there and then and the valuation request is input immediately, then normally organised within 24 hours, offer issued 24/48 hours after valuation done. So solicitors can certainly get the offer to work on within a week.

Dan_1976

Abbey's service is a myth, upi forget about it because they do things others wont!

Halifax are the fastest by a long way.

minimike2

Dan_1976 wrote: »

Abbey's service is a myth, upi forget about it because they do things others wont!

Halifax are the fastest by a long way*.

*If you get an A or B pass credit score. C or D cases can take weeks to get to offer.



You could argue that Woolwich are fastest.....as if you pass fast track criteria and the system can produce a valid AVM then the offer is processed the same day........

But we all know that Woolwich service is terrible.