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Woolwich and/or broker being far too slow. Any advice?

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  • herbiesjp
    herbiesjp Posts: 8,499 Forumite
    carpii wrote: »
    Thanks for the response, but do you have any specific recommendations on lenders who tend to be a cut above the rest when it comes to processing applications?

    If you'd told me "plenty of lenders are efficient" before I started looking for a mortgage, I think I still would have gone for Woolwich anyway, assuming they were included in your group of plenty :o

    Due to family circumstances I really cant afford another lender spending 8 weeks on 'due diligence' only to turn round and reject it, especially as if they look at my income over the past 3 years, and the deposit, the mortgage really is a no-brainer in terms of risk

    Thanks

    Unfortunately it will depend on two things:

    1) Your exact circumstances
    2) Current lender service levels

    So whilst last week lender A may have been good, this week they may be bad due to withdrawing a deal and becoming overwhelmed by applications.

    It is not an exact science, as things are constantly changing

    However, Woolwich have always had a poor reputation for servicing and processing
    I am a Mortgage Adviser
    You should note that this site doesn't check my status as a Mortgage Adviser, 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.
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