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How long generally before the mortgage ready to drawdown.
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lilyann1
Posts: 514 Forumite
A friend has had her mortgage agreed in principle and has been told that the mortgage forms will take a round 4-6 weeks to process. Is that about right?
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All depends on the mortgage lender. If the lender has a large backlog, then will take longer to getting around to processing new mortgages...0
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who is the lender? has friend gone direct or through a broker? is it a purchase or a remortgage?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.0 -
Nationwide b/soc and its for a purchase0
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