We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Clydesdale mortgage in principle
Options
wessexw
Posts: 224 Forumite
Does anyone have any experience in Clydesdale mortgages? I'm sorting a mortgage through a broker at the moment and decided to take up a Clydesdale mortgage. However the broker told me that it's Clydesdales policy not to do Agreements in Principle, can anyone verfiy this? The broker told me that I've been run past their underwriter that the underwriter said that I should be ok, but they don't do AIPs. How can I put an offer on a property without an AIP?!
0
Comments
-
Nobody has any experience with Clydesdale?0
-
Over a year late replying (!), but this is still the case. Their underwriting process is manual and they don't offer AIP. Apparently they do all the initial underwriting (bank statements, affordability, valuation survey etc.) first, then do the credit check last. Seems insane.
Did you get your mortgage approved? If so, did it take a long time? I've been told to expect a 4 week turnaround from application to offer.
Does anybody have any experience of Clydesdale?0 -
We have a Clydesdale Bank mortgage. Process was very smooth and sorted out very quickly, from what I can remember.Getting married to a wonderful lady on August 10, 2012.
Need to save up, lose weight, reduce my money worries and get back to being the real me! :j0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 350.9K Banking & Borrowing
- 253.1K Reduce Debt & Boost Income
- 453.5K Spending & Discounts
- 243.9K Work, Benefits & Business
- 598.8K Mortgages, Homes & Bills
- 176.9K Life & Family
- 257.2K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards