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HOLY BATMAN - Paperwork signed/Survey completed/Mortgage given in 10 minutes
gimpymoo
Posts: 109 Forumite
I am GOBSMACKED.
I went into my brokers this morning to what I thought was sign some paperwork for the mortgage.
Within 10 minutes, the forms were completed and the lender had done an "Electronic Survey" and approved the mortgage.
A few more details entered and mortgage was given.
HOOOOORAH
FTB and have to say, I am VERY impressed.
If the solicitors and vendor can be equally as quick.... is a move within 4 weeks on the cards? - LOL
I went into my brokers this morning to what I thought was sign some paperwork for the mortgage.
Within 10 minutes, the forms were completed and the lender had done an "Electronic Survey" and approved the mortgage.
A few more details entered and mortgage was given.
HOOOOORAH
FTB and have to say, I am VERY impressed.
If the solicitors and vendor can be equally as quick.... is a move within 4 weeks on the cards? - LOL
0
Comments
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That's great.
Give your sol a quick call and ask realistically what they think your move date could be - this will give you an idea (remember, it's an estimate though so don't book the moving van just yet
) Love MSE, Las Vegas and chocolate!0 -
Doesn't take long does it. Makes you wonder why they are so desperate to lend you all that cash.0
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Electronic survey huh?
are you going to have ahome buyers survey done yourself to check the property?0 -
We will be having a Homebuyers survey completed on the property.
The sheer quickness of the lenders was amazing.
No physical survey made it so much quicker.. 10/10 for service so far.0 -
Who's your mortgage company then?
I don't understand how you can get a mortgage that way. Didn't you have to produce proof of address and pay slips?
And how can an electronic survey/valuation be done on a property that hasn't been seen.
Sorry I just don't understand. We applied for our mortage a week and a half ago and still no word on any valuations and surveys.0 -
We had allready been to see the broker a few days before to furnish him with the relevant ID. He then went looking for a Mortgage for us and called us the next working day to say "Yep, got this mortgage for you" can you come in and sign some paperwork.
Tried to find a link relating to the software/systems used.
Maybe one of the brokers could help?
The lender was GMAC.
I assume they have software which checks an online database of current/previous house prices in your area to see if yours is worth what your offering.
Im not complaining.... TOP MARKS TO THEM SO FAR FOR THEIR SERVICE.0
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