How long with underwriters?

impish

Hello,
Just wondering what the least amount of time your mortgage application was with the underwriters (if at all?)

I have applied to my current mortgage providers (NWB) and added my partner, so its now a joint application. Having just called them they informed me that it was not on the system yet. Okay so it has only been 2 days but I am going crazy....

Thanks:rotfl::rotfl::rotfl:

Senior_Paper_Monitor

48 hours to apply documments to an application file is pretty standard. This will then be checked (another 24 - 48 hours in most cases) and if the application and supporting docs are complete they will be placed in the underwriting queue and guess what ? Yup, another 24 - 48 hours. Then they book the valuation and await the response - 4/5 days ? Then back in the underwriting queue !

The actual process and time scales varies by lender - but above is pretty indicative on a simple case/average lender on a good day !

If you are with Accord or Clydesdale (and others) please expect considerably longer at the moment.

I suggest you chill out and wait for the pub to open at 5.30 !

kingstreet

For what are you applying to NatWest?

Transfer of equity?
Purchase?

A T of E is dealt with by a different unit to a new purchase application so that may take longer than a new application.