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mortgage application

Can someone please advise on the average length of time a mortgage application takes. We have been approved on principle and have paid the valuation fee up till now (solicitor is also in place) Thanks x:beer:
Never look back if you want to move forwards

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Comments

  • JoeK_3
    JoeK_3 Posts: 1,374 Forumite
    The whole process can be completed in a matter of weeks.

    If you are buying and you are not in a chain, it can take around four weeks but sometimes this process is slowed down by problems in the chain.

    JoeK
    I am an Independent Financial Adviser.
    Anything posted on this forum is for discussion purposes only. It should not be considered financial advice. Different people have different needs and what is right for one person may be different for another. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser who can advise you after finding out more about your situation.
  • kacy75
    kacy75 Posts: 175 Forumite
    Theres no chain as the sellers have already completed on their home but we havent had the mortgage actually accepted yet just in priciple and im on nerves about it cos i really want the house
    Never look back if you want to move forwards

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  • JoeK_3
    JoeK_3 Posts: 1,374 Forumite
    Give them a ring and ask for a progress report.

    JoeK
    I am an Independent Financial Adviser.
    Anything posted on this forum is for discussion purposes only. It should not be considered financial advice. Different people have different needs and what is right for one person may be different for another. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser who can advise you after finding out more about your situation.
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