Precise Mortgages - avg time for offer

lisamelanie2

We are just going to apply to precise thru a broker. My partners credit file is great, mine not so much :-( I was in a debt management plan up until february this year I started it in jan 2006. Everything is now paid and settled and I have a default due to come off in nov 2013. Just a little nervous as our broker applied to ge money who declined our application due to my debt management plan only ending in febraury 2013 :-( so hopefully we will have a better chance with precise as we have a 31% deposit.

staceybaby1710

Hi, Precise have told us the offer is now being passed for consideration. Can anyone tell me what this means. Is there still a chance they could decline the application? Many Thanks

staceybaby1710

Hi all, received our mortgage offer yesterday. Thats 6 whole weeks since the application was submitted on 29th August. Have used Goldsmith Williams Solicitors and they have been pretty quick on their part. Phewww had the best nights sleep in months last night!!! :j

amani123

hi there im new to this forum and need help. basically our full application went in and lenders have bot issued an AIP yet but my broker told me we have been accepted and now lenders have said we need to use their solicotors. what do we do

caz241

Hi, I have been advised from a mortgage adviser precise Mortgages may look at my situation. I have looked at their web site for their criteria and it says they do not accept debt management plans. I have had a plan in the past which I came out of 2 years ago.
Has anybody had a mortgage through Precise who have been on a plan?
Also does anybody know if they will not accept you if you have finished the plan or are just currently on one.

Thank you
Caroline.