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The Broker Blues Thread

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Comments

  • catieeb06
    catieeb06 Posts: 576 Forumite
    Well that was totally pointless, loads of people there but no one ready to buy for the next 12-18 months.
    I am a Mortgage Adviser
    You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it.
    This signature is here as I follow MSE's Mortgage Adviser code of conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
  • kingstreet
    kingstreet Posts: 39,335 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Last couple of weeks we've seen two threads on broker-based applications to RBS.

    I thought "RBSIP" was NatWest only and RBS was direct-only.

    Anyone clarify?
    I am a mortgage broker. You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice. Please do not send PMs asking for one-to-one-advice, or representation.
  • Fizzy11
    Fizzy11 Posts: 136 Forumite
    Ninth Anniversary 100 Posts
    We can't use RBS anymore just Nat West but BDM hasn't changed. We are AR.
  • betmunch
    betmunch Posts: 3,126 Forumite
    I thought RBS was limited distribution through selected Intermediaries.

    Could be wrong though, it was a while ago it happened.
    I am a Mortgage Adviser
    You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
  • Senior_Paper_Monitor
    Senior_Paper_Monitor Posts: 2,918 Forumite
    Part of the Furniture Combo Breaker
    We (as a TenetLIME AR) were switched to RBS at the end of '13 ....


    Which brokers will RBS IP be selling through – will it be whole of market?




    [FONT=Verdana,Verdana][FONT=Verdana,Verdana]Whilst it remains an RBS-owned business (before becoming part of Williams and Glyn’s), RBS IP will be offering its mortgages initially to only the appointed representatives (ARs) of Tenet Group and Personal Touch Financial Services. NatWest Intermediary Solutions will not be selling through the ARs of Tenet and PTFS once RBS IP launches.
    [/FONT]    [/FONT]

    ... hasn't made a great deal of difference to our lives (very little, if any, difference in products and criteria / I understand that the ratio of brokers:BDMs is improved, our new guy is excellent but so was our previous Natwest lady).
    Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam
  • Vok_2
    Vok_2 Posts: 84 Forumite
    Hi Brokers,

    I know every case is different but have you used Natwest for mortgage lately? Please what were the time scales from submission of full application for a first time buyer?

    Thank you in advance
  • ACG
    ACG Posts: 24,709 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've helped Parliament
    Its taking around 4-5 working days to look over paperwork from when its received in their office.

    As Natwest only deal by post, fac and carrier pigeon that may not be the date you gave them to the broker/in branch.
    I am a Mortgage Adviser
    You should note that this site doesn't check my status as a mortgage adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
  • Vok_2
    Vok_2 Posts: 84 Forumite
    Hi ACG, thanks for replying.

    Full application via MA 23/03/15 and documents faxed 25/03/15
  • ACG
    ACG Posts: 24,709 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've helped Parliament
    Speak to your broker then but I suspect it will be Tuesday/Wednesday before you hear anything.
    I am a Mortgage Adviser
    You should note that this site doesn't check my status as a mortgage adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
  • Vok_2
    Vok_2 Posts: 84 Forumite
    I will call broker tomorrow. But will really like get an idea of timescales from anyone that has used Natwest lately.
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