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is this normal for a remortgage?

Hi

I applied for a remortgage last week, had text to say valuation is being done today, had text saying solicitors had been instructed etc. Had email asking all sorts of questions, answered them all. Have now had a document to send back with copies of passports mortgage deed etc. But I haven't had an offical offer? only a dip? Is this normal? seems very good and quick and I'm really really pleased with the service but it seems a bit odd that we coud get turned down yet?

Thanks

bee

Comments

  • kingstreet
    kingstreet Posts: 39,418 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    The process is;-

    key facts illustration

    decision in principle

    full application

    mortgage offer.

    You don't get a mortgage offer until after the necessary checks have been completed.
    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.
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    BLUEBIE wrote: »
    but it seems a bit odd that we coud get turned down yet?


    Until all due process is complete and you receive an offer. There's no guarantee.
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