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Aldermore offers

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Hi has anyone had any offers from aldermore recently we are still waiting our mortgage was sent to final decision on the 19th and our estate agent wants answers to when it will be as we are buying a reposession all our final documents were sent to them on the 11th of august
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  • I recently got mine 4 weeks ago. It took 4 weeks from when our broker submitted full app. At first we were told 2 weeks but then it went to four.

    Apart from the wait gotta say they happened to be spot on!
  • betmunch
    betmunch Posts: 3,126 Forumite
    Last I checked it was 18 working days from being sent to offer to actually being offered.

    Why use Aldermore when buying a repo, its a very time sensitive purchase, didnt you have any other options?
    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.
  • ACG
    ACG Posts: 24,558 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've helped Parliament
    Ive had 1 through this morning.

    Got another in the queue but not expecting anything until the 2nd week in September.
    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.
  • Willis14
    Willis14 Posts: 31 Forumite
    We used aldermore as they were a better rate for us and we wernt buying a repo at first we have had a response from them and its is 18 day we were told it would be the 12th of september which is another 2 weeks of stress
  • Willis14
    Willis14 Posts: 31 Forumite
    Well another 10 days so lets hope the estate agents will wait for us
  • Actual
    Actual Posts: 15 Forumite
    We've just received our offer from Aldermore. Pleasantly surprised, we were expecting 4-5 weeks and received the full offer in less than 3 weeks.
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Willis14 wrote: »
    Well another 10 days so lets hope the estate agents will wait for us

    Not the estate agents that control the strings. It's the bank.
  • Willis14
    Willis14 Posts: 31 Forumite
    Yes i no same thing
  • Give Aldermore a call their very friendly people, I called them 1 week after i did full application and they girl said she will try and get a update for me, 10mins later call back telling me offer was in the post,

    Just say your calling to check everything is in order and if there is anything else they need.
  • Willis14
    Willis14 Posts: 31 Forumite
    edited 7 September 2014 at 10:57AM
    Didnt want to bother them when its our broker who has been dealing with them i had this reply forward on from broker
    Dear

    Further to our conversation I can confirm that this case is due to be processed around the 12th September. The case was placed in the queue on the 19th August and is currently sat within our service level of 18 working days.


    Mortgage Processing

    So im guessing offer wouldnt be any sooner than this date
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