Mortgage application with Precise Mortages

Nila_2

Hi,

I have a valuation booked for this Wednesday. do they let us know straight away with the valuation?

Also, as I am buying the house from my mum, does she also need to get a solicitor for herself?

stephenni1971

Nila wrote: »

Hi,

I have a valuation booked for this Wednesday. do they let us know straight away with the valuation?

Also, as I am buying the house from my mum, does she also need to get a solicitor for herself?

Why exactly have you got a broker if you come on here asking all these questions?

They will be earning a fee or taking a proc fee from the lender for doing the work so maybe you should make them earn it and ask them?

Dave_Ham

Hi there,


Of course Mum will need a solicitor, but given your level of understanding and the previous issues raised regarding deposit I really think you need have a long, hard chat with your broker..


Good luck

amnblog

NILA


Please, please, check with your broker BEFORE your money is spent on the valuation.


Precise Mortgages do not accept:


Family gift (if the property is being purchased from a family member)


nor


Purchase from family at a discounted price

Savvysally19

Hi we are in the process of an application with precise mortgages. We had the DIP and then submitted the full application. Our valuation is being done on Wednesday (7th) January. I just wondered whether the fact that our application has reached this stage what the chances will be of us securing an offer. The property is being purchased at the market value and we secured it for £10,000 under the asking price. We are 3 and a half years on from adverse credit (2 defaults and some late payments, all satisfied) and have a 15% deposit. Both our credit files are excellent and we have nothing on credit cards or loans. Thank you

ACG

Sounds like your pretty much home and dry in terms of the mortgage.

Savvysally19

thanks. fingers crossed, need to see it in black and white. :-)