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Letter from Leeds BS

jls85
Posts: 87 Forumite

Hi all,
I have submitted my full mortgage offer to Leeds BS, and I've received a letter today which I'm hoping is a good sign but it doesn't seem to say much. It says:
'Thank you for your recent application. I confirm that the society has carried out an initial assessment and we are currently liaising with your introducer to advise of any outstanding requirements in order that a mortgage offer can be produced ASAP. This mortgage offer will be sent to you and to your introducer as soon as it is available. Call your broker/us if you have any questions. Your home may be repossessed if...'
Is this a good sign that I've got past the initial assessment part? Or is this more just a confirmation that they've received my app?
It doesn't seem to be too clear to me (could be a classic case of operator error though!). The broker has had no request for extra info yet either.
Thanks!
I have submitted my full mortgage offer to Leeds BS, and I've received a letter today which I'm hoping is a good sign but it doesn't seem to say much. It says:
'Thank you for your recent application. I confirm that the society has carried out an initial assessment and we are currently liaising with your introducer to advise of any outstanding requirements in order that a mortgage offer can be produced ASAP. This mortgage offer will be sent to you and to your introducer as soon as it is available. Call your broker/us if you have any questions. Your home may be repossessed if...'
Is this a good sign that I've got past the initial assessment part? Or is this more just a confirmation that they've received my app?
It doesn't seem to be too clear to me (could be a classic case of operator error though!). The broker has had no request for extra info yet either.
Thanks!
0
Comments
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we are currently liaising with your introducer to advise of any outstanding requirements in order that a mortgage offer can be produced
In progress............0 -
It is a classic Lender's method of 'providing regular updates' by talking nonsense, saying nothing, and causing confusion.
Ignore all updates sent by the Lender and refer to your broker to update you.I am a Mortgage Broker
You should note that this site doesn't check my status as a Mortgage Broker, 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.0
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