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Virgin Money Application Timescales
vaseand
Posts: 16 Forumite
Hi,
We are FTBs applying for a mortgage with virgin via a broker. So far:
- DIP 16/1 - Full application then submitted
- Valuation undertaken - 27/01
- Broker informs us that £3000 retention ordered - 3/2
- Inform broker we want to proceed - 5/2
- Inform virgin how we will cover retention shortfall - 10/2
Since then we haven't heard anything - should the application normally take this long?
We are FTBs applying for a mortgage with virgin via a broker. So far:
- DIP 16/1 - Full application then submitted
- Valuation undertaken - 27/01
- Broker informs us that £3000 retention ordered - 3/2
- Inform broker we want to proceed - 5/2
- Inform virgin how we will cover retention shortfall - 10/2
Since then we haven't heard anything - should the application normally take this long?
0
Comments
-
Not normally, but you have a retention so its not quite a normal application.
Not hearing anything is different to it being bad news. Just be patient, but you will probably hear something tomorrow/tuesday.I am a Mortgage AdviserYou 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.0
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