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If mortgage lender is doing valuation, can we assume we've got it?
gcorking
Posts: 26 Forumite
A lot has happened in a week! We went with a mortgage broker who has managed to get us with Abby National, we've passed the credit checks and the underwriter has just asked for our last 3 months payslips.
We were informed that the valuation is set to take place tomorrow, so does this mean we've basically got it – depending on the valuation?
I know the valuation is free so I'm not sure if they'd do it and then pull out of the offer.
Any experience with this? Cheers!
We were informed that the valuation is set to take place tomorrow, so does this mean we've basically got it – depending on the valuation?
I know the valuation is free so I'm not sure if they'd do it and then pull out of the offer.
Any experience with this? Cheers!
0
Comments
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It should be alright, but until you know your offer has been issued you should not be doing any fowl mathematics.
It doesn't take long to get confirmation of the offer; so why not just view no news as good news and wait for the outcome?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.0 -
Good point, we're a little bit giddy as it's our first home.0
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