waiting for mortgage offer from tsb

maria000_2

Hi all,
Im waiting for a mortgage offer from tsb, they've done the valuation yesterday. does anyone know how long it takes to get a reply from them with an offer?????? anyone else on the same boat as me????
:money:

TakeItAsRed

Maria - i waited 3 days for the broker to tell me the offer was on its way following the valuation. 2 days later it arrived via FAX to the broker. Full offer i received about 3 days later in the post.

maria000_2

Oh thankyou takeitasred....the wait is killing me, really excited!!!!

TakeItAsRed

i know the feeling - but as long as valuation is ok, i am sure you will be fine.

derelyth

Interesting to know, our Val is booked for Friday - we just want to move in!

maria000_2

hahaha same here.... but i think its still gonna be a lil while before we can do this.
im waiting for the mortgage offer and then will book a full survey before i can proceed with the purchase.

maria000_2

derelyth wrote: »

Interesting to know, our Val is booked for Friday - we just want to move in!

which lender are you using?

derelyth

Nationwide via a Broker. DIP Approved received last night, Val booked this morning, further paperwork (statements etc) requested today which I'll provide tomorrow.

We're FTBs and even though I work for a commercial specialist lender (albeit on the Internal Services side so nothing to do with the mortgage process) it's still nerve-wracking!

maria000_2

Wow your process seems to be going really quickly. Good luck with it.
My mortgage process is going at a very slow pace.
i know what you mean ... i keep on checking on my phone to see for any updates.
do you know how long it would take after getting the mortgage offer to getting the keys????

derelyth

From now up to Exchange is the slowest I believe as it's this point where the Underwriters will explore the case and all evidence provided.

We have some cases complete in 4 weeks (though again, this is commercial and in those cases repeat borrowers) anything up to 3 months is normal.

We had one case which took just under 2 years apparently - though I've no idea why!!

maria000_2

Lol I hope that our mortgage process doesn't take that long