Buyers Mortgage with Underwriters

ma9gm

Hi,


We accepted an offer on our house. The mortgage was applied for, and agreed in principle. The survey was done, and last week Thursday, we were told the mortgage had all been fully agreed, and the documents have been sent to the solicitors. I rang today (Wednesday) to see how things were going, and I was told the mortgage was now with the underwriters! Is that even possible? Or has the estate agent lied to me last week?

Thrugelmir

ma9gm wrote: »

Or has the estate agent lied to me last week?

How would the EA know any different. I would direct your frustration at the buyers. Though little point as there's some considerable way to go in the entire process yet. A lot of which is totally out your control.

Mithos

Large Estate Agents without being assigned a Case Manager basically mean whoever picks up the phone when you ring just reads notes left by others. It's all a bit like Chinese whispers at times!

However lets assume what you've been told is all correct. It's perfectly possible the Mortgage was Approved and the offer sent to the Solicitors, but they then spotted a mistake or took issue with something so had to send it back to the Lender.

ma9gm

Ah, that makes sense. Maybe something needing updating with the application. Hopefully I'll hear more tomorrow and there isn't anything to worry about!!