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Precise Mortgages - how long from application to offer?
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Our full application went in yesterday . I’ve been set a mortgage illustrated now . Is this a good sign ?0
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sam791 said:Our full application went in yesterday . I’ve been set a mortgage illustrated now . Is this a good sign ?0
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Hi guys. After some advice as this is such an anxious process.Submitted full application following DIP on Tuesday.
Broker emailed this morning providing valuation report (all good) and Precise have queried a large transaction paid into my account (sold my car) and if I could provide explanation as to what it relates to. Replied this morning explaining it was the sale of my old car which I can prove if needs be.
Can someone confirm how much longer I should wait for full offer? Nail biting stuff!0 -
sutts2 said:Hi guys. After some advice as this is such an anxious process.Submitted full application following DIP on Tuesday.
Broker emailed this morning providing valuation report (all good) and Precise have queried a large transaction paid into my account (sold my car) and if I could provide explanation as to what it relates to. Replied this morning explaining it was the sale of my old car which I can prove if needs be.
Can someone confirm how much longer I should wait for full offer? Nail biting stuff!In theory it does state on precise website that they review stuff within 1 working day, but from my personal experiance at the moment it takes nearly a week from upload to their response. So be patient and prepare for the week. It is very stressful to wait and not knowing whats coming next.Once they have everything they want and valuation is all good, you can expect some searches being done on you once again to check of circumstances changed and offer within few days. I know some people saying that its been issued the next day but i do prefer to be realistic and to be prepared to wait few days at least.Btw: congratulations on your valuation!hopefully very soon you will be able to get that champagne bottle opened
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freedom010 said:sutts2 said:Hi guys. After some advice as this is such an anxious process.Submitted full application following DIP on Tuesday.
Broker emailed this morning providing valuation report (all good) and Precise have queried a large transaction paid into my account (sold my car) and if I could provide explanation as to what it relates to. Replied this morning explaining it was the sale of my old car which I can prove if needs be.
Can someone confirm how much longer I should wait for full offer? Nail biting stuff!In theory it does state on precise website that they review stuff within 1 working day, but from my personal experiance at the moment it takes nearly a week from upload to their response. So be patient and prepare for the week. It is very stressful to wait and not knowing whats coming next.Once they have everything they want and valuation is all good, you can expect some searches being done on you once again to check of circumstances changed and offer within few days. I know some people saying that its been issued the next day but i do prefer to be realistic and to be prepared to wait few days at least.Btw: congratulations on your valuation!hopefully very soon you will be able to get that champagne bottle opened
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Our full application is now in, and all documents that they should need are in (hopefully!)
How long does it take for them to do the valuation?0 -
sarcal3813 said:Our full application is now in, and all documents that they should need are in (hopefully!)
How long does it take for them to do the valuation?0 -
Application went in Wednesday. Valuation booked Monday . Is having the valuation a good sign or just part of the process ?0
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How did you all know when the valuation is? I haven’t heard anything yet0
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sarcal3813 said:How did you all know when the valuation is? I haven’t heard anything yet1
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