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Precise Mortgages - how long from application to offer?

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  • just a little update from us, precise have just requested another letter from work confirming my wage and hours upon my return to work in a few weeks so hopefully this is the last request. MA confirmed valuation is all ok. Fingers crossed won’t be much longer! It’s be a tough 6 weeks already 😬. 

    Congrats to those who have got their mortgage offers 🏡. 
  • _AandL_
    _AandL_ Posts: 88 Forumite
    10 Posts First Anniversary Name Dropper
    We’re on week 5 so just behind you. We’re still getting the questions and requests for documents. Hard to believe they have anything else to ask!
    hope you get good news soon! 
  • It’s a tough slog isn’t it 😩. The annoying thing is they have already had the document twice and each time they have returned it and said it needed to have this that and the other so hopefully third time lucky! It’s taking about a week each time something is submitted and I’m chasing my broker every day after the 3rd day just to try and push it. Hope you get some good news soon 🤞. 
  • Some progress - nine days since our last correspondence with Precise and the status on our application has changed to valuation booked!!!! Its took us 21 days to get from initial application to this - Hopefully valuation next week and mortgage offer not long after - fingers crossed
  • _AandL_
    _AandL_ Posts: 88 Forumite
    10 Posts First Anniversary Name Dropper
    Some progress - nine days since our last correspondence with Precise and the status on our application has changed to valuation booked!!!! Its took us 21 days to get from initial application to this - Hopefully valuation next week and mortgage offer not long after - fingers crossed
    Did you say you got the Seiss grant in dec? Did they get funny with that? 
  • Finally got our mortgage offer today 🎉🎉🎉🎉🎉 originally applied on 5th feb, valuation done Thursday offer  today
  • gemstar28
    gemstar28 Posts: 30 Forumite
    Part of the Furniture 10 Posts Combo Breaker
    Finally got our mortgage offer today 🎉🎉🎉🎉🎉 originally applied on 5th feb, valuation done Thursday offer  today
    Brilliant ... congratulations!
    Our application went in on 11 Feb, valuation was Friday so maybe just maybe we will hear tomorrow 🙏🏻🙏🏻
  • Finally got our mortgage offer today 🎉🎉🎉🎉🎉 originally applied on 5th feb, valuation done Thursday offer  today
    Massive congratulations! What a relief for you! Hoping we won’t be further behind. Questions have stopped and the full amount we are asking for is available
    they are just waiting for a letter from work! Enjoy your new home 🏡! So chuffed for you! 
  • _AandL_
    _AandL_ Posts: 88 Forumite
    10 Posts First Anniversary Name Dropper
    We unfortunately got our offer declined today based on my income. 6 weeks for this 😠
  • Ecnubc
    Ecnubc Posts: 30 Forumite
    10 Posts Name Dropper
    Woooo! Congratulations guys! Our valuation was done on Thursday. Fingers crossed we will hear soon! @_AandL_ so sorry to hear 😩 did they say why? 
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