Precise Mortgages - how long from application to offer?

edited 30 November -1 at 1:00AM in Mortgages & Endowments
1.9K replies 264.1K views
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  • LuckyfinnLuckyfinn Forumite
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    Seventh Anniversary Name Dropper First Post Combo Breaker
    MoneySaving Newbie
    I would presume so! 
  • angievagaangievaga Forumite
    29 Posts
    10 Posts Name Dropper
    Update today is that it is 3 working days for them to request what documentation they want. In the meantime they will request valuation or if broker has asked, they will wait fir docs. It is then 4 days to review papers. 
  • helzybhelzyb Forumite
    85 Posts
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    We had a call this morning from the broker today they said it’s 8 days to review documents! I hope they have over estimated x 
  • angievagaangievaga Forumite
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    10 Posts Name Dropper
    I spoke directly to Precise, so friendly and explained the process to me. I think they are over estimating, precise website says 3 days to review application and then 4 days for extra documents! 
    What stage are you at? 
  • WooLucyWooWooLucyWoo Forumite
    15 Posts
    10 Posts
    They told us 9 days but we had our offer back within 3 after their last set of questions 
  • angievagaangievaga Forumite
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    @WooLucyWoo when did you get your offer?  Congratulations
  • WooLucyWooWooLucyWoo Forumite
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    10 Posts
    A couple of weeks ago, hopefully completing next week 
  • helzybhelzyb Forumite
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    We only submitted on Friday!!! I can’t cope with the wait.... what about you?
    I think maybe they just over estimating so I don’t ring them haha.....
  • angievagaangievaga Forumite
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    10 Posts Name Dropper
    @helzyb we submitted on Thursday so you should have initial questions by end of Thursday. It’s so stressful! X
  • helzybhelzyb Forumite
    85 Posts
    Sixth Anniversary 10 Posts Combo Breaker
    It’s so scary is nt it x It’s like life is on hold until we know I’m excited but then don’t want to be! 
    Have you had your questions yet or are you hoping that will be tomorrow x  Let me know what they say please x 

    I can see on Experian they did initial credit check on Friday so at least I know they have it x 
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