Precise Mortgages - how long from application to offer?

angievaga

Good luck both. I called for an update and they said valuation reports are taking 3 days to go to offer so late next week for us all! 🤞

KLHughes

angievaga said:

Good luck both. I called for an update and they said valuation reports are taking 3 days to go to offer so late next week for us all! 🤞

Did you ring precise or the valuation company? I really hope we have an answer by this time next week 🤞 x

angievaga

KLHughes said:

angievaga said:

Good luck both. I called for an update and they said valuation reports are taking 3 days to go to offer so late next week for us all! 🤞

Did you ring precise or the valuation company? I really hope we have an answer by this time next week 🤞 x

I rang precise. They gave me the amount that they had valued it for and advised that 3 days for them to review and 48hrs for offer so end of next week! X

helzyb

That’s good news x
i paid for the searches 2 days ago apparently they can take 3 weeks. 

Our developer wants to exchange on the 14th and complete on the 30th of June.

I so hope we all hear next week x 

KLHughes

I rang Precise 🙈 they guy seemed like he wasn’t actually listening to what I was saying. It sounded like he went outside half way through the call for a cig😂 Anyway he said the report had come back to them, and it was valued at the same price as the purchase price. He said it will now be around 4 working days for precise to review it 🤞

helzyb

KLHughes said:

I rang Precise 🙈 they guy seemed like he wasn’t actually listening to what I was saying. It sounded like he went outside half way through the call for a cig😂 Anyway he said the report had come back to them, and it was valued at the same price as the purchase price. He said it will now be around 4 working days for precise to review it 🤞

Brilliant news! I wish I’d phoned them too 😂
I will defo phone them Monday x 

KLHughes

helzyb said:

KLHughes said:

I rang Precise 🙈 they guy seemed like he wasn’t actually listening to what I was saying. It sounded like he went outside half way through the call for a cig😂 Anyway he said the report had come back to them, and it was valued at the same price as the purchase price. He said it will now be around 4 working days for precise to review it 🤞

Brilliant news! I wish I’d phoned them too 😂
I will defo phone them Monday x 

I rang my solicitors to see how they are getting on and it turns out they haven’t started anything yet because they had apparently not received the ATP documents from help to buy. I know they did because I was copied into the email🤦‍♀️ So thats gonna delay exchanging contracts but I don’t think Gleeson Homes will mind if they can see the mortgage offer is done by the exchange date 🤞 Our exchange date is 31st may but that is 100% not gonna happen, we were a week behind with out mortgage application because of an error of gleesons so hoping that works in our favour x

pantheamoon

We lost our buyer, absolutely devastated.  Next option is to buy his ex out but will need to see if we can borrow 10k more.  I'm so fed up 😔  

Melandpaul

Keep your chin up.. its rare buying a house ever is smooth sailing.. most people experience these bumps in road.. speak to your broker when available these would of dealt with situations like yours.. wishing you luck I'm sure your broker will have the answers on best way to move forward.

helzyb

Really sorry to hear that. Houses are selling quickly.... you could potentially get a new buyer fairly quickly x