Precise Mortgages - how long from application to offer?
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We're currently in such a pickle with Precise, after 3 offers and them revaluing the house each time even after our original valuation, we waited for nearly 2 weeks for our final offer but because of technical issues in their side, they couldn't produce the offer. We now have our final offer and the expiry date is Tuesday. We still haven't received the acceptance forms and they say we have to complete by Tuesday otherwise we have to reapply for an extension.
Genuinely the worst company I have ever dealt with.
What can you do about that? Is your seller reducing the price?
What kind of things are they asking?
The sellers came back to us a few days after we pulled out and said they would come down in price as we were so far into the process and they had already moved out due them doing a barn conversion.
We went back to Precise and they were sending a corrected offer out with the new value. Nearly a week and half later due to their technical issues we got the new offer only to be told that the original expiry dates stand which is Thursday this week!
We still have no acceptance paperwork despite them saying they posted it 4pm on Wednesday and our solicitor is saying it's not going to be done in time as it takes Precise 3 working days to release the funds which we won't be able to get the acceptance back in time now. If they didn't delay things on their side because of their IT issues, we would have had enough time but at this time, they won't honour it.