Precise Mortgages - how long from application to offer?

Gk2007

No real update from me still waiting work reference or P60.

I’ve followed you on insta too hope you don’t mind!
Interesting really as we originally looked in Ingleby!

Kaggs!

I’m the same! Head office still waiting to receive the reference forms from precise! Should hopefully hear something tomorrow! Why they have to do everything by post is beyond me!? Aww no I don’t mind at all! What is your name on insta? Haha

Kaggs!

Arghhhhh now they want proof we have full deposit! Which from day 1 we have said we don’t but are saving it and will have it on completion! Why has it taken 6 weeks to get to this??? Fuming

janoid19

Kaggs! wrote: »

Tut, I don’t see why that is a problem?? Good luck with them then, are they a lender for bad credit like precise?

Yeah we didn't either at first but they want 12 months continuous and my partner had left his old job end of April and started his new one beginning of July. So at the moment has 10 and half months continuous employment.

Yeah Kensington is an adverse lender too and the monthly payments work out £80 cheaper which we are very happy with.

Kaggs!

Ooh I might look into them sound better than precise, this is so stressful! :-(

Kaggs!

Ohh this is a nightmare now.... they are wanting proof of full deposit even thought from day 1 we wouldn’t have had it until completion! Our parents are willing to give us cash to make it up but how can we explain it???

MsGeorge88

Does anyone know what credit agency Precise use?

Kaggs!

Experian I think

onthemend88

I think they use both Experian and Equifax

Gk2007

Just explain the rest is a gifted deposit, Precise give you a template to get parents to complete.
Think you may be able to download from there website.
It’s been 7 weeks since date off initial app and I still feel no closer to offer!