Kensington Mortgage application timescale

Scott27981

After more paperwork sent valuation has been done one last bit of evidence sent today hopefully offer next week and it will be for what we require, it may be slow but we!!!8217;ve got there.

Steveg63

Steveg63 wrote: »

Well we had the nod from the mortgage broker that they have had notification that the offer has been sent, we should receive any time now, all is as it should be so we can expect to exchange on 23/03/18, assuming they post out in enough time. So it took 5 weeks and 2 days from time of application to mortgage adviser being notified that we had the offer.
So all being well we will have the letter by Friday this week.

We got our offer on Friday last week, all as it should be, so 5 weeks and 4 days from time of full application, submitting all info, waiting a week for valuation, re-submitting more info, 2 snow days and then getting the offer. :j
Stressful but not as bad as I thought it would be, got to give praise to our MB, he and is support staff have been brilliant, from the 6 I have spoken with he is far the best and most professional. Anybody need help he is the man.
Now awaiting for the exchange of contracts, Friday 23/03 and the build completion for end of June 218.:beer:
Good luck all

jo1982

jo1982 wrote: »

Just thought I would give you an idea of my application with Kensington so far:

26/2/18 DIP recieved

27/2/18 alll documents sent to broker to support application

1/3/18 application submitted to Kensington

6/3/18 a small list of extra documents required

7/3/18 broker submitted the extra documents

8/3/18 Kensington signed off all documents and have instructed valuation.

They have been much quicker than I thought to this point. There was a slight delay last week due to the weather!

Just a quick update

15/3/18 Valuation took place

19/3/18 Kensington recieved Valuation report

21/3/18 Mortgage offer

3 weeks in total completely hassle free now the stress starts!:j

Mrpear

Valuation took place on Friday 30th at the house.

Fingers crossed on the offer!

Damocooley

jo1982 wrote: »

Just a quick update

15/3/18 Valuation took place

19/3/18 Kensington recieved Valuation report

21/3/18 Mortgage offer

3 weeks in total completely hassle free now the stress starts!:j

Hi. This does sound encouraging. Our application sent today. What was your LTV%?

Mrpear

12/02 Application in with 6 months bank statements, business bank statements, remittances and current contract
07/03 More contract document required for uninterrupted work
08/03 Request to pay off and clear old defaults and CCJ (2 defaults 6 years old this year, one default 2 years old, 1 CCJ 4 years old)
30/03 Valuation on house
04/04 Offer emailed over !

jo1982

Damocooley wrote: »

Hi. This does sound encouraging. Our application sent today. What was your LTV%?

90% LTV

Hoping to exchange next week, but that all depends on the solicitors moving

Damocooley

jo1982 wrote: »

90% LTV

Hoping to exchange next week, but that all depends on the solicitors moving

I’m only 2 days in and so fearful we’re going to get a decline, I can’t see why but a gut feeling. Hate the waiting around!

Damocooley

4/4/18 DIP Receieved
5/4/18 Application submitted
6/4/18 Valuation Instructed. Asked for 3 months payslips and clarity on my employment address (Payroll address is Livingstone)

Awaiting anxiously.......

shell2006

If you don't mind me asking which broker did you go with