Kensington Mortgage application timescale

brunettegirl

niloufar_uk wrote: »

congrats :beer: how long did this take for you? and what documents did they ask for? did they also contact your employer?

We first submitted our full application on 3rd May

we sent 3 months bank statements
3 months tax (im self employed)
3 months payslip
rent reference
p60
electrol role evidence
passport
driving licience
deposit proof

Im not aware that they contacted the employer - but worked there for nearly 4 years and on a perm contract

niloufar_uk

application refused with no reason 20th June

brunettegirl

niloufar_uk wrote: »

application refused with no reason 20th June

Your broker can chase for a reason and it can be appealed if they have got something wrong or missed something

PowerofCats

edited - wrong thread reply

Bidds10

We have been contacted for more information today. Landlord references, employer references and also direct debit queries.

Northstar1979

Hi, how long does the application take to get an offer ?TIA

CED1234

Mine took around 3 weeks from processing the application to getting an offer, i was asked for lots of documents but apart from that, I couldn't fault the process at all.

absco14

Hi all,

Just an update for anyone wondering on timescales.
We submitted docs needed (bank statements, payslips, application form) and received back the formal offer within 17 days. Seemed to be conflicting info on when they survey was being done but unsure whether this was our broker or Kensington.

However so far so good!

Northstar1979

I got sent this today from FA


1. As discussed, I have reduced the term by 1 year to ensure repayment by Applicant 1’s 75th Birthday. A new illustration is available on the portal.
2. Copy of signed & dated declaration (page 4 required) & copy direct debit mandate, both available on our website.
3. Copy of the fully completed & signed lending Past State Retirement Declaration.
4. Valid ID for Applicant 2
5. Latest P60 & last 3 months payslips for Applicant 1
6. Latest P60 & last 3 months payslips for Applicant 2
7. Latest full month’s personal bank statements for both applicants showing salary credits and day to day expenditure
8. Can you confirm the number of bedrooms at the property being purchased.
9. Memo of sale


Is this positive?

Aqua1985

Question regarding rent payments for a adverse credit mortgage. My partner had rent arrears that were being cleared monthly on her council property and were paid off 7/8 months ago. Is this likely to be an issue?