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Principality building society

Does anyone know how long it takes to get an offer through? Papers sent a week ago, survey done last Wednesday!

Comments

  • According to what we've been told by them, 6-8 weeks due to backlog at the underwriters. I'm looking at going elsewhere.
  • YHM
    YHM Posts: 650 Forumite
    I've done three applications with them recently and got them to offer within a week.

    Whats the issue?
    I am a Mortgage Broker.

    You should note that this site doesn't check my status as a Mortgage Broker, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice
  • There's no issue as far as we're aware, just that they have a backlog of applications with their underwriters and a 7 day turnaround on underwriters queries.
  • YHM
    YHM Posts: 650 Forumite
    Assuming you went direct and not through a broker then?
    I am a Mortgage Broker.

    You should note that this site doesn't check my status as a Mortgage Broker, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice
  • Yes we did, what a mistake that was. Wish I'd used a broker now. Still considering a broker and withdrawing the Principality application
This discussion has been closed.
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