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How long does it take from mortgage offer to completed?

BradZ
Posts: 21 Forumite

We are buying a new build and have until 18th December to exchange & complete.
We are FTB so not in a chain. Nationwide are being slow and we should have out mortgage offer anyday. If worst case we dont get it until Friday late afternoon the solictors wont get it until Monday, can it all be completed/exchanged in 6 working days?
We are FTB so not in a chain. Nationwide are being slow and we should have out mortgage offer anyday. If worst case we dont get it until Friday late afternoon the solictors wont get it until Monday, can it all be completed/exchanged in 6 working days?
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Comments
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Depends on the quality of your solicitors, but yes it can be doneI 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 advice0 -
Apprently we are in the queue for offer so fingers crossed we wont have to wait much longer! Thank you.0
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It depends on your builder too, we require a 2 week notice period once you have exchanged contracts, I'm assuming the house is build complete?0
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And that 18th will actually be a buffer for the 22nd which will be the last day of the half financial year, who is your developer?0
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