Platform mortgages time line - help!

Gtothea

Hi All

First time poster here! I've submitted an application to platform through a broker and here is the time line so far:

15/01/19 - submitted the application with all documents
17/01/19 - valuation ordered
22/01/19 - letter of explanation requested

We've chased our broker about what's happening on the 25/01/2019 and he said it's gone to a "senior underwriter" for review and he's spoken to the BDM to chase the senior underwriter.

We're so stressed out waiting to hear something back from them and I was wondering what the timeliness have been for anyone that's dealt with platform previously. I hate waiting around with no updates :(

Thrugelmir

When's the valuation booked in for? Mortgage applications in general aren't instant. Chill out a little. You are only at the beginning of a much longer road. The next stage of the purchase may throw up any number of curved balls. Many of which you'll have no control over.

Gtothea

The valuation was done on the 17th and there weren't any problems. I know it's a long process but the wait and not knowing is horrible.

lewishardwick

My remortgage with Platform took a month for paperwork to be sorted.

Relax a bit.

My whole original purchase took over 6 months to complete!

Gtothea

@lewishardwick I know I should relax but I guess it's the excitement of finding a house and not wanting to lose it because of how long it takes.