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Barclays, extensions and rekeying

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  • Thanks @Deleted_User, im still waiting! Documents uploaded 30th to :). Hopefully tomorrow!
  • Got my offer extension through today. A big relief. Now onto the completion.  
    Hopefully yours comes through Chris tomorrow 
  • Offer recieved here too! :)
  • csgohan4
    csgohan4 Posts: 10,600 Forumite
    Ninth Anniversary 10,000 Posts Name Dropper Photogenic
    looks like they have removed the tracker 1.08% + BOE from the intermediaries, one of the slower lenders to remove their competitive 2 year trackers. 

    FYI they are using Optima legals which is mainly online based portal based system. Ok so far using them 
    "It is prudent when shopping for something important, not to limit yourself to Pound land/Estate Agents"

    G_M/ Bowlhead99 RIP
  • time-4-a-new-start
    time-4-a-new-start Posts: 98 Forumite
    Part of the Furniture 10 Posts Combo Breaker
    edited 8 April 2020 at 5:05PM
    Offer recieved here too! :)
    Good to hear @chris.heighton
  • Thanks @Deleted_User
    How long does it take solicitors to draw down the mortgage at the moment?
    Is it possible to get an electronic copy of the offer to the solicitors to reduce time lag?

    I'm at the stage where my solicitor is requesting the mortgage fund from Barclays, and they have told us that it's going to take 10 working days to draw down the fund. Because of this we're renegotiating our completion date to the last week of April (we provisionally agreed to complete on 17th) . Another one to add to this race of hurdles.
  • jenks48
    jenks48 Posts: 111 Forumite
    100 Posts First Anniversary Name Dropper
    Anyone know how long Barclays take to review Applications
     Morgage was approved offered on the 20th of March off shore then went into lock down it seems they now are reviewing my case in the UK now they have all the information they need. Is it 10 working days still?  
  • 10 working days officially, mine was 8 working day!
  • avles
    avles Posts: 2 Newbie
    First Post
    I am in the same issue. We exchanged the contracts before lockdown and the seller didnt complete as they are self isolating. No one in the chain agree to the variation contract and so my solicitor issued notice and after 10 days, they couldn't complete as well. We received the funds twice adn returned back to bank. Now, the completion date is agreed but while requesting funds back from bank, they say it needs to be rekeyed. That means i can't complete on the completion day. Will i be in breach of contract? Anybody help please !!!
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