Kent reliance

Jordanl147

Hi I have recently applied for a mortgage with kent reliance does anyone know how long it takes roughly at the moment? 

mothership03

We were told 16 working days is their current turnaround.

Jordanl147

mothership03 said:

We were told 16 working days is their current turnaround.

Have you had your valuation done yet ?

mothership03

I'm not sure, I've asked my mortgage broker for an update today. We applied on 1st April. How about you?

Jordanl147

mothership03 said:

I'm not sure, I've asked my mortgage broker for an update today. We applied on 1st April. How about you?

We applied on April 6th and had our valuation today. Hopefully if they done our valuation they are happy with everything else.

mothership03

Have you applied to them directly or through a broker? I'd definitely feel encouraged once the valuation is done.

Jordanl147

mothership03 said:

Have you applied to them directly or through a broker? I'd definitely feel encouraged once the valuation is done.

Through a broker but it was the estate agent who called this morning to say they had collected the keys for a valuation.

Jordanl147

I am so worried because I got declined after the valuation a few months ago so praying this time it goes through.

mothership03

Just heard back from our broker and due to the valuation, we can't get a mortgage on that house. They did point out that they were perfectly happy with us as applicants though, so they've obviously done that bit of underwriting first.

Jordanl147

mothership03 said:

Just heard back from our broker and due to the valuation, we can't get a mortgage on that house. They did point out that they were perfectly happy with us as applicants though, so they've obviously done that bit of underwriting first.

Ah never ! Did you offer over the guide price ? Or did the valuation down value it ?