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How long for Solicitor to receive mortgage offer?

purplelila-2007
purplelila-2007 Posts: 65 Forumite
Part of the Furniture 10 Posts Name Dropper Combo Breaker
in House buying, renting & selling
Was wondering if you could share your experiences. 

How long did it take after you received confirmation that your mortgage had been approved for your solicitor to receive a copy of the mortgage offer?

We were notified our buyers mortgage was approved a couple of days ago but still waiting for the solicitor to receive a copy.

The solicitors are on the panel for this lender and the lender uses the lenders exchange so it should be a straight forward download.
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Comments

  • user1977
    user1977 Posts: 17,250 Forumite
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    Normally the papers are issued simultaneously to the borrower and solicitor. 
  • purplelila-2007
    purplelila-2007 Posts: 65 Forumite
    Part of the Furniture 10 Posts Name Dropper Combo Breaker
    Thanks @user1977 I thought it simultaneously issued / instant. 

    Starting to get seriously concerned now. 

    Surely a buyer wouldn't lie about something like this.
  • Tiglet2
    Tiglet2 Posts: 2,606 Forumite
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    Actually they are not always simultaneously issued - you get your copy first and the solicitor gets theirs a few working days later, but they do have to check the lenders exchange daily to access it.
  • user1977
    user1977 Posts: 17,250 Forumite
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    The exact process depends on the lender - do you know who that is? How long ago did the buyer say they had their offer?
  • Tiglet2
    Tiglet2 Posts: 2,606 Forumite
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    I know this is your buyer's mortgage, but is there the possibility that the offer has been addressed to the wrong solicitor?  You'd be surprised how often this happens...!
  • purplelila-2007
    purplelila-2007 Posts: 65 Forumite
    Part of the Furniture 10 Posts Name Dropper Combo Breaker
    @user1977 It's Nationwide 
    Buyer received the mortgage offer Tuesday.
  • user1977
    user1977 Posts: 17,250 Forumite
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    Wednesday is a bit early to be fretting about it then!
  • Tiglet2
    Tiglet2 Posts: 2,606 Forumite
    Seventh Anniversary 1,000 Posts Photogenic Name Dropper
    purplelila-2007 said:
    @user1977 It's Nationwide 
    Buyer received the mortgage offer Tuesday.

    Nothing to worry about yet then
  • kingstreet
    kingstreet Posts: 39,191 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    When you say the buyer received their offer are you saying they received the paper copies Nationwide posts second class?

    If you are, there is an issue somewhere if the solicitor is not yet able to download their copy from the portal.
    I am a mortgage broker. You should note that this site doesn't check my status as a Mortgage Adviser, 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. Please do not send PMs asking for one-to-one-advice, or representation.
  • purplelila-2007
    purplelila-2007 Posts: 65 Forumite
    Part of the Furniture 10 Posts Name Dropper Combo Breaker
    @kingstreet Buyer said it was an email confirmation saying mortgage issued with the postal copies taking up to 5 days. 

    I'm concerned solicitor hasn't been able to download their copy yet from the Lender Exchange .

    Our solicitor had ours immediately after it was issued to us online with another bank. 
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