Buckinghamshire Building Society Mortgage

Mildreds_Earrings

Good Evening, has anyone got experience of a buy to let mortgage with Buckinghamshire Building Society please?

Application submitted via mortgage broker several weeks ago, property valuation tomorrow. Is a mortgage offer by the end of this week possible? Any help/advice appreciated, thank you. 

JMA74

without knowing all the details of whats been going on in your case there is no way to answer this.  They may have satisfied all outstanding underwriting already or they could have a list as long as their arm of questions on your case. The valuation may come back low on value or rent and need a complete remodel. 

Too many variables to answer your question unfortunately. 

Mildreds_Earrings

JMA74 said:

without knowing all the details of whats been going on in your case there is no way to answer this.  They may have satisfied all outstanding underwriting already or they could have a list as long as their arm of questions on your case. The valuation may come back low on value or rent and need a complete remodel. 

Too many variables to answer your question unfortunately. 

Just clutching at straws @JMA74 but thanks 😊 

ACG

I think you might struggle to get an offer by the weekend, but as a small lender you will find they treat cases a lot more personally and so they might work hard to get everything to offer before they close for Christmas. 

I think if you have got to this stage with them you will be fine, its just down to the valuation I imagine. 

Mildreds_Earrings

ACG said:

I think you might struggle to get an offer by the weekend, but as a small lender you will find they treat cases a lot more personally and so they might work hard to get everything to offer before they close for Christmas. 

I think if you have got to this stage with them you will be fine, its just down to the valuation I imagine. 

Thanks @ACG it took months to get to this stage, so hopefully, you are right and this is the final hurdle 😏

ACG

Bucks are not normally a lender you go to as Plan A, B or C so its expected to take longer. But when they get to valuation stage I have never known them to decline a case after that. I dont use them often though, but we have 100% success so I think they are pretty reliable. 

Mildreds_Earrings

ACG said:

Bucks are not normally a lender you go to as Plan A, B or C so its expected to take longer. But when they get to valuation stage I have never known them to decline a case after that. I dont use them often though, but we have 100% success so I think they are pretty reliable. 

Thanks @ACG I had to pay for the valuation, so I hope your assessment is correct. At least I can sleep tonight and try to stop overly worrying 😊