Accord mortgage application

BLN83

Thought I would pop my timeline on this post as I had been looking for recent Accord timelines myself.

Background - previous application declined with another lender due to property flood risk (its minimal FYI)

22/11 - Offer accepted on property

24/11 - Full application submitted to other lender 

24/11 - 28/12 - back and forward with other lender, valuation etc... then decline due to flood risk

 

23/12 - AIP (we were preparing for no from other lender)
03/01 - Full mortgage application submitted with Accord
03/01 - Hard credit check registered in Equifax

03/01 - I received text to book in valuation (this was an error and should have gone to estate agent and also broker company input wrong address for property i'm purchasing)

10/01 - FINALLY rectified broker error after 1 week and correct property valuation booked
11/01 - Broker advised Accord portal is showing all documents as satisfied and waiting on valuation

17/01 - Valuation is booked for this date

Really hoping for an offer end of this week after the valuation tomorrow - Assuming Accord have no questions as documents show as satisfied but guess I will have to see once the whole package post valuation goes for final underwriting

Fingers crossed

annetheman

And offer received today!!! Accord are on FIRE!

Friday 12 Jan - DiP
Saturday 13 Jan - Full application
Monday 16 Jan - Answered a query about direct debit
Tuesday 17 Jan - Valuation at property
Wednesday 18 Jan - Mortgage offer received!

Good god. This means I'm not on a VERY fixed timeline to complete ahhhh!

Melis2024

annetheman said:

And offer received today!!! Accord are on FIRE!

Friday 12 Jan - DiP
Saturday 13 Jan - Full application
Monday 16 Jan - Answered a query about direct debit
Tuesday 17 Jan - Valuation at property
Wednesday 18 Jan - Mortgage offer received!

Good god. This means I'm not on a VERY fixed timeline to complete ahhhh!

I’m so happy for you! Well done 👏 you must be very relieved.

BLN83

annetheman said:

And offer received today!!! Accord are on FIRE!

Friday 12 Jan - DiP
Saturday 13 Jan - Full application
Monday 16 Jan - Answered a query about direct debit
Tuesday 17 Jan - Valuation at property
Wednesday 18 Jan - Mortgage offer received!

Good god. This means I'm not on a VERY fixed timeline to complete ahhhh!

Amazing news congratulations.... Fingers crossed for the same speed after my valuation tomorrow

annetheman

BLN83 said:

annetheman said:

And offer received today!!! Accord are on FIRE!

Friday 12 Jan - DiP
Saturday 13 Jan - Full application
Monday 16 Jan - Answered a query about direct debit
Tuesday 17 Jan - Valuation at property
Wednesday 18 Jan - Mortgage offer received!

Good god. This means I'm not on a VERY fixed timeline to complete ahhhh!

Amazing news congratulations.... Fingers crossed for the same speed after my valuation tomorrow

Definitely. My (absolutely excellent) broker told me that by valuation time they've already approved you with Accord. So it won't take long at all... 

BLN83

annetheman said:

BLN83 said:

annetheman said:

And offer received today!!! Accord are on FIRE!

Friday 12 Jan - DiP
Saturday 13 Jan - Full application
Monday 16 Jan - Answered a query about direct debit
Tuesday 17 Jan - Valuation at property
Wednesday 18 Jan - Mortgage offer received!

Good god. This means I'm not on a VERY fixed timeline to complete ahhhh!

Amazing news congratulations.... Fingers crossed for the same speed after my valuation tomorrow

Definitely. My (absolutely excellent) broker told me that by valuation time they've already approved you with Accord. So it won't take long at all... 

mortgage offer received, what a nice feeling that is!!! 

Updated timeline 
03.01 - Accord application submitted 
03.01 - hard credit search 
03.01 - valuation requested
10.01 - valuation booked
17.01 - valuation done
19.01 - survey info requested for valuer (they needed a Mundic report) 
22.01 - offer received 

14 working days start to end and no question La from the lender to us regarding our application. 

Due to complete 9th Feb. 

Myci85

annetheman said:

Hi everyone, my mortgage broker is going to submit my first application (DiP) to Accord tomorrow - I thought I'd look into what their timelines are like and so glad I found this thread!

It's an awkward time of year to apply because in March I get my pay review and bonus, so ideal would be a month or two from now, but the house won't wait! I hope they accept pay review letters from employers... If I even get that far.

I'll be peeking in here often!

Jumping on this thread sorry as looking at Accord as lender to go with once we've found a property. Did they accept your upcoming pay review? I'll get my annual (guaranteed) pay rise in April, but can't wait that long to buy. Broker thinks Accord will only take pay rise into account once I've had my first wage slip at the new rate. 

Happy to read a few people have had such speedy applications with Accord recently, I know I'll be on pins the whole time waiting for offer!

Postik

I went with Accord, it was just over a year ago so perhaps not entirely relevant now, but they were really on the ball and I think I had an offer in a week or less.  The opposite to my buyer who went with Natwest and it took about 5 weeks.