Mortgage application stage

Hi ive just had surveyor want to book.mortgagr application for my buyer in our poerty.Does that mean the buyer has passed the other stages so far such as the affordability and credit check with mortgage company it's now just down to whether the property is now worth the mortgage amount? Just trying to get feel of progress

Comments

  • kingstreet
    kingstreet Posts: 39,216 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    An application can't normally be submitted with a credit or affordability fail. It's safe to assume if the application was submitted those issues are resolved until the supporting documents have been checked at least.
    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.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 350.1K Banking & Borrowing
  • 252.8K Reduce Debt & Boost Income
  • 453.1K Spending & Discounts
  • 243.1K Work, Benefits & Business
  • 597.5K Mortgages, Homes & Bills
  • 176.5K Life & Family
  • 256.1K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.