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mortgage application with TSB

warkadang
warkadang Posts: 5 Forumite
Name Dropper First Post
edited 28 October at 9:38AM in House buying, renting & selling

Hi everyone,
My broker submitted TSB shared ownership mortgage application a couple of days back and told me its pre-approved subject to property valuation. Its a new build house from So Resi.

For those who’ve gone through this recently, could you please share your experience on:

  • How long it took for TSB (or other bank) to book and complete the site valuation?

  • How long after valuation you received your formal mortgage offer?

  • And what are chance of decline due to property valuation issue?

Just trying to get a sense of timelines and if there is still chance of decline. 
Thanks!

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