New Mortgage

rt2005

Hi New Here,

Just was wondering, in the process of selling and moving home,

just had the surveyor round our new property,and recieved report through the post today all looks ok,no problems just saying continue with modernisation and replace fixings in kitchen and bathroom.

just was wondering on when we will be reciveing the mortgage offer from our bank?any ideas on timescale.Mortgage is wth the woolwich,

hopefully everything will be ok

borrrowing 45k and on report says current value 95k

so not bad!! with no bathroom or kitchen

mancitychick

It took approx 2 weeks after valution for me to get my mortgage offer, but that was with the Nationwide. It has taken just short of four weeks from the day we applied.

rt2005

well talk about quick response, got home today and the mortgage offer was sat on the door step , so from having surveyor round monday , offer recieved today so all is happy,.......

jordy32

our mortgage is also (soon will be) with the nationwide. Took less than 2 weeks from application for the valuation to be carried out and formal offer to be made. We did use a recommended IFA who seemed to pester them a bit so this might of helped.

Typically I have been told to expect a 4 week wait on average so both must have had some luck!

Scott

28-35 days for an application to drawdown is around average. Pester power certainly speeds things along, as well as having the correct information with your application.