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House valued mortgage offered now what?

hi i phoned up c&g today and was told that the valuation report came back ok and that i should have the mortgage offer papers in the post and should receive them by monday. Can anyone tell me what happens next, i assume i sign them and send them back, when can i exchange contracts? the seller wants it dont asap and i have no chain.

Many thanks

Comments

  • think next step is solicitors to sort out all the legal stuff

    just wondered if i could ask wneh your valuation was done? ours was done on friday so im awaiting the results, dont know whether to wait a bit longer or just ring and ask?

    thanks
  • Ttp608
    Ttp608 Posts: 45 Forumite
    They valued it on tuesday and they were told over the phone that the property was ok, the report followed within 24hrs and within 48hrs of valuation i had an offer
  • if your solicitor has done all searches and everything else is done it doesn't take long.

    mine took a week from receiving mortgage offer as long as everyone agrees on completion date.
  • thanks guys, received mortgage offer this morning so im in the same boat as you ttp608.

    will have to keep each other updated


    hehe, so excited!
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