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gazwheat

How Long Do Mortgage Offers Take?

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Hi,

My buyers mortgage company who had agreed his mortgage have now turned him down. He had another mortgage agreed in principle with another company and he is now awaiting an offer.

Does anyone know how long it takes for a mortgage offer to come through after its been submitted? (roughly)

Thanks in advance.

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The last time I did it I think it took about 2 weeks, maybe a bit less.

Could be quicker now though and I would guess that the banks mortgage depts are not exactly rushed off their feet at the moment.

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The last time I did it I think it took about 2 weeks, maybe a bit less.

Could be quicker now though and I would guess that the banks mortgage depts are not exactly rushed off their feet at the moment.

I tried Northern Rock, after 4 weeks, and no news, no returned calls etc I gave up.

Halifax got it sorted in a bit over 2 weeks.

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I tried Northern Rock, after 4 weeks, and no news, no returned calls etc I gave up.

Halifax got it sorted in a bit over 2 weeks.

I think my buyer has gone to the Halifax, about a week ago. So fingers crossed, not long now.

Cheers.

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  • 302 Brexit, House prices and Summer 2020

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      • down 5% +
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