Hi there,
I just wondered if anyone else is experiencing delays with their mortgage application at Leeds?
We are first time buyers and not sure how long it normally takes.
We applied for the mortgage four weeks ago and the valuation (which was fine) came back two and a half weeks ago. Leeds have got in touch various times to say they need more documents, which we have provided immediately. Last Friday they came back wanting proof of the deposit which we sent first thing Monday but it is now Saturday and we haven't heard anything from them all week.
I can't see any reason why we would be refused - we have a 20% deposit, good credit ratings and pass their affordability criteria. Just getting a bit worried now as everything else on the purchase has been done and we are just waiting for the mortgage. We have already spent a lot of money on surveys/solicitor's fees so getting refused a mortgage would be a nightmare!
Am I worrying too much or is it unusual for them to take this long?
Thanks
I just wondered if anyone else is experiencing delays with their mortgage application at Leeds?
We are first time buyers and not sure how long it normally takes.
We applied for the mortgage four weeks ago and the valuation (which was fine) came back two and a half weeks ago. Leeds have got in touch various times to say they need more documents, which we have provided immediately. Last Friday they came back wanting proof of the deposit which we sent first thing Monday but it is now Saturday and we haven't heard anything from them all week.
I can't see any reason why we would be refused - we have a 20% deposit, good credit ratings and pass their affordability criteria. Just getting a bit worried now as everything else on the purchase has been done and we are just waiting for the mortgage. We have already spent a lot of money on surveys/solicitor's fees so getting refused a mortgage would be a nightmare!
Am I worrying too much or is it unusual for them to take this long?
Thanks