How long does the mortgage application process take?

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How long does the mortgage application process take? video duration 1 Minute(s) 21 Second(s), published by Michelle Niziol on 11 07 2019 - 11:47:57.

One of the most common questions my clients ask when purchasing their first home is “How long does the whole mortgage process take?” However, this is not a A conversation on how collateral supports the mortgage
Collateral being the property
That is why all homes must be appraised by the lender
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One of the most common questions my clients ask when purchasing their first home is “How long does the whole mortgage process take?”

However, this is not a simple answer as the overall timeline depends on several factors that we’ve previously discussed. This includes a review of your; credit rating, employment, income and savings and property assessment report, as well as the proficiency/speed of your solicitor.

In this video, I outline how long you can expect your mortgage application process to take, including specific factors on mortgages for new-build properties.

The purchase of your home will most likely be the biggest single investment you’ll ever make. Follow Michelle’s Property Corner to understand all the steps involved, from your first mortgage appointment, to when you receive your keys.

Youtube: https://www.youtube.com/watch?v=OsaUDpemLD8
iTunes: https://podcasts.apple.com/gb/podcast/michelles-property-corner/id1461664247
Website: https://michelleniziol.co.uk/michelles-property-corner/