| 1. |
When you contact us with your initial enquiry we will discuss
with you over the
phone what your
requirements are and
your personal
circumstances - this
will allow us to
build a picture of
your situation which
we can then use to
get an idea of the options
available to
you.
If you wish to discuss things
further, we will arrange for one of
our advisers to come and meet with you
to gather more detailed information
that will allow us to create some
recommendations for you.
|
| 2. |
Once
we have some options
for you we will
arrange for our
advisor to come and
meet you at your
convenience to go
through the products
that will fit your
needs and the service that we provide.
We will provide you with all necessary
documentation including 'Key Facts
Illustrations' relating to the
mortgage schemes available to
you.
|
| 3. |
Once
you are happy with
the details we have
gone through with
you and you wish to
proceed, we will
obtain an Agreement
in Principle from the
lender which
indicates how much they would be
willing to lend you and what
documentation they would require.
|
| 4. |
Once
approved, our
advisor will visit
you and go through the
application form and
any other necessary paperwork with you. At this
stage you will be
asked to provide
additional
supporting
documentation such
as proof of
identification and
any other financial
information as
required by the lender.
|
| 5. |
When
we have all the
paperwork we need
from you we will
submit the
application to the
lender to be
processed.
|
| 6. |
We
will keep in contact
with the lender to
ensure the
application has been
received and is
processed as quickly
as possible.
|
| 7. |
Once
the lender has
completed the
initial underwriting
checks, the
valuation of the
property should be
instructed. We will
liaise with you and
the surveyors to
ensure that the
survey is done as
soon as possible and
ensure the report is forwarded
to those required.
|
| 8. |
Different
lenders have
different
procedures, but in
most cases once the
lender has received
and approved the
valuation and
supporting documentation an offer
will be issued. We
will go through this
with you and
outline any key
points or special conditions.
|
| 9. |
At this point the processing
of the mortgage
through to completion passes over to
the solicitors. Dependent on whether
the case is a purchase or a remortgage
you will receive the relevant forms
from the solicitors to complete and
return. The necessary legal checks
will then be carried out, including,
on a purchase, requesting information
from the vendors solicitors. We will chase
both the lender and solicitors on your
behalf until the
loan completes.
Prior to or on completion we will put
any insurances we have arranged in
force, and contact you to confirm the
details of your first mortgage
payment. It
is our priority to
make sure the
process runs
smoothly and that
you are updated
throughout the
application. For
more information about our
conveyancing service click
here. |
