does anyone know anything about mortgages on here? We are /were about to exchange on a new house and rent out our current one. Our new mortgage lender have said we must have a ' permission to let' form validated by our current mortgage company, before they will finalise our mortgage offer.
We asked for this form and completed it and were advised it would take about 72 hrs to do. We are now being told that due to volume of work it'll take 4- 6 weeks to do. Does this sound right??
We are going mad but have been unable to talk to anyone with a brain anywhere. Thing is that with this delay , we are terrifed our new house will go to someone else as the people are desperate to exchange. Any advice greatly appreciated...