NatWest mortgage

6 replies

ChelseaCat · 30/04/2021 13:30

Hi all

Has anyone recently had a mortgage approved with NatWest? They’ve finally signed off on the house we want to buy and I was just wondering how long all the legal bits were taking at the moment. I’m guessing (hoping!!) 3-4 weeks?

TIA 🏡

OP posts:

Outnumbered99 · 30/04/2021 13:50

Do you mean to get your mortgage offer issued, or on the conveyancing side?

Original poster

ChelseaCat · 30/04/2021 13:54

We got our offer through this morning - I’m wondering how long it will take for them to get everything in order for us to complete ASAP

OP posts:

Flippyflops2021 · 30/04/2021 14:03

That depends on so so many things... for conveyancing anything from 10 weeks to a year I’d say! (From unfortunate experience )

AhaShakeHeartbreak12 · 30/04/2021 14:05

It literally took 8 weeks for us, that was in 2018 pre covid times

Original poster

ChelseaCat · 30/04/2021 14:17

Sorry, I’ve not been very helpful with my information 😬

All checks/surveys (multiple 🙄🙄🙄) etc are done and contracts are written. The time frame I waS wondering about was just the organisation of the mortgage at NatWest’s end. Does that make more sense? Hopefully I seem a bit less naive in saying 3-4 weeks now!!!!

OP posts:

Flippyflops2021 · 30/04/2021 14:20

As far as I believe. Once you have the actual mortgage offer it’s done. ( not offer in principle, but actual offer with an expiry date, usually 6 months) got to sign mortgage deed..

Then each lender has a time frame for how long they need to know in advance for solicitors to request money. In Santander case it’s 5 working days. Nationwide I think is 7 working days.

Time consuming bit is conveyancing

Flip