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Buyer with no mortgage still... am I overreacting?

31 replies

housedramas · 27/04/2023 17:04

Nine weeks since offer was made, valuation by lender took place over a week ago in person. To my knowledge my buyers still have no mortgage. They are FTB but even as a FTB myself two years ago I still had one arranged within ten days. Is this unusual? Do they just have a shit broker? Starting to get a bit worried. Small chain of three of us, my onward purchase is empty. All exchange, land registry etc docs signed by all parties.... EA says they are keen there are no issues but really? Any experiences welcome please!

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housedramas · 27/04/2023 19:41

Thanks for all your input, yes they did have an AIP in place but like a PP said this means nothing really. My mortgage app was done on a desktop valuation and approved in just over 24 hours through my broker so I'm guessing I just have a shit hot broker!

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housedramas · 27/04/2023 19:42

Really hope it is the truth also. I'd be devastated if it wasn't...

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AlwaysGinPlease · 27/04/2023 19:46

I assumed that too @BaronessEllarawrosaurus As in they had literally done nothing about it.

BaronessEllarawrosaurus · 27/04/2023 20:07

housedramas · 27/04/2023 19:41

Thanks for all your input, yes they did have an AIP in place but like a PP said this means nothing really. My mortgage app was done on a desktop valuation and approved in just over 24 hours through my broker so I'm guessing I just have a shit hot broker!

You definitely had a better broker than my dd who gave up and did her own research and went directly to her chosen mortgage provider, they were very quick but she wasn't pushing anything like her limit from her AIP. It will take longer if they are stretching themselves but it sounds like its sorted

BaronessEllarawrosaurus · 27/04/2023 20:07

This reply has been withdrawn

This message has been withdrawn at the poster's request

housedramas · 27/04/2023 20:44

It does sounds like it's sorted, fingers crossed! I've been really lucky with my broker both times now, I know not everyone has the same experience!

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