Awaiting Mortgage offer for over 10 days

[Mark McBurney@CMME]

So you think it is unreasonable to expect an immediate response to emails and phone enquiries? The most important purchase that you're likely to make? I think it is essential that clients get an immediate response, irrespective if they're paying a broker fee or not.

And by the way, Halifax is the go to lender when you need urgency and speed. They're super fast at processing contractors applications (as long as it has been packaged fully and correctly). Typically it takes a day to get a decision in principle and 3-4 weeks to go to mortgage offer after full application submission. If you're remortgaging it's even quicker, under one week.

Halifax have really fine tuned it's application processing systems for contractors, they've made it really easy for specialist mortgage brokers who know what their doing.

Now if it was Virgin Money or Leeds Building Society, I can understand it taking longer, as they're a lot slower but NOT Halifax.

Just as a caveat - if your mortgage is £300k+ you will encounter Halifax Premier, who are currently working on a four week delay for applications (information from this afternoon), so they aren't perfect.

This is, however, as John explains, very much outside of their usual service.

[fool]

"Look I earned £500 yesterday betting on the tennis. That means I earn £500/day, please can I borrow £500,000?"

I got mine based on a day rate and a 6 month contract.