Today we have upgraded our underwriting platform to automate parts of the mortgage application to reduce processing times. Our system will now issue application-specific reference requirements after submitting a new case.
Intermediary partners will now be able to supply key documents quickly and have faster outcomes.
On this basis and concerning continued market volatility from the 1st of July, all newly submitted applications must reach an offer within 50 days.
If an offer is not made within 50 days, a new product must be selected, which could affect the loan size, rate and criteria.
All mortgage offers are valid for 90 days.
All mortgage offers are valid for 90 days.