Residential Affordability calculator
Current Speeds
- AIP = Auto decision
- New applications = 2 working days
- Additional document = 2 working days
Our Processing Times
AIP
Agreement in principle: 24 hours
Application
Pre offer - Initial underwriting: 2 working days
Document assessment: 2 working days
Valuation
Percentage of valuations completed within 10 working days: 77%
Offer
Time from application to offer: 17 working days
All times shown are based on average working days
- AIP = Auto decision
- New applications = 2 working days
- Additional document = 2 working days
Our Processing Times
AIP
Agreement in principle: Auto decision
Application
Pre offer - Initial underwriting: 2 working days
Document assessment: 2 working days
Valuation
Percentage of valuations completed within 10 working days (Buy to let): 67%
Percentage of valuations completed within 10 working days (HMO, MUB): 54%
Offer
Time from application to offer: 17 working days
All times shown are based on average working days
- AIP = 24 hours
- New applications = 1 working day
- Additional document = 1 working day
Our Processing Times
AIP
Agreement in principle: 24 hours
Application
Pre offer - Initial underwriting: 1 working days
Document assessment: 1 working days
Valuation
Percentage of valuations completed within 10 working days (Light refurbishment): 81%
Offer
Post offer (completions): 2.5 working days
Time from application to offer: 20 working days
All times shown are based on average working days
- AIP = 6 hours
- New applications = Up to 48 hours
- Additional document = Up to 48 hours
Our Processing Times
AIP
Agreement in principle: 6 hours
Application
Pre offer - Initial underwriting: up to 48 hours
Document assessment: up to 48 hours
Valuation
Percentage of valuations completed within 10 working days (Standard bridging): 81%
Percentage of valuations completed within 10 working days (Light refurbishment): 81%
Percentage of valuations completed within 10 working days (Heavy refurbishment): 81%
Offer
Post offer (completions): 2.5 working days
Time from application to offer: 16 working days
All times shown are based on average working days.
- AIP = NA
- New applications = NA
- Additional document = NA
Our Processing Times
5 days from receipt of authority to produce the KFI.
5 days from request for offer to produce offer.
5 days to process offer acceptance.
Signed acceptance of offer required at least 1 clear calendar month before current mortgage product ends.
Documents
To submit this case you will need to have the following documents ready:
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A detailed list of documents will be provided once we’ve received your case but you may need to provide the following additional documents if the applicant is not on the voters roll or doesn’t pass electronic ID checks
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Proof of ID
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Proof of address