How long does the mortgage process take?
If you’ve followed our recommendations on how to get Mortgage Fit and have your documents ready to hand when you initially speak to us, then the mortgage and home buying process can be complete in around a month.
Once speaking to us, and you have provided us with the documents we’ve requested we can get a Mortgage in Principle for you, which is a way for lenders to say that they will consider lending you a specific amount, and can usually be obtained within 24 hours. Once you have this, you can officially start looking for your Bromford Shared Ownership home.
Helen from Mortgage Advice Bureau explains in the video below how long the mortgage and homebuying process should take if you’ve followed our recommendations and have your documents ready to hand when you initially speak to a financial adviser.
Get mortgage fit with our top tips
We’re encouraging homebuyers to get financially fit, by sharing our top tips on how to get mortgage ready and buy your first home
What documents do you need when buying a Bromford home?
So you’ve found your special place, what documents do you need to complete your reservation?