Residential Affordability calculator

Current Speeds

Residential
Happy & Healthy
Happy & Healthy
Happy & Healthy
Happy & Healthy
Happy & Healthy
  • AIP = Auto decision
  • New applications = 2 working days
  • Additional document = 2 working days

Our Processing Times

Residential

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: 20 working days

 

All times shown are based on average working days

Last updated 24 April 2024.
  • AIP = Auto decision
  • New applications = 2 working days
  • Additional document = 2 working days

Our Processing Times

Buy to Let

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: 20 working days

 

All times shown are based on average working days

Last updated 24 April 2024.
  • AIP = 24 hours
  • New applications = 1 working day
  • Additional document = 1 working day

Our Processing Times

Refurbishment Buy to Let

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

Last updated 24 April 2024.
  • AIP = 4 hours
  • New applications = 1 working day
  • Additional document = 1 working day

Our Processing Times

Bridging

AIP

Agreement in principle: 4 hours

 

Application

Pre offer - Initial underwriting: 1 working day

Document assessment: 1 working day

 

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

Last updated 24 April 2024.
  • AIP = NA
  • New applications = NA
  • Additional document = NA

Our Processing Times

Product Transfers

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.

Last updated 24 April 2024.

Documents

To submit this case you will need to have the following documents ready:

  • 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
  • Proof of ID
  • Proof of address

Continue to apply

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