When we submit a Mortgage application it’s clearly submitted or packaged with very specific personal information, Identification, proof of income and more

Having the correct info ensures we get a swift and simple journey throughout Mortgage application process.

Some of the many reasons we can get a delay in the decision on the Mortgage being approved are:

• Incorrect name (not nick name, maiden name (without marriage certificate) or initials)
• Incorrect address(es)
• Travel costs being inaccurate
• Valid in date and the correct visa information
• Bank statements out of date (or not all the statements available)
• Interest only Mortgages many banks need to understand the repayment strategy
• Undisclosed costs like student loan, credit cards
• Household expenditure including childcare costs like nursery
• If an energy efficient Mortgage many Mortgage Lenders would want a PEA certificate
• BTL income being clear for the underwriting (may be a supporting tenant’s agreement and proof of income)

Delays in the application process can have a huge impact on the future home sale and or our re-mortgage. Clearly some Mortgages only have a specific time of offer, so the delay can mean the offer ends and you may no longer be able to get that financial product. The house sale could fall through due to the delays. The other supporting information like a bank statement may time out due to x1 error resulting in more admin and delays and so on..

Here at Golden Rock Solutions we source information so you get the best support, service & speedy delivery and obviously price for your Mortgage needs (that’s residential, buy to let or commercial solutions)

Golden Rock works with you in the application phase; mean we gather the correct information submitted, along with an supporting information and the application should swiftly move forward – without hitch.

Also we look at protecting you and your mortgage after all you are entering a contract and any one can be ill! We can help with life insurance, Mortgage protection, Critical illness Protection and income protection

Please share and get in contact for more information and to see if this is the correct Mortgage for you and your home.

www.grmortgages.co.uk Tele 0115 8226900

Your home may be repossessed if you do not keep up with your repayments.