Advice guide centre

Submitting your mortgage application

You’re almost there. It’s time to make sure all the details in your application are correct. Then see what to expect while you wait for a decision from the lender. As long as you’ve done your prep and followed the advice from your interview, you’ll have given yourself the best chance of approval.

Paperwork you’ll need

When you have your interview with the lender’s representative or the mortgage adviser, they will start completing the application using the information you’ve provided. Once done, you’ll need to include some of the documents you used at the interview stage (or copies of these) with your application before you can send it off.

Remember, the devil is in the detail with mortgages. Even if you use a mortgage adviser, you’ll still have to check that everything is correct. Make sure you’ve given your exact income – don’t round it up. State your full name, including your middle name. And double-check that your 3-year address history, including postcodes, is correct. This is key especially if you’ve moved homes quite frequently.

After submitting

Now the ball is in the lender’s court. Your lender will review your application and documentation and request a check on the property known as lender’s valuation. Based on their review of your application and the result of the valuation, they will make their final decision on whether or not to lend.

You can expect to get the mortgage decision within 3 to 6 weeks depending on the lender and the type of mortgage you’re getting. Unless of course any information is missing, in which case that will delay the process.

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