Article: Real Case Study (Ref- tmblwardapril2012-05-15) In todays mortgage market it is very rare to get a mortgage from application to offer within a couple of weeks, let alone a couple of days. However in the right circumstances The Mortgage Broker (St Neots) Ltd has shown that a mortgage offer can be produced in a matter of hours 48 hours to be exact. The average mortgage offer in 2012 takes 28 days from application – based on information supplied by The Mortgage Broker (St Neots) Ltd. The 2 day mortgage offer had certain characteristics that allowed the mortgage to be offered in record time and those were:
A low loan to value of less than 65% allowing the mortgage lender to produce an automated valuation based on the electronic data held on the value of properties in this postcode.
The clients were existing current bank account holders with this particular bank allowing the bank/lender to perform instant credit and income checks which meant the need for manual underwriting checks were done away with
The affordability calculation that the lender performs was successfully passed by the applicants based on the electronic data held by the lender.
We wont promise that if you are looking for a quick mortgage offer that we can deliver a turnaround time of 48 hours but we will guarantee that there will be no delays on our side in regard to the processing of your mortgage application.
Some Interesting Stats for Mortgage offers in 2012
For a residential purchase application the average time for a mortgage offer is27 days
For a residential remortgage application the average time for a mortgage offer is32 days
For a buy to let purchase application the average time for a mortgage offer is26.5 days
For a buy to let remortgage application the average time for a mortgage offer is20 days
For a first time buyer application the average time for a mortgage offer is33 days
Contact our team to discuss your requirements or fill in our online mortgage enquiry form today and we will be in contact with you.
Published on 30 April 2020
SHARE
About the author:
The Mortgage Broker
The Mortgage Broker is an award-winning UK mortgage and protection specialist with decades of experience helping thousands of customers secure suitable and affordable mortgage solutions. Regulated by the Financial Conduct Authority, all advisers are minimum CeMAP-qualified and known for delivering clear, transparent, and expert guidance whether helping first-time buyers, home movers, remortgage clients or those with complex or adverse-credit needs. Recognised as a finalist at the Mortgage Strategy Awards 2025, The Mortgage Broker combines digital speed with human trust, offering access to over 130 lenders and more than 25,000 products. The company’s app, secure client portal and easy-to-use tools make it simple for customers to compare rates, track progress, and stay informed from start to finish.
With more than 2,500 verified five-star Trustpilot reviews, clients consistently praise the firm’s professionalism, value for money, and personal service. Reviews highlight the team’s ability to explain complex mortgage and protection topics in plain English, providing support throughout the entire journey. The company’s reputation for knowledge, empathy, and reliability has made it one of the UK’s most trusted brokers, delivering advice that is honest, transparent, and tailored to each individual’s financial goals.
Every part of The Mortgage Broker’s service reflects Google’s E-E-A-T principles: Experience, Expertise, Authoritativeness, and Trustworthiness. Its team has decades of hands-on industry knowledge, proven technical expertise, and national recognition supported by awards, media features, and verified customer feedback. As an FCA-regulated firm with a 5-star reputation, The Mortgage Broker stands for no-nonsense advice, common-sense lending, and exceptional customer outcomes — setting the standard for trusted mortgage advice across the UK.
Written by Monsor Malik, Mortgage Adviser, The Mortgage Broker Book a free landlord review with Monsor, here. Why Q1 matters for new build buyers Q1 is a busy period for developers. It’s when sales teams often focus on securing reservations that can complete later in the year, helping them keep build schedules and targets on … Continue reading “Selling Your Home to Buy a New Build: Why Q1 Is the Time to Act”
Written by Harrison Andrews, Mortgage Adviser, The Mortgage Broker Book a free landlord review with Harrison, here. If you are self-employed and thinking about buying a home, January is one of the most useful moments in the year to stop guessing and start planning. Not because you should rush into a purchase, but because January … Continue reading “Why January Is the Best Time for Self-Employed Mortgage Planning”
Written by Craig Leigh, Mortgage Adviser, The Mortgage Broker Book a free landlord review with Craig, here. Buying a home is one of those big “adulting” moments that sounds exciting, but quickly becomes confusing. There’s advice everywhere, jargon you’ve never used before, and a nagging feeling that everyone else knows what they’re doing except you. … Continue reading “Mortgage Planning vs House Hunting: Which Should Come First?”
View all posts by The Mortgage Broker 
