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Mortgage lenders are taking longer than usual to handle mortgage applications, much to the frustration of potential homebuyers and their mortgage brokers. This has been blamed on strong demand, Covid-19 heightening application complexity and, with buy-to-let, a difficulty in scheduling surveyor visits to tenanted properties. At the time of writing Santander is taking 26.2 working […]

The post Mortgage lenders explain sluggish application times appeared first on PropertyWire.

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