Frequently asked questions
How long is a Decision in Principle (DIP) valid for?
A Decision in Principle (DIP) is valid for 90 days.
How long is a Mortgage Offer valid for?
An offer will be valid for six months from the date the offer is issued. It will be automatically withdrawn after six months unless the Society agrees to extend the offer period.
What are your requirements for a Deed of Consent?
If a Deed of Consent is required, independent legal advice may be required, for which there may be a charge.
When will the applicant’s first mortgage payment be taken?
The applicant will receive a letter from the West Brom giving details of the first and subsequent mortgage payment. The first payment is usually one month following completion.
Am I able to port my client’s mortgage?View all FAQs
Our products are portable; however this cannot currently be arranged through our intermediary channel.