Once you have approved the submission made by your solicitor, it usually takes three to four weeks to get the loan in place. It may take longer if queries arise from your application or credit search.
When we have approved your application, we send you our agreement pack for you to consider. If you wish to proceed, you’ll need to obtain independent legal advice on the documents and then sign and return the documents in the agreement pack, along with a letter confirming you have taken independent legal advice.
Upon receipt of these, you have a 14-day cooling off period in which you can cancel the loan (in line with the Consumer Credit Act). Thereafter your solicitor can make requests to draw funds from your loan with your approval.