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Covid 19 one of reasons for slow mortgage applications

5 October, 2020

As we state in our recent Mortgage Insight report, Lenders are taking longer to process mortgage applications – thanks in part to the Coronavirus.

A combination of pent-up demand, changes in criteria and a lack of scheduled visits by surveyors means that it is taking far longer to process mortgages than before the Pandemic struck.

It’s not uncommon to take over 20 days for applications to be processed. For more information on this story click here or if you would like a copy of our report, email

Should you click on any of the links above, you will leave the regulatory site of Censeo. Neither Censeo nor Primis is responsible for the accuracy of information contained within the linked site.

Censeo Limited is an appointed representative of PRIMIS Mortgage Network. PRIMIS Mortgage Network is a trading name of First Complete Ltd which is authorised and regulated by the Financial Conduct Authority for mortgages, protection insurance and general insurance products. Censeo Limited is registered in England and Wales, company registration number 06453977, the Registered Address 11b Newton Court, Pendeford Business Park, Wolverhampton, WV9 5HB.

We will charge a broker fee of between £295 and £495, payable on application. The amount we will charge is dependent on the amount of research and administration that is required.

Your home may be repossessed if you do not keep up repayments on your mortgage.

The guidance and/or advice contained within this website is subject to the UK regulatory regime and is therefore primarily targeted at consumers based in the UK.

The Financial Conduct Authority does not regulate all Buy to Let mortgages.

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