Britannia

We offer 2 levels of service to help you select your mortgage with Britannia, advised and non-advised. You can get either of these services at your local branch. For a non-advised service you can contact us via telephone, where one of our advisers will be able to help.

To ensure that your mortgage and rate is held whilst your application is being approved, we will ask you for a non-refundable booking fee payable on application. This will reserve your chosen mortgage rate for four months. You can choose to pay the remaining arrangement fee when you apply or add it to your mortgage and pay interest on the additional amount over the mortgage term.

A step by step guide from application to completion - This should take approximately
6 weeks

1. We’ll process your application and make any relevant checks, including credit scoring .

2. We’ll ask the relevant people for references (eg. your employer and your existing lender if you already have a mortgage).

3. We’ll use a valuer or, if you’re remortgaging, an Automated Valuation Model  to check how much your house is worth.

4. If you wish, a Chartered Surveyor will also carry out a Homebuyer Report * or a Building Survey * on the house you wish to buy.

5. Choose our Conveyancing Service or let us know if you have another solicitor in mind. You can get a conveyancing quote here for our recommended solicitors.

6. On receipt of a satisfactory valuation report and references, we’ll send you a formal Offer of Advance including a Key Facts Illustration* confirming how much we’re able to lend you. We’ll also send a copy to your solicitor.

7. Your conveyancer or solicitor will ask you to sign and exchange contracts* and agree a completion* date.

8. Your conveyancer or solicitor will let us know when they need the money.

9. The money is sent to your conveyancer/solicitor.

10. Your mortgage is complete and if you’re buying a new home – you can pick up the keys.

*For an explanation of terms, please see our glossary .