How NOVUS supports clients through to completion—and beyond
For many mortgage brokers, their job ends the moment your mortgage offer is issued. But at NOVUS Financial Solutions, that’s where our work truly begins.
The journey from offer to completion is often overlooked, but it’s one of the most important phases of the mortgage process. It’s also where delays, unexpected issues, or changes in the market can cost you time, stress—and money.
This article explores what actually happens after your mortgage offer is secured, and why working with a broker who stays by your side makes all the difference.
The Mortgage Offer Is Not the Finish Line
Receiving a mortgage offer can feel like a milestone, and it is. But it’s only one stage in a much longer process. From offer to completion, multiple moving parts still need to align. Property chains must hold, solicitors need to progress searches, and lenders have further checks to complete.
Without the right support during this stage, you risk costly delays or ending up on your lender’s Standard Variable Rate (SVR)—which could increase your monthly payments significantly.
What Happens After a Mortgage Offer? The Key Stages to Completion
Once your mortgage offer is confirmed, several steps still need to be carefully managed to ensure a successful outcome:
1. Progressing the Property Chain
If you’re part of a chain, progress depends not only on your solicitor and lender but also on the buyers and sellers around you. Delays or fall-throughs elsewhere can have a knock-on effect.
2. Solicitor Searches and Enquiries
Your solicitor will conduct property searches, raise enquiries with the seller’s solicitor, and respond to any legal concerns. These steps can be time-consuming and are a common cause of delays.
3. Managing Timelines
Your move date may need to coordinate with tenancy end dates, childcare, removals, and other commitments. Aligning these requires careful communication across multiple parties.
4. Rate Monitoring
Mortgage rates fluctuate regularly. Between offer and completion, a better product may become available. A proactive broker can reapply if switching would benefit you.
5. Avoiding the SVR
Most mortgage products have an offer validity period. If you don’t complete in time, you could default to your lender’s SVR—often significantly higher than your original rate.
The NOVUS Difference: Mortgage Completion Support You Can Rely On
At NOVUS, we don’t disappear once your mortgage offer is in hand. We remain actively involved right through to completion, ensuring your mortgage completes smoothly and on the best possible terms.
Here’s how we support you beyond the offer:
- We coordinate with solicitors and lenders to keep your application moving
- We track mortgage rates in case a better deal becomes available before completion
- We act quickly if legal delays or complications arise
- We take the stress off your shoulders by managing communication and expectations
- We help prevent you from defaulting onto costly SVRs
Why Post-Offer Support Matters
Mortgage advice is not just about securing a rate—it’s about protecting your future. A single delay, missed update, or expired offer can have significant financial consequences.
Our role is to make sure that doesn’t happen.
Ready to Work With a Mortgage Broker Who Sees It Through?
If you’re looking for more than just a comparison service, speak to NOVUS. Our team offers full-service support, from initial conversations right through to keys in hand—and beyond.
Contact NOVUS today to get started
Or learn more about our approach at novusfinance.co.uk
