20 daysAverage speed of Trussle customer’s mortgage application with TSB.
Between July 2017 and July 2018, the average speed that TSB processed a Trussle customer’s mortgage application was 20 days.* That’s longer than the 18-day average across all the major lenders we’ve submitted applications to.
Bear in mind that the speed of application will vary depending on your own personal circumstances and the lender’s present day-to-day performance. In some cases, applications can be approved by the lender within 24 hours, while some can take weeks or even months. This can also be impacted by the quality of application submitted, which is why you may want to consider using a mortgage broker. The average quoted speed therefore may not reflect your own experience.
*The number of customers served by this lender isn’t publicly available so we’ve estimated this figure based on market share and average house price in the UK.