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Permission to Purchase. How long?

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matula


Joined: 07/07/2008
Posts: 647

Message Posted:
27/12/2011 17:08

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Message 1 of 7 in Discussion

Can anyone tell me how long it is taking to process Permission to Purchase applications nowadays? Thanks.



flowerfairy


Joined: 17/09/2008
Posts: 1277

Message Posted:
27/12/2011 17:20

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Message 2 of 7 in Discussion

HI Ian,

three years ago, it took my daughter and son in law just under a year to get theirs.x



Tango1


Joined: 19/02/2011
Posts: 1151

Message Posted:
27/12/2011 17:30

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Message 3 of 7 in Discussion

6 years ago, it took 15 months (for us at least) but I know people who moved here in 2005 and didn't get it until 2010. They were supposed to have speedied P2P up, but haven't heard of too many "speedy" ones I'm afraid.



matula


Joined: 07/07/2008
Posts: 647

Message Posted:
27/12/2011 17:47

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Message 4 of 7 in Discussion

The reason I am asking is that our apartment was sold in March last year and when I enquired with the lawyer about the PTP as there is money being held back until PTP is granted I was told 2-2.5 years. It didn't us so long when we bought!



walkerscott


Joined: 13/08/2009
Posts: 901

Message Posted:
27/12/2011 17:53

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Message 5 of 7 in Discussion

http://no-deeds-no-money.moonfruit.com/#/p-t-p/4544142536



rowlo



Joined: 12/10/2008
Posts: 4796

Message Posted:
27/12/2011 20:53

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Message 6 of 7 in Discussion

may,be someone is making the most of the interest rate .



Deniz1


Joined: 28/07/2009
Posts: 3829

Message Posted:
27/12/2011 21:31

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Message 7 of 7 in Discussion

So that means if they dont get PTP you dont get your money. You got a very raw deal as its not guaranteed they will get it.



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