How is anyone getting a mortgage please?

[Conrad]

jellybean - woolwich can do such a case but they are a difficult lot to deal with typically (not every time), and use processing centres in India which adds to the complexity.

There are FAR easier ways to approach this frankly.

Don't for a second assume Woolwich fully recognise what you are trying to do, thier systems are not designed for cases such as yours (systems designers know nothing about real world mortgage clients).

At the last moment some underwriter will review your whole case so it isn't cut n dried until the fat lady takes voice, so for me the downside of this lender is too great.

[The J]

Originally Posted by greenjellybean

The J, I am not a difficult customer at all. I dont quite understand where you are getting that about me. But thanks for your input.

Come off it, you think you should get the best deals but you can't. You're either difficult or a scary person who the FA doesn't want to take on, I'm not sure what is worse. Did they honestly say "I recommend you speak to First Direct as I definitely think they will do it" or did they say "You have to apply directly for that one, I'm not sure if they will do it or not"?

I'm guessing you spoke to a fees free whole of market broker? They tend to be a bit green and can bin off difficult clients without too much trouble.

[zappahey]

Originally Posted by greenjellybean

Thanks Thrugelmir, why don't they ask exactly where the deposit is coming from in the initial phone calls then? Would save a lot of time for both parties.

I'm currently applying for a mortgage with Smile and they asked me this question during the first phone call, so I'm surprised you got so far with them.

[Thrugelmir]

Originally Posted by greenjellybean

Thanks Thrugelmir, why don't they ask exactly where the deposit is coming from in the initial phone calls then? Would save a lot of time for both parties.

Turning the question around. Why didn't you ask if this was acceptable? As your plan was based on assumption.

There's a world of difference on how consumers view lending , and how the lenders do. In any business proposal. Banks like to see investors putting their own money at risk.