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    • dennail
    • By dennail 22nd Sep 16, 3:50 PM
    • 2Posts
    • 0Thanks
    Halifax Mortgage Appeal
    • #1
    • 22nd Sep 16, 3:50 PM
    Halifax Mortgage Appeal 22nd Sep 16 at 3:50 PM
    FTB here, buying a house with gifted equity, 90% LTV

    My mortgage was approved in principal and was awaiting an employer's reference to finalise and get the formal mortgage offer. I got the employers reference, which confirmed everything in my application. Now the Halifax have declined my application as I am a director of a company. I hold no shares in the company, have given no personal guarantees and am classed as an employee of the company.

    I'm not sure why my job title has negatively affected my application?

    Anyway, my broker is appealing the case. What are my chances and how long will it take?
Page 1
    • amnblog
    • By amnblog 22nd Sep 16, 5:58 PM
    • 8,644 Posts
    • 3,235 Thanks
    • #2
    • 22nd Sep 16, 5:58 PM
    • #2
    • 22nd Sep 16, 5:58 PM
    Sounds more like your broker has submitted the case as self employed when you are employed.

    He/she just needs to alter this and you should be back on the go.
    I am a Mortgage Broker

    You should note that this site doesn't check my status as a Mortgage Broker, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
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