lender has switched products.

Toughluck

Solent will still honour proc fees to brokers etc so you should be OK. They even sent an e mail yesterday saying they are busier than ever. They owe no-one no money and will see all current cases out the door. If not I am going direct to Beacon now if I need them at all. You should still be OK smb.

minimike2

You need to call your broker and find out what has happened to your application.

Standard practice would be for another packager firm to take over the case load, but I haven't heard whats happened with Solents cases. Get on the phone and find out. Your broker has already messed you about enough - you should have had an offer weeks ago. Whilst the broker loses some control with packagers, they can still ne ringing daily and putting pressure on them to sort it, something I dont feel has happened in your case. I would be sticking a rocket up thier !!!! if I were you.

smnb08

minimike2 if i was able to get hold of the broker the rocket thing would be an opotion.
i spoke to her yesturday and she was going to ring beacon about the mortgage payment thing and promised she would call me back straight away(this was at 3pm) like a fool i sat by the phone untill 7pm!!
i have called her about 10 times this morning and emailed her with no luck.
i think they have declined it and she is putting off telling me as i reminded her on the phone she told me 2 weeks ago i would get my offer the next day!!
i wish i could ring beacon myself!!

minimike2

toughluck......are they still processing then? Surely they are not accepting new business now?

Toughluck

From the e-mail I had mike it said the South West office had closed but the main office open and the mail said "Still trading, still open & busier than ever so keep those cases coming in". Whether that is a smoke screen or not I don't know.

The U/writers in here are not sending stuff to them as we don't know what is entirely going on.

smb-Can you not ring Beacon direct on 0870 9796633 like I do?

minimike2

Hmmm. Sounds like another Optoma to me....thats exactly what they said before they folded. I know I certainly wouldnt be placing business though them - not that I have ever used them anyway, but if I had in the past I would certainly not be looking to now.

Toughluck

Hence why we are avoiding them totally now. Optoma again I agree.

Toughluck

smnb08,

Think I have said to ou before about another lender your borker may have access to. MBS lending. Go on their website and lookt at their 2 in 12 arrears schemes and use their affordability calculator. 2 in 12 0 in 3 @ 75% is 7.85% not the 8.63% with Beacon. Its a big difference and you have been re-mortgaging since 1975 so another 2 weeks or so to another lender isn't going to harm you.

minimike2

Since 1975?? Dont be silly TL.



























Its since 1974

smnb08

:rotfl: lol!!!
you are both so funny but i wasnt born untill 1978 im haveing a tough time becomeing 30 this year please dont make me any older.
with regards to the other lender mbs i couldnt bear the thought of another application as i started this process in april and cant beleve what a stressfull experience this remortgageing buisness is if the beacon one is a decline i will just stick with kensington.