We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

Abbey & buying a repo

1235

Comments

  • Radiantsoul
    Radiantsoul Posts: 2,096 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    littlened wrote: »
    in total there's 3 years.

    06 - 07 - I have accounts for this year
    07 - 08 - These are with the accountant
    08 - 09 - I have an accountants reference for this year

    It's the accounts for 07-08, and Abbey won't accept an accountants reference for 2 year.

    Tell your accountant to get his finger out!
  • littlened
    littlened Posts: 146 Forumite
    Radiantsoul wrote: »
    Tell your accountant to get his finger out!

    it's a busy time of year for accountants, with all the tax returns due the end of the month.

    Plus, the house we were buying was a repossession, we had 28 days to complete and it's gone on now for over 6 weeks...so the selling company are not likely to wait another 2-3 weeks for my accounts to be done.
  • poppysarah
    poppysarah Posts: 11,522 Forumite
    The positive might be it'll still be available when you can get a mortgage? ;)
  • littlened
    littlened Posts: 146 Forumite
    poppysarah wrote: »
    The positive might be it'll still be available when you can get a mortgage? ;)

    but the selling company will be less likely to accept our offer because we've pulled out this time round

    I think the house will go to auction now
  • poppysarah
    poppysarah Posts: 11,522 Forumite
    Maybe not. The one I pulled out on is now showing at what I offered rather than being put in an auction. My partner did point out the EA would not hate me and not let me offer on it again if I changed my mind. Risk I'm prepared to take I think.
  • Radiantsoul
    Radiantsoul Posts: 2,096 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    littlened wrote: »
    it's a busy time of year for accountants, with all the tax returns due the end of the month.

    I would still try and pressurise them. Unless it is a massive business it shouldn't take that long.
  • downs523
    downs523 Posts: 866 Forumite
    Part of the Furniture Combo Breaker
    4 bed, 2 bath with garage for 90k....bloody hell where abouts is that mate?
  • littlened
    littlened Posts: 146 Forumite
    downs523 wrote: »
    4 bed, 2 bath with garage for 90k....bloody hell where abouts is that mate?

    ha ha, I'm not telling :)

    I've spoke to the EA today to tell them the bad news, it seems like they've had hardly any interested and if we can sort the mortgage out when I get my accounts in 2 weeks, then they'd likely continue the sale where it left off.
  • downs523
    downs523 Posts: 866 Forumite
    Part of the Furniture Combo Breaker
    gotta be up north somewhere surely, prices are generally much cheaper there!
  • space_rider
    space_rider Posts: 1,741 Forumite
    littlened wrote: »
    ha ha, I'm not telling :)

    I've spoke to the EA today to tell them the bad news, it seems like they've had hardly any interested and if we can sort the mortgage out when I get my accounts in 2 weeks, then they'd likely continue the sale where it left off.

    I`m wondering if you`re near me. The repo houses here are going for that amount. I`m on a new estate.

    I lost a repo but it wasn`t abbey`s fault. They put it to auction and they got less so all is not lost if you can get the accounts and a mortgage offer.
This discussion has been closed.
★ ★ ★ Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 354.2K Banking & Borrowing
  • 254.3K Reduce Debt & Boost Income
  • 455.3K Spending & Discounts
  • 247.2K Work, Benefits & Business
  • 603.8K Mortgages, Homes & Bills
  • 178.4K Life & Family
  • 261.3K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.
Update Your Picture