Barclays moving goal posts on older Tracker mortgage

kingstreet

I'm not sure from your post whether you are borrowing just £21k or your current mortgage balance, plus £21k?

Assuming the latter, you're not just borrowing the extra money from them, you're taking out a whole new mortgage with them for the full amount you want to borrow. They may allow you to port your existing rate to a part of your new mortgage, but a new mortgage is what you want.

In these circumstances, they have the right to ensure you meet their status requirements and lending criteria as they would any borrower, whether existing or completely new.

Lenders can be difficult, especially when non-guaranteed state benefits are taken into account. Indeed, many lenders will not take into account things like working or childrens' tax credits or child benefit.

Sadly, you appear to be enjoying the delights of dealing with a mortgage lender in the 2010s. :mad:

DVardysShadow

sulky.sue wrote: »

I recently has on offer on my property that i currently live in, and therefore have found a property that i want to buy. I am currently tied in to a barclays mortgage untill

Start a new thread. This thread is about an old problem which has been resolved and the only issue in common with your thread is that Barclays are involved. So by posting your new problem on a long dead thread everyone has had to read through an irrelevant problem which has been solved.