what does this mean please??

dkny_2

hi

just joined, though have been reading the forums which have been extremly useful indeed, Now iits my turn to ask you guys for some advice...

Im currently going through my full mortgage application, my advisor was goin on about that, she "is trying to get the inland revenue letter accepted by the underwriter" please please can some one advise what does this mean??? is this a bad thing?? :eek: why havent the underwriter (who are these plz?:eek: ) accepted this? all id, etc have been supplied to them its just this really??

survey has been completed:j , searches ae underway:rolleyes: , already have decision in prnciple:beer: , credit check has been completed:T , so really its just this question which is really buggin me...:eek:

Many Thanks in advance:beer:

DKNY :A

Doozergirl

As I understand, the underwriter is the company that decides whether or not you can have the mortgage.

Have you sent an Inland Revenue letter as proof of ID or as proof of income? Sounds like it's something they don't normally receive, so she's having to put in a good word for you, as it were.

regularsaver1

proof of income?

dkny_2

The inland revenue letter id for self employement... does that make sense??
Intially they requested a business plan but this was later not acceptable,

then i gave them my business statement as they were refusing to go ahead with survey, but when i gave this they went ahead with survey and i thought all was fine, now today she said they are tryin to get underwriter to accept inland revenue letter?? i hope this makes sense?? ive gave everything they want and feel they are pushing it further and further..

thanks

regularsaver1

is it to assess your previous years earning though?

dkny_2

regularsaver1 wrote:

is it to assess your previous years earning though?

No just to prove i am paying Class 2 NIC and hence self employed.

They have not asked for proof of income yet just to make sure i am self employed.

I have provided my bank statements/utility bill/passport as my ID

Doozergirl

Can't you get an accountant's letter instead, if they won't take your Inland Revenue letter?

dkny_2

Doozergirl wrote:

Can't you get an accountant's letter instead, if they won't take your Inland Revenue letter?

Thats half of the problem, I am an accountant, so that form of proof is out of the question for them..


Thanks by the way

regularsaver1

best asking them why they want this and what else they need to do

mortgage-advice

regularsaver1 wrote:

best asking them why they want this and what else they need to do

Will be getting in touch with them this morning... do you no what other ID is exceptable for self employed feels like im goin round in circles.. :eek:

mortgage-advice

Doozergirl wrote:

As I understand, the underwriter is the company that decides whether or not you can have the mortgage.

Have you sent an Inland Revenue letter as proof of ID or as proof of income? Sounds like it's something they don't normally receive, so she's having to put in a good word for you, as it were.

doozergirl what do u mean when u say "shes having to put in a good word for you" ??

Thanks