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Nationwide mortgage declined - advice!

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Comments

  • jaysb
    jaysb Posts: 74 Forumite
    just because 1 lender turns you down, keep looking

    My bank of 15 years would only offer me a mortgage of just over 1 times salary, even though my LTV is 33%.
    Nationwide have just offered me a mortgage of 2 x salary, which is all I need.

    So I guess everyones circumstances are different and each lender assesses risk and profit (thats whats they are after) differently.
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