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.
📨 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!
Scottish Widows & timber frame house
wildballoonlady
Posts: 102 Forumite
Have found a dream home set by the forest, amazing views, a great family place. Our mortgage company Scottish Widows originally told us we can port our mortgage and top up if need be. We have just been told that they won't do this as the house is part timbered. Just the upper floors not the ground floor which is brick. This was decided over the phone and no one from SW sent out to see the house.:(
We do not want to shop around as have a great rate with them 1.04%, and doubt we will get this anywhere else. Also, we would not be able to afford the massive increase switching would bring about.
Are there any loop holes we can find that might change SW's mind? It's only part timbered and was built in the early 1900s. Surely the fact that the ground floor is brick and damp coursed could make it a goer?
We do not want to shop around as have a great rate with them 1.04%, and doubt we will get this anywhere else. Also, we would not be able to afford the massive increase switching would bring about.
Are there any loop holes we can find that might change SW's mind? It's only part timbered and was built in the early 1900s. Surely the fact that the ground floor is brick and damp coursed could make it a goer?
:money:
0
Comments
-
No chance if the property is not of a construction they will lend on.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.7K Banking & Borrowing
- 253.4K Reduce Debt & Boost Income
- 454K Spending & Discounts
- 244.7K Work, Benefits & Business
- 600.1K Mortgages, Homes & Bills
- 177.3K Life & Family
- 258.4K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards