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
Offer oh house refused,want us to see their mortgage advisor?
Comments
-
Exactly. But couldn't the OP lie about their salaries and deposit so that the maximum they could borrow would be amount that they have offered. I doubt that the mortgage advisor would ask to see payslips etc.
Seems a lot of effort to go to. Much better to just say no.
Or, as others have suggested, ask them to beat the current mortgage offer. If they can't get up and leave to save both parties some time.0 -
Seems a lot of effort to go to. Much better to just say no.
Or, as others have suggested, ask them to beat the current mortgage offer. If they can't get up and leave to save both parties some time.
But in order for them to be able to beat the current offer, the advisor will need details of salaries, deposit etc so will be able to work out their maximum mortgage.0 -
I'd simply say that you have an agreement in principle and that you will disclose it if and when your offer is accepted. Or even see the advisor at that stage, after acceptance of offer. Or, get your mortgage broker (if you have one) to write a letter indicating that you have a mortgage AIP which covers the offer being made.0
-
If you have a mortgage lined up, tell them so. If they still insist you go and see their mortgage advisor, then go see their mortgage advisor, but do NOT tell them any financial information, as this would give away how much you can borrow, and thus how high you can offer!Should've = Should HAVE (not 'of')
Would've = Would HAVE (not 'of')
No, I am not perfect, but yes I do judge people on their use of basic English language. If you didn't know the above, then learn it! (If English is your second language, then you are forgiven!)0 -
When I started reading the thread, I thought that the seller was related to someone who owned the Estate Agent, in which case there is not a lot to be done. But as it is merely an employee, I would suggest as the offer has not been put forward that you drop a letter through the door of your sellers, making it clear that you have a mortgage in principle, that you have made an offer which the EA has refused to put forward unless you take a mortgage from the EA [poetic licence]. Say that you find this an unacceptable interference in your business and give your contact details.Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam0
-
DVardysShadow wrote: »When I started reading the thread, I thought that the seller was related to someone who owned the Estate Agent, in which case there is not a lot to be done. But as it is merely an employee, I would suggest as the offer has not been put forward that you drop a letter through the door of your sellers, making it clear that you have a mortgage in principle, that you have made an offer which the EA has refused to put forward unless you take a mortgage from the EA [poetic licence]. Say that you find this an unacceptable interference in your business and give your contact details.
Good advice! You might add that you are concerned that the person dealing with the matter for the EA appears to have a family connection withe the sellers which you hope is not a factor in the firms behaviour. Nothing like stirring the pot!Few people are capable of expressing with equanimity opinions which differ from the prejudices of their social environment. Most people are incapable of forming such opinions.0 -
thank you everyone for your help, we have decided not to see their mortgage advisor, going to ring the advisor WE saw and see what he thinks of the situation and my future father in law just so happens to be an EA so we are going to let him make the offers and see how they respond!! Also going to email Trading Standards for Conditional Selling!!0
-
Every time an EA asks whether I would like to speak to their mortgage advisor (I've never been pushed into it though), I tell them that I work for a bank and therefore I'll probably be going with the staff mortgages offer - they usually realise that they won't be bettering it.You were only killing time and it'll kill you right back0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.6K Banking & Borrowing
- 254.5K Reduce Debt & Boost Income
- 455.5K Spending & Discounts
- 247.5K Work, Benefits & Business
- 604.4K Mortgages, Homes & Bills
- 178.6K Life & Family
- 261.9K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards