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Quick question
malcindebt
Posts: 367 Forumite
I am getting a remortgage with Chelsea BS, and during the application with my IFA, he mentioned I would not need to provide any bank statements or payslips as I was in a blue chip situation.
What does that mean?
What does that mean?
0
Comments
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Hmmmmmm......
1. that the loan to value is very low so a low risk to the bank and you have a good track record.
2. or you hav a good job with a good track record and earning well.
But these are just guesses.0 -
A blue chip pass means that you have got a high score on thier credit scoring system and therefore limited information/documentation is needed
HTHI am a Mortgage AdviserYou should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.0
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