Desperate for your mortgage help - Please!!

Dave_Ham

Fingers crossed - they can be hard work to deal with administratively...

feduptwo

Well another day goes and its two and half weeks now. Its been back to the underwritter and we should have had an answer today but nothing again, I dont get it, it is just going back and forward and I am unsure what it exactly is.

THE BROKER SAID "THE MORTGAGE IS FINE" they are just picking holes in everything and everyone at present.

I dont no if I can say anyhting to hurry it up or not, just dont no what to do, its really making us all ill this worry. We have a buyer still and we really pushing our luck....

How much more can it keep going back and forth or our broker having to speak to them...... I am not sure but it seems its about paper work or clarifcation thats my guess, just dd nto know it could e like this. Our broker told us not to stress.

I dont know if it is worth looking elsewhere ie tesco? or going to a independant broker for some advice as we need a mortgage sorting like NOW!!!! or as soon as possible, we have all paper work ready and are ready to go, just need a broker to get us a mortgage.

Help!!!! lol

Dave_Ham

Go nowhere near Tesco, they may do a good range of fruit and veg but think they should stick to that. Great headline rate, interesting underwriting and criteria.

You either have to trust your broker to see this through, or pull the plug on them and find one you do trust.

Independence is not necessarily key in this situation, experience is however.

I personally would never have thought Santander would like this case, but I would love to be proven wrong and you get a mortgage offer this morning.

There will always be quick solutions and good solutions, so just be mindful of that when engaging another broker..

Fingers crossed...

feduptwo

Hi Dave,

I hear a few people saying dont go near Tesco.

Well today another day goes by fed up now!!! Now the bank want 1-3 of the mortgage statement which we will take in in the morning to the broker along with our yearly mortgage statement which turned up this afternon in the post, every little helps i suppose. Our broker just told us that she spoke to the manager again and said this is taking too long and they need to sort it out.

Our broker said to us today that she thinks it will go through, I belive it will as It would just be stupid all this running around for paper work they want and then they say no, they no what pension we get and or mortgage payments so why need more statements, if they were to say no they would have said it by now i would have thought, it would to me be rediculas to do all this and they going to say no anyway, it seems to me they need paper work to cover them selves...I dont no. but we will provide it all and wait again. 2 and 3/4 weeks now...

Our broker seems to think it will be ok she has been talking to the manager alot and i assume if anything was majorly wrong they would have said instead of ask for more statements...

Dave, our broker said santander best suits us as they take up to 75 years of age and that gives us 11 years but tbh I want it paid in 8 max, so whats the issue lol

I just dont no what to say or do or anything that can be done, its so stressfull at the moment our whole life ideas depend on this, have the money have a clean record and proof I paid a house mortgage in full and another for 5 years, what more do they want, there must be a lender who would say yes faster than this, i worry as if they say no what on earth do i do, do i trust the broker, there is someone out there who will lend but how do you no which one?

Thank you

One thing i dont get is we are with halifax and it says 15 years left on term, we paid the interest off and only have about £145k left and pay £1500 a month they wont give us a mortgage new one as they dont go over 70 but my current one will run way past 70 lol. So wouldent make sence to accept me and let me pay miles quicker than the 15 years....thas silly, that or coz they make little money out of me now.

feduptwo

Hi,

Well today our broker said forget santander after 2 weeks of sending stuff in they gave a list of things as long as our arms, ridiculas way to work, i see what people say about santander now. We have been accepted at another lender in principle and our broke has spoken to the manager there and they have looked at thigns already and asked for a up to date bank statement as other is month old, fair enough, Also need some signatures to bits but it should not effect the progress, so good start ad broker feels confident and says it should be alot fatser and no reason why we can nbot get the mortgage now.

Here goes, life on the line again lol, feel more positive actually now, people on here did say santander were not great.....you were right.

life is in the hands of the new lender now...:eek:

GMS

Which lender?

Thrugelmir

feduptwo wrote: »

One thing i dont get is we are with halifax and it says 15 years left on term, we paid the interest off and only have about £145k left and pay £1500 a month they wont give us a mortgage new one as they dont go over 70 but my current one will run way past 70 lol.

As hasn't been said several times on this thread you haven't.

Simon_gloster

Feduptwo, are you bald? From your experience so far and from your posts you are now? Who has this salesy 'its fine the offers on its way' broker applied to now?

Based on a passing conversation with a bank advisor today over toast and coffee, they will up to 75 if your retired, possibly underwriter approval, but if its affordable and proof available they have no issue. ***link hint hint is Halifaxs half brother!!!!*****

Im not saying its 100% guaranteed as she said shes never do that, however if ita affordable, its affordable. Her words not mine.

They wont entertain brokers so direct only.

Dave_Ham

I knew that was where you worked Simon, have been able to tell from some of the processes you recall and policies..

Feduptwo - come on please, the broker has been telling you for weeks that Santander was ok and now they are not.

Please tell us where you have now gone to?

I would have had this done and offered days ago, it is so frustrating at times that our industry is so inconsistent....

I genuinely hope that you and your broker get lucky soon....

Simon_gloster

Good guess dave, slightly wrong and out by about 30 miles. Know a few who work there and we bore ourselves to death over mortgages every weekend.


Beats plane spotting.