Who do I believe? This is stressing!!

SilviaY

I have an offset mortgage with first direct but now my partner and I would like to move up and buy a house in joint names. As I do not want to sell my house but rent it, I called FD to see if I could get a mortgage for the new house (125k) but they told me that unless I sell the house they wont be able to lend me that amount as they will always take into consideration that i have an oustanding mortgage for £55k, even if I remortgage it as a BTL. I was so upset as I do not want to sell my house. I tried a broker and they said that I could even get a mortgage for £170k after I change my offset to BTL for £65K. I am new at this and whilst I am happy the broker has helped us , I am not happy with the mortgage they found us. I would like to try other options but I am worried that we wont be able to get pass the first hurdle. The broker found us a BTL mortgage and wants us to sign the paperwork before we can go ahead with the other mortgage....I do not know how to believe...how does it work when I am trying to get a mortgage for a new house...it seems so easy for other people...what am i missing here? Help

silvercar

Sounds like you are missing a helpful mortgage broker.

SilviaY

I think they have been helpfu however after the advise I received from FD I dont know if another bank will treat our application in the same way

herbiesjp

This really does look straightforward

What is it about the mortgage deal (that the broker found you) that you do not like?