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Struggling with mortgage application...why?

PUDDLEDUCK_1 · 2013-07-24 20:37:10

Hello, new to this! Offer accepted on house-£145,000. Deposit of £30,000, need mortgage to borrow £115,00 LTV 80%. Myself:newish job, in 3rd month so 3rd payslip nxt week (no probabtionary period, gd salary), Jan-April this yr self employed, prior to that PAYE. Never failed payment on bills, credit card, small loan etc. No…

Comments

amnblog Posts: 12,781 Forumite

25 July 2013 at 7:55AM

PUDDLEDUCK_1 wrote: »

Thank you GMS, sounds sensible & we had planned on contacting the initial lender direct tomorrow, (their letter states we could) to enable us to at least try & do that.

Dont circumvent the broker and go direct to the lender - it will end in tears.

If the case has gone through a broker let them deal with it. The moment you start talking to the lender direct the opportunity for confusion rises ten fold.

I am a Mortgage Broker

You should note that this site doesn't check my status as a Mortgage Broker, 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.
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