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Mortgage Help
sivs
Posts: 247 Forumite
Hi All,
I've going through the renortgage with Nationwide. Received the AIP and they have completed the vaulation which is all ok, they have requested an employer reference and a reference from the companies accountants as I work in a family business which they will have received.
They have instructed a solicitor to do the searches on the property to see that I am the owner
Now what is the the next stage?
Thanks
I've going through the renortgage with Nationwide. Received the AIP and they have completed the vaulation which is all ok, they have requested an employer reference and a reference from the companies accountants as I work in a family business which they will have received.
They have instructed a solicitor to do the searches on the property to see that I am the owner
Now what is the the next stage?
Thanks
0
Comments
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Issue of the mortgage offer once the references are received and acceptable.I am a mortgage broker. You 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. Please do not send PMs asking for one-to-one-advice, or representation.0
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Great will they do another chedit check ect.. Or will they be happy with the information already provided?
Thanks0 -
We cannot say if they will be happy with the information already provided.
Your biggest risk from here is probably that the property wont value up to a level you expect which can be a problem if you are tight on the value to mortgage ratio you are seeking.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.0 -
Okay well, the property has been valued and they confirm they are happy.. I'm only want a mortgage of £135k on a property worth £350k..
Hopefully will find out soon :-)0 -
Just thought I'd update everyone who has help.. Mortgage offer received today got the full £135000, plus I'm allowed to keep my other mortgage of £150,0000 on my other property.
Result!! Naionwide have been brilliant!!0 -
Hi, Need some help on this...
Offer received and thought everything was ok until the FA called and advised have been selected for a random audit. Does this normally happen when they have made an offer?
Guess it's annoyed as my case as been back to the underwritters 3 times as I have increased the amount I want to borrow and now they need to see more banks statements :-(0
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