Estate Agent Mortgage Advisors

kay_1

Hi all

We've had an asking price offer on our house and I am now being asked to go and see the estate agents mortgage advisor. I have already found myself an independent mortgage advisor who specialises in adverse credit (as this is what I need) and he seems to think he can get us a mortgage although he doesn't seem to be in any rush!

I have told the estate agents that as we have had adverse credit in the past they probably wouldn't be able to help me but they have kept pressurising me to see them anyway. Am I right in thinking that they won't be able to help me?

I've got 6 defaults from 2009 all of which are settled in 2012/2013 and all of which are under £500 and a CCJ for £173 from 2011 which was settled in January this year. No late payments on my current mortgage in the last 2 years.

I don't want to go and see them if it's going to be a complete waste of time but I'm not very good at standing my ground!

kingstreet

This the agent who sold your home, not the one you are buying from?

As you are likely to be asked to do the same by your vendor's agent, I'd say no to both.

Tell them they can come round to your home at 7.30 tomorrow night if they want to see you...!

kay_1

Yep the Estate Agent who sold our home. I told them that it's hard to get me and my husband together for an appointment because of the shifts he worked so they said they'll see me on my own. I feel like I can't say no seeing as they sold my house but I know it's going to be a complete waste of time and rather embarrassing!

amnblog

NO

(it's simple)

kingstreet

Phone the advisor directly. Tell them you have adverse credit problems and have appointed a specialist. Finish off by saying you aren't going to waste his/her time, so you won't be taking up the offer of an appointment, thanks.

ACG

You dont have to see their broker.

You may have to provide a decision in principle and/or proof of deposit but you are under no obligation to see they advisor.

As for your scenario - estate agent brokers tend to do a search and go with the cheapest... your situation requires a little bit of work. That being said, any decent broker should be able to sort you out a mortgage assuming the deposit is 15% plus.

kingstreet

Tony - she's the vendor. This is the vendor's agent we're talking about.

I could understand it to a certain extent if she was the purchaser and the need to be qualified, but this is ridiculous.

ACG

So they are trying to get the OP as a client for when they make their next purchase?

In that case you dont have to provide anything.

kay_1

Yes that's what they're trying to do. I think I'll try and politely decline as king street has suggested and yes we have a 15% deposit.