We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Beware Of A&l If Self-employed!!!
shays_mum
Posts: 1,694 Forumite
Hi,
Just a warning to self-employed ppl when applying for mortgages or re-mortgages from Alliance and Leceister. This happened to me & my sis.
Situation 1:My sister applied for a new mortgage from A&L, told A&L numerous times they were self-employed, told by A&L everything was ok. Just before completion, they were told they'd been misinformed, needed to be self employed for 2 yrs not 6 months as previously told
& they nearly lost the house & had to go elsewhere for another mortgage.:eek:
Situation 2:We informed A&L numerous times we were self employed for a small re-mortgage, we were told we were going to be put on their variable rate till we had certified accounts. This was 2 yrs ago!! - i called in numerous times during this period to reiterate my situation. Last month i was informed apparently i had been misinformed :eek:
At first they denied any wrong doing & when i requested transcripts, they sent me a letter with one persons interpretation of a single conversation 2 yrs ago.
I requested transcripts of ALL the conversations i'd ever had with A&L, they were not willing to help. I informed the Financial omnisband, we are in negotiations for a settlement!!!!:j
Because of this site, i now know we have rights & won't let these guys get away with it!!
Sorry its been so long, but beware, these guys are shysters- HTH
Just a warning to self-employed ppl when applying for mortgages or re-mortgages from Alliance and Leceister. This happened to me & my sis.
Situation 1:My sister applied for a new mortgage from A&L, told A&L numerous times they were self-employed, told by A&L everything was ok. Just before completion, they were told they'd been misinformed, needed to be self employed for 2 yrs not 6 months as previously told
& they nearly lost the house & had to go elsewhere for another mortgage.:eek:Situation 2:We informed A&L numerous times we were self employed for a small re-mortgage, we were told we were going to be put on their variable rate till we had certified accounts. This was 2 yrs ago!! - i called in numerous times during this period to reiterate my situation. Last month i was informed apparently i had been misinformed :eek:
At first they denied any wrong doing & when i requested transcripts, they sent me a letter with one persons interpretation of a single conversation 2 yrs ago.
I requested transcripts of ALL the conversations i'd ever had with A&L, they were not willing to help. I informed the Financial omnisband, we are in negotiations for a settlement!!!!:j
Because of this site, i now know we have rights & won't let these guys get away with it!!
Sorry its been so long, but beware, these guys are shysters- HTH
No one said it was gonna be easy!
0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.4K Banking & Borrowing
- 253.7K Reduce Debt & Boost Income
- 454.4K Spending & Discounts
- 245.5K Work, Benefits & Business
- 601.3K Mortgages, Homes & Bills
- 177.6K Life & Family
- 259.3K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards