Getting a second AIP

BelleBot

I was bullied into getting an AIP by a mortgage broker I went to see, he was a whole of market broker and the deal we were looking at (with Coventry building society) was marginally better than the one I was planning on getting with Nationwide. However looking at the small print it turns out I need 12 months of wage slips to prove my income, I only have 3 (which is what Nationwide require). I did tell the broker before applying for the AIP I had only been in work 4 months but he obviously didn't take this into account or didn't realise Coventry's requirements.

So my AIP is essentially useless seeing as any application with Coventry will most likely be declined due to lack of wage slips. Seeing as they leave a soft footprint on your credit file will it harm to get a second AIP from Nationwide? Or is there no point and I should just apply without one to Nationwide (or whoever has a competitive rate at the time of applying)?

Thanks.

GMS

Were you working prior to the latest job?

BelleBot

No, I was a full time student. I can provide proof of income from my bursary as a student but I doubt that's acceptable.
The advisor I spoke to at Nationwide and the whole of market broker said being a graduate shouldn't be an issue as I have 15% deposit and 3 wage slips and a sufficient income. But it seems it would be an issue with Coventry building society who I have an AIP with.

GMS

Speak to the broker and ask if they had it agreed with Coventry regarding you not having 12 months employment.

savingbee

I had a few AIPs before settling on one. then it was a month before I made a full application so my broker did another AIP and still got accepted. if you think a full application would get declined because of not having enough payslips I would just get another AIP with a different lender. saves you forking out valuation fees then being told there's not enough supporting evidence x