Nice People Thread Number 11 - A Treasury of Nice People

PasturesNew

hjd wrote: »

...(although nobody ever asked for proof we had the money, they just trusted us!!)

I've had trouble with EAs before, even been sneered at for asking to go on a list with a follow up "lenders don't like lending to single females". They're more distrusting of single females still probably ... rather than couples. Plus, madam looked a tad shabby

PasturesNew

silvercar wrote: »

Women walks in off the street and says "I'll have that one, no mortgage required."

Yes, not a man in sight! Imagine!


Actually, in this area, cash buyers are probably quite common as it's a place Londoners like to downsize and retire to.

Although my budget would get me a 3 bed old ex-council house on the "OMG, NO!" council estate .... it's even got its own nickname, as bad estates tend to acquire.

hjd

PasturesNew wrote: »

I've had trouble with EAs before, even been sneered at for asking to go on a list with a follow up "lenders don't like lending to single females". They're more distrusting of single females still probably ... rather than couples. Plus, madam looked a tad shabby

I bought my first house, as a single female, in 1979. Had to have been saving regularly with the Building Society for at least 2 years to get the minimum 10% deposit.
They weren't at all keen on lending to a single female, rather outside their comfort zone - a single man would have been OK.
I probably looked shabby too. It's my default setting. I can achieve shabbiness whatever I wear, in a remarkably short period of time!

LydiaJ

lemonjelly wrote: »

I have the same PN. I don't mind transferring money from one account of mine to another. I'm already a bit worried about transferring such a volume of cash to the solicitor.

I also update my bank accounts list every 3 months. I'm dreading the next update...

I wasn't worried about paying the money to the solicitor. If their bank goes bust with your money in it then their insurers have to pay up. I was worried, however, about putting it all in one place in order to pay it over to the solicitor - having spent the previous year or so since getting the life insurance never having more than £85k in any one bank.

lemonjelly wrote: »

I never had to provide anything like that to the EA. It isn't any of the EA's business.

As Nikkster says, solicitor.

Jelly, you are getting a mortgage. Has the EA asked for proof of your mortgage offer? For buyers like PN and me who aren't getting a mortgage, they ask for proof of funds instead. It's standard, I think, although they ought to accept the solicitor's word for it if PN shows her proof to the solicitor.

PN, could you shuffle your money around, so that the amount you want to keep hidden is in one account, and then you can show them proof of what's in the other accounts and it will add up to the right amount?

I had to provide not only proof of my own money, but proof that my dad had enough to make up my shortfall, together with a letter from him saying that he was going to lend me £x to buy my house with.

Nikkster wrote: »

Sounds like that to me too, lir.

And me. You earn shedloads, michaels. What is it all going on? Is it stuff like mortgage payments, that you're stuck with? Or MSE activities, like maximising your future pension, that you could scale back on? Or on fun things for your DKs (and DW?) but not for you (or DW?), that you could rebalance?

ukmaggie45

Today I can report that there are a few patches of snow left on Snowdon.

Two and a half hours trip to caravan, A55 surprisingly clear (compared to summer anyway). Central heating on, it's currently working. Water is still working. Phone and internet is working. But we forgot to bring the TV with us - it broke last year and got fixed under guarantee, but it's boxed up in the Music Room at home, all ready to bring... But we forgot. <Rolls Eyes>

Lots of primroses in the "hedge". And looks as if the agapanthus is doing well in the hedge too, we just need to try and keep it clearer of bracken this year.

Gotta prune the buddleia really hard too, coming here this early means it hasn't really got going yet, so we can try and shape it a bit better too so it doesn't overhang the patio quite as much.

PasturesNew

LydiaJ wrote: »

PN, could you

Yes, I've got enough to add up to the number that matters..... but I've now decided not to show them anything

PasturesNew

ukmaggie45 wrote: »

.... we forgot to bring the TV with us ...

Nuisance! But it's probably better to have all the other stuff working, than the TV

Nikkster

LydiaJ wrote: »

I wasn't worried about paying the money to the solicitor. If their bank goes bust with your money in it then their insurers have to pay up. I was worried, however, about putting it all in one place in order to pay it over to the solicitor - having spent the previous year or so since getting the life insurance never having more than £85k in any one bank.



Jelly, you are getting a mortgage. Has the EA asked for proof of your mortgage offer? For buyers like PN and me who aren't getting a mortgage, they ask for proof of funds instead. It's standard, I think, although they ought to accept the solicitor's word for it if PN shows her proof to the solicitor.

PN, could you shuffle your money around, so that the amount you want to keep hidden is in one account, and then you can show them proof of what's in the other accounts and it will add up to the right amount?

I had to provide not only proof of my own money, but proof that my dad had enough to make up my shortfall, together with a letter from him saying that he was going to lend me £x to buy my house with.



And me. You earn shedloads, michaels. What is it all going on? Is it stuff like mortgage payments, that you're stuck with? Or MSE activities, like maximising your future pension, that you could scale back on? Or on fun things for your DKs (and DW?) but not for you (or DW?), that you could rebalance?

With the transfer to solicitors - my biggest concern was that I'd have an attack of fat fingers and someone would think they had an anonymous benefactor :eek:

My EA didn't ask for proof of either my AIP or formal mortgage offer. As far as I'm aware, the solicitor didn't send them to the EA either (unless they did so without telling me). My second viewing was with the EA's in house financial advisor (relative of one of the EAs, lived around the corner) - he mentioned he could help me if I needed it. I said I'd already got an AIP with Halifax and that was the last that was mentioned of it. Maybe I've got an honest face. Maybe the EA was a bit slack (though I was good for the money). Maybe they were reassured by the speed at which my solicitor and bank were in touch to arrange things. I wouldn't have been keen on the EA having my AIP + bank statements, they might have seen potential to squeeze a bit more out of me (my rainy day money). I'd definitely try going via the solicitor in the first instance. I'd hope that would be good enough.

Who knows what goes on in the mind of an EA though?!

Edit: and to the last para. Not necessarily for michaels to answer, but is it just the money that's preventing you from doing things 'just for fun'? Or the time? Or the energy? Or the feeling you should be doing something more 'productive' or 'educational'? We need more to live on than just work, food and sleep. That's just surviving IMO.

CKhalvashi

PasturesNew wrote: »

However, I took a drive by of the one I am "buying" .... and there always seems to be a car parked badly outside 4 doors down (wonky parking/on double yellows) and a random HGV lorry and trailer parked up half on the pavement just close by.
Question is, "is the location just too 'industrial' for me?"

The lorry should not be there, unless the base is there (which on a residential, as long as it's not recovery, I doubt).

The largest that is generally allowed to go home with an employee is 3.5t (and i think in size, that's an XLWB Iveco) with no more than 8+1 seats.

CK

ETA: Bugs got there before me.

Nikkster

bugslet wrote: »

love beetroot and am growing som, it's just started to sprout.

I checked in on my little seedlings when I got up this morning, and was looking forward to getting back home to them this evening.
Slightly overexcited.