I need help. Advice and a rant. FTB feeling let down.

zarf2007

there are do-ers and thinkers in this world, it sounds like the OP is the latter....the problem is by the time he has thought it through someone else will have the key to his new house.....


FTB's are annoying for this reason, sometimes in life you need to take on a certain level of risk to get anywhere, maybe you would call me a gambler but at the end of the day you are a long time dead.....

amnblog

zarf2007 wrote: »

there are do-ers and thinkers in this world, it sounds like the OP is the latter....the problem is by the time he has thought it through someone else will have the key to his new house.....


FTB's are annoying for this reason, sometimes in life you need to take on a certain level of risk to get anywhere, maybe you would call me a gambler but at the end of the day you are a long time dead.....

This is a little unfair Zarf.

It is part of my job to control the situation to the benefit of the applicant.

Helping 'thinkers' to make decisions and FTB's to get comfortable.

Otherwise they may as well just go to a bank of their own choosing and make a mess of it all.

Dealing with a client whose personality it the polar opposite of your own is always tricky but it goes with the territory.

antispam246

Let_Us_See wrote: »

antispam246 you are prevaricating again and getting nowhere. If you have doubts concerning the ability of your broker then change broker. Otherwise these doubts will only increase and lead to additional stress. As I have already stated your requests are straightforward and any experienced broker can address them and save you a lot of time and stress, plus there will be no need to post on this forum.

Wasn't the first time, still not. Are you referring to something specific because I couldn't be speaking anything but the truth, I really don't have a reason to lie, so that's got me confused, unless you're using the wrong word?

Any particular reason to change broker versus direct, since that's your opinion, and that's what I'm after essentially. Put it this way, I had an experienced broker, atleast I thought so. I kinda figured that's what the forum's for, so despite my best intentions, why not (;

Alphamare wrote:

With all the leg work you do (and your very controlling nature ) I suggest you just get on and chose a mortgage and apply. BEFORE you cause the sale to fall through. Seriously.

That's the plan stan. As stated, understood, I guess me giving the short version didn't put the timing of things into perspective, bottom line, you stating I could cause it to fall through is way way off, you'll have to trust me on that, bad assumption(s).

zarf2007 wrote:

there are do-ers and thinkers in this world, it sounds like the OP is the latter....the problem is by the time he has thought it through someone else will have the key to his new house.....


FTB's are annoying for this reason, sometimes in life you need to take on a certain level of risk to get anywhere, maybe you would call me a gambler but at the end of the day you are a long time dead.....

Honestly, you're an idiot. Bitter one at that, no longer need to assume this, you made your point and case. Your initial reply was unhelpful and flammatory, I actually tried to help you by picking out the only relevant helpful part of your post and your reply is to ignore that and turn up the heat.

Back on track,

For those that want to keep pushing really poor assumptions, purely based on the way I write on a forum which has absolutely no reflection on me, my actions, my personality etc.. don't bother, again, it's not relevant, I think I know myself better than that but hey thats the internet.

I've acted immediately at the first clear point that things weren't going as would be expected in anyones shoes at this point. I've not simply dwelt on this for the past 3 months. I can't both give someone space to get on and be a do-er. Some of you are pushing the same thoughts but actually contradicting one another, which is amusing.

Anyway, between my last post and now, I took my own advice and those that were actually helpful. In that short frame of time,
1) Rejected at affordability for 1st choice direct
2) Accepted at affordability for 2nd choice direct (essentially exactly the same mortgage, just different lender)
3) Secured MIP
4) Processed through 1st stage interview (took about an hour), everything went exceedingly well. 2nd interview is booked for this saturday.
5) Completed budget and insurance documents for lender (as I already did them ages ago)
6) Pre filled 80% of secondary interview information for saturday, rest is documents to attach BY saturday
7) Continued shopping for a conveyor. Found what I was looking for, instructed them. Filled necessary initial information.
8) Passed solicitor information to estate agents, updated them on mortgage process.
9) Contacted vendor and updated them on AIP and solicitor.

Again, I see the pre-conception is, I am as I write. Things don't work like that, otherwise this world would be a really messed up place.

Hands up I'm a FTB, it's not like any of this is taught in school and the majority of peoples opening responses to buying a house is to get a broker because they will do everything for you. I'm not saying that's not true, or a bad thing or that it would have eventually ended up that way for me, you just don't know and it's different for everyone, so it never hurts for a second opinion.

Daisybaby1

You seem like you have everything in hand and I think it's good to be thorough. I wish I'd had as much confidence and done as much research as you when I was a FTB, maybe then we wouldn't have ended up with a rubbish broker and been further shafted by her 'recommended' conveyancers. Good luck with it all, sounds like you'll be just fine

Alphamare

OP**That's the plan stan. As stated, understood, I guess me giving the short version didn't put the timing of things into perspective, bottom line, you stating I could cause it to fall through is way way off, you'll have to trust me on that, bad assumption(s).

For those that want to keep pushing really poor assumptions, purely based on the way I write on a forum which has absolutely no reflection on me, my actions, my personality etc.. don't bother, again, it's not relevant, I think I know myself better than that but hey thats the internet.** OP



If I knew how to quote I would.

It is not a bad assumption given that I read the entire post!
You have spent a long time pondering over your (what is a relatively simple fix) situation. This length of time will be delaying your purchase.
Purchases usually start with an accepted offer followed extremely quickly by your mortgage application. This delay is even more concerning given the length of time mortgage applications have been taking with the run up to and change over of MMR systems.

If I was the seller (even if the seller isn't in a chain (is this information offered I don't know from your wall of text) I would be doubting your seriousness if you didn't have your mortgage application underway within the first few days of the chain being formed.

Why ask for advice if all you are going to do is treat those of us who took the time out of OUR very busy lives (you make the bad assumption that we all have a spare half hour to waste on your problems) to try and help you only to be treated with complete and utter disdain.

danielanthony

Dude....

Ditch the broker and go direct, worked for me. Plenty of advice on here as to who you'll be most likely to be accepted with, check your credit file etc. don't over complicate things, buying a house is stressful enough. Just go with a local solicitor and the mortgage company will sort the surveyor. Simples.

tigsly

If you've found a good deal that in the long term will cost you less.. can you 'book it' .. and save yourself the broker fee?

If you are in a good position.. as in no credit issues, good income, and small LTV.. then approach the bank/building society - direct..

IME - which is limited _ I rang the bank - answered a few questions (abotu 1 hour of my time).. got an AIP.. rang again and answered a few more questions (another hour..) then I had to do a bit of chasing (this was partly my own fault - I didn't book the mortgage rate immediatly - I waited till the valuation had been done. then the booking fee changed (doh!) .. the computer system was down - and I had to restart the process.. I think i was slightly unlucky - the bank had just changed its - system..

anyway - long adn short the actual mortgage part - was not 'difficult' just invovled a bit of chasing - and you sound a bit like me - like to 'be in control!

on the other hand if you have a dodgy credit past.. or 'non standard' income -t hen a broker may be for you!

Thrugelmir

antispam246 wrote: »

5) No actual mortgage suggestions despite several requests, awaiting a final time on what we would be offered in comparison despite broker pointing out the difference in expense.

Because like buying a car it's your choice. Mortgage products come and go every week. A broker can only suggest.

At a point you are simply wasting peoples time. They've other clients as well as you.

Thrugelmir

I've had alot of trouble choosing a conveyancer, it's a god damn awful minefield out there and as a first time buyer buying our dream property I hope you understand that I'm very edgy and choosy. I want what everyone else wants, idealistically, fast process, low cost, secure and dependable. It's irritated the hell out of me how the fees differentiate from one solicitor to another and the numerous ways they are portrayed as to confuse you.

I've never had a problem. Majority of cost in any housing transaction is fixed. As its merely disbursements not fees. The fees being relatively small. So for the sake of £50 or £100 I would always opt for a reputable local solicitor who is easily accessible. Far easier to speak face to face if any issues arise.

antispam246

zarf2007 wrote: »

Who cares what you think, send me a postcard when you've lost the house and others are sitting in it. Loser.

Obviously not you, just makes it easier to disregard from now on, consider this highlighting that these forums would be better off without you judging from the rest of your posts.