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gap in employment - mortgage pulled
apple-puff
Posts: 3 Newbie
Hi,
My wife and I have had an offer accepted on a house, we have a LTV of 81%.
We paid for and submitted a mortgage application to the coventry building society through a broker. Due to a mix up (clerical error with dates at brokers end), it wasn't noted that I had a gap in my employment history and the broker has pulled the application as he says it will be refused.
Does anyone know; whats the best thing to do in this situation? Could my wife get the mortgage in just her name? Are we looking at much worse rates now if we apply together?
Thank you.
My wife and I have had an offer accepted on a house, we have a LTV of 81%.
We paid for and submitted a mortgage application to the coventry building society through a broker. Due to a mix up (clerical error with dates at brokers end), it wasn't noted that I had a gap in my employment history and the broker has pulled the application as he says it will be refused.
Does anyone know; whats the best thing to do in this situation? Could my wife get the mortgage in just her name? Are we looking at much worse rates now if we apply together?
Thank you.
0
Comments
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The broker will probably reconsider the case with an alternate lender.I am a Mortgage Broker
You should note that this site doesn't check my status as a Mortgage Broker, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.0
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