FTB - Electoral Roll

PinkLady25

Hi all

Please accept my apologies if this has been answered elsewhere, but could do with a bit of clarity/guidance with regards to a FTB mortgage and the electoral roll.

I was on the electoral roll for all 3 of my previous addresses under my maiden name. Married July 2013 and completed forms to be registered at last address under that name.

Moved into in-laws last month to help save for a bigger deposit and to ease the financial burden when we eventually move; registered with electoral roll online with my married name at in-laws address (ditto with my husband).

I then received a letter telling me I was no longer on the register and my details didn't add up with DWP and could I provide evidence from a list. I have the documentation they are after, but I believe it may be too late to be included on the 1st December register and I may have to wait until February next year before it's updated with credit ref agencies?

I have updated my details with DWP/tax office but I am guessing they will take a few weeks to update their end? Acknowledgement email said 15 working days

My question is - is it unlikely that a 90% LTV mortgage will be accepted without me being on the register? My husband hasn't had any letters like I have so assuming there were no issues with him being registered as he has previously lived there, no change of name etc.

Just concerned really as we have seen a house we like, we have enough for a 10% deposit and considering going to view, but don't want to apply for the mortgage if we're going to be rejected anyway.

Thanks for reading if you've got this far!

kingstreet

A lender doesn't expect you to be visible on the voter's roll at your new address five minutes after you move in.

As long as it can see your history over the last three years and links your maiden and married names (make sure you state both) you should be fine.

PinkLady25

Ah that's excellent news, that's one less thing to stress about!

Thanks for taking the time to reply so quickly - really appreciate it.

Out of interest, I was hoping you'd reply as I see you're a mortgage broker - as 1st time buyers looking for 90% LTV do you think we'd be foolish not to go through a broker?

kingstreet

I wouldn't say foolish.

If you are happy you've fully researched the criteria and products of the lenders you've shortlisted and have ensured you've got all the angles covered there's nothing wrong with applying direct.

There are lots of people who really need a broker and others who can survive perfectly well without.

exoteric

PinkLady25 wrote: »

Out of interest, I was hoping you'd reply as I see you're a mortgage broker - as 1st time buyers looking for 90% LTV do you think we'd be foolish not to go through a broker?

Personally, having just applied via a broker, I think everyone should - especially if you can find one who is fee-free because you will benefit from their experience, skills and inside knowledge but it literally costs you nothing. Good luck!

PinkLady25

Thank you both.

It does sound like a wise thing to do, not having much experience in financial areas and so on - it does seem a little daunting!