How long did nationwide take to respond.

littlelost

They are my local high street broker (we only live in a small town)


We have one default for £100 (registered on both of our files) for British gas £100 Jan 2010


One default on my file for Lowell portfolio £28 July 2011


One default on my husbands file for HSBC £53 September 2009 relating to a bank charge following him closing his current account.


(HSBC have actually agreed to remove this however it is still showing and have been advised that it may take up to a month.)


My Husbands Experian score is Fair whereas mine is poor

littlelost

I just really don't know where to turn, we had initially intended to just wait until all our defaults had dropped off before moving. However on the advise we received from the broker towards the end of last year that we would get a mortgage we put the house on the market. What a fool I have been....

amnblog

kingstreet wrote: »

As a broker you worry about getting the mortgage first and the rate second.

We cannot afford string of speculative applications which are declined. We're supposed to ensure the application meets the lender's requirements before we undertake any searches or incur costs on behalf of the client.

Correct - totally puzzled as to why this case was thought suitable for Santander.

littlelost

What would your advise be to me now?

amnblog

We cannot 'advise' you as we do not know your case.


Since your details are already with Nationwide you may as well see what they say - but expect to wait a number of days for a response.


If Nationwide give you a second 'no' you may like to consider if your broker has much experience with patchy credit and elect to use another.

littlelost

Is there a broker that you can recommend or maybe a national broker? Its just we only have one in our town that deals with mortgages.


Thanks

justcat

I recommend asking your friends and family or looking on Google and checking out reviews

littlelost

Well after all of yesterdays drama we have today been told that Nationwide have offered us a DIP. Its just a shame that we no loner have a property to offer on!!


Oh well fingers crossed something else comes on the market.

kingstreet

We're still waiting for the result of ours...

littlelost

The property that we are looking at has now gone and there is no room to do any gazumping!! How long does the decision in principle remain valid for and what then happens if we find a property costing slightly less?


Thanks