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Melton Mowbray BS mortgage?
lindsaygalaxy
Posts: 2,067 Forumite
Does anyone have any experience of using Melton Mowbray BS for a mortgage?
Thank you
Thank you
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Comments
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Why do you ask?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 -
We are looking at using them for a mortgage. I am a discharged bankrupt (6 years discharged April 3rd) and they are the only one I can find who at 10% deposit will consider us. Ideally we would wait, but we have found a property that we want to offer on. The market here is moving at a scary rate with 3beds going same day on first viewings, they are also rising at a rate faster than we can save.
We have a broker that tried with Halifax 6 months ago but they sais no (it was at 5% then though) so she wants to wait until April (which I know would be the most sensible thing!). MM have looked through the credit reports and are happy that we should apply.£2 Savers club £0/£150
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Is the broker suggesting Melton?
Your decline by Halifax based on a 5% deposit is not surprising given your history. Credit scoring at that level is very tight.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 -
No, sh only wants to wait. Melton is who I have found by doing mu own research.£2 Savers club £0/£150
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You have a complex adverse history and should not be trying to sort this yourself.
If you are not confident in your broker engage another with a better grasp of adverse cases.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 -
lindsaygalaxy wrote: »Does anyone have any experience of using Melton Mowbray BS for a mortgage?
Thank you
So what are your concerns given you've done the research?0 -
I was just looking to see if anyone else had experience of using them as they are not one of the big banks.£2 Savers club £0/£150
1p a day £/0
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