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Remortgage & possible structural problem

Hi,
Not sure if I'm posting this in the right place, so feel free to move if not! I have recently been turned down for a remortgage with Abbey as their valuer found evidence of cracking (its aground floor flat). I got a specialist report which says there is no way of knowing whether its progressive without monitoring (there was no problem when I bought the flat 3 years ago, although some of the cracks were already there).
Will anyone give me a remortgage, as I'm on a cr*p rate at the minute which is costing me a fortune!
Thnx

Comments

  • ctabuk
    ctabuk Posts: 113 Forumite
    The Abbey would have most likely done it if they had other lending in the block. What security (24 hour consierge) (TV Camera's) How many floors all together?
    If you don't get what you want - you'd better hope you want what you get

    I am a Mortgage Adviser
    You should note that this site doesn't check my status as a Mortgage Adviser, 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.
  • elvis_girl
    elvis_girl Posts: 244 Forumite
    Its just a ground floor maisonette type thing ( it looks like 2 semi detatched houses but its 4 flats) The crack is on all 4 of the flats!
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