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underwriter declined let to buy mortgage

dobymicks · 2015-07-24 14:25:30

[FONT=&quot]Hi Just had an application for a let to buy mortgage declined by a senior underwriter. The reason given was:[/FONT] [FONT=&quot]“ I can confirm that our senior underwriting have declined this application as the onward residential purchase is of much less value and less desirable than the security.”[/FONT]…

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dobymicks Posts: 97 Forumite

6 August 2015 at 7:53PM

After we reassured the lender that we would abide by the terms of the Mortgage we feel it a bit of an insult to be told they do not believe we would keep to our word.
Toys and pram maybe but we are happy with our decision, I doubt loyalty stand for much in any case.

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underwriter declined let to buy mortgage

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