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RBS mortgage?

ickleric
ickleric Posts: 10 Forumite
in Mortgages & endowments
Hi,

Looking to move house shortly and I did a mortgage in principle on RBSs website I made sure all the info I put in was correct.

How close to that figure is it likely to be when I apply for a mortgage?

Any one had experience of applying for a RBS mortgage in the last year, has anyone managed to get one with RBS?
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Comments

  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Why did you choose RBS out of all the lenders in the market?
  • ickleric
    ickleric Posts: 10 Forumite
    They seem to lend more on the calculators. I thought it would be better to get someone who will lend the most due to the tight restrictions on mortgages now
  • antrobus
    antrobus Posts: 17,386 Forumite
    ickleric wrote: »
    ...Any one had experience of applying for a RBS mortgage in the last year, has anyone managed to get one with RBS?

    On the basis that RBS advanced £23bn worth of mortgage lending in 2015, I think the answer might be 'yes'.
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    ickleric wrote: »
    I thought it would be better to get someone who will lend the most due to the tight restrictions on mortgages now

    Lending isn't tight. Criteria is tight. As people are ill prepared for what would be regarded as more normal levels of interest rates.
  • ACG
    ACG Posts: 24,680 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've helped Parliament
    Ive done 2 this year and have another 2 going through with them at the minute...I thought I had done more than that as I seem to speak to my account manager almost weekly! She must hate me.
    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.
  • ickleric
    ickleric Posts: 10 Forumite
    I only want to borrow around around £35k less than what RBS mortgage in principle will lend.

    I am worried i won't get a mortgage, as my credit rating isn't brilliant had some late payments and gone over my overdraft and credit card limits this year
  • kingstreet
    kingstreet Posts: 39,309 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    ickleric wrote: »
    I am worried i won't get a mortgage, as my credit rating isn't brilliant had some late payments and gone over my overdraft and credit card limits this year
    Current account conduct has to be spotless in the last three months otherwise you risk a decline post-submission.
    I am a mortgage broker. 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. Please do not send PMs asking for one-to-one-advice, or representation.
  • ickleric
    ickleric Posts: 10 Forumite
    For late and going overlimits??

    I have been in this situation for about a year or two, I am hoping to be clear for around 6 months before I apply for the mortgage but do you think I will struggle getting a mortgage with my poor history??
  • amnblog
    amnblog Posts: 12,761 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    You may well do, if you continue to try to manage it yourself.
    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.
  • ickleric
    ickleric Posts: 10 Forumite
    I may struggle or I may get one??
This discussion has been closed.
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