Melton Mowbray

Newby76

Hi

Just wondered if anybody has had a mortgage through Melton Mowbray BS and if so how the application went?

One for the brokers, is the decision in principle from MMBS reliable?

Thanks in advance for any help!

Newby

ACG

I called them twice for a self build. I spoke to the same person both times, he was rude and unhelpful. So I never went any further.

Do you have a broker?

Newby76

No not at the moment. Spoke to a couple but they couldn't help.

We are looking for a 95% LTV on a shared ownership property. The big hurdle has been the fact that my wife had an IVA in the past (settled May 2012).

Before giving up I done some research and I could see that the criteria for Melton was that they would consider IVA after 4 years.

Have a mortgage in principle and now going through full application. Just wondered how reliable the mortgage in principle is.

Joint Salary - 58k
5% deposit on 40% share (full price £290000)
Mortgage required £110000

We did plan on saving longer for a bigger deposit but this house came up and it would be our dream home. Plus got married a few months ago and that was bloody expensive...

amnblog

Melton are tricky when we use them, but can be effective. Be patient, and good luck with it.

Newby76

Thanks for the feedback it's appreciated.

I think I must have read every mortgage thread on these forums over the last week or so trying to put my mind at ease.

Our advisor has been nothing but helpful so fingers crossed.

leahjones19

did you end up getting a mortgage offer through Melton?
I submitted a full application last week (via broker) and still haven't heard a thing!