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old_hat
old_hat Posts: 87 Forumite
Sixth Anniversary Combo Breaker
in House buying, renting & selling
We were lent money on a flat above commercial premises. The same lender only 6 months later have refused to lend to a new couple. Are there ways in which we can appeal...
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Comments

  • Guest101
    Guest101 Posts: 15,764 Forumite
    old_hat wrote: »
    We were lent money on a flat above commercial premises. The same lender only 6 months later have refused to lend to a new couple. Are there ways in which we can appeal...



    What? no, ofcourse not.
  • sparky130a
    sparky130a Posts: 660 Forumite
    old_hat wrote: »
    We were lent money on a flat above commercial premises. The same lender only 6 months later have refused to lend to a new couple. Are there ways in which we can appeal...

    a) You got lucky
    b) The lenders wondering why you want out so soon...
    c) Appeal what? It's not your finances...

    In short, No.
  • old_hat
    old_hat Posts: 87 Forumite
    Sixth Anniversary Combo Breaker
    We dont want out so soon. We got very unlucky. It is our finances. We were given a mortgage on it. That is our finances
  • Guest101
    Guest101 Posts: 15,764 Forumite
    old_hat wrote: »
    We dont want out so soon. We got very unlucky. It is our finances. We were given a mortgage on it. That is our finances



    What??!!


    Look you cant appeal a mortgage decision for someone else. End of.
  • Richey_
    Richey_ Posts: 334 Forumite
    Old Hat looking at your previous posts you had exactly the same problem last October in a flat you had lived in for 8 years that buyers couldn't get a mortgage on your property and you had a cash buyer pull out in the advice of their solicitor owing to lease concerns.

    What sort of properties are you buying to keep coming up against the same problems ?
  • ReadingTim
    ReadingTim Posts: 4,084 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Richey_ wrote: »
    Old Hat looking at your previous posts you had exactly the same problem last October in a flat you had lived in for 8 years that buyers couldn't get a mortgage on your property and you had a cash buyer pull out in the advice of their solicitor owing to lease concerns.

    What sort of properties are you buying to keep coming up against the same problems ?

    Suspect it's the same problem(s) as it's the same property - the OP is just posting again because they didn't get the answer they wanted to hear the last time around.
  • sparky130a
    sparky130a Posts: 660 Forumite
    old_hat wrote: »
    We dont want out so soon. We got very unlucky. It is our finances. We were given a mortgage on it. That is our finances

    Yes you do. Now stop being stupid.
  • old_hat
    old_hat Posts: 87 Forumite
    Sixth Anniversary Combo Breaker
    Not being stupid. Samtander leant to us to buy it / then to extend the lease. Seems they were only ever prepared to lend to us and no one else!
  • Guest101
    Guest101 Posts: 15,764 Forumite
    old_hat wrote: »
    Not being stupid. Samtander leant to us to buy it / then to extend the lease. Seems they were only ever prepared to lend to us and no one else!

    That's their choice. You can't force them to lend money to someone else.
  • old_hat
    old_hat Posts: 87 Forumite
    Sixth Anniversary Combo Breaker
    Agreed. So we are stuck
This discussion has been closed.
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