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Shared Ownership Problem-please help!
pinkisgreat1984
Posts: 11 Forumite
Hi all,
buying a shared ownership property,turned out to be the mortgage lender don't aree with the lease details from the housing associaion (they want me to be able to purchase 100% of the property,lease only allows 90%). means that I have to look for another mortgage lender- the lender that the broker wants me to go for; ive been credit checked for that particular lender already and i failed (with a previous broker 3 weeks ago) in the meantime the seller is telling me that her solicitors are waitingto talk to mine,but I dont have any yet.
I don't really know what to do, i haven't told the seller anythign yet, just wondered if it was worth looking for a property that I can buy 100% of, as I don't want to be credit checked again knowin that i'll fail
buying a shared ownership property,turned out to be the mortgage lender don't aree with the lease details from the housing associaion (they want me to be able to purchase 100% of the property,lease only allows 90%). means that I have to look for another mortgage lender- the lender that the broker wants me to go for; ive been credit checked for that particular lender already and i failed (with a previous broker 3 weeks ago) in the meantime the seller is telling me that her solicitors are waitingto talk to mine,but I dont have any yet.
I don't really know what to do, i haven't told the seller anythign yet, just wondered if it was worth looking for a property that I can buy 100% of, as I don't want to be credit checked again knowin that i'll fail
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