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NATWEST Morgage in Principle VIA Broker
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Newbiejono
Posts: 61 Forumite
Hello, bit confused.
My broker tried for an agreement in principle, it took about 3 days, he just phoned and said they need to submit a full application and Natwest need my card to take £1 out.
thinking about this now, I am confused, should I not have had an agreement in principle first. Broker said they were told to submit an app...
also I thought Natwest took valuation fees when app is started, any ideas what the £1 is for
My broker tried for an agreement in principle, it took about 3 days, he just phoned and said they need to submit a full application and Natwest need my card to take £1 out.
thinking about this now, I am confused, should I not have had an agreement in principle first. Broker said they were told to submit an app...
also I thought Natwest took valuation fees when app is started, any ideas what the £1 is for
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Comments
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Have you not been in the UK very long?
The £1 is just an ID check. They refund the £1.I am a Mortgage AdviserYou 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.0 -
The decision was "refer" which means they will only work on a full application. You have to supply card details and accept the £1 debit for card verification to be able to continue...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.0
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I think they spend it on sweetsI 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.0 -
yes my desscion was refer 3 days ago, only now they asking for £1.
Would the Csse have been looked at in some sort of form at this stage ?0
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