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Underwriter taking an age, help pls

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Comments

  • ACG
    ACG Posts: 24,690 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've helped Parliament
    A new lender.

    I am surprised you were using such a specialist lender in the first place to be honest. I have not done one in a while, but I would imagine there are lenders who will use rental income to support a mortgage where it is supported on SA302s.
    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.
  • It's just common as a less offer then your but really its not good.
    have you any detail of lender???
  • ritz55
    ritz55 Posts: 192 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    I think were we are struggling is that we are looking for a multiple of 4.69 total income including the SA302's however excluding the potential rental income from the Let to Buy.


    BTW the lender was Secure Trust Bank
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