NatWest morgage sent to different department because of a internal marker 29 April 2019 at 4:54PM in Mortgages & endowments 8 replies 762 views

James_d_2

Have applied for a morgage with NatWest all was going well
Had a aip
Submitted full application
Survey fine
affordability fine
Credit file brilliant

But has been referred to a different department cause of a internal marker and will get
Back to me within 48 hours

Only thing I can think of is I had a account and business account with them about 13 years ago when I became self employed and was
Hard and they ended up closing them I’m
Sure I never owed them any money in the end though
Will they really refuse me a morgage when that was 13 years ago and the morgage I want I have 41 percent deposit as well
And they can see I always pay my bills and earn over 80k a year now and my Lloyd’s accounts are in great shape

ACG

If they had to write off a penny, it will probably get declined.
If you satisfied the debts in full, then you will be fine.

James_d_2

I just don’t know it was so long ago now don’t remember them ever chasing me for money though tbh
Only reason my broker whent with them is I’m a cis contractor now and they take a average over the last 12 months

amnblog

Sounds like a random internal audit case. If so, routine procedure for them to manage their quality standards rather than specific to your case.

What has the broker said?

James_d_2

All I remember is that in my early days of being self employed I was
Always overdrawn etc

And they ended up refunding some bank charges to the account to get it back to 0 and then closed
It I just don’t ever remember owing them any money at the end and don’t ever remember them chasing me for any

James_d_2

Broker said it is something to do with past accounts that just has a flag on it and that they will give a answer within 48 hours hopefully Tomorrow just really !!!!ed now as that was over 13 years ago as well and I been fine ever since

Thrugelmir

James_d wrote: »

And they ended up refunding some bank charges to the account to get it back to 0 and then closed

Refunding or writing off is a material difference.

James_d_2

So just have to wait and see what they say then and hope my broker has a plan b if not
Just really stressed now I spent 12 years building my business and paying all bills on time every time

James_d_2

Well panic over just got my mortgage offer from NatWest
Safe to say am so so happy

Seems like my past 13 years ago with them didn’t make any difference

I can now sleep tonight