Santander Decline Help

martin195

Hi,

Thanks for taking the time to read my post.

So basically, me and my partner have very different credit reports. I don't have any late payments, CCJs, defaults etc and have a good history of repayments.

My partner on the other hand had a period last year where she lost her job and ended up with three recent defaults.

We applied at Santander and were declined at underwrite after a DIP/AIP, the response was that the credit report didn't meet their internal lending policy, it doesn't specifically say who, but I suspect it's my partners.

Here's the core issue - my annual salary is £28,250, and I have both of our cars on finance in my name (£362pm and £200pm) meaning it makes my income to loan against much lower, this is why we needed my partners income to boost it for the mortgage.

I've been able to apply with Santander again on my own, they've given me another AIP/DIP, I've been honest with my outgoings and declared both of the cars as I did originally, whats my odds?

The loan is for £126,825 on a property we have had an offer accepted on for £133,500. The loan amount is 95% LTV.

chunkytfg

Why not speak to a proper Mortgage advisor together and look at your options realistically.

You've already been declined once. This application will more than likely get looked at again and what happens if they see that you've already been declined because of someone who you've now not included?

martin195

She's listed as being an occupier of the property over 17 years of age, nothing is incorrect on the application, just a single application.

chunkytfg

martin195 wrote: »

She's listed as being an occupier of the property over 17 years of age, nothing is incorrect on the application, just a single application.

To be fair I wasn't suggesting you were trying to mislead the Bank:)