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MIP with NatWest but need different terms.
mrsmortgage
Posts: 486 Forumite
My MB has sent me the MIP. I know it's with NatWest because ClerScore have me a heads up they'll perform a hard search. The terms are £175k at a maximum of 15% LTV.
When I spoke to the MB we thought that we wanted a higher deposit Vs purchase price (we were on holiday and EA was being a pain about wanting to see the MIP, we just wanted to get it out of the way ASAP). But have decided that we'd rather have a lower LTV and a higher loan (180k). Would this still be possible or has that ship sailed?
Thanks!
When I spoke to the MB we thought that we wanted a higher deposit Vs purchase price (we were on holiday and EA was being a pain about wanting to see the MIP, we just wanted to get it out of the way ASAP). But have decided that we'd rather have a lower LTV and a higher loan (180k). Would this still be possible or has that ship sailed?
Thanks!
0
Comments
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Call your Broker and Tuesday and change, their working for you
But are you just getting a MIP for the sake of getting one or have you offered on a house?
If you have not offered I wouldn't bother as more searches on your credit file is a negative. When you go to full application is where it counts on your exact numbers"It is prudent when shopping for something important, not to limit yourself to Pound land/Estate Agents"
G_M/ Bowlhead99 RIP0 -
I have already offered and they're "sleeping on it" . It's really only £5k what we need and we're good to go (if they accept of course).0
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