Natwest massively reduced offer from AIP HELP

Klappin1988

Ok I’ve used the calculator and I’ve put in my earnings with no commission at all and all the debt to the penny and it’s still showing as £178,000 which is more than we need so something is seriously confusing.
I was hoping that might shed some light but I really don’t understand at all where their new figure is coming from I’m not surprised our MA is confused based on that he probably thought we would sail through.

Klappin1988

Thanks I’ve checked credit karma and clear score which I believe is Equifax that Natwest use and nothing on either undisclosed

kingstreet

Do Experian as well.

Belt and braces.

Klappin1988

Done still nothing only thing I can see is that one of my cc has my address as flat 3 instead of just 3 surely with the rest of the address being right this could not affect anything

[Deleted User]

any student loans on the payslips? They can sometimes get missed off as it doesnt feel like a 'credit commitment'

or gambling transactions on the bank statements? Sometimes they add up the total and take as a commitment

Retired_Mortgage_Adviser

I don't see anything obvious but my sixth-sense as an ex-broker says that your broker made a boo-boo.

In your place, I would seriously consider taking a second opinion. As kingstreet says above, there are a large number of factors that need reviewing and it might be best to have a second pair of eyes to look it over once more.

Klappin1988

No student loans they are paid in full.

Gambling is another matter we both like a flutter but my OH puts his family’s bets on aswell as his own through his account and they give him the cash both his dad and brother don’t own smart phones so come to think of it it could look like he is betting a lot more than he actually is.

[Deleted User]

Klappin1988 wrote: »

No student loans they are paid in full.

Gambling is another matter we both like a flutter but my OH puts his family’s bets on aswell as his own through his account and they give him the cash both his dad and brother don’t own smart phones so come to think of it it could look like he is betting a lot more than he actually is.

To be honest, if the underwriter gets a different answer than the broker it should be just as easy as the broker calling the number on the email and talking it through. Natwest usually give direct access to the case underwriter with stuff like this.
Its very strange you are unsure whats happened as they are usually really easy to communicate with .

If i were you, I would expect more from your broker to get answers for you

Klappin1988

Thanks to say I’m not happy with the broker is an understatement.

We were referred to him by the developer and he seems to not start work until 11am then spend all day in meetings

LRmortgage

Are you using help to buy?
I only say that as you’ve just mentioned a developer... if so, HTB limit income multiples to a maximum of 4.5 x joint income. Could this be changing the dynamic of the calculation a little?

If you’re not using HTB, get a second opinion from a broker not linked to the developer....