Vida Mortgage - Appeal?

MovingForwards

Toodlepips said:

Apologies, it was the impression we had got from the broker that precise was the last option. It was one Barratt’s wanted us to go with, new homes mortgage helpline or something like that. 

So a broker who does not deal with adverse credit and tries to dip their toe in.

You need a specialist adverse credit, H2B, broker. Someone who understands the criteria of the adverse lenders and can match you with the right one.

--Specialist adverse brokers don't try pot luck when placing people,
--specialist adverse brokers ask to see copies of all your credit reports and carefully goes through them before matching you with a lender
--Specialist adverse brokers speak with you and explain why they have matched you with a lender
--Specialist adverse brokers say if you even have a chance before submitting a DIP request
--Specialist adverse brokers say what you need to do to improve your chances
--Specialist adverse brokers will not waste your time.

There are a couple of H2B brokers on this forum, if you weren't having H2B I would have given my adverse broker's details to you.

Messy16

How are you getting on Toodlepips? 

We’re still waiting to hear, there was delay in our help to buy application coming through so we haven’t been able to submit our mortgage application until this comes through. Feel like I am chasing our FA every other day for updates on help to buy 😢

Toodlepips

Are you still applying with Vida @Messy16? Ours was declined with them so applied with Precise on Monday, sent some more documents they requested today so will hopefully hear something next week! 

All just a waiting game, terrible for some one who hates waiting 

Messy16

We are still meant to be applying to Vida, just still waiting on the H2B coming back. There is such a delay with them processing the applications. I understand why the delay is occurred with recent changes at H2B, but like you, I just want to know so we know if we can then mine on to apply for mortgage. Without the H2B we can not apply for the mortgage, but without the DIP we couldn’t complete the H2B, it’s just a constant waiting game with what feels like nothing but delays 😢
keeping everything crossed for you @Toodlepip

jodieba

Toodlepips said:

Update: our appeal was declined, so unfortunately now on to our plan b.. broker is putting in an application tomorrow with Precise, I have everything crossed for this otherwise its back to renting and we loose the house. 
Any one had any dealings with Precise? I am not sure what to expect with this one, all my google searches were based on Vida lol. 

Just wondering how long it took for your appeal decision to be made, my broker has appealed ours on Friday with Vida.  I'm not confident they will change it but our broker is saying she cant place us anywhere else and we fit their criteria. Its stressing me out as we have already waited over a month for initial refusal  

bell2020

@jodieba ohh no!! Have they said why they declined you? Our full application with vida has been in since 24th September and we still haven't heard anything. So nerve-wracking playing the waiting game. Fingers crossed for your appeal!!