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Barclays AIP. Is it still valid @75% LTV?

Hi,
We got an AIP with Barclays last week whilst they wait for this months payslip to complete the offer. Does anyone know if this will be now be cancelled or it only new applications? We are @ 75% LTV
Thanks for any help :)
«1

Comments

  • simpson_77
    simpson_77 Posts: 118
    Eighth Anniversary 10 Posts Combo Breaker
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    Anyone? Brokers have you heard anything?
  • lalna
    lalna Posts: 24
    10 Posts
    Forumite
    Maybe ask Barclays?
  • Thrugelmir
    Thrugelmir Posts: 89,546
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Forumite
    Have you submitted an actual mortgage application? 
  • graphs
    graphs Posts: 109
    100 Posts First Anniversary
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    edited 27 March 2020 at 8:37AM
    Wait.

    I also have a 25% deposit and fully expect it to turn into a 40% deposit within 6-12 months without even adding to it.
  • simpson_77
    simpson_77 Posts: 118
    Eighth Anniversary 10 Posts Combo Breaker
    Forumite
    graphs said:
    Wait.

    I also have a 25% deposit and fully expect it to turn into a 40% deposit within 6-12 months without even adding to it.
    ??
  • simpson_77
    simpson_77 Posts: 118
    Eighth Anniversary 10 Posts Combo Breaker
    Forumite
    the application has been submitted and a soft and hard credit search have been completed, but we don't have an offer!

  • annetheman
    annetheman Posts: 1,039
    Tenth Anniversary 500 Posts Photogenic Name Dropper
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    I've had an offer, albeit not from Barclays, at 95% if that helps... this was yesterday!
    Current debt-free wannabe stats:
    Credit card: £8,524.31 | Loan: £3,224.80 | Student Loan (Plan 1): £5,768.55 | Total: £17,517.66
    Debt-free target: 21-Mar-2027
    Debt-free diary
  • T1m0thy5
    T1m0thy5 Posts: 1
    First Post
    Newbie
    edited 27 March 2020 at 2:00PM
    We are in the same situation but with Scottish Widows. We have a AIP and our full application was  submitted a couple of days ago, however they won't process it as our LTV is over 60%. This is because they can't send round valuers at the moment and their automatic valuation system only works when the LTV is below 60%. 

    We not sure if this just a temporary delay or not. I heard that might try and change their automatic system to cover higher LTVs, but who knows. At the moment we are just waiting to see what happens...
  • JustJane101
    JustJane101 Posts: 145
    100 Posts Name Dropper
    Forumite
    I've had an offer, albeit not from Barclays, at 95% if that helps... this was yesterday!

    Wow!!! This gives me hope, I am currently waiting for Kensington to process my 95% LTV application.
  • Thrugelmir
    Thrugelmir Posts: 89,546
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    Forumite
    edited 1 April 2020 at 10:44AM
    [Text removed by Forum Team]
    We have been warned that this forum will be closed if threads continue to tainted by unneccessary discussion. Please desist from posting such comments. Many people feel isolated and are looking for reassurance, assistance with their own individual circumstances. These are difficult times. To lose a valuable resource due to the selfish actions of a few individuals would be extremely depressing. 
This discussion has been closed.
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