Kent reliance

CharlieChops

samw2311 said:

CharlieChops said:

samw2311 said:

CharlieChops said:

We had our valuation yesterday, I e-mailed my broker yesterday to see what happens after valuation, he said underwriting would check the application over and if anymore information was needed contact him. If not hopefully offer!!! I just hope it’s all okay

Good luck let me know when you get your offer!

I hope we get an offer, I’m such a negative nelly!!

Lol your not the only one. It’s hard not to when you want something so bad isn’t it. I’m sure you will get it! I’m under the impression once the underwriting done and they’ve ok’d it Aslong as valuations ok (which it should be) then we’ll get the offer! 

are you buying a new build? We Are and our broker said that they will have had a valuation done to enable them to sell the house In the first place. So there shouldn’t be Any problems. 

I just want it so much and I’m not good at waiting!! It’s not a new build but an average priced 3 bed for the area, built around 20 years ago so can’t imagine the valuation being a problem.

SunnyCyprus

Hello! I've just found this thread.  My OH and I are with Kent Reliance, it was the only option of 2 mortgage suppliers for us.  My OH is a 1st time buyer, I bought and sold one property back in 1999-2006. 
 We started looking for property back in Feb, found a new build shared ownership we loved and applied for a mortgage. Can't remember who with, but we were turned down as OH had poor credit.  My credit is very good but I am the lower earner.   We were turned down just a few days before lockdown, and then our broker told us that there were no mortgages available at all!   So we plodded on through lockdown, i worked all through, OH was furlough for 4 weeks.   This was a blessing in disguise as we managed to save more than previously so were in better position, although still only 90% LTV. 

Re-applied back in August, only Virgin Money and Kent Reliance available. Turned down by VM because the house is a local interest home. So left with Kent Reliance, who we'd never heard of!   
It took 4 weeks from valuation, sending every bank statement and wage slip for the past 9 months to an approved mortgage! Yes, the interest rate is high (3.89% on £86000 locked in for 2 years), but we need OUT of our rental!! 

Now we have instructed our solicitors to begin conveyancing. One of only 2 solicitors we could choose, dont have experience with either company but went with a fixed fee company who have dealt with a house on the same street earlier thos year. 

Hoping for an idea of a completion date next week, and maybe exchange by November, perhaps?!  Maybe thats wishful thinking on my part! 

So far, good experience with Kent Reliance, very quick but they did seem to want the ins and outs of a cats bum, down to a letter from OH boss to explain a 3p discrepancy on his pay slip! I can understand why, no drama! 

Good luck to all! 

samw2311

SunnyCyprus said:

Hello! I've just found this thread.  My OH and I are with Kent Reliance, it was the only option of 2 mortgage suppliers for us.  My OH is a 1st time buyer, I bought and sold one property back in 1999-2006. 
 We started looking for property back in Feb, found a new build shared ownership we loved and applied for a mortgage. Can't remember who with, but we were turned down as OH had poor credit.  My credit is very good but I am the lower earner.   We were turned down just a few days before lockdown, and then our broker told us that there were no mortgages available at all!   So we plodded on through lockdown, i worked all through, OH was furlough for 4 weeks.   This was a blessing in disguise as we managed to save more than previously so were in better position, although still only 90% LTV. 

Re-applied back in August, only Virgin Money and Kent Reliance available. Turned down by VM because the house is a local interest home. So left with Kent Reliance, who we'd never heard of!   
It took 4 weeks from valuation, sending every bank statement and wage slip for the past 9 months to an approved mortgage! Yes, the interest rate is high (3.89% on £86000 locked in for 2 years), but we need OUT of our rental!! 

Now we have instructed our solicitors to begin conveyancing. One of only 2 solicitors we could choose, dont have experience with either company but went with a fixed fee company who have dealt with a house on the same street earlier thos year. 

Hoping for an idea of a completion date next week, and maybe exchange by November, perhaps?!  Maybe thats wishful thinking on my part! 

So far, good experience with Kent Reliance, very quick but they did seem to want the ins and outs of a cats bum, down to a letter from OH boss to explain a 3p discrepancy on his pay slip! I can understand why, no drama! 

Good luck to all! 

yes you certainly are right about them wanting to know the ins and outs of a cats bum lol. That made me laugh always good to be optimistic I hope you get a completion date soon. We’re still waiting on a date for valuation after a little hiccup in underwriting which we resolved just switching from a 2yr fixed to a 5. How long did your valuation take to get a date? My Broker said that now underwriting passed aslong as the valuation is ok we’ll get an offer. Is this what happened with yourselves? Good luck!

CharlieChops

SunnyCyprus said:

Hello! I've just found this thread.  My OH and I are with Kent Reliance, it was the only option of 2 mortgage suppliers for us.  My OH is a 1st time buyer, I bought and sold one property back in 1999-2006. 
 We started looking for property back in Feb, found a new build shared ownership we loved and applied for a mortgage. Can't remember who with, but we were turned down as OH had poor credit.  My credit is very good but I am the lower earner.   We were turned down just a few days before lockdown, and then our broker told us that there were no mortgages available at all!   So we plodded on through lockdown, i worked all through, OH was furlough for 4 weeks.   This was a blessing in disguise as we managed to save more than previously so were in better position, although still only 90% LTV. 

Re-applied back in August, only Virgin Money and Kent Reliance available. Turned down by VM because the house is a local interest home. So left with Kent Reliance, who we'd never heard of!   
It took 4 weeks from valuation, sending every bank statement and wage slip for the past 9 months to an approved mortgage! Yes, the interest rate is high (3.89% on £86000 locked in for 2 years), but we need OUT of our rental!! 

Now we have instructed our solicitors to begin conveyancing. One of only 2 solicitors we could choose, dont have experience with either company but went with a fixed fee company who have dealt with a house on the same street earlier thos year. 

Hoping for an idea of a completion date next week, and maybe exchange by November, perhaps?!  Maybe thats wishful thinking on my part! 

So far, good experience with Kent Reliance, very quick but they did seem to want the ins and outs of a cats bum, down to a letter from OH boss to explain a 3p discrepancy on his pay slip! I can understand why, no drama! 

Good luck to all! 

Oh no! having submitted all the documents on 7th September, valuation instructed on 8th September and out on 17th September. I was hoping they would maybe make a mortgage offer!!!! Thought if they had queries they’d ask before valuation in our case they’ve had 10 days between valuation instruction and valuation taking place. We have 50% deposit but 3 defaults between us.  I thought they only wanted 3 months bank statements, 9 months seems a bit excessive!

louisedaisy133

Any update on your mortgages ? We are going through metro finance and Iv sent them everything over and just about to submit the mortgage how long roughly till you here anything? Thanks suCh a negative Nancy too x

CharlieChops

louisedaisy133 said:

Any update on your mortgages ? We are going through metro finance and Iv sent them everything over and just about to submit the mortgage how long roughly till you here anything? Thanks suCh a negative Nancy too x

Had valuation done 17th Sept, Mortgage Broker came today. Kent Reliance queried a payment on my bank Statement, as I paid a loan off in August and they wanted to know where the funds came from, I explained it was from savings. I hope there not going to keep coming back with queries! I just want it done 🤣🤪. 

Isaac2020

I need some advice if anyone has had a similar experience recently. I have applied for a DIP with kent through a broker. It’s been over a week since our information was sent across to them. I personally have adverse credit ( £5k credit card default satisfied 4 years ago). My OH credit is near perfect. 

My concern is why I have had 2 soft searches on my file within the week but my OH has not been searched at all.

samw2311

louisedaisy133 said:

Any update on your mortgages ? We are going through metro finance and Iv sent them everything over and just about to submit the mortgage how long roughly till you here anything? Thanks suCh a negative Nancy too x

I’m still waiting for valuation . We’re with metro too. Trust me your in the best hands they’ll do eveyrhing to fight your corner. 

louisedaisy133

Thank you !!! When you say valuation does that mean you have an mortgage offer? Sorry never bought or anything and just so confused ... thank you!!! Very helpful 

CharlieChops

🎉Mortgage offered today 🎉