Kent reliance

Loulou0404

My mortgage has just been submitted to Kent Reliance today. How long on average is it taking to get an offer? I have excellent credit rating, but have furlough on my payslip but MA has already checked and they will accept it hence this is why we've use KR. Been in my current employment for over 2 years. 

samw2311

Loulou0404 said:

My mortgage has just been submitted to Kent Reliance today. How long on average is it taking to get an offer? I have excellent credit rating, but have furlough on my payslip but MA has already checked and they will accept it hence this is why we've use KR. Been in my current employment for over 2 years. 

Don’t mean to put a downer on it but we’ve submitted ours 6 weeks ago, valuations done etc and still absolutely nothing. They want to know every mortal detail even things that don’t relate to the mortgage. 

samw2311

louisedaisy133 said:

samw2311 said:

CharlieChops said:

🎉Mortgage offered today 🎉

Great news well done. We’ve got our valuation Friday 2nd October. 

Any news on you’re @s@samw2311

Still waiting had valuation on Friday still not heard anything. Our broker is horrendous it’s a nightmare trying to get an update. Have you heard anything? 

Loulou0404

What kinds of things are they asking about? I’ve submitted 6 month bank statements on my current account and my savings, payslips and p60 was hoping that would be enough. It’s so stressful! I’ve put my valuation on hold until I have an offer, my broker gave me the option. Fingers crossed we all get a yes 

samw2311

Loulou0404 said:

What kinds of things are they asking about? I’ve submitted 6 month bank statements on my current account and my savings, payslips and p60 was hoping that would be enough. It’s so stressful! I’ve put my valuation on hold until I have an offer, my broker gave me the option. Fingers crossed we all get a yes 

They want to know, about the part time 2nd job  I had 2 years ago even though I’m not using that as income, why car finance was taken out at my old address if I don’t live there anymore  (when the old address is on my address history which they asked), why iv transferred ex amount of money to someone, a lot. They won’t give you an offer until you’ve had your valuation done , it also has to be done by there valuers I think . We had our valuation on Friday and today they’ve received the report from it 

Loulou0404

Hopefully you get your offer soon 🤞
Nothing on my bank statements that should cause a problem, the only bank transfer is to my savings account every month. The hard search has showed up on my credit file this morning. MA said they will offer subject to survey, just want to minimise costs in case i don’t get an offer. 

MSN2220

Hello. Would you be able to recommend any good shared ownership solicitors for Kent Reliance ? Thanks 

Loulou0404

MSN2220 said:

Hello. Would you be able to recommend any good shared ownership solicitors for Kent Reliance ? Thanks 

Hi Ive used Bell Lamb & Joynson 03444124348 as for James Parry he’s great. Based in Liverpool and have an app to track. They aren’t easy to find on the panel but my mortgage advisor confirmed with KR they are on the panel. 

ash13445

samw2311 said:

Loulou0404 said:

What kinds of things are they asking about? I’ve submitted 6 month bank statements on my current account and my savings, payslips and p60 was hoping that would be enough. It’s so stressful! I’ve put my valuation on hold until I have an offer, my broker gave me the option. Fingers crossed we all get a yes 

They want to know, about the part time 2nd job  I had 2 years ago even though I’m not using that as income, why car finance was taken out at my old address if I don’t live there anymore  (when the old address is on my address history which they asked), why iv transferred ex amount of money to someone, a lot. They won’t give you an offer until you’ve had your valuation done , it also has to be done by there valuers I think . We had our valuation on Friday and today they’ve received the report from it 

Hi I was wondering are u doing it through Kent reliance because of adverse Credit ? 

rachlikeswinter

Submitted my application through my broker with KR yesterday - so I’m following this thread with interest! I’m fully resigned to this being a long process as I’m buying shared ownership and I’m also self employed - KR requested a signed projection of income statement from my account as well as my 3 year business plan so I’m sure they’re going to be very thorough! It’s been so stressful so far even getting to this point, I thought I’d lost the flat a few time, so I’m terrified something else will go wrong!