Taylor wimpey mortgage

Lauraham61

Hello, I’m currently in the process of buying a taylor wimpey house. I had my DIP from Taylor wimpey s designated mortgage advisor and the company. I don’t have the best credit rating but gave them all information and provided all the paperwork. They agreed with the figures and offered me an amount. The mortgage company then a month later asked for more paperwork, now they have lowered the amount they would loan me. Saying I need to pay an extra £15000 towards my deposit. 

Funny enough the house had a discount due to my NHS discount entitlement they are currently doing. 

I’ve spoken to a financial advisor who says could they be asking for more knowing the commission would be more as it’s strange nothings changed financially for me and they agreed any amount now just before exchange they are asking for more. 

I don’t feel like I’m benefiting from the discount now.
(first time buyer. Single mum too) 

TimSynths

See a whole of market broker yourself and get your own deal, may be better than what's on offer now. Good luck buying your house, hope you get there easily! Tim.

Lauraham61

Taylor wimpey pushed for me to use their mortgage advisor. Now I wonder why?! 

Kiwistrawb1990

We used our developers mortgage advisor which a little bit of adverse history and they were fine. 
When you say mortgage company do you mean the lender?
It sounds like from your limited information that they haven't been happy with something in your full application (a DIP isn't a guarantee) so they're now offering to lend you less. 

tinytiddles

We bought a home from TW last year and we didn’t use their mortgage advisors once we were pre-qualified as proceed-able. This was mainly because we never heard from them once we told them we were ready to proceed with our application and after reflecting on it we also wanted the mortgage arrangements to be separate to the property transaction. I would suggest you go to a different broker who can help you but make sure the new lender knows the time is ticking and that you’ll need your offer through asap to meet the 28-day deadline to exchange.