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Additional borrowing on mortgage Natwest
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vmguru said:longjohnjohnson said:vmguru said:Today is June 8th 2022 and still waiting for something that should have been straightforward being additional borrowing!
Self employed
Application May 5th
Valuation May 11th
Lots of questions 29th May
Still waiting for response 8th June
We are on 22 working days after application and 19 working days after valuation wow! crazy amount of time for additional borrowing for an existing customer, I no longer wish to carry on being a NatWest customer after this experience.
My mistake is going directly with NatWest being an existing customer it would have been easier for me to change lenders than get additional borrowing with Natwest. The fact they happy to give you a buy to let mortgage but don't count rental income into your calculations is ridiculous! any property investors stay away from Natwest and use a good broker because Natwest lending criteria didn't suit my circumstances.0
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