Mortgage rejected due to pregnancy...ground for appeal?

london21

Banks are been extra careful nowadays.

Maybe broker can advice alternative lender that will accept you.

Also congratulations, try not to stress too much. 

Thrugelmir

Camie85 said:

Brie said:

I understand completely but as you know doubt know there's lot's of women (& some men) that don't return to work after the birth of a child even though they state they fully intend to. 

To a bank I would think this is little different than me saying "yes I have credit cards with a massive amount of available credit but I swear I won't use it once you have given me a mortgage." 

I would think that the only way you will get a mortgage is if there is someone else's name on it with you - like your mom perhaps assuming she would tick the affordability boxes.

Thanks Brie,

If that is the case it will be a bitter pill to swallow, I find it difficult that they would think I would leave a well paying job to do what exactly?? Claim benefits?? If anything the pressure is greater to return to work as I don't have anyone else to relie on (my mother has the means to support me financially if I asked but I never would ... I prefer to ask her to help with childcare instead LOL)

Mortgage lending criteria is set at macro not the micro level. Set policy will determine what the lender will do or not do. Your personal circumstances are of no consequence. Generally not enough resource to underwrite mortgages on a case by case basis. Mortgage applications processing is like a sausage factory. At least for the major lenders. 

sammyjammy

It does appear discriminatory to me.  Hope you get it sorted and good luck with the baby!  Any reason why you aren't taking the full 9 months on full pay?

Camie85

sammyjammy said:

It does appear discriminatory to me.  Hope you get it sorted and good luck with the baby!  Any reason why you aren't taking the full 9 months on full pay?

I didn't want to take 9 months off as I thought the bank would not be favourable to me taking 9 months LOL

Also in reality I already work from home and will return to that, also agreed that I will use accrued annual leave and annual leave carried over from this year to space out my working week until baby is 1 years old ie taking 1 - 2 days annual leave per week.
My mother will look after baby on those days that I'm working (she will stay with me in my home)
Once baby is 1 years old then I would of used up my annual leave, put baby in nursery close by part time and the other time with my sister  who is a bit further out but is a child minder and I get sister rate.

Thrugelmir

sammyjammy said:

It does appear discriminatory to me.  

There's no legal right to a mortgage. Lenders money, lenders decide who to advance it too. 

Borders2017

Did you re-apply without stating your situation?