Kent reliance

Doorlock21

ah I’m so nervous.
So Friday we were told we had to provide a letter from a company saying our default was satisfied because 1/3 of the credit agencies was sharing it was unsettled still and if we didnt provide it wojkd be rejected.

we have now submitted it thank god and will hear by Friday. Our MB has said he has escalated it to their contact who may see it before then.

just nervous incase there is anything else. We are putting down 20% and agreed to their new maximum loan so we are doing everything they want. 

md64

Just spoken with the site sales agent, our valuation was done 21/7… surely we will hear something soon! Now I know this I’ll be like super impatient. 

EMT87

@festival_flow ah really my broker has just been like "fab, we should hear from Kent in the next days" made me feel positive lol.

I think you applied before me so I'll follow your timescale as its probably more realistic. Just want them to put me out my misery! I want to get excited about the house but I just can't because I feel like someone is about to pull the rug from under me x 

EMT87

@Doorlock21 Do you mind me asking why they asked that you increased your deposit? X

Doorlock21

EMT87 said:

@Doorlock21 Do you mind me asking why they asked that you increased your deposit? X

No idea really! The only adverse credit we have is 1 default and 1 late mortgage payment. So it’s not even bad!

but asked for 20% and reduced the maximum loan down £5k. And we’ve said ok.

but it feels like they are trying to find things 

festival_flow

@Doorlock21 maybe cause of the previous missed mortgage payment? Not sure. X 

EMT87

@Doorlock21 ah really 🙈 hopefully they won't do that to us as we probably wouldn't be able to put up more deposit. We are only asking to borrow just over 2x our income so hopefully that's relatively low in their eyes 🤞 I have old defaults but my partners credit history is perfect so I'm hoping that helps lol x 

Atena

@Doorlock21 do you have a lot of debt? They take all regular debt  repayments and take them off your affordability. Could that be a reason?

@EMT87 same. I also want to borrow 2.5x my income 

Doorlock21

Atena said:

@Doorlock21 do you have a lot of debt? They take all regular debt  repayments and take them off your affordability. Could that be a reason?

@EMT87 same. I also want to borrow 2.5x my income 

Nope! No debt!

md64

Positive thoughts all… fingers crossed come the end of this month we will all have our offers!