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Outstanding enquiry - referred to lender underwriter?
FTBuser2701
Posts: 6 Forumite
Hello,
TL;DR we have been waiting and ready to exchange on a SO property since late June, we had one enquiry outstanding. Our solicitor wanted to see the s106 consent to communicate to public sewers under the water industry act 1991, the HA have been messing us around saying we shouldn’t need this, we’ve completed on other properties without etc and appears like they’ve not approached the developer for this. Our solicitor was also happy for a section 104 which is completed. Neither has been issued and our solicitor gave us an option to refer to our mortgage lender (Leeds building society). This morning he’s emailed us to update us that the issue has been referred to an underwriter to assess if we can go ahead without this or not. Now worried that the lender will either say no or pull out their offer all together.
any advice would be appreciated! So stressed.
TL;DR we have been waiting and ready to exchange on a SO property since late June, we had one enquiry outstanding. Our solicitor wanted to see the s106 consent to communicate to public sewers under the water industry act 1991, the HA have been messing us around saying we shouldn’t need this, we’ve completed on other properties without etc and appears like they’ve not approached the developer for this. Our solicitor was also happy for a section 104 which is completed. Neither has been issued and our solicitor gave us an option to refer to our mortgage lender (Leeds building society). This morning he’s emailed us to update us that the issue has been referred to an underwriter to assess if we can go ahead without this or not. Now worried that the lender will either say no or pull out their offer all together.
any advice would be appreciated! So stressed.
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Comments
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Edit - this is a new build property0
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just a ball game be fineDon't put your trust into an Experian score - it is not a number any bank will ever use & it is generally a waste of money to purchase it. They are also selling you insurance you dont need.0
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What advice has your solicitor given the lender? Big difference between "we recommend you don't lend [without first getting x, y or z]" and "we think this is minor stuff and you should be able to take a view on it".FTBuser2701 said:our solicitor gave us an option to refer to our mortgage lender (Leeds building society). This morning he’s emailed us to update us that the issue has been referred to an underwriter to assess if we can go ahead without this or not.0 -
Not sure - he hasn’t told us. Previously he’s been very much that we require it for completion so I haven’t got my hopes up!user1977 said:
What advice has your solicitor given the lender? Big difference between "we recommend you don't lend [without first getting x, y or z]" and "we think this is minor stuff and you should be able to take a view on it".FTBuser2701 said:our solicitor gave us an option to refer to our mortgage lender (Leeds building society). This morning he’s emailed us to update us that the issue has been referred to an underwriter to assess if we can go ahead without this or not.0
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