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National Hunter Inconsistency!

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  • noitsnotme
    noitsnotme Posts: 1,301 Forumite
    Fifth Anniversary 1,000 Posts Name Dropper
    Apologies if this is slightly pedantic, but a sole trader is not a company.  There is no ‘company’ name as such, just a business name.  I wonder if you described it as a company to the mortgage advisor, perhaps that’s why they put it down as a Ltd.
  • MWT
    MWT Posts: 10,212 Forumite
    10,000 Posts Fifth Anniversary Name Dropper
    edited 24 March 2024 at 5:09PM
    On the mortgage application form my mortgage advisor put that I work for a limited company with Ltd on the end of the company name. The truth is that I work for a sole trader. The company name is correct however there is no Ltd on the end.
    You work for an individual, not a company...
    Using a company name that doesn't exist is going to raise red flags, but I am a little surprised that your broker didn't pick that up as it is a pretty basic check to make sure the company you are claiming to be employed by actually exists...
    I'd be inclined to talk to the broker who sent the incorrect information to Santander about correcting the error...

  • Hoenir
    Hoenir Posts: 7,742 Forumite
    1,000 Posts First Anniversary Name Dropper
    edited 24 March 2024 at 6:00PM
     On the mortgage application form my mortgage advisor put that I work for a limited company with Ltd on the end of the company name.
    Always check any form which has been completed on your behalf that the information is correct before signing and agreeing to the declaration.  Were there any other material mistakes? 

     As far as the lender was concerned you purported to work for an employer that didn't exist.  Suggest you speak to your broker and express your displeasure. 
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