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Help me please
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... then it still remains unclear what the problem is that the lender has identified ...kingstreet said:
No. This was a process introduced in 2012 but it remains relevant today to all borrowers. It allows lenders to waive certain checks to those, similar to mortgage prisoners, who would otherwise be unable to move.MWT said:
Would that require a mortgage a little older than would be suggested by '..the past 9 years..' ?kingstreet said:As an existing borrower the OP may be trying to take advantage of the 2012 transitional arrangements where no affordability checks are required for a port of the same amount.
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Yeah. We're in the dark, so far.MWT said:
... then it still remains unclear what the problem is that the lender has identified ...kingstreet said:
No. This was a process introduced in 2012 but it remains relevant today to all borrowers. It allows lenders to waive certain checks to those, similar to mortgage prisoners, who would otherwise be unable to move.MWT said:
Would that require a mortgage a little older than would be suggested by '..the past 9 years..' ?kingstreet said:As an existing borrower the OP may be trying to take advantage of the 2012 transitional arrangements where no affordability checks are required for a port of the same amount.I am a mortgage broker. You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice. Please do not send PMs asking for one-to-one-advice, or representation.1
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