FTB needs GOOD advice - BROKER NIGHTMARE!

moneyspendingexspert

Due to the nightmare already, and this having to happen in the next week to salvage relationships with the already patient seller and estate agents, hope is fading fast.

I would like to give it one more try, but where to find the good brokers?

So far i have been going on recomendations, what do I look for?

herbiesjp

How long has this beeen going on for?

As stated above also by homer, find yourself a good fbroker, if they are fee free whole of market advisers then at least you know they will work hard to get your case agreed

Give them all your information, and they should be able to tell you straight away if there is any chance of a mortgage or not.

moneyspendingexspert

About the notice of correction:

http://www.moneysupermarket.com/community/forums/t/notice-of-correction-on-credit-file-beware-3937.aspx

Mixed feelings!

rebuilding_credit

hi i am also in the same predicament but just to let you know future stopped doig all 95% and 100% mortgages at the very end of january so that is why that fell through. it is very annoying i know they were my only choice. however for you there is one i know of ,im not sure if we are allowed to give names if someone can let me know if we can i will tell you

Dan_Collins_2

Its not the defaults alone that are stopping you. At 95% you are high risk without the defaults. Things have changed and sub prime, albeit not heavy at high LTVs are going or gone.

10% deposit and you would get a mortgage but the rate may be higher.

Natwest have a habit of this, woolwich can do this also. Its to do with what the system they have.

I would not blame the brokers, although the 2nd should have called you.

UK007BullDog

My comment is that you are not High street "quality". The High street banks will put anything through and hope that something will stick to meet their targets. No care if it messes up the customer.

Have a look on Unbiased.co.uk

Also I suggest you get your credit file sorted, rent for another year (that will also help to settle your credit file) and save up to at least 10% to 15% deposit, with houseprices falling or being stagnant you should be able to reach that target if you try hard enough.