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BTL Remortgage declined
Comments
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Well you still have a mortgage with Mortgage Express, it is just that it has gone onto their standard rate. Just ask them what if any deals they are willing to offer you. There is no need to tell them that the mortgage has been declined, as they have already lent you the money they wouldn't be underwriting the deal again, just changing the rate.0
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Yes Tiddler but since the deeds are out at the sols they know something is up.:j I hope my comment helps :T0
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Yes Tiddler but since the deeds are out at the sols they know something is up :rolleyes: .:j I hope my comment helps :T0
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Trillionaire wrote: »I suppose really this means that noone is going to help me write my complaint letter
No.
BTL is evil and owning more than one house is theft
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Datasafe
The property was my fil. He died, and to settle the estate and sort out his dependants, re-financing it seemed to be the easiest option. I think we bought it 5 years after he died. It was a right awful state when we finally bought it but having it sit there accuing unpaid ground rent didn't make sense. :j I hope my comment helps :T0 -
Just ask. They can only say no or yes.
And tell your broker to get his finger out and find you another deal or actually talk to the surveyor and get info.0 -
Trillionaire, ignore him (datasafe).Tough times never last longer than tough people.0
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Trillionaire wrote: »Yes Tiddler but since the deeds are out at the sols they know something is up.
I'm sure they won't be bothered about that. Deeds can be out for a variety of reasons0 -
Thank you everyone.
Just watched this http://news.bbc.co.uk/1/hi/england/7359130.stm and - YES - our flat's in Bham!
What I think I will do is ring ME and see if they can offer us anything. I think I have calmed down now, so might let the other mortgage company off (CHL mortgages by the way). If ME can't offer us anything, then I think we might just let it stay on the SVR for now and hope for the best:D . We were trying to borrow an extra £5 on what we owe, to cover us for voids and rewiring the flat when it next becomes empty (pointers that were not mentioned in the val report by the way). Oh well.
Thanks again everyone for responding, your words of wisdom have been helpful (down to ignoring datasafe), and if you have anything else to say I will be reading it.:j I hope my comment helps :T0 -
Which part of B'ham ?Any posts on here are for information and discussion purposes only and shouldn't be seen as (financial) advice.0
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