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Help, Mortgage Advice gone Pear Shape, (from a Financial Advisor

Mad101daN · 2005-09-26 20:13:35

Hi My partner and I went to see a independant mortgage advisor (IMA). He advised us to apply to the C&G for our buy to let mortgage. We have just be turned down for this mortgage, because the C&G take into account our other mortgage that we have applied for and they think we are over strecthed. We explained our full…

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dunstonh Posts: 119,634 Forumite

27 September 2005 at 3:39PM

If it was the same, then you would say C&G are being silly. As its more then C&G are within their rights to say that as it should have been disclosed. £20k seems petty but then sometimes a lender can be that way. They may be using that as an excuse rather than refuse you for another reason.

Based on what you have said so far, you should approach the mortgage advisor for a refund as it should have been on the application.

I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.

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