Mortgage advisor and solicitors

arcon5
arcon5 Posts: 14,099 Forumite
First Anniversary First Post Combo Breaker
in Mortgages & endowments
Hi all,


So we live down south, looking to buy up north, 180 miles away.


We want to approach a mortgage advisor before applying as I was bankrupt 6 1/2 years ago and not sure how this will affect an application. (Or will it???)



But I'm wondering, would we be best speaking to an advisor in the south or the north?


And would the solicitor need to be in the north? Or if the advisors recommends one in the south then would it make a difference to proceedings or anything?

Comments

  • ACG
    ACG Posts: 23,718 Forumite
    First Anniversary Name Dropper First Post I've helped Parliament
    Does not matter where either are based in the main. We have customers from Brighton to Scotland.
    I am a Mortgage Adviser
    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.
  • davidmcn
    davidmcn Posts: 23,596 Forumite
    Name Dropper First Anniversary First Post
    ACG wrote: »
    Does not matter where either are based in the main. We have customers from Brighton to Scotland.
    Though the solicitors do at least need to be qualified in the same jurisdiction as the property they're dealing with.

    If all other things are equal, then I would go for a solicitor local to the property being purchased, as they're likely to have potentially useful local knowledge (local title quirks, practices of the relevant council departments, ability to pronounce placenames without sounding silly, etc).
  • ethank
    ethank Posts: 2,197 Forumite
    Holiday Haggler I've been Money Tipped!
    Have you conducted all of your credit reports to see if the bankruptcy is still on your file. No use doing any work with a broker until then. Some brokers even ask for the reports!
  • arcon5
    arcon5 Posts: 14,099 Forumite
    First Anniversary First Post Combo Breaker
    ethank wrote: »
    Have you conducted all of your credit reports to see if the bankruptcy is still on your file. No use doing any work with a broker until then. Some brokers even ask for the reports!


    It came off my file Jan this year but still has to be declared if asked for rest of my life
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Name Dropper Photogenic First Anniversary First Post
    arcon5 wrote: »
    So we live down south, looking to buy up north, 180 miles away.


    Where's your employment based?
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