I had a valid offer of 204k on a LTV of 63% house. There was a problem when buying the house and so it took 6months to sort out. Now my broker was in touch with the lender (ulster bank) to make sure that everything was in order and he assured her it was. A week later and now says that we have to resubmit everything.
I am afraid that I will no longer be allowed the 204k as I have changed jobs. It is a move up the title scale but not in monetiry value. In fact I am earning 1k less per anum. I have inversted 50K in a high interest A/C and have the SSIA maturing soon too. That is why I think they have streatched to 200+k in the past. The ECB rate rises and the probation of the new job I feel is going to kill me.
I that the broker has not acted on my best interest. She is always putting everything in a positive light. I dont see gets paid until I draw down though her. I told her that I might have a look around elsewhere and she nearly abused me over the phone. I dont think that many other banks will come close to this amount. I tried BOSI last year and they offered me 140k max. thats 64k less.
I think the original offer was ECB + 1.15 and last week they said that on drawdown they will adjust to ECB +0.9 as I said the market is now more competive.
I dont recall any validation period being on the letter of offer
Any thoughts on what I can do.
I am afraid that I will no longer be allowed the 204k as I have changed jobs. It is a move up the title scale but not in monetiry value. In fact I am earning 1k less per anum. I have inversted 50K in a high interest A/C and have the SSIA maturing soon too. That is why I think they have streatched to 200+k in the past. The ECB rate rises and the probation of the new job I feel is going to kill me.
I that the broker has not acted on my best interest. She is always putting everything in a positive light. I dont see gets paid until I draw down though her. I told her that I might have a look around elsewhere and she nearly abused me over the phone. I dont think that many other banks will come close to this amount. I tried BOSI last year and they offered me 140k max. thats 64k less.
I think the original offer was ECB + 1.15 and last week they said that on drawdown they will adjust to ECB +0.9 as I said the market is now more competive.
I dont recall any validation period being on the letter of offer
Any thoughts on what I can do.