Mortgage Problems (NLC)

johnboy_78 · Post by **johnboy_78** » Fri Sep 21, 2007 11:11 am

That's the number I called! They have agreed that 3 weeks is now possible and that it will be marked urgent/fast tracked. But the fact that we have commercial property on the ground floor might be our latest problem.....

Just been told (after 2hrs on the phone) that they won't offer us a mortgage because we live above a pub/shop

Edin430 · Post by **Edin430** » Fri Sep 21, 2007 11:46 am

did you give Karen a call mate?
i pm'd you the details...

johnboy_78 · Post by **johnboy_78** » Fri Sep 21, 2007 11:48 am

Not yet mate. Thought that I was getting somewhere with the Woolwich - but as it turns out I wasn't! Currently trying to argue my way out of the redemption penalty and then Karen might be my next port of call!!

Thanks for her details

Cheers,

John

Titanium S1 111S (gla) · Post by **Titanium S1 111S (gla)** » Fri Sep 21, 2007 12:43 pm

BigD wrote:John, all Scottish properties are Fuedal which is completely different to Freehold and leasehold. They are English terms.

I've spoken to the call centre on 0845 076 0169, don't know what number you are using. They told me 3 weeks and that it would fast track.

Try direct line or the like for your b&c.

Not quite. The fuedal system was abolished on 28 November 2004. Scottish property is held on a "freehold" basis although the term "freehold" is not commonly used.

Not that it matters a dam.

BigD · Post by **BigD** » Fri Sep 21, 2007 1:00 pm

Titanium S1 111S (gla) wrote:
BigD wrote:John, all Scottish properties are Fuedal which is completely different to Freehold and leasehold. They are English terms.

I've spoken to the call centre on 0845 076 0169, don't know what number you are using. They told me 3 weeks and that it would fast track.

Try direct line or the like for your b&c.
Not quite. The fuedal system was abolished on 28 November 2004. Scottish property is held on a "freehold" basis although the term "freehold" is not commonly used.

Not that it matters a dam.

Was trying to keep it simple and not confuse the situation even more.

All our scottish mortgage applications go in as Feudal.

johnboy_78 · Post by **johnboy_78** » Fri Sep 21, 2007 1:36 pm

Cheers guys! I think I had thoroughly managed to confuse the woman by the end of the phone call.

Just spoken to someone at HBOS (thanks Lewis - X7LDA) who says that there won't be a problem with the flat being over a shop/pub and that the timescale seems perfectly manageable too. Going in to see her at 1pm on Monday to get the ball rolling.

Thanks to everyone for their advice (especially BigD), it has been really useful. Will hopefully be able to let you know ASAP that everything has been sorted /can't find a smiley for fingers crossed/

BigD · Post by **BigD** » Fri Sep 21, 2007 1:52 pm

No problem just glad you are getting it sorted.

Edin430 · Post by **Edin430** » Fri Sep 21, 2007 5:03 pm

good to hear mate

fingers crossed for you.

L

johnboy_78 · Post by **johnboy_78** » Sat Sep 22, 2007 11:48 am

X7LDA wrote:good to hear mate

fingers crossed for you.

L

Karen asked me to pass on her thanks for boosting her bonus!!