Hi, I hope someone has advice. I finally sold after 18 months on the market, and found somewhere to buy. It would mean borrowing more but we make huge overpayments anyway. I currently have a flexible mortgage 0.49% above the base rate, so its currently 0.99% (for the life of the mortgage) enabling us to make those massive overpayments. Anyway, the mortgage was agreed in principal with santander based on all our incomes, etc. But now they have declined my application - I am totally stunned. I asked if overpaying would have deemed me lower risk, got me better "credit" with santander but they said nope. I dont know what to do. The buyer is not likley to increase her offer. I think they are being difficult because they are trying to get me off this deal and independent financial advisors have said this to me also. Do you think I should just stay here then and keep this deal. I really wanted to move and was promised it was portable, but now they are moaning about figures. Thanks:mad:
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