mostly just here to vent
I went to see Lloyds about their local lend a hand mortgage and they gave me a mortgage promise / agreement in principle for way more than we needed.
perfect
found a flat we really liked and put an offer in and had it accepted. should have realised at this point it was all too good to be true. went back to Lloyds who said " local authority are out of money" we cant dot he actual application" . they have since negotiated that the council are going to give them another lot of funding, however since getting the council to say yes, there is apparently nothing else they can do to speed the process up and we are just waiting on the council to put it in place.
I am now searching for another 5% deposit mortgage ( most of which are nowhere near the interest rate Lloyds was) and hoping Lloyds sort their life out. I am keeping the seller in the loop, but its really frustrating. don't suppose anybody else has been in a similar situation and hs some advice / a magic wand?
I went to see Lloyds about their local lend a hand mortgage and they gave me a mortgage promise / agreement in principle for way more than we needed.
perfect
found a flat we really liked and put an offer in and had it accepted. should have realised at this point it was all too good to be true. went back to Lloyds who said " local authority are out of money" we cant dot he actual application" . they have since negotiated that the council are going to give them another lot of funding, however since getting the council to say yes, there is apparently nothing else they can do to speed the process up and we are just waiting on the council to put it in place.
I am now searching for another 5% deposit mortgage ( most of which are nowhere near the interest rate Lloyds was) and hoping Lloyds sort their life out. I am keeping the seller in the loop, but its really frustrating. don't suppose anybody else has been in a similar situation and hs some advice / a magic wand?