Hi all,
Some help needed please. My husband and I had a mortgage in principal with Nationwide, we went ahead with the application and now it's come back saying declined. This is after 4 weeks of waiting. Their reason is that something has shown up at a past address, which we don't actually know what it is - they haven't told us.
SO are they obliged to actually tell us the reason (I've done an experian report and nothing untoward at all has shown up. The issue is in my husbands name btw)
Any advice is much appreciated.
Ps we are first time buyers with a 10% gifted deposit (nationwide are aware) and are looking to borrow £144,000 if that helps at all.
Thanks.
Some help needed please. My husband and I had a mortgage in principal with Nationwide, we went ahead with the application and now it's come back saying declined. This is after 4 weeks of waiting. Their reason is that something has shown up at a past address, which we don't actually know what it is - they haven't told us.
SO are they obliged to actually tell us the reason (I've done an experian report and nothing untoward at all has shown up. The issue is in my husbands name btw)
Any advice is much appreciated.
Ps we are first time buyers with a 10% gifted deposit (nationwide are aware) and are looking to borrow £144,000 if that helps at all.
Thanks.