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mortgages, words, breach of contract

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mortgages, words, breach of contract

Postby preacherman » Sat Mar 24, 2018 9:05 am

Hi I was turned down a buy to let mortgage that I applied for to pay off a mortgage in a probate matter,(so I put property on the market) I also appealed directly to the mortgage company (not through broker) and was told that they would give me a buy to let mortgage and the only requirement was that I removed the property from the market. The broker was then sent the requirements, pleasantly surprised that I had now got the go ahead for the mortgage. I removed property from market.

now I am being told I have to re- apply!

is there any breach of contract here?

"Please see the update from xxxxx to get the case to offer. It’s a small list so if you want to proceed we can get this case to offer this week with no issues in my opinion.

Confirmation from the sales agent that the property has been withdrawn from the sales market.
- Signed declaration and direct debit mandate – I can send this over to you today if you want to proceed?

-Bank statements showing rental payments being made by the applicant for their current address
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Re: mortgages, words, breach of contract

Postby atticus » Sat Mar 24, 2018 9:09 am

Any offer was almost certainly subject to conditions. Either meet the requirements or put the property back on the market.

Please don't fart around playing the lawyer. You have an impressive track record of failure, but seem determined never to learn.
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Re: mortgages, words, breach of contract

Postby preacherman » Sat Mar 24, 2018 9:25 am

I met ALL conditions. I am not farting around, this has been going on for almost a year.I am being farted around! These were the conditions as given to me:
-Confirmation from the sales agent that the property has been withdrawn from the sales market.(met)
- Signed declaration and direct debit mandate(met)

-Bank statements showing rental payments being made by the applicant for their current address(met)

I see what your saying but any offer for a mortgage being subject to conditions would not be the condition of reapplying and starting the whole application process again.These were the conditions given to me after applying, appealing and being told provide this and we will give mortgage
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Re: mortgages, words, breach of contract

Postby atticus » Sat Mar 24, 2018 10:35 am

Find another lender or sell the property.
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Re: mortgages, words, breach of contract

Postby preacherman » Sat Mar 24, 2018 2:43 pm

but is it a breach of contract?
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Re: mortgages, words, breach of contract

Postby atticus » Sat Mar 24, 2018 3:24 pm

I strongly doubt that analysis of the papers will show that a contract came into being.
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Re: mortgages, words, breach of contract

Postby preacherman » Sat Mar 24, 2018 5:48 pm

well your the lawyer but looks like a contract to me.

'xxx have advised they will need some additional requirements to fully offer the case'
If I then gave the requirements?
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Re: mortgages, words, breach of contract

Postby atticus » Sat Mar 24, 2018 5:59 pm

And if they find what you provide in some way wanting?
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Re: mortgages, words, breach of contract

Postby Smouldering Stoat » Sat Mar 24, 2018 6:43 pm

preacherman wrote:well your the lawyer but looks like a contract to me.

'xxx have advised they will need some additional requirements to fully offer the case'
If I then gave the requirements?


So you didn't have an offer? How can you have had a contract?
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Re: mortgages, words, breach of contract

Postby preacherman » Sat Mar 24, 2018 7:14 pm

atticus wrote:And if they find what you provide in some way wanting?



but they didn't. I provided what was requested, and no questions from them about that.'.As it has been some time since mortgage was applied for a new application will now have to be made'

even the broker said it is frustrating.
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