Crosswords0 min ago
mortgage in principle -solicitor
5 Answers
applying for a mortgage application in principle the broker has told me they cannot process my application as the lender wants details of a solicitor acting on my behalf- as yet i have not had time to instuct a solicitor- but i am confused as surely all that matters at this stage is my income and nothing else?
any advice appreciated
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For more on marking an answer as the "Best Answer", please visit our FAQ.I would agree - solicitor's detaisl are not needed yet. The broker or lender may want these details to show that you are serious - it obviously costs them time and money to underwrite your case - and having a solicitor means that you are taking it seriously and are not just going to say 'thanks but no thanks'.
Go back to your broker and tell them that you haven't got a solicitor yet, nad are not going to instruct one until you have found the property you are looking for. If they an't proceed for a DIP without this, then say 'fair enough' and go find another broker.
Go back to your broker and tell them that you haven't got a solicitor yet, nad are not going to instruct one until you have found the property you are looking for. If they an't proceed for a DIP without this, then say 'fair enough' and go find another broker.