House

Hmmm… not so simple is it. Mind you, house buying rarely is, is it?!

We’ve hit a potential snag with the mortgage borrowing - turns out that lenders aren’t that keen on lending over 80% of ppty value to folks without permanent residency… which we don’t have.

Would have been nice of the mortgage adviser to point this out when we went to see her BEFORE we offered on the house! Anyway, she mailed us this morning AFTER we’d signed the deal and mentioned this feature. Needless to say got straight on the ‘old blower’ to her and asked what could be done!

And from talking to her again this afternoon, turns out there SHOULD be at least one lender who will loan up to 90% (that’s fine, that’ll do), as we just need to be able to demonstrate lender approval by Friday to ensure the deal goes ahead.

In the meantime, seems that in fact the lenders she spoke to were unhappy about me not having a contract specifying permanent employment, as my current contract (for whatever reason!) actually specifies a 2-year placement. Another email to work has now followed, to request that my contract be updated to PERMANENT, which will hopefully mean other lenders will subsequently give us quotes for the house we want to buy.

ARRGGGGHHHHHHHHHHHHHHHHHH!

House buying - bag o’ sh*te…