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“After 3 weeks they reduced the amount they'd lend us”

written by JWV529N on 24/11/2013

We applied for a mortgage with accord through our broker. Took ages for him to sort out extensive paperwork. Advertised rate was excellent though and they said they'd lend us the money we needed. After 3 weeks they came back to him and said they could only lend around £60k less than we needed. Hence we lost the application fee and wasted 3 weeks, almost lost the house purchase because of the delay. Luckily Nationwide saved the day.

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