Terms & Conditions Acceptable Use Policy Take Down Policy Privacy Policy Contact Us
Go Back   Expat Forum For Expats, For Moving Overseas And For Jobs Abroad > Expat Forums by Country > Britain Expat Forum for Expats Living in the UK

Britain Expat Forum for Expats Living in the UK Living in Britain ForumThe Britain Expats forum is a community of people that have moved to the UK from overseas. This is the place for Expats to meet and discuss anything about the British way of life. You will find this forum a welcoming place to discuss the Great attributes of your new home. Discuss anything from jobs, property, culture, food, history and more.

Refused a Mortage

Reply
 
Thread Tools
  #1 (permalink)  
Old 15th November 2007, 09:00 PM
Expat Newbie
 
Join Date: Nov 2007
Posts: 1
Rep Power: 0
expatfil is on a distinguished road
Default Refused a Mortage

My wife is a naturalised British citizen while I am still on a work permit. We both work on a stable job. We went to a popular high street bank to ask how much we could borrow because we want to buy a house but the bank said they can't lend us money as a couple because of my residency status, i.e., I have less than 2 years in my work permit. I would like to know if the bank is right in refusing us a mortgage. Are there any other lenders who can lend us the money to buy a house?
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
Sponsored Links
  #2 (permalink)  
Old 16th November 2007, 10:35 AM
Active Expat
 
Join Date: Nov 2007
Location: Buckinghamshire
Posts: 31
Rep Power: 0
STGO is on a distinguished road
Default

I am afraid that the bank reserves the right to lend or not lend.

I have moved countless people into Britain who have purchased a property here, but maybe they were in a cash position, dont really know how you can get around the mortgage problem.

I really believe that someone somewhere would lend you the money, you just have to keep looking i`m afraid, we had a few problems with my wifes history but managed to find a lender (Skipton) and once we were on the ladder its easier to move lenders.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
Sponsored Links

Reply

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

LEGAL NOTICE
By using this Website, you agree to abide by our Terms and Conditions (the "Terms"). This notice does not replace our Terms, which you must read in full as they contain important information. You must not post any defamatory, unlawful or undesirable content, or any content copied from a third party, on the Website. You must not copy material from the Website except in accordance with the Terms. This Website gives users an opportunity to share information only and is not intended to contain any advice which you should rely upon. It does not replace the need to take professional or other advice. We have no liability to you or any other person in respect of any content on this Website.
FORUM PARTNERS

ExpatForum.com is owned and operated by the MoveForward.com Limited group. You can find out more about us here. Keep a look out for some up coming ventures like: The Dubai Forum for everything about Dubai. The Income Forum for everything financial.

Expats Guide to Moving Overseas | Expats Guide to Buying Property Abroard | Guides to Working Abroad | Retiring Overseas Guides | Moving Overseas Guides | Expat Country Guides | Expat Property Guides | Cost of Living | Health Care Guides | New York Forum


Latest Active Threads

All times are GMT. The time now is 04:19 PM.

Living in America Forum America Forum
Living in Australia Forum Australia Forum
Living in Britain Forum Britain Forum
Living in Canada Forum Canada Forum
Living in Cyprus Forum Cyprus Forum
Living in Dubai Forum Dubai Forum
Living in Egypt Forum Egypt Forum
Living in France Forum France Forum
Living in Greece Forum Greece Forum
Living in Hong Kong Forum Hong Kong Forum
Living in Italy Forum Italy Forum
Living in Japan Forum Japan Forum
Living in Mexico Forum Mexico Forum
Living in New Zealand Forum New Zealand Forum
Living in Portugal Forum Portugal Forum
Living in Singapore Forum Singapore Forum
Living in Spain Forum Spain Forum
Living in South Africa Forum South Africa Forum
Living in Thailand Forum Thailand Forum




Powered by vBulletin® Version 3.7.3
Copyright ©2000 - 2008, Jelsoft Enterprises Ltd.
Search Engine Friendly URLs by vBSEO 3.2.0