12 May 2012 11:23 AM:

Ok well there have been developments now and need more advice! We turned the offer of the bad mortgage down. The history on this is that we had originally said we were still thinking about whether we wanted to put the deposit down, I just happened to login to our bank account one day and saw they have taken our 1000 euro deposit without our permission. Anyway I contacted them both - estate agent and solictor, they say its ok if you do not get the property you will get your deposit back as it is in the contract. I requested the contract imediatley - it says that we do get the 1000 euro back so we said ok we will see then what the bank says with the original mortgage offer (that was much lower rates!) ofcourse this did not happen, the mortgage offer - if there was one - was withdrawn. Then they come up with this awful offer, we say no, they say maybe another bank.....we decided we have dragged this on long enough and if we try for another mortgage its another 300 euro for the valuation again so no we do not want to carry on, it has been going on for nearly 2 years! Anyway I then have contacted the solicitor to say please return our deposit now. She now says she cannot because we have had an offer and turned it down. I have said to her over and over again now that the contract is not valid as we originally did not agree to give the deposit. They are not playing ball. What can I do now? We cannot lose thsi  money, I will be all over the internet with their details soon but I need to know how to proceed - I saw some people on the forums who had similar problems - can someone help me please?! Thanks so much.

Thread: Advice needed urgently please re spanish mortage offer

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14 Mar 2012 12:14 PM:

Hi all - wow did not realise I would have started such a thread!

We are not going to take that mortgage offer. We are looking at other options and I have contacted a couple of places to see if they can help get us a mortgage. Fingers crossed for a result at some point!

 

Thank you to everyone who has posted advice on this, I have been contacting the contacts given and hopefully one of them may help. If anyone else knows of a good advisor or company to try and get the mortgage through please do let me know!

 

Will update if anything more comes of it :-)

Thread: Advice needed urgently please re spanish mortage offer

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10 Mar 2012 2:23 PM:

Hiya yes I figured it was a no-go as soon as I saw it. The estate agent has been trying to get a different mortgage, I don't think she wanted to bring this one to us but had no luck elsewhere so not convinced it is all down to her although I am aware that they could be dodgy in the end!! Our original solicitor I think is dodgy and we a revoking her power of attorney when we go in April - she transferred our deposit without waiting for us to tell her to go ahead which sparked alarm bells so I removed the rest of our euros from that account and got copies of all paperwork straight away, unfortunately we can't get over til April to revoke the power which is concerning. I now just have to make sure all is stopped- any more of this type of thing and I will Name and shame all over believe me, just not until we have our deposit back-our terms were that we would have the deposit returned if we did not complete-once that is safe in my account again then I will tell who is involved!

Thread: Advice needed urgently please re spanish mortage offer

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10 Mar 2012 2:11 PM:

Hi all, we do have the 12percent of property value needed for taxes and fees, however we were unaware that the banks could demand a further 6000 euros for getting the mortgage setup! We are not going to go for it as we are lucky enough to be in a position where we can save up for it instead, not the same house ( well it maybe if the economy stays so bad!) but at the end of the day there will be more houses. It makes me cross they think we are so desperate that we would accept this mortgage!

Thread: Advice needed urgently please re spanish mortage offer

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07 Mar 2012 3:07 PM:

Not sure about the young part ha ha but yes I think we would regret paying that much out in order to satisfy our goals out of impatience. Rather that we wait and make sure we get the deal we need/want. Once we have the money we will then be ahead of the game on the properties and not have to mess around with these nightmare banks!

Thread: Advice needed urgently please re spanish mortage offer

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