04 May 2015 7:21 PM:
After 6 months we have not been offered the 110% we put in for but 100% which we have had to turn down. There is a reason for going for 110%, that is to include the fees that, coupled with the other costs (solicitors, agent fee, etc) would have been too much for us. So we have to pay half the solicitors fee for work done so far and we do not get our deposit back as apparently there is a clause on the Aliseda website that lets them off the hook. We weren't told this by the agent, we asked if we got our deposit back if we didn't get offered the 110% and the answer was yes.
Good job agents, and thanks for your non-existant contact since it went down the pan.....
Community thread:
not accepted for 110% mortgage: help
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