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DO NOT GO FOR MORTGAGE WITH LLOYDS!!!!!!!!
Author Name: christopher
Advantages: friendly employees
Disadvantages: disasterous and stressflull experience with mortgage
Hello everyone, im also one of these who do not usually write a review but in this case I have to share our horrendous experience! Well couple months ago me and my partner went for mortgage with Lloyds since we bank and have expensive life insurence with them. People including mortgage advisor were really nice and everything went very smoothly, we even issued credit cards in order to increase our credit scoring and for last half an year just saving money and hardly lived, however we thought it will all be over and worth it when we get our own house....i we just knew! Anyway, teo months ago our morgege has been accepted, all necessary credit scoring and searches done and we got our mortgege promise!! yuchuuu! We looked for houses and found our dream house!!!!! We offered 15% deposit and put offer on the house... offer has been accepted and because house was repossesd we had 28 days to complete all searches etc. We started straight away, paid Lloyds 300 for valuation report on house, paid solivcitors 300 deposit and ball started rolling!!! meantime me, my partner and our 10 months old baby moved out from our renting place to friends house to save as much as possible. The mortgage offer has been sent from bank to solicitiors and we were just waiting for contracts to be sent to us, on 27th day we recieved contracts and 'tomorrow' should be the day we buy our dream house!!!! BUT!!!!!!!!! Two hours after I have sent our signed contracts mortgage adviser called that contracts wont be exchanged that they need more information about child tax credits, then proof of our previous address etc! BUT WE DID THIS ALL BEFORE WE GOT OUR MORTGAGE PROMISE!!!!!!!!!!!! Anyways, it all fell through and we are not going to get mortgage with them anymore! Just few hours before exchanging contracts!!! we spent money, lived in small room (still living in small room) with baby and in laguages.... we are absolutely let down and withdrawn... on top of all this they said since our mortgage has been declined we wont be able to get another one!!! OMG!!!!!!! we own solicitors 1200 and lost so much time and caused us so much stress... we are going to demand the money for solicitors and want every penny back, this is ridicilous the should not have gave us hopes and leave it all for last minute... I hope for you who are considering getting mortgage with lloyds please use us as an example and make sure all is done before you start ball rolling.. i really do not wish this to my biggest enemy... please choose mortgage company wisely...
Summary: Complete mess up with our mortgege application, horrible experience, please read!
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