harry 1958:. I have already had a full underwriting check carried out to get the AIP..
No you haven't gone through full underwiritng....you have just gone through an initial credit and affordability check.
An AIP is an "Agreement in Principle" It is a cursory check of credit profile and affordability prior to an application being submitted. It is NOT a fully underwritten case. Most AIP's are automated and an answer is given within 30 sedconds of submission of information which is only name, address, date of birth, length of time at residence, employment, earnings, debt in place and previous adverse credit. This will usually give a yes or no asnswer "in principle" once you have this then a full application needs to be submitted along with any requested documentation. From here the underwriters will look at the case and will check residence and indentity against documentation and credit records, will recheck credit in detail and affordability against documentation provided such as payslips and bank statements.
There could be many thing that the underwriter did not like with the case and they are normally very experienced in what they do.
You will be welcome to appeal the case but I can tell you from my own experience that out of about 20 appeals I have placed for clients (some with Coventry/Godiva) I have only ever had one upheld.
I cannot say what it is that the underwriters will have pulled up but they normally will have to evidence their reasons why they have decline a case for FSA records (not for yourself) but in doing so they normally have already built a rock solid case that will evidence against existing criteria why they feel the case cannot be taken on.
It would be wise to find out why this has happened first before proceeding with any appeal. If you used a broker then it will normally be disclosed to them, maybe not in detail but enough to know where to start your appeal, if you went directly to Coventry / Godiva then you may need to write a letter to find out why you were given a decline.