I am desperate for some advice please!!! I hwas told I have probelms getting the mortgage although I had agreement in principle all ok and payed for the lender survey and evaluation!!!!
After getting the AIP and having the survey on the property and evaluation, the lender said I have a problem as they thought reference from my employer about my "overtime allowance". I gave them an approximate figure for my projected overtime in 2009, which of course I haven't been paid as it is still early 2009. After I got the agreement in principle and paid for the evaluation they said they asked my employer who confirmed the overtime for 2008, which is much lower than what I told the lender for 2009. I am 100% confident I will get this overtime but it takes time to build it up. My lender now is saying they won't be able to offer the loan I am asking for.
What shall I do? they first said it was all ok and gave me AIP and charged for the survery and now they are saying they won't lend me the money? Please advice!!!