02 May London’s Direct Mortgages – Oh joy!
Th
e news is that mortgage lender’s are not feeling very well – AGAIN. There are lots of reasons behind this, let’s not go into all that right now. It is SO boring.
However the effects are that lender’s are trying to reduce the amount they are lending. One of the main ways that they do this is by trying to switch off / reduce applications they get from mortgage brokers.
So it came to pass that I told a friend of mine to go direct to a lender, as they were offering a much better rate.
What an honest and lovely chap I am. How honourable. Frankly, how wonderful. So imagine my shock when he came to my birthday bash last Friday full of crossness.
He tootled along to the local branch of this bank with all his supporting documentation. He was greeted with “where is your wife?”. He was surprised at this, as her presence had not been required when the appointment was made. So he dropped off his documents and went back a couple of days later with the required spouse.
Lovely, nice to meet her. Where are your documents? I gave them to you last time??! Oh right. No, I threw them away as I thought you’d bring them today.
So – three meetings JUST to get the application submitted. He was daunted as to what lies ahead.
Well – presumably the bank sat you down, gave you a coffee and tried to sell you some ancillary products?
No. The “meetings” were conducted in a corridor.
He begged me to take over. Obviously I felt his personal anguish, however it did fill me with a certain amount of joy that the Banks are still so wonderfully hopeless.
By way of thanks and to celebrate being 40 he bought me a JagerBomb. Disgusting, but effective.
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