Tuesday, August 26, 2014

Will a bank refuse a mortgage because they've already lent on that address?

It's a new house development with Redrow, financial broker has told me I can't apply for a Halifax mortgage because they've already given too many mortgages at that development so they won't lend any more money on that area.

He has told us a lot of lies so just trying to figure out if that's another lie or if it's true?

Many thanks
Added (1). thanks for the replies so far, the reason why I'm using this broker is because Redrow forces me to do so, I either use their broker and expensive lawyer or I can't get the house.

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