Not a great experience. It started of well, we viewed a flat we liked. The agent told me "there were lots of offer for it". I decided to make an offer, which was accepted very quickly (I guess I was special). I decided to use the agency's own financial advisor. He did a soft search on my credit report and found some late payments that affected it negatively (It was a mistake from BG, which has been rectified since, but that's another story!). The advisor said the only mortgage provider that would accept me was a specialist mortgage with a ridiculously high rate. After hearing that, I explained there was no way I'd use one of those mortgage providers, that'd I rather wait till the mistake on my file got sorted before committing myself to buy a property. I did not know how long it would take for my credit file to be rectified, and although I was very interested in the flat, I'd rather pull off for now. Both the agent and advisors were adamant I could not pull out as my offer had been accepted. At that point, no document had been signed, no money had been paid. They probably assumed I was a fool who would believe that lie. I felt very pressured. The advisor asked me to instruct the solicitor "to show I was committed" …which is absolutely terrible advice. Instructing a solicitor with no mortgage in place? What kind of effery is that? I also found out a couple of red flags about the property, and I decided I was done. I do not like to be pressured and lied to. I wrote an e-mail explaining I was not going to proceed with the purchase, explained why, and told them it was non-negotiable. They hounded me on the phone for days to the point I was actually scared to answer any calls. I had to send a message asking them to leave me alone. Clearly, I have dodged a bullet. My credit report got cleared shortly after, and I found somewhere to leave, but that experience left me feeling very unsettled.
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473 High Road, London, N17 6QA, UK, N17