We next approached the bank who were very good. We gave all our details filled in all the relevant paperwork and were told it would take about 2-3 weeks, 3 weeks was taking it right up to christmas 2008. We didn't have a mortgage on our house so we were confident.
We then rang Harral brokerage and haggled a bit, we ended up with a price we were happy with and then it was just a matter of time.
2 weeks passed, the surveyor came and went and the bank were trying to get some news. We ended up on the last day before everyone went home for xmas being told we would get our decision that day...we didn't, christmas was awful and after christmas was worse.
Festivities over we rang the bank. We had been refused...what...how...why...it just wasn't logical..
The explanation....outgoings too much for income...still didn't make sense..
Turns out they were taking the overheads from our second business into consideration when they wouldn't take the income into consideration as it had only been running for 8 months. I had to get confirmation that these overheads were not in anyway connected to or being paid by our main business...the bank faxed everything straight through for us and we waited again.
Hooray!!! money sorted
A couple of days later 16th Jan 2009 we picked up 'peregrine' name soon to be changed.