My bond was declined this morning due to the house apparently being graded as derelict by the valuer. So now it's back to the drawing board.
I've asked to find out how much they valued it at in the hopes that I can come up with enough cash to pay in the balance. I've also asked my estate agent to apply to other banks in the hopes that I can get this house.
Worst case scenario is that I rent in the area and save like mad until I can afford to buy a house cash. Then I won't need to worry about banks & their silly rules.
But to be honest, I really feel like crying this morning. It's such a big setback.
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