Very negative experience with NDA…
Very negative experience with NDA Mortgages. In my experience, key information relevant to my purchase of a new build property was not made sufficiently clear during the process, which materially affected my decision making. I paid a £1,000 fee to obtain a mortgage offer, only to receive terms that I considered extremely poor for my circumstances, specifically a 65% LTV mortgage at 6.99%, which I ultimately chose not to proceed with. My understanding was that the firm had previously advised other buyers within the same development, which left me questioning whether the likely lending constraints and quality of offer could have been communicated more clearly before I incurred the fee. The overall experience left me feeling poorly advised and significantly out of pocket. I would encourage prospective clients to fully understand likely lending outcomes, fees and alternatives before proceeding.