Thanks for all your replies. Some valuable advice here which I will look into. The main issue we're having is that most lenders have really tightened their rules and criteria since April this year when the government introduced the mortgage market review. This basically calls for tougher and very stringent assessments of applications before making any offers. Unfortunately we're being declined left, right and centre before the application is even submitted (on the bright side, at least it saves us from paying application fees which can run into the hundreds each time to be told the same thing
).
It's early days of this new ruling and all the banks seem to be running scared....so slightly more complex cases like us are untouched from the outset. Each day our luck wears thinner and hearing the words "sorry we can't help" are becoming the norm.
