Aug
29
paul h asked:
i was just pre approved by westpac for a 20,000 dollar top up loan which takes me to 80% later they told me they can only give me 60% because my post code comes as a high risk area when i asked why . they said as it was a minning area . i later called to get this in writing but they seem to be reluctant to give it to me and are saying that the guy shouldnt have told me this they now seem to be avoiding my request of this in writing and say a supervisor will get back to me which hasnt happened as it is a minning area they say boom times can affect peroperty values up or down depending whether its a down turn or upturn in minning yet the minning company state that minning dosent affect the property values can any one tell me my rights as to obtaining a letter from bank to say why my post code is classed as a high risk area and has anyone heard of this or had the same experiance
Lisa
i was just pre approved by westpac for a 20,000 dollar top up loan which takes me to 80% later they told me they can only give me 60% because my post code comes as a high risk area when i asked why . they said as it was a minning area . i later called to get this in writing but they seem to be reluctant to give it to me and are saying that the guy shouldnt have told me this they now seem to be avoiding my request of this in writing and say a supervisor will get back to me which hasnt happened as it is a minning area they say boom times can affect peroperty values up or down depending whether its a down turn or upturn in minning yet the minning company state that minning dosent affect the property values can any one tell me my rights as to obtaining a letter from bank to say why my post code is classed as a high risk area and has anyone heard of this or had the same experiance
Lisa