to be mightily p***d off with my bank for withdrawing my mortgage at the last minute

[cornishshelley]

I found a house 8 months ago and went to my bank. The house has a 157 sale restriction and can only be sold to people who have lived or worked in the county for 3 years. I showed the bank the house details and pointed out the restriction as I knew it could affect getting a mortgage. The mortgage adviser said it wasn't a problem.
Then last week when we were finally due to talk exchange dates they pulled out saying they don't mortgage any properties with sale restrictions on. Now my buyers pulled out, the house we want is likely to be repossessed and we've lost our dream home
It just seems wrong :(

poor you, YANBU to be pissed off if you pointed it out at the time. Can you find another provider and still get this sorted? Why have your buyers pulled out, or is that for similar reasons?

YANBU but if the house you want is going to be repossessed you might be able to get it for a lower price from the mortgage company who will own it - worth looking in to. Hope you find another mortgage in the meantime.

We managed to get a new mortgage approved in less than a week - lots of hard work and stress!!! The problem now is my buyer has pulled out stating all the delays as a reason. Unless we can find a new buyer and get a deal back on the table in 2 weeks the house we want will be repossessed.

I've complained to the bank and am at least expecting my wasted fees back but do you think I should push for more and ask for compensation as well.

I also wonder if the council realise that the sale restrictions they have put on to assist locals stay in the area are actually penalising them as not many banks will lend on these properties and those that do tend to charge higher rate