Oversharing to EA

[validUsernameHere]

Hi everyone!

I have some questions related to EA. Is it common for EA to ask buyers proofs of deposit before an offer is accepted?

This happened to us, and the EA specifically asked us to share banks statements. I didnt think much of it and shared in hope to prove that we are in a good position. But after reading online, it doesn't seem to be common, and that we may have overshared too much (i.e agent might advise seller to ask for more).

On top of that, the EA requires us to speak to their in house mortgage consultant. We have 0 interest in using theirs as we are happy with ours. The whole thing feels very dodgy that I'm considering to pull out my offer (which isn't clear yet if it's accepted or not). Any opinions on our situation please?

One offer we had accepted the EA only asked how the deposit was made up and didn't ask for any proof.

That fell through and on the next property with a different EA we made an intial offer, it got counter offered and we agreed. We then had to show proof of the deposit in our accounts before they would accept the final offer officially and take it off the market. The also wanted to see DIP.

Personally I've never heard of having to meet their mortgage broker. The last house we bought they were very pushy and wanted us to meet with their broker but we refused.

I refused an in-house broker and asked if they would still put my offer to the seller. I said if they refused I'd go and knock on the door and tell them.

hoa.org.uk/advice/guides-for-homeowners/i-am-buying/avoid-estate-agent-in-house-services/

Firstly, yes it’s normal to provide proof of funding - it eliminates time wasters.

Secondly, you can politely decline the in-house broker. Stick to your one and don’t be pressurised.

Personally I've never heard of having to meet their mortgage broker.

I've definitely experienced this. You don't have to use them.

Thanks everyone, that's reassuring! We'll just say no then to their in house broker, and will see if they try to force it.