Building loan is obstructing

Shoemaker, stick to your last, that's the motto I'm going by. And a real estate agent who at the same time wanted to offer me a loan, I politely declined. Both the loan and the house construction. At least one was honest and said: Of course, a repayment rate of 1% is not sensible at all, but you wouldn’t believe how many people don’t care about that. The main thing is that they can build.

Regarding your topic. I would cancel everything. Talk to the KWG to clarify that it was never intended at any time to acquire the funding in this way, but that from your side only a loan inquiry was made to Ing through the intermediary.

Although there is a significant difference in terminology between "loan inquiry" and "loan offer."

@ Baschti

I really don’t understand why you are upset about the financer Stadt & Land? You were the first to forward the documents from your insurer. Double standards?

Yes, I do suspect that your choice of Town & Country is due to frugality. That would also explain why you still believe this provider is your construction partner.

Rhenish greetings

Construction expert, on the road

and addendum ...

Such behavior/procedure is currently not common ... among reputable construction partners!

Construction expert, on the go

@ Baschti

I really don’t understand why you’re upset with the financer Stadt & Land? After all, you were the first to pass on your insurer’s documents. Double standards?

Yes, I quite suspect that your choice of Town & Country is due to stinginess. That would also explain why you still believe this provider to be your building partner.

Rhenish greetings


Bauexperte, on the go

Yes, of course I gave the employee of the company Stadt and Land the offer because he asked me to so he could create an appropriate new offer for me... which he can’t do now! But just because I gave him the documents doesn’t mean he has the right to pass them on to third parties? Or am I mistaken?

Hello Baschti,

my honest opinion:

Keep your hands off working with this "advisor."

If he’s already pulling these maneuvers before the contract is signed, what do you think will happen once the contract is signed?

You can also tell from the reaction of your contact person at the insurance company what they think of such business practices.

It may have been a bit clumsy of you to forward the complete offer by email, but that certainly did not entitle the "advisor" to forward this confidential document to a third party.

Sorry, a bank that would allow something like this would have a lot of fun with the state data protection officer and the Federal Financial Supervisory Authority...

You have concerns about firing these big guns now?

What more do you need besides abusive forwarding of your data and a threat that, in my personal opinion, is close to the criminal offense of extortion?

Such gems as your "advisor" from Stadt und Land have absolutely no place in the financing market...

These birds are the ones ruining the reputation for us serious bankers (yes, they do still exist...)...

Ultimately, it’s up to you whether you put up with this behavior and even reward it with a construction contract.

Other mothers also have beautiful daughters...

In addition to the statement from the construction expert: My grandpa always said: Whoever buys cheap, usually buys twice!

Regards,

Dirk

Good evening,

But just because I gave him the documents, it doesn’t mean he has the right to pass them on to third parties? Or am I mistaken?

Are you playing dumb or are you really that dumb?

You received a personal offer from the insurance company tailored to your private situation. You passed on this offer — completely ignoring data protection regulations (which are so important to you in the opposite case) — to the Tünnes from Stadt & Land. Where exactly is the difference between your actions and his?

Don’t try to get away with something without any consequences, it doesn’t work one way or the other!

Rhenish greetings