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Applying for a Mortgage for a Repossession
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Rainbow_Benno
Posts: 3 Newbie
I have an offer in on a repossession and the public notice is currently out.
I have had an "agreement" in principle from HSBC a couple of months ago. I have phoned up to sort out a second mortgage interview to sort out my application but have been told that even though they won't let me apply until my offer has been accepted, they can't guarantee that my application will be complete within the 28 days required for a repossession.
argh! :mad: Any (sensible) advice?
I have had an "agreement" in principle from HSBC a couple of months ago. I have phoned up to sort out a second mortgage interview to sort out my application but have been told that even though they won't let me apply until my offer has been accepted, they can't guarantee that my application will be complete within the 28 days required for a repossession.
argh! :mad: Any (sensible) advice?
0
Comments
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what happens if you cant complete within 28 days? do you lose your deposit like in an auction scenario, or can you get an extension of the deadline?0
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I've no clue. The estate agent told me that I have to complete within 28 days and that's just the deal with repos0
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