We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Securing mortgage before finding property
Comments
-
Oh dear!!
Say the AIP doesnt last for long and you havent found a house by the time it ends/ceases and you then get another from a lender, will this not eventually affect your credit file? (sorry if i sound a but "duh" but im new to all of this and my brain is on information overload).
Unless you are pushing the limits you are not really going to have an issue. The credit score bit isnt going to change unless something negative happens and you would know about that. If a fair time has passed, you could always ring the mortgage adviser/broker and ask them if they still think its ok. Most experienced advisers/brokers know when a mortgage is going to be ok or going to face problems.I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.5K Banking & Borrowing
- 253.7K Reduce Debt & Boost Income
- 454.5K Spending & Discounts
- 245.5K Work, Benefits & Business
- 601.5K Mortgages, Homes & Bills
- 177.6K Life & Family
- 259.5K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards