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How long is a mortgage offer valid for

CL
Posts: 1,537 Forumite


Hi There,
I am currently on a variable deal of 5.47 which runs until the end of August, There looks to be some good fixed rate deals about at the moment and I was wondering if I could apply for one now and get the offer in and then take it up in August, How long does the offer normally last for, I have it in my head that its 6 months, in which case I should wait until the end of Feb, correct?
I am currently on a variable deal of 5.47 which runs until the end of August, There looks to be some good fixed rate deals about at the moment and I was wondering if I could apply for one now and get the offer in and then take it up in August, How long does the offer normally last for, I have it in my head that its 6 months, in which case I should wait until the end of Feb, correct?
0
Comments
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Depends on lender, can be 3-6 months.0
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Not may 6 month offers left.
Also, be careful as sometimes the rate can expire instead of the offer - so you need to double check that as well.I am a Mortgage AdviserYou should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.0 -
Thanks everyone0
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