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Mortgage/Credit Question

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Hi,
I've been in the process of remortgaging. I've received a verbal offer and am just awaiting the formal written offer. However, I've now decided to stay with my current lender. I'm just concerned now about how my credit rating may be affected? Any advice appreciated. Many thanks.

Comments

  • herbiesjp
    herbiesjp Posts: 8,499 Forumite
    As long as you havent signed anything you will be fine.

    It does not affect your credit rating.

    The first lender may charge a withdrawal fee however, or charge other fees, so double check.
    I am a Mortgage Adviser
    You 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.
  • ragingbull
    ragingbull Posts: 22 Forumite
    Thank you herbiesjp.
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