Mortgage offer letter....what to do now?

ConfusedFTB4

Hi everyone

Hopefully this isn't too much of a silly question. We've received our offer letter and had a good read of it, all seems fine apart from one mistake which we have asked our mortgage provider to correct and send out a revised letter.

Only thing is I'm not sure what to do next, should I just sign the letter and send it back to the mortgage company or do I need to get my lawyer to look at it?

Also is it ok to sign more than one offer letter (i.e. from two different lenders)?

Thanks in advance

The_Palmist

Is this a final offer letter ? If it is then I am assuming you have a deal in place. Your solicitor should have received a copy of this offer letter as well and would take care of the rest.

Mortgage with two different lenders ? Now why exactly would you do that ?

You lender should be sending a revised copy to your solicitor as well.

Has the bank even approved the mortgage ? Is the survey done ?

Or have they just sent you a dummy offer letter detailing how much your payments etc. will be ?

ConfusedFTB4

It's a final letter to be signed by us, survey etc has all been carried out, I didn't realise a copy was also sent direct to our lawyer so thank you for your response.

G_M

ConfusedFTB4 wrote: »

.... should I just sign the letter and send it back to the mortgage company or do I need to get my lawyer to look at it?

Also is it ok to sign more than one offer letter (i.e. from two different lenders)?

Thanks in advance

Does it ask you to sign and return? If yes, and you wish to proceed with the mortgage, then do what it says!

Are you using the same solicitor as the mortgage lender, or a differenet one? If the same, he should have been sent a copy - does it say cc (solicitor name) at the bottom?

If you want two mortgages, and both lenders are happy for you to have two mortgages, then by all means sign two mortgage agreements!