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Exchange of Contracts?
Uncle_Fester_2
Posts: 291 Forumite
Can a lender request, refs, checks after Exchange of Contracts? 
As I could, loss my deposit, due to time scale!
As I could, loss my deposit, due to time scale!
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they can check at any time, even after completion although this is unlikely. If you are due to exchange then I presume they have produced the mortgage offer? Unless your lender looks on here and recognises your name I think you'll be OK.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
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So they can?0
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yes they canI 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
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Lenders normally do checks before they issue mortgage offers not after. Why do you think they may go sniffing around now?I'm a Forum Ambassador on the housing, mortgages & student money saving boards. I volunteer to help get your forum questions answered and keep the forum running smoothly. Forum Ambassadors are not moderators and don't read every post. If you spot an illegal or inappropriate post then please report it to forumteam@moneysavingexpert.com (it's not part of my role to deal with this). Any views are mine and not the official line of MoneySavingExpert.com.0
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Lenders can request checks or even remove your offer at any time. This would however be extremely rare but is likely to be when fresh evidence comes to light ie they discover you wrote your own reference or bought in the payslips etc I wouldnt worry about it unless you have been on the fiddle.I like to give people as many choices as possible to do what I want them to. (Milton H Erickson I think)0
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