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Need a little advice!

Hi there, I'm looking for some advice! I'm currently in the process of purchasing property with my partner, we have our deposit, and have been approved by a lender, and mortgage application should be complete by Friday, however can I take out a personal loan at this time or could this affect the money being transferred as I have new credit!? I'm requiring a new car, and a little extra around moving out time wouldn't go amiss! Thanks in advance!

Comments

  • DevCoder
    DevCoder Posts: 3,361 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Until its all sorted then an agreement in principle can be reviewed by the bank, taking into account new circumstances/information from CRA's etc.
  • Wait until your property purchase is complete. Mortgage offers can be amended until the money is transferred by the lender
    I'm a qualified accountant but please make sure you get expert advice as any opinion is made in a private capacity.
    "A goal without a plan is just a wish" Antoine de Saint-Exupery

    Mortgage overpay 2012: £10,815; 2013: £27,562
    Mortgage start £264k, now £232k
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