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6 month wait for mortgage?

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  • ValHaller
    ValHaller Posts: 5,212 Forumite
    1,000 Posts Combo Breaker
    Thrugelmir wrote: »
    Money laundering regulations. Potentially releasing funds from assets from money is owed to creditors. There's quite a few reasons.

    So easier for lenders to maintain a 6 month window,
    So it is not money laundering regulations. It is management by tickbox. What is required is an intelligent lender to assess whether the request for a further advance (or a remortgage) to finance building work actually stacks up.
    You might as well ask the Wizard of Oz to give you a big number as pay a Credit Referencing Agency for a so-called 'credit-score'
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