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Do Mortgages check you have paid all yor debt off?

In the middle of moving-Mortgage company said they want me to pay off my credit cards etc-I have agreed to do this-Just wondering if they really do check?

Comments

  • AndrewSmith
    AndrewSmith Posts: 2,871 Forumite
    If it conditional of a mortgage offer then, by rights, the solicitor dealing with the funds is obliged to ensure that all conditions of the mortgage offer are adhered to.

    It actually depends on the lender as to whether they will 'check up' so to speak however if you are not intending to clear the debt you shouldn't have said that you were.
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