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So we had everything ready to exchange on 9th and our vendor has asked to push the dates and if we don't comply she will pull out anyway we don't want to lose the house but if we did and we wanted to buy a more expensive house say £25k more but £50k less than our DIP would you foresee a problem? Basically atm we are buying 150k and putting £23k down we could potentially put £30k down on £175 house. My broker is away for a week and I wondered if we saw the £175 and like it could we make offer x

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  • ACG
    ACG Posts: 24,584 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've helped Parliament
    Assumnig it passes credit scoring and affordability you should be fine.
    I am a Mortgage Adviser
    You 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.
  • Yeah think it would be £70 more a month which shouldn't be a problem as its only £30 more than we pay now hate this house buying lark
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    jojo9239 wrote: »
    So we had everything ready to exchange on 9th and our vendor has asked to push the dates and if we don't comply she will pull out anyway we don't want to lose the house

    Is a delay going to cause you issues?
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