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PWM1
PWM1 Posts: 17 Forumite
edited 31 October 2016 at 12:22PM in Mortgages & endowments
Hi all,
I have a full mortgage offer from Halifax. It's a Help to Buy mortgage guarantee product, with a 5% deposit.
The offer says that it expires in February 2017, however I've just read that the government's mortgage guarantee scheme ends in December 2016.
I called Halifax on Friday. The adviser said they would ask another department and get back to me, but I wondered if anyone here might know if I could still complete our purchase in January?
I want to make absolutely sure before exchanging contracts.
Thanks in advance

Comments

  • kingstreet
    kingstreet Posts: 39,254 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Yes.

    It closes to new applications in December.
    I am a mortgage broker. 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. Please do not send PMs asking for one-to-one-advice, or representation.
  • PWM1
    PWM1 Posts: 17 Forumite
    Thanks very much! That's reassuring, as our vendor previously told us they could move on asap by moving in with family. All of a sudden that's no longer possible and we can't complete until the middle of January.
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