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Threat of redundancy and moving house

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Turnip17 Posts: 1 Newbie

30 May 2017 at 12:12PM in Mortgages & endowments

Hi,

I have the potential threat of a redundancy notice being given to me in 3-4 weeks time. How will this affect my mortgage offer? I am concerned about losing my deposit if I am that far into a house exchange. So far I have my house on the market and am waiting for a buyer. I should get an ok redundancy payment, but perhaps I should also be taking out mortgage protection now?

Any help much appreciated.

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Threat of redundancy and moving house

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