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Quick question re DIP

henrypootle
henrypootle Posts: 109 Forumite
in Mortgages & endowments
We've got a DIP with Nationwide and put in an offer on a house on Saturday. Still waiting to hear back whether we've been successful or not.
Realised this morning that the DIP is valid until today. Does it matter? Do I need to do anything?
I'm presuming that if our offer gets accepted in the next couple of days it wont really matter?
Henry Pootle (aka Piglet) :)

Comments

  • csgohan4
    csgohan4 Posts: 10,600 Forumite
    Ninth Anniversary 10,000 Posts Name Dropper Photogenic
    thats fine, its the full application that is the main thing, bare in mind that the EA and vendor now knows what you can you afford to the max, that is one reason I went through a broker and didn't get a AIP for the EA
    "It is prudent when shopping for something important, not to limit yourself to Pound land/Estate Agents"

    G_M/ Bowlhead99 RIP
  • amnblog
    amnblog Posts: 12,761 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    When your offer is successful and you progress to full application, Nationwide will run a new credit score anyway, so the expiry date of your DIP makes no difference.
    I am a Mortgage Broker

    You should note that this site doesn't check my status as a Mortgage Broker, 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.
This discussion has been closed.
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