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How many mortgage applications can you make?

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Hello everyone,

Long story short, I will soon be signing my house over to my ex-husband and in return, he will pay me a lump sum.

He received a mortgage offer in May 2017 which expired in November 2017. He then reapplied with the same broker and was offered another mortgage which is due to expire this month. He cannot accept the mortgage offer until our consent order has been signed by the judge.

Will the lender be happy to keep doing this until he is able to accept it?
Will his previous two offers affect his third offer?

His credit history is squeaky clean, earns a good wage (£70k pa), no debt and he is only applying for £200k.

Thank you :)
My old materialistic lifestyle left me in debt worth £38,250.

Current debt balance £35,966 16/07/2018

Comments

  • undlou
    undlou Posts: 48 Forumite
    Would anyone have an idea whether this will affect his application?

    I would appreciate any opinions. :)

    Thanks
    My old materialistic lifestyle left me in debt worth £38,250.

    Current debt balance £35,966 16/07/2018
  • [Deleted User]
    [Deleted User] Posts: 35,242 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Your broker should be guiding you on this, assuming he knows what he is doing as he will know which lender he is applying to.
  • undlou
    undlou Posts: 48 Forumite
    Hi zx81,

    Thanks for your reply.

    Unfortunately, I can't ask the broker as I am not the one applying for a mortgage.

    thanks
    My old materialistic lifestyle left me in debt worth £38,250.

    Current debt balance £35,966 16/07/2018
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