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Finance whilst waiting to complete
Jeden
Posts: 69 Forumite
So i know i'm going to get shot down in flames for even asking and I am answering my own question. However...
We have been served 14 days notice by our builders on a new build house to complete. we officially get the keys on the 17th. now we need to finance the flooring but have such limited time scales as we need to move out and didn't want to do it without the floors been down.
Do you think it;s too risky to sign up for the finance on day 7 of the 14 day exchange? Or would you not risk it?
We have been served 14 days notice by our builders on a new build house to complete. we officially get the keys on the 17th. now we need to finance the flooring but have such limited time scales as we need to move out and didn't want to do it without the floors been down.
Do you think it;s too risky to sign up for the finance on day 7 of the 14 day exchange? Or would you not risk it?
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Comments
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Like you say, you have answered your own question.
Go ahead and do it, but you are legally obliged to inform you mortgage lender and that will lead to re-assessment of your mortgage application.0 -
They may well pick it up on the credit file even if you don!!!8217;t inform them.
It may not effect the case. If you are smart you won!!!8217;t do this.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.0
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