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Mortgage offer expiry timescale

After receiving a mortgage offer which is 'valid for' 4 months, what progress needs to be made on a house purchsase in order to meet the mortgage offer timescale? Do you just have to have an offer accepted, exchanged contracts or completed the purchase within those 4 months?

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  • kingstreet
    kingstreet Posts: 39,523
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
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    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.
  • jennhg88
    jennhg88 Posts: 253
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