Help/ advice needed about my car finance

Gls

We have just exchanged contracts on a new build that will be ready in July. Unfortunately my car finance deal is up and due to renew. This has all been taken into account when we applied for the mortgage so won't be a surprise as I already pay for a car monthly. However if I settle my old car finance and take out a new one will this affect our mortgage???? My car finance is due for renewal therefore I need to change my car and I need a car for work. The broker told us not to apply for any new finance but this will just be a change to existing finance. Also the new amount will be cheaper per month. Anyone else seem to have think this will be a problem or will it be ok???

foxy-stoat

https://forums.moneysavingexpert.com/discussion/5985505/mortgage-offer-and-exchange-but-another-problem

You have already asked this question.

If it was me I would forget about PCP deals, just buy a reasonable cheaper car outright....I have a £4000 car that I drive for my work and its fine.

csgohan4

Do at your own risk


https://forums.moneysavingexpert.com/discussion/5930981/help-mortgage-offer-withdrawn-after-exchange

AnotherJoe

Rent a car for a few weeks.