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is lower offer still an offer?

Mortgage application via broker- they have come back offering a mortgage 7k less than what we asked for due to partners salary  but we can easily afford it and top up with current equity on our sale. Does that mean all checks/valuation etc have been completed?

Comments

  • KAP0365
    KAP0365 Posts: 178 Forumite
    Seventh Anniversary 100 Posts Name Dropper
    Usually if you’ve had a solid offer in writing then yes, these are only issues usually after all checks done unless it says subject to valuation
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