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Money boat

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Comments

  • Carl2510
    Carl2510 Posts: 548 Forumite
    Seventh Anniversary 100 Posts Name Dropper
    Why would you make this mistake such shame if you get the mortgage withdrawn!!
  • kris80
    kris80 Posts: 68 Forumite
    10 Posts Name Dropper
    How far away is your completion date?

    Have you been approved for the loan?
    Did you sign and send back the loan agreement?
    Yes I have signed and sent back the agreement. 
  • Anyone with even a sniff of a payday loan isn't getting a mortgage at the moment - with Covid, criteria is already tightening up. It's probably a blessing in disguise - if you need a 1000% APR loan while buying a property you can't afford it. End of.
  • DCFC79
    DCFC79 Posts: 40,644 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    It was for solicitor fees, is that right OP ?
    Why borrow for them, thats what your savings are for.
  • Grumpy_chap
    Grumpy_chap Posts: 19,440 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Anyone with even a sniff of a payday loan isn't getting a mortgage at the moment - with Covid, criteria is already tightening up. It's probably a blessing in disguise - if you need a 1000% APR loan while buying a property you can't afford it. End of.
    The OP references that they are
    kris80 said:
    I’m waiting to complete on my mortgage.
    If that means they have already exchanged, there is no way any of this can be a blessing in disguise.  If the mortgage is now withdrawn between exchange and completion, the impact is significant.
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