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Changing mortgage deal from 15% to 10% just before exchange of contract?
okhajut
Posts: 52 Forumite
I am approaching the exchange of contract. The issue is that the surveyors (drain specialist, roof specialist, structural engineer and especially the damp specialist) highlighted a few different items that will need to be fixed. I have reached the stage of exchange of contract now and have realised that I could have more money if I go with 10% deposit deal rather than 15% deposit deal (£12,000 will be saved).
Is it wise to change at this stage? My solicitor said I just need to contact the lender and speak directly. What should I do?
Is it wise to change at this stage? My solicitor said I just need to contact the lender and speak directly. What should I do?
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