Mortgage has been offered

I have finally been offered the mortgage for my property by the lender but I’ve read and heard that the lender can still give back word on the offer, this worries because I am in a dispute with my employer and we are striking over 2 days in the coming days. It is public knowledge so I am panicking now that they will become aware and give back word on the offer. I know it probably takes something drastic to give back word at this stage but would this be a reason to?

Comments

  • You are worrying for no reason, everyone will be fine unless your employer terminates your contracts, but unlikely 
  • london21
    london21 Posts: 2,128 Forumite
    1,000 Posts Third Anniversary Name Dropper
    I would not worry about this.

    You will likely still have your role and nothing will have changed.
  • K_S
    K_S Posts: 6,869 Forumite
    1,000 Posts Fourth Anniversary Photogenic Name Dropper
    cmbrookes said:
    I have finally been offered the mortgage for my property by the lender but I’ve read and heard that the lender can still give back word on the offer, this worries because I am in a dispute with my employer and we are striking over 2 days in the coming days. It is public knowledge so I am panicking now that they will become aware and give back word on the offer. I know it probably takes something drastic to give back word at this stage but would this be a reason to?
    @cmbrookes I wouldn't think so and I've never seen or heard of this happening myself for clients employed in organisations like rail companies, TFL, Royal Mail, BA, etc. If lenders started doing that, there's a whole swathe of industries and employers that they'd need to worry about :)

    I am a Mortgage Adviser - 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.

  • cmbrookes
    cmbrookes Posts: 180 Forumite
    Sixth Anniversary 100 Posts Name Dropper
    Thanks for the confidence boost people. Just sorting mortgage protection and then hopefully the solicitors will get a shift on with the contracts.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 349.7K Banking & Borrowing
  • 252.6K Reduce Debt & Boost Income
  • 452.9K Spending & Discounts
  • 242.7K Work, Benefits & Business
  • 619.4K Mortgages, Homes & Bills
  • 176.3K Life & Family
  • 255.6K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 15.1K Coronavirus Support Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.