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Nationwide mortgage offer - likelihood of extension?

Hi, wondering if someone could give me an idea of how likely it is that a Nationwide mortgage offer might be extended please?  For context, this is our buyers' mortgage which currently has an expiry date of mid Dec, and it would have been approved in June.  Thank you

Comments

  • K_S
    K_S Posts: 6,874 Forumite
    1,000 Posts Fourth Anniversary Photogenic Name Dropper
    @kittenchops They might consider allowing an extension for a very short period to enable imminent completion but normally with Nationwide it expires at the end of 6 months (180 days to be precise) from the date that the offer was issued.
    Hi, wondering if someone could give me an idea of how likely it is that a Nationwide mortgage offer might be extended please?  For context, this is our buyers' mortgage which currently has an expiry date of mid Dec, and it would have been approved in June.  Thank you

    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.

  • Thank you @K_S, I had a feeling that would be the case.  Fingers crossed we get there before that date...
  • kingstreet
    kingstreet Posts: 39,237 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Forty-five day extension on a newbuild purchase offer.

    Only fifteen day grace period on a non-newbuild.
    I am a mortgage broker. 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.
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