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NatWest Mortgage Offer Extensions

c_ellis92
c_ellis92 Posts: 13 Forumite
First Anniversary First Post
edited 5 October 2022 at 9:57PM in Mortgages & endowments
I’m freaking out a little with the recent mortgage updates, so hoping someone might be able to offer some reassurances.

Our mortgage offer with Natwest runs out on 3rd November. We’re in for a new build and been told that the completion date could be October, but I have a feeling it’ll more likely be November. We’re still no clearer. NatWest at the moment are still advertising on their site that they offer 2x 3-month extensions.

We’ve just submitted for an extension but wondered if anyone else is in a similar position and has been successful or not? We’re hearing some lenders are pulling extensions and if they are honouring them they’re changing the rate.

It’s extremely worrying.

Comments

  • kingstreet
    kingstreet Posts: 39,315 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    If this was happening, as newbuild specialists we would have heard about it.
    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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