We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Exchange to completion - question.
matthewmaudsley
Posts: 7 Forumite
Hello everyone, I have (probably dumb question) question about my mortgage application. I have spoken to my broker who said “should be fine”. I don’t like the word “should be”!
I have exchanged on a new build property, my mortgage is all in place. But I am about to pay off a vehicle I have on PCP and use the equity I have to purchase a car outright, with no credit involved whatsoever.
In theory this should be a good thing? But I am just worried that the mortgage company would see it as a change of circumstances. Am I being paranoid?
0
Comments
-
YesAs long as your not taking out new finance till you have the keys to the property0
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.4K Banking & Borrowing
- 253.7K Reduce Debt & Boost Income
- 454.4K Spending & Discounts
- 245.4K Work, Benefits & Business
- 601.3K Mortgages, Homes & Bills
- 177.6K Life & Family
- 259.3K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards
