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Mortgage extension query
Raging_Bull
Posts: 38 Forumite
Hello knowledgeable people.
I locked in a mortgage offer (Platform) 6 months ago but the offer ends a week or so before my current deal ends next month. An extension has been on the cards with the broker to avoid any fees.
However, we weren’t paying any nursery fees then as family were helping. We do now 2.5 days. It is easily affordable, with a mortgage under 700 a month, when compared to my wage.
What is the likelihood of them withdrawing the offer?
I presume they’ll ask about change in circumstances and potentially bank statements. Mortgage rates have nearly doubled since so it is concerning.
I locked in a mortgage offer (Platform) 6 months ago but the offer ends a week or so before my current deal ends next month. An extension has been on the cards with the broker to avoid any fees.
However, we weren’t paying any nursery fees then as family were helping. We do now 2.5 days. It is easily affordable, with a mortgage under 700 a month, when compared to my wage.
What is the likelihood of them withdrawing the offer?
I presume they’ll ask about change in circumstances and potentially bank statements. Mortgage rates have nearly doubled since so it is concerning.
Any help appreciated.
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