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Mortgage credit check before completion
Amyrpb389
Posts: 1 Newbie
Hi
weve had our mortgage offer and are due to complete at the end of the month but I need to get a loan out to buy a new car, our mortgage is with nationwide, will they do a further credit check before completion?
many thanks
weve had our mortgage offer and are due to complete at the end of the month but I need to get a loan out to buy a new car, our mortgage is with nationwide, will they do a further credit check before completion?
many thanks
0
Comments
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They might do, they might not. A car loan is a significant expense though, its hardly a mobile phone contract, do you really want to risk it if it means you no longer fulfil their affordability criteria?0
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No applications for new credit until after completion.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.2
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Depends who your lender is. NatWest didn’t for me a couple of weeks ago.0
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Agreed - anything else is daftkingstreet said:No applications for new credit until after completion.I am a Mortgage Broker
You should note that this site doesn't check my status as a Mortgage Broker, 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.0
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