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Mortgage offer
hi , I’ve had a mortgage offer approved 4 days ago but now the seller of the property I was buying have pulled out.
I have now found a new place today would Halifax be able to just transfer over the offer to the new property or would I have to re apply for a new one from scratch?
Comments
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HSBC asked for a new application and their justification was that a new property warrants new checks. Also if the cost is significantly higher they could ask as well. However, I've read around that some banks are easier in that regard, so take it up with halifax, a quick call would resolve this.
I'm FTB, not an expert, all my comments are from personal experience and not a professional advice.Mortgage debt start date 11/2024 = 175k (5.19%)... Q1/2026 = PAID (3.94%)0 -
Halifax need you to reapply and the rate will be the current rate.
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Brokers can do a change of property but the rate has to be updated to the current version.
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.0
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