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  • FIRST POST
    • AnddeiGuinea
    • By AnddeiGuinea 14th Sep 18, 5:46 PM
    • 3Posts
    • 1Thanks
    AnddeiGuinea
    Mortgage dead, what's next?
    • #1
    • 14th Sep 18, 5:46 PM
    Mortgage dead, what's next? 14th Sep 18 at 5:46 PM
    Hello people. We are getting ready to buy our 1st house with a mortgage and our solicitors sent us yesterday the mortgage deed to be signed. We sent that and I would like to know what's left now? Any idea how long for completion date and exchange contracts? Currently we are waiting for searches to be done. I understood that are 5 or 6 in total, we got just two at the moment.
    By the way...the completion date is actually the date when you got the keys and you can move in?

    Thank you for your time guys. Cheers.
Page 1
    • Thrugelmir
    • By Thrugelmir 14th Sep 18, 6:06 PM
    • 62,852 Posts
    • 55,830 Thanks
    Thrugelmir
    • #2
    • 14th Sep 18, 6:06 PM
    • #2
    • 14th Sep 18, 6:06 PM
    Speak to the EA and your solicitor. They are the only ones who know how matters are progressing and what's happening elsewhere in the chain.
    "The most dangerous thing is to buy something at the peak of its popularity. At that point, all favourable facts and opinions are already factored into its price and no new buyers are left to emerge." - Howard Marks
    • julicorn
    • By julicorn 14th Sep 18, 6:29 PM
    • 662 Posts
    • 2,861 Thanks
    julicorn
    • #3
    • 14th Sep 18, 6:29 PM
    • #3
    • 14th Sep 18, 6:29 PM
    The mortgage is dead, long live the mortgage.
    Original mortgage: December 2017, 203,495
    MFW start: April 2018, 201,800
    Current: 175,350
    • CarrieVS
    • By CarrieVS 14th Sep 18, 7:03 PM
    • 199 Posts
    • 307 Thanks
    CarrieVS
    • #4
    • 14th Sep 18, 7:03 PM
    • #4
    • 14th Sep 18, 7:03 PM
    Who else thought from the title that OP had had their mortgage declined and didn't know what to do next?
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