Mortgage Offer Extensions Affordability Problems Lender criteria changes
Channel: Niche
Date: 2022-05-31

It's been a generation since the combination of a buoyant mortgage market with rate rising have clashed together and the pressures on the legal side have led to Mortgage Offer extensions requests becoming common-place | Mortgage offer extensions sounds like a straight-forward activity but far from it and consequences of not meeting your original Mortgage Offer deadline can be far-reaching | In this video resident Mortgage Expert Mr Payam Azadi discusses the risks involved and how new affordability rules and Mortgage Lender criteria changes come into play which can result in disappointment.

To contract Payam for Mortgage Advice please click here https://www.nicheadvice.co.uk/contact-us/

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THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. AS A MORTGAGE IS SECURED AGAINST YOUR HOME OR PROPERTY, IT COULD BE REPOSSESSED IF YOU DO NOT KEEP UP THE MORTGAGE REPAYMENTS.

The content of this Video does NOT constitute giving advice it is purely designed for general information purposes only. The qualification for a mortgage will depend on your own individual circumstances, and your case should be fully discussed with a Professional Mortgage Broker before you apply. Niche Advice are Independent Whole of the Market Mortgage Broker dealing with different types of clients buying properties all across the UK.

Some Buy to let, and commercial mortgages are not regulated by the Financial Conduct Authority.  

Niche Advice Limited is a Credit Broker and does not lend money directly to clients. Niche Advice Limited is authorised and regulated by the Financial Conduct Authority. FCA No: 750263. The Financial Conduct Authority does not regulate Commercial Buy to Lets including some Bridging Loan products.

#MortgageOffer #MortgageExtension #Mortgageproblems