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How long is a mortgage offer valid?

3 replies

FluffyDucky · 21/07/2014 15:57

Hi all, we are currently on our 4th month after offer acceptance, everything is being chased constantly. I am staying to worry that our mortgage offer will bloody run out before competing and exchange (at this rate! )
Can anyone advise how long it would be valid for, I have a feeling it's 6 months but not sure. I think I mislaid the paperwork with that date on it

OP posts:
Lelivre · 21/07/2014 16:15

Your solicitor should be able to tell you if he has the offer doc

lessonsintightropes · 21/07/2014 16:19

Ours was six months and they agreed to a 2 month extension on the same deal (Accord).

starfish4 · 22/07/2014 10:27

It as stated on our mortgage offer. If you're still not sure, do check with your solicitor or mortgage company. If you've only got a month or so, tell the agents to inform others in chain your offer runs out soon. We had five months on ours, our buyer had a year and someone else in chain only had two months - so all mortgage companies are different. We had a delay in our chain and immediately everyone was ready we had to complete within 10 days before the two month offer ran out.

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