We're hoping to buy a Shared Ownership property, but when we saw the IFA they seemed to say they could only find one lender who was willing to offer us the mortgage necessary. I'm now quite worried that if they decline our mortgage we won't be able to get anything else. Has this happened to any of you?
We've paid the reservation fee but it's apparently refundable if the first checks are declined. But I've read that some mortgages get declined at the last minute!