Finding The Best Mortgage Deal After Being Declined at Exchange of Contracts
Lenders sometimes carry out final checks after you have exchanged contracts and the purchase process is well underway. It can be incredibly frustrating if these checks result in the withdrawal of your mortgage offer, and you may be frightened that you will lose the property you have fallen in love with. Maybe your mortgage has already been declined, or maybe you're just worried that a change in your circumstances is going to ruin all your homeowning plans.
Don't worry; our mortgage experts are here to step in and help you find a solution. Whether you've had a pay cut, a change in your monthly outgoings, or have new bad credit on your file, we'll help you navigate the situation and achieve mortgage success. With us, you don't need to say goodbye to your future home and the better your chances of mortgage success will be.
Mortgage declined after exchange FAQs.
Mortgage declined after exchange? Our specialist advisors are here for you.
When the Bank Says No is a team of mortgage specialists, with years of experience helping those who have been declined get their mortgage application right the second time around. A refusal after exchange can be a real stumbling block, but we're here to show you it isn't the end of the road.
We'll work closely with you to understand the situation, identify your grounds for appeal, and act quickly to find more appropriate deals if things can't be resolved. Our mission is to keep things moving, and help you to reach completion date with a mortgage provider who fully accepts your financial situation.
Keeping you on track.
Having your mortgage offer withdrawn at a late stage in the process can be even more upsetting than a mortgage refusal early on. You will no doubt be getting excited for move in day, and making plans about your future. If you've been declined before completion, or are worried that an unforeseen change in your circumstances is going to create problems, we can help you determine the best next steps. Friendly, approachable, with an intricate understanding of the mortgage market and application process – we're here to guide mortgage applications and open the door to your new home.