Text for Report on Title
ROT: Warning of Withdrawal of Mortgage Offer
- Change date
- 09/04/2019
- Word count
- 240
- Deployment measure
- 7/10
Rationale
Not often seen when conducting file audits, this important advice sets out the circumstances in which a mortgage offer may be withdrawn
Should there prove to be a change in your financial circumstances, for example your income, your credit rating or anything else a lender may consider as affecting your ability to pay, then your lender may decide not to lend even if you have exchanged contracts and you are committed to the purchase. If you have
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