Text for Report on Title
ROT: Pre-Completion Credit Check
- Change date
- 06/06/2023
- Word count
- 196
- Deployment measure
- 7/10
Rationale
Firms are increasingly incorporating similar wording to the draft paragraph here when it comes to the mortgage section of the ROT. This wording focuses on lenders carrying out another credit check prior to completion and the potential implications.
Please bear in mind that your Lender will carry out another credit check prior to completion - it varies between lenders but the check can take place at any time;
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