Text for Report on Title
ROT: Changes in Financial Circumstances
- Change date
- 14/05/2024
- Word count
- 112
- Deployment measure
- 7/10
Rationale
The potential impact of change in your clients financial circumstances can be significant when it comes to a mortgage. The wording here sets out important warnings and advice to a borrower including the steps to take where there are changes in circumstances.
If you have accepted a mortgage offer and there’s an unexpected change in your financial circumstances, you may be wondering what your next steps should be. Although you might be
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