Following recent communications from UK Finance, we’re making the following temporary changes to support you and your clients.
Pre-exchange of contracts
- All new business mortgage applications submitted prior to 9pm on Tuesday 31 March will automatically be granted a two month mortgage offer extension to enable them to complete.
- Any cases submitted from 6am on Wednesday 1 April will not be eligible for the two month mortgage offer extension and these cases will be processed in line with our existing offer validity.
Post-exchange of contracts
- All mortgage offers will be granted a three month extension to enable them to complete.
Further information
- If your case has already been submitted and/or offered, there is no need for you to do anything.
- If you become aware of any material changes then we should be notified so we can ensure the application remains acceptable to us.
