Your Gen H mortgage offer is valid for 180 days. Please check the expiry date on your offer, which can be found on page 3, under ‘offer expiry’.
If you are unable to complete it within this time, your solicitor may recommend that you will need a new mortgage offer.
That being said, you may not want to risk your offer expiring before you complete the purchase.
How can I get a new mortgage offer?
If your mortgage offer expires we will need to start a brand new application. We will need new verification documents, and a new valuation. Please note, a new offer will be subject to products available and criteria applicable at the time of the new application.
If your offer expires and you selected an initial interest rate with a product fee attached to it, this is refundable.
ILA costs will be payable again in full as this will be a new application.
A new valuation will also need to be carried out and you must pay the fee for this to be completed.
If we are satisfied with all documents and a new valuation, we will issue a new offer that will be valid for another 180 days.
We will always aim for you to complete before your original offer expires, but if you don’t think this is going to be possible reach out to your mortgage advisor.