Your Generation Home mortgage offer is valid for 90 days.
If you are unable to complete within the 90-day time frame, your solicitor may recommend that you renew your mortgage offer.
First off, don't panic.
That being said, you absolutely don't want to risk your offer expiring before you complete the purchase.
How can I extend my mortgage offer?
At Generation Home, we always aim to extend your mortgage offer rather than sending you back through the application process to select a new mortgage product.
Reach out to your Customer Champion if you have any questions or concerns.
The re-offer or offer extension process is straightforward and can be done swiftly. We need to confirm that your financial situation hasn't changed over the past couple months.
Generation Home does this by checking the following:
Your latest bank statement or access to Open Banking (showing that your income & expenditures have remained steady)
Your latest payslip
Your credit file (we do this via a soft credit check)
We will always aim for you to complete before your original offer expires, but you are welcome to provide your bank statement and payslip ahead of time so that they're ready to go should an offer extension be required.