Mortgage offer signed and sent into to broker for bank (Haven) at 1.1 over ECB.
The bank has come back to the broker to raise the rate to 1.35.
If the mortgage offer is signed can the bank do this?
As this is an affordable house the lender cannot be changed so it's imperative to get it right at the start. Fixed rates have been offered but as the lender cannot be changed after the fixed term this is not a good option either.
The bank has come back to the broker to raise the rate to 1.35.
If the mortgage offer is signed can the bank do this?
As this is an affordable house the lender cannot be changed so it's imperative to get it right at the start. Fixed rates have been offered but as the lender cannot be changed after the fixed term this is not a good option either.