Hi All,
I am a first time buyer. I have a quick question regarding my purchase. I recently made an offer on one property which is worth £277,000. I have my mortgage approved by Halifax. I am putting 10% deposit.
Now I have found another property around £250,000 and really liked it and considering putting offer on it. Can I transfer my approved mortgage on this property. I can put 15% deposit on this property.
Is the process is complicated, i mean does bank will do my credit search again? Or the process is simple.
I am a first time buyer. I have a quick question regarding my purchase. I recently made an offer on one property which is worth £277,000. I have my mortgage approved by Halifax. I am putting 10% deposit.
Now I have found another property around £250,000 and really liked it and considering putting offer on it. Can I transfer my approved mortgage on this property. I can put 15% deposit on this property.
Is the process is complicated, i mean does bank will do my credit search again? Or the process is simple.