Mortgage Myth Busting‚Ķ..once your mortgage offer is issued the lender cannot withdraw it 
Did you know some lenders will run a final credit check before you complete on your mortgage? 
This is why you should not take out any new credit arrangements before you complete. 
Moving home is an exciting time, but popping into the sofa shop to take out some furniture on finance or adding purchases to your credit card will affect your affordability with the lender.  
If the lender does a new credit check on you before completion, they will revoke the mortgage offer and it could lead to you not being able to borrow enough money for the property. 
Our advice would be to wait until you have completed before taking out any further credit arrangements.  
As always, any credit taken should be within your affordability. 
Victoria Bennett 
Tagged as: Contracts, home, house, mortgage
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VH D Consultants. Contact details here Live Chat webpage here Broker Log In / BrokerCentre here 
Head Office address; 109 Maldon Road, Colchester, Essex CO3 3AX (Administration Centre only) 
Your home may be repossessed if you do not keep up repayments on your mortgage. 
We normally charge a Professional Client Fee for mortgage advice. The amount will depend on your circumstances. A typical fee would be ¬£500. The actual Professional Fee may be more or less than this, and is subject to a full Fact Find discussion and research process. H D Consultants is a trading name of Howard Reuben who are an Appointed Representative of PRIMIS Mortgage Network, a trading name of Personal Touch Financial Services Ltd. Personal Touch Financial Services Ltd is authorised and regulated by the Financial Conduct Authority.. Registered Office: Preston House, 163 High Street, Crowthorne, Berkshire, RG45 7AF. Registered in England & Wales. Company Registration Number 4952586. This site is for UK Consumers only. Website Terms and Conditions click here for our Privacy Policy. GDPR Privacy Policy - click here (PDF download / view) This site contains third party links. By clicking these links you will depart from the H D Consultants' regulated site. H D Consultants nor PRIMIS Mortgage Network is responsible for the accuracy of the information contained within the linked site. The Financial Conduct Authority does not regulate some of the services listed. H D Consultants, mortgage and life insurance advisers, is authorised by the FCA no 403701. Our in house Wills and Trusts Practice is a long standing Member of the Society of Will Writers and Estate Planning Practitioners.  
FP Ref: 1436009 / exp 25.08.2025 
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