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This rather unfortunate state of affairs occurs when another potential buyer puts in a higher offer for a property after your offer on the same property has been accepted.

This means that your offer is then rejected. This can happen because under English law, the seller is not legally committed to go ahead with the sale until the point at which contracts are exchanged.

If you need any more information, then simply speak to an expert today.

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Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on your mortgage.

If you ask us to arrange a mortgage for you we normally make no charge as we are paid a fee by the lender. However if you prefer us to provide our services on a fee basis we estimate our fee will be 0.5% of the mortgage amount being arranged.

The overall cost for comparison is 8.7% APR for customers who may have their access to credit restricted.

The figure quoted for the APR % is the average APR % charged across adverse mortgages we have arranged.

If your requirements for a mortgage are not influenced by an adverse credit history we would normally expect the APR % we quote you to be lower than the figure quoted above.

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