mortgage offer

[jmck66]

My brother is trying to remortgage,he signed up for one offer on thursday in his own home,he then received a much better deal from another lender by post this morning.Does he have any cooling off period from the offer he has singed up to in order to take up the second and better offer?

[Ethel]

Your brother needs to read the small print of the copy of his contract and also contact the company for advice.

[chitchat]

Usually your are not tied into the mortgage until it has completed. Even if he has signed his offer of mortgage he can still change his mind right up till completion.