Bridging Finance issue

brack

Registered User
Messages
17
Hi there,

Strange thing happenened today with my bank, we applied for a top-up on our mortgage last year, signed the appropriate documentation and drew the money for our build over the last 6 months. We have now finished the build and want to close off the bridging finance and resume our regular monthly repayments.

My bank today said the original re-mortgage offer letter has now expired and want us to sign another one.......something isn't right here, why would they want to do this after the event, I don't trust them?
 
Sorry - I'm finding it hard to understand your question as you've mentioned in the post that you've got a top-up, bridging finance and a re-mortgage which are three separate transactions.

Can you clarify please?
 
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