There was no time limit on the offer. They agreed all earlier this year and there has been no change in the couples circumstances. The bank explained they didnt have a problem with the amount they were originally lending on their incomes or on the property itself. They just explained they now dont have the funds to lend because of the current world financial markets.
We have been obtaining mortgages for years now from Cam, Inter, Banco De Valencia, Banco De Murcia and La Caixa and clients have never been asked for a credit check. Must be a sign of things to come.