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The original was posted on /r/ukpersonalfinance by /u/sritanona on 2023-08-11 21:28:49.

Just wanted to share the updates on my post two months ago.

The overwhelming advice (I hadn’t exchanged yet) was to let the lender know which would have resulted in no mortgage + having to drop out of the sale. Which basically would’ve had the worst possible outcome.

I talked it over with my previous company and decided to take garden leave instead of getting outright redundant with my notice period salary (2 months). I immediately looked for a job and secured one for the same pay to start when I finish working for my original employer, it took me around a week and a half of frantically interviewing. So my circumstances in the end did not change at all.

So everything just took its course! We’ve completed this week and kept our mortgage offer which was under the base rate and the house which we found at a very good price. My garden leave has not even finished yet. So I have a few extra days there to rest up and decorate the house.

I had a few people mention in the post they had done this and I think it was the best advice. Otherwise I would’ve been set back years and lost thousands of pounds over the years while renting and then paying a much higher interest on the mortgage. So I just wanted to share. In the end getting two weeks to think about it and managing to secure another job saved everything for me instead of rushing off and shooting myself in the foot.