Mortgage Offer
One your offer has been accepted, both you and your conveyancer will receive a copy of a Mortgage Offer. This section explains what this is, and what you have to do regarding it.

What happens
Once you're offer has been accepted for the property, and the valuation completed, and the mortgage application done, your lender will produce to you a mortgage offer.

This is a formal document detailing the mortgage, the repayment rate and the amount of the payments, and any conditions that must be met before the mortgage monies are released.

The mortgage offer is usually nothing to worry about, and generally you will receive many mortgage offers as negotiations proceed with the purchase price etc.

Main | Found A Property | Back To Top