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New Build Home and Mortgage

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Comments

  • Ask your solicitor to put a long stop completion date in your contract. It means that if the property is not ready by a set date (often the date the mortgage offer expires) you can pull out without any financial loss. If the property is not ready you get back the reservation fee and the deposit.

    I have one and would not have exchanged without it. The developer tried their hardest to make me not get one as they claimed that it would not be needed however I tend to not trust a word that they say.

    Good luck
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