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Made the bid- nerves are in!
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Another test will be the valuation survey (the lender will insist upon this).
This figure is what the lender will use when they work out the loan to value including whatever deposit you are putting down. It it comes back as worth £245k or more then all well and good, it it comes back as being valued less than this then you may have to rejuggle your figures as the amount you hope to get from the mortgage may be less.
Many people would use this opportunity to re-negotiate the purchase price and indeed this is something you should consider.0 -
Yay! :j Congratulations, you must be feeling elated. Obviously is a good house to be attracting interest from other potential buyers. I bet you won't sleep so good tonight due to excitement!The bigger the bargain, the better I feel.
I should mention that there's only one of me, don't confuse me with others of the same name.0
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