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Should I be concerned about my buyers?
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Yes I have been told that their mortgage lender need to approve the mortgage first and do the survey/valuation after approval.
I guess we can only sit and wait and if the vendor of the house we wish to buy gets another buyer, we will just have to find another property.
I am trying to limit the financial damage in that case though, we have a survey booked on the house we are purchasing as our mortgage was approved last month subject to valuation/survey, but due to the Christmas period, this is only happening this month. I just hope if things go pear shaped, we will know before our survey goes ahead but I think this is just part of the financial risk with house buying.0
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