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Natwest funds failed to arrive day before completion
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Landofwood
Posts: 765 Forumite
Hi All,
I'm due to complete tomorrow and the funds from Natwest have not arrived today, despite them promising release of funds today.
Solicitor has been told to expect them tomorrow but no reason has been supplied.
Is this a common occurrence? Should I be worried?
I'm due to complete tomorrow and the funds from Natwest have not arrived today, despite them promising release of funds today.
Solicitor has been told to expect them tomorrow but no reason has been supplied.
Is this a common occurrence? Should I be worried?
0
Comments
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Landofwood wrote: »
Is this a common occurrence? Should I be worried?
What did your solicitor say?0 -
That's why funds are usually collected the day before - allows a day to recover !Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam0
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Landofwood wrote: »Is this a common occurrence?
YesShould I be worried?
No. If your solicitor had been told not to expect them tomorrow, then you should worry.0 -
A decent solicitor will request a day in advance as sometimes they can be behind. I wouldnt worry.I am a Mortgage AdviserYou should note that this site doesn't check my status as a mortgage adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.0
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Thanks all.
It is quite a large mortgage loan (>500k), so I wonder if additional checks need to be undertaken before it's released.
Strangely, after saying it won't be released until tomorrow, they ended up pressing the button at 16:30 today, so I was worrying for nothing.0
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