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Making an Offer on a house without deposit ready

Hi!

I'm due to inherit some money shortly (mid July) which will be used to buy a house.

I've just seen a house which is perfec' and want to make an offer - what's the likely hood (if accepted) the legal & application process would go along smoothly and be ok with a "getting money in the future" kind of deal?

Comments

  • flashg67
    flashg67 Posts: 4,166 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    I'm just purchasing a property, and along with wage slips, ID etc, also had to provide proof of deposit (copy of statement).
    Could someone lend you the money short term? A friend of mine did this - it complicated things slightly, but the mortgage has gone through.
  • stator
    stator Posts: 7,441 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    It could do, depending on your solicitor. They will ask for proof of funds at some point..
    Changing the world, one sarcastic comment at a time.
  • timmyh
    timmyh Posts: 2 Newbie
    I can get proof from the probate solicitor I guess, Statements and what not.

    It's just if the mortgage company flags it up as not in my account/ownership I guess?
  • Westminster
    Westminster Posts: 1,004 Forumite
    Part of the Furniture 500 Posts Savvy Shopper! Debt-free and Proud!
    Until probate is granted, it is anyones guess as to how long it will be before you get your money - see HERE for examples

    If it were my house you offered on, I would not withdraw it from market without proof of deposit.
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