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Help to buy equity loan Mortgage
Humphrey2012
Posts: 92 Forumite
Hi - we are hopefully buying a new build property and have a mortgage offer from Halifax and the help to buy part has been approved too.
Our solicitor has said "the equity loan can take some time to meet all requirements" but I don't really know what this means. Can anyone shed any light? Thanks.
Our solicitor has said "the equity loan can take some time to meet all requirements" but I don't really know what this means. Can anyone shed any light? Thanks.
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Comments
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I've heard that sometimes the funds aren't available at completion and it takes a few days for the builder to receive them? Only a problem with small builders who won't accept hand over until it's all done though, I think.
Complete guess though. Ask your solicitor.
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Thanks libf.
I'll ask her next time I speak with her. I was just curious as to what she meant in her e-mail.0
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