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Missives submitted - So confused?
ddow1985
Posts: 1 Newbie
Hello
First off it is worth mentioning we are currently going through the process of buying a house in Scotland as I understand it is very different that it is in other parts of the country. Our solicitor has submitted the missives which have now been concluded which is great and I understand we are now legally bound to buy the property.
What I am wondering does this mean they solicitor has confirmed / setup they transfer of the remaining mortgage money from the mortgage provider?
On the back of this is there any reason a mortgage provider would pull they offer of a mortgage after the missives have been submitted? bearing in mind no change to credit report which on a side not does the mortgage provider do another check on the credit file? and no other changes as well.
I know I am more than likely overthinking all of this which I do have a tendency to do but I find the more informed I am the better I can elevate any of my fears.
I haft to admit our solicitor has been excelle tand so has the mortgage provider so I have no complaints there I would rather not bother them with my irrational fears. This has certainly been a lesson in how to deal with stress.
Thanks for any help.
First off it is worth mentioning we are currently going through the process of buying a house in Scotland as I understand it is very different that it is in other parts of the country. Our solicitor has submitted the missives which have now been concluded which is great and I understand we are now legally bound to buy the property.
What I am wondering does this mean they solicitor has confirmed / setup they transfer of the remaining mortgage money from the mortgage provider?
On the back of this is there any reason a mortgage provider would pull they offer of a mortgage after the missives have been submitted? bearing in mind no change to credit report which on a side not does the mortgage provider do another check on the credit file? and no other changes as well.
I know I am more than likely overthinking all of this which I do have a tendency to do but I find the more informed I am the better I can elevate any of my fears.
I haft to admit our solicitor has been excelle tand so has the mortgage provider so I have no complaints there I would rather not bother them with my irrational fears. This has certainly been a lesson in how to deal with stress.
Thanks for any help.
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Comments
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What I am wondering does this mean they solicitor has confirmed / setup they transfer of the remaining mortgage money from the mortgage provider?
Not necessarily, that's normally done shortly before the date of entry (you haven't told us when that is). But I presume they have the mortgage offer?
In theory they can withdraw their offer at any time, in practice I haven't seen it happen.On the back of this is there any reason a mortgage provider would pull they offer of a mortgage after the missives have been submitted?I haft to admit our solicitor has been excelle tand so has the mortgage provider so I have no complaints there I would rather not bother them with my irrational fears.
It's what you're paying them for. Whereas you aren't paying us anything!
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