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How soon can you draw down funds?
![[Deleted User]](https://us-noi.v-cdn.net/6031891/uploads/defaultavatar/nFA7H6UNOO0N5.jpg)
[Deleted User]
Posts: 0 Newbie
Hi all, does anyone know how far in advance you can draw down funds? I have five weeks till completion and have already exchanged. If my solicitor wanted to could they request funds in the next week or two. I am aware there is interest to pay but I am just curious
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Comments
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Depends on the lender, some want 5 days notice, others 2. You can't draw down the funds weeks in advance as solicitors can only keep them for a day or two before returning them, waiting for them to be credited back and then asking again for them.Mortgage started 2020, aiming to clear 31/12/2029.2
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cant draw the funds until there is a property ready to be secured against. Solicitors usually request funds the day before completion to avoid any delays on the day0
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