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Full balance prior to exchange?
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She's going to speak with them tomorrow.diystarter7 said:Last attempt, call them to clear up.0 -
My guess is neither solicitor wants exchange to take place without certainty around proof/availability of funds. It may even be more to do with your daughter's solicitor acting in her best interest and making sure they don't allow her to commit without checking everything is in order and funds are available for completion.
With a mortgage they would always ask for the deposit prior to exchange and then draw down the mortgage after; but they would know the mortgage funds are there because of the bank confirming their offer.
Anyway, will be interesting to hear the answer tomorrow.0
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