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Mortgage funds request

Slou123
Slou123 Posts: 77 Forumite
10 Posts Name Dropper
in Mortgages & endowments
he hello!

can someone tell
me once mortgage funds have been requested….what happens!?

thanks 

Comments

  • MorningcoffeeIV
    MorningcoffeeIV Posts: 1,945 Forumite
    1,000 Posts First Anniversary Name Dropper
    Hopefully you'll complete and own a house or flat.
  • MikeJXE
    MikeJXE Posts: 3,553 Forumite
    1,000 Posts Second Anniversary Name Dropper
    Your solicitor is sent the funds and gets them together with all the other funds if they haven't already got them to complete the sale 
  • Edi81
    Edi81 Posts: 1,467 Forumite
    Tenth Anniversary 1,000 Posts Name Dropper Combo Breaker
    You start paying interest from the day drawn down (usually the day before completion). 
    Solicitor sends the money to your sellers solicitor then you get the keys. 
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