Mortgage funds request 16 January at 7:12PM in Mortgages & endowments 3 replies 163 views

Slou123

he hello!

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

thanks 

MorningcoffeeIV

Hopefully you'll complete and own a house or flat.

MikeJXE

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

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.