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when is the best time to apply for a loan before completion

Exhanged on Fri, completing this Fri, is now a good time to apply for a personal loan to cover the works needed on the house 0 which i will get back via the retention! or should i wait until the lender releases the funds in case they do a quick check?!

Comments

  • TBeckett100
    TBeckett100 Posts: 4,732 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker Cashback Cashier
    bumping this thread
  • RubyShoes
    RubyShoes Posts: 240 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    Hiya,

    I have just completed, on friday. On Wednesday, I went to my bank, and took out a £4000 loan. No problems whatsoever. Everything went through without a hitch.

    Has your solicitor requested funds yet? I waited until mine had done so.

    Id say wait til the end of the week.

    I wanted to get mine done before I move, because otherwise I would have all the hassle of not being on the electoral role etc. Its a bit of a minefield wondering when the best time to do things are!

    Good luck with the move. I am in happy caos with mine still! :rolleyes: :D
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