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Buying And Selling Residential PropertyYour MortgageIf you are having a mortgage to finance the purchase of your new property, the bank or building society will forward a copy of the offer to us at the same time it is sent to you. We will advise you when the offer is received and upon the main terms. We are not financial advisors and are not qualified to advise as to whether the terms or package you have taken are suitable to your requirements. We will however bring to your attention any onerous conditions or matters that must be complied with before we can proceed to an exchange of contracts. Only when we have received satisfactory replies to enquiries, search results and mortgage offer will we be able to report to you with a copy of any relevant documents and the contract for you to sign in readiness for exchange of contracts.
The articles on legal topics published in these pages are for interest only and are necessarily general in their terms. You should not act (or refrain from acting) on the basis of the information given without specific advice, as the principles and laws concerned may change, and their application will vary according to the particular circumstances. |
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