Hello
I paid a deposit for a house back in Sept 06 off plans. I have just heard that the house will not be completed until May 07.
I have mortgage approval in principle.
How soon can I actually get my mortgage approved & signed off?
Do I have to:
(1) wait until the house is actually completed before I get the mortgage & the interest rates as of that date?, or
(2) Can I agree the mortgage now & avail of potentially better int rates & first year deals as of today?
I paid a deposit for a house back in Sept 06 off plans. I have just heard that the house will not be completed until May 07.
I have mortgage approval in principle.
How soon can I actually get my mortgage approved & signed off?
Do I have to:
(1) wait until the house is actually completed before I get the mortgage & the interest rates as of that date?, or
(2) Can I agree the mortgage now & avail of potentially better int rates & first year deals as of today?