Hi, just a quick question.
I am in the final stages of buying a house. When I bought the house there were PC SUM allowances for wardrobes, kitchen and fireplace.
The house I picked already had the wardrobe and kitchen fitted so only really had the allowance for the fireplace. The PC SUM for the fireplace is €700.
I checked with the supplier but there weren't any fireplaces I liked so decided to go with a different supplier. What happens to the €700?. Does this come off the overall purchase price of the house or do you still draw down full amount but get refund of the €700?
Basically I'm just wondering will I have an extra €700 cash to buy the fireplace or will it be that the over all cost of mortgage is reduced??
Thanks for any advice!
I am in the final stages of buying a house. When I bought the house there were PC SUM allowances for wardrobes, kitchen and fireplace.
The house I picked already had the wardrobe and kitchen fitted so only really had the allowance for the fireplace. The PC SUM for the fireplace is €700.
I checked with the supplier but there weren't any fireplaces I liked so decided to go with a different supplier. What happens to the €700?. Does this come off the overall purchase price of the house or do you still draw down full amount but get refund of the €700?
Basically I'm just wondering will I have an extra €700 cash to buy the fireplace or will it be that the over all cost of mortgage is reduced??
Thanks for any advice!