Question re mortgage surplus at drawdown stage

We have been approved for a mortgage of 145,000, based on some savings we have and a "for sale" value of 190,000

Looks like we are going to get the house for €180,000- can we keep the additional €10,000 for purchaes? The bank know exactly how much cash we have. If so, how would that work?

Thanks

If the L/O from the Bank is with your solicitor, you should get him to check this out. Loan conditions may require a reduction in facility if house is purchased for less than amount originally proposed.

OK, I'll check that- thanks Brendan