Hi
I am a FTB here.......had offer accepted and ball started rolling. Also have an AIP The problem is that the vendor is still looking and has not found anywhere.
I was wondering if I should start with the full application with my mortgage lender. There is a 999 fee (150 non refundable). So I pose a risk of stumping up £150 fee if the vendor cant find anywhere to move to - is this correct?
If it is then when do you think I should start talking to my bank about the mortgage?
I am a FTB here.......had offer accepted and ball started rolling. Also have an AIP The problem is that the vendor is still looking and has not found anywhere.
I was wondering if I should start with the full application with my mortgage lender. There is a 999 fee (150 non refundable). So I pose a risk of stumping up £150 fee if the vendor cant find anywhere to move to - is this correct?
If it is then when do you think I should start talking to my bank about the mortgage?