In my mortgage offer document, one of the conditions is for a ``valuation, including a photograph, of the property... showing the valuation. A final inspection may be required for properties under construction/undergoing significant repair.’’
1. Does my deposit receipt from estate agent suffice for valuation (states value?
2. If the apartment is being built, would the ``final inspection’’ be getting engineer/other out to look at place, knock on walls, check pipes etc?
Have hired a solicitor for legal documentation etc. The offer document from bank says we should get legal advice before signing document. I haven’t finished reading through it all, but wanted to get an idea if solicitor should look over document as well. (I’m guessing it’s a standard doc. and they haven’t put in a clause that bank manager can live there rent free)
1. Does my deposit receipt from estate agent suffice for valuation (states value?
2. If the apartment is being built, would the ``final inspection’’ be getting engineer/other out to look at place, knock on walls, check pipes etc?
Have hired a solicitor for legal documentation etc. The offer document from bank says we should get legal advice before signing document. I haven’t finished reading through it all, but wanted to get an idea if solicitor should look over document as well. (I’m guessing it’s a standard doc. and they haven’t put in a clause that bank manager can live there rent free)