Hi I am a second time buyer and have a question about the booking deposit. Basically, I paid a booking deposit of 10K for my new home. However, the remainder of my deposit is coming from the sale of my existing property which will then be offset against the new house. Can I get the 10K back (i.e. if the house is 490K can I draw down the full 80% from the bank i.e. releasing some extra funds ) i.e. releasing my deposit or do i have to drawdown (480K). So is it A: House Price 490,000 Deposit: -10,000 Equity: -96000 (i.e. 20% *480,000) Mortgage drawdown: 384,000 or B: House Price 490,000 Equity: -98000 (i.e. 20% * 490,000) Mortgage drawdown: 392,000 Difference on mortgage balance: 8,000 (i.e. 10000*0.20). Deposit refunded 2,000 Our full equity is being offset against the new mortgage, so I would like to be in a position where we could draw down the max amount possible as those funds are needed for basic items (blinds, appliances, moving costs etc.,) Any advice would be greatly appreciated.