Leesider32
Registered User
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Hi all,
Just wondering what is required to be finished as part of a final valuation on a new build in a development?
As mentioned in another thread we are looking for an extension to our loan offer and may only get a month rather than 6 months. AFAIK the house is basically finished but there has been delays with the groundworks as a crew left and they are now trying to find a replacement so if we get a month's extension this might not be enough. However, do the groundworks have to be completed for the final valuation so that we can drawdown the mortgage?
Just wondering what is required to be finished as part of a final valuation on a new build in a development?
As mentioned in another thread we are looking for an extension to our loan offer and may only get a month rather than 6 months. AFAIK the house is basically finished but there has been delays with the groundworks as a crew left and they are now trying to find a replacement so if we get a month's extension this might not be enough. However, do the groundworks have to be completed for the final valuation so that we can drawdown the mortgage?