I I have agreed price for a house of 185k, all morgage approved and everything in order, I have given a holding deposit of 5k, today i received a letter from my solicitor asking to discharge 10% deposit less any booking fee, so this would mean I would have to come up with a further 13.5k. What I want to know is do I need to provide this money or should it be the bank, as I have been approved for 92% loan, I should be coming with 8% which is 14,800k, but the letter from my solicitor is stating I should be coming up with 10% which amounts to 18.5k, and the letter from the bank states that my loan approval is 170,200. Thanks.
Finance question about buying a house
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Brendan Burgess
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Brendan
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Please read the before posting again on Askaboutmoney.
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Brendan
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I have instructed my solicitor to go back and negotiate to 8% deposit with vendors solicitor and he dosent think it will be a probleam.