Here you'll be asked for the source of funds to be listed. This step is relevant to all buyer types (Mortgage/Help to Buy/Cash). This step can be sent to you to complete on your own platform once the reservation is complete, or the step can be skipped entirely for you to handle offline with your conveyancer. If you wish to complete the details at this time, or on your own platform, the funds that will need a value against them will be as follows:
- Mortgage (not shown or applicable to a cash buyer)
- Sale of properties
- Proceeds of sale of investments, securities, premium bonds including Help to Buy ISA etc
- Private loan
Your agreed price will be automatically listed and the funds above will need to add up to the agreed purchase price. We will also show the outstanding funds remaining to make it easier to tally up your total funds.