• Allowances

    By Guest on 26th Feb 2015

    If my seller makes me an allowance of £300 in lieu of a retention for excess service charges do I have to notify the mortgage lender

  • 1 Answers

    By Guest on 27/02/2015

    Yes. The lender must be notified of any arrangement which leads to the full purchase price not being paid over on completion however it arises.

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