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Halifax Mortgage Offer


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Hi,

 

sorry if i havent posted in the correct place.

 

i have applied for a mortgage everything has been accepted subject to a valuation.

we are buying a house of my inlaws for about £35000 less than its worth.

 

valuation was done this morning, my mortgage adviser said he will chase them tomorrow and then wait and see what they offer.

 

what i want to know is...what does he mean by offer? i have been told that i have been accepted subject to valuation and have even received paperwork advising me of costs and monthly payments direct from the Halifax.

 

never bought a house before so just worried, can it go wrong now?

 

thanks

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I will try and find someone who will know the answer :)

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Hes wanting to see that the Valuer has confirmed your valuation of the property you are puchasing

 

banks are more cautious of sales between family members

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