My tenant would like to purchase my unit.
I would like a contract now which I can present to the back to enable me to get finance for another project. The tenant says they are able to put a deposit on the unit but couldn't settle until late in the year or even early next year.
Is this a fairly straightforward procedure with the contrat just specifying a long settlement date and am I correct in thinking that the bank will lend on the basis of such a contract?
I would like a contract now which I can present to the back to enable me to get finance for another project. The tenant says they are able to put a deposit on the unit but couldn't settle until late in the year or even early next year.
Is this a fairly straightforward procedure with the contrat just specifying a long settlement date and am I correct in thinking that the bank will lend on the basis of such a contract?