Is it possible to encounter issues after exchange and prior to settlement with unconditional finance in place?
I am considering a deal with a longish settlement period (3 months). After unconditional approval has been issued can the finance provider ask for further documentation, more credit checks, revaluation, refuse the loan for any other reason before settlement?
When do you consider you are 'safe'- unconditional approval, after loan documents are issued or anything can change until settlement?
I am considering a deal with a longish settlement period (3 months). After unconditional approval has been issued can the finance provider ask for further documentation, more credit checks, revaluation, refuse the loan for any other reason before settlement?
When do you consider you are 'safe'- unconditional approval, after loan documents are issued or anything can change until settlement?