Archived Discussion Topic

Best mortgage deals       started by darcy on 02 Apr 2010   (22697)
Message InfoMessage
From darcy

02 Apr 2010 2:56 PM
Hi to all, Can anyone in the know please advise me as to what are the best mortgage deals available at the moment, and also , what is a realistic time frame from having an offer accepted on a property to moving in. Austin
From meandbee

To darcy

02 Apr 2010 3:39 PM
Austin, We used Mortgage Gallery as they are a broker and found the best fit for our budget and needs. Make sure you don't pay for too many features if you are not going to use them. Also when you place an offer on a property insist on having a clause written giving you three weeks for finance approval through the finance broker of your choice. Some real estate agents will give you a 3 week finance approval period but they will not let you 'get out' of the deal if they can find you finance with anyone on the market. Also when you make the offer you agree to a 3-6 week settlement period after finance subject to satisfactoy inspection. i.e that the place is sound and not full of white ants (termites) etc. So in essence you can be in a house within 6-9 weeks of having your offer accepted. It does feel a lot quicker and easier than UK (england) property sales. Tony