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When do I need to give the solicitor my funds?

Your solicitor will need access to funds at the signing of the contract of sale. Or, more preferably, a few days before the settlement. This will give the funds time to clear and allow your solicitor time to ensure there are no errors, which could delay the settlement before they begin making out cheques to the seller. The amount you give the solicitor may need to include the stamp duty on your new purchase.

For more information feel free to contact one of our Home Loan Specialists.

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