The actual money released by the lender at completion, sent to the conveyancer to be used towards the purchase or refinance.
By Justin Whitelock
Founder of Mortgage London (a trading style of City Finance Brokers Limited, authorised and regulated by the Financial Conduct Authority, FCA No. 766295)
The actual money released by the lender at completion, sent to the conveyancer to be used towards the purchase or refinance.