Sorry, we didn't find any relevant articles for you. Please fill out the contact form below and we will reply as soon as possible. Your email Your question Description (details)
Support Home Nested The Cash Advance The Cash Advance What happens after I take my advance? Once we pay out the advance, it is a condition of our contract, that you will be What does the due diligence process involve and how best can I prepare for the due diligence process? Our due diligence process involves our legal team reviewing title, property and m Can I stay in the property after I take my advance? Part of the terms of our advance is that you must vacate the property once you re Do you need to run a credit check on people in order to release the advance? We don't run credit checks on home sellers. The advance amount replaces your exis Do you have any price limitations on the properties you take on? We can only offer advances on homes valued between £300,000 and £1m. We may still What happens if my property sells for more than the advance? You will always receive the full sale price amount minus our fees. Can I use the advance if I purchased through the Help to Buy scheme? Given that Help to Buy schemes typically have certain restrictions on repayment a Are there any tax or stamp duty implications for me on my next home? If you take your advance to buy a new home before we sell your home, this means y What can I use my advance for? Do I have to buy another home with it? If you draw down the advance, you first have to pay off the outstanding balance o Who is the legal owner of the property after the advance is drawn? You remain the legal owner of the property until it is sold. The advance is secur Are there any conditions to the advance? Yes, the advance is a mortgage secured against the property and is subject to a f Can I use the advance with a shared ownership property? Unfortunately, we're unable to offer a advance on a shared ownership property. Th