April 21, 2005

Mortgage Process - Part 2

We got a call at the end of February to say that the bank had an issue with our engineer, no one including our solicitor, engineer or broker had ever heard of this issue before but to cut a long story short, with the site cheque in our position, the land owner due to pick it up and everyone ready to rock and roll we had to pull the plug on the bank!
To say we were frustrated would greatly under estimate it, I was ready to be tied.
Luckily for us we were dealing with a very sound land owner who understood our situation and had no issue with us about it.
So off we plodded again, this time to the NIB who had been bought by Danska Bank and were now offering a new product, the Offset mortgage. It was identical to the First Active Current Account but the NIB manager was excellent to deal with . We got all our papers together again and within 4 weeks we had our offer and the site cheque passed over.
I contacted our plant hire man & neighbour to see when he could get started. He said it would be the end of April so sure enough he rolled in the 20th April 2005. Pictures are below are soon to be attached.

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