Welcome back to The Conveyance Desk.

In Episode 12, we covered seller-side mortgages and the process of releasing a bank charge. Today, we look at the buyer's side of the transaction—when the purchase is being financed by a mortgage.

While mortgage-backed purchases are common, they involve more documentation, coordination, and timing than cash transactions. Most delays occur because multiple parties must work together within strict deadlines.

Pre-Approval Comes First

Before searching for a property, buyers usually obtain mortgage pre-approval. The bank reviews income, liabilities, and affordability before confirming an indicative borrowing limit.

Pre-approvals are typically valid for 60–90 days. An expired pre-approval weakens a buyer's position and may require a fresh assessment.

Property Approval and Valuatio ...