The bank issues a manager’s cheque in the seller’s name for the approved loan amount. This cheque is handed over at the DLD Trustee Office during the transfer appointment, after all documents are signed and the mortgage is officially registered.
The bank issues a manager’s cheque in the seller’s name for the approved loan amount. This cheque is handed over at the DLD Trustee Office during the transfer appointment, after all documents are signed and the mortgage is officially registered.
