Does anyone know the situation regarding mortgages being granted prior to the first occupation licence being issued. I have had conflicting reports on this. One lender said no, the banks will not and cannot grant a mortgage without that first licence, whilst the legal advice is yes they will??!!
Confused, I bloody well am!
Obviously this affects any decision to sign off with Aifos prior to completion of the licence.
Come on my armchair lawyers, lets have your thoughts please?