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jellybaby
Thank you!
So in terms of the new property being purchased - how does the deposit transaction work?
So if we say that Property B (£460K) is acquired at 90% LTV and a £46K deposit is therefore required, do I actually need to find those funds in advance of exchange/completion? Or does a share of the £110K equity that will be realised when completing the sale of Property A instead act as a deposit in effect?