What is the importance of finance pre-approval?

If you’re planning to buy a property, then securing finance pre-approval should be one of your first steps.

A finance pre-approval lets you know how much you can borrow and what criteria you need to satisfy to secure the finance. Not only does this gives you a better idea of the properties in your price range, but also the type of properties.

Finally, when it comes to making an offer, having finance pre-approval can give you an edge over other buyers who haven’t taken this step.

As always if you have any queries or if we can be of any assistance, please don’t hesitate to reach out to our friendly team at Bond Conveyancing.

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