Hi! Finally, I'm on the my way to join the wagon of those building with Carlisle Homes. Contracts are with me to sign until my solicitor gave a me a frown. You see, included in the list of documents that I need to fill in is a Loan Confirmation Form. It was to be sent back to Carlisle by the lender themselves. In section 1, the form is asking the lender to confirm that they are in the position to release funds for the construction of the house. Its funny because the lender will only do such after the contract is signed. Section 2 is asking the amount of loan funds available for construction or that the lender is in position to pay the certain amount towards house construction, pending clients' contribution to the contract price. The lender HAS to sign and even seal it with their company stamp. My broker finds it off.
I want to ask those who had built or those building with them if they're also given this "Loan Confirmation Form" to be filled up by your lender? My solicitor finds it unusual and the lender normally won't sign anything like that, she mentioned further. This is my first time to build and I was taken really taken aback.
I'd like to know if this is the ongoing "Carlisle Procedure" or if this is just one of their recent procedures because if it is just a recent procedure, my solicitor is saying "THINK TWICE".....hmmmmm.....
I really want to hear from you, please...
Thanks so much in advance...
cheers,
Hannah