Hey guys need some help here.
I went to bank and have been pre approved for 320k. Based on a 17,500k deposit.
Most would know that I won’t get full approval until I get the build pack which contains full costs. I don’t get that till the builders done a site survey.
Today I paid 1k deposit on the build for the site survey and master plans to be drawn up.. and 1k Deposit on the land.
Is this deductible from my 17.5k or is that as well as my17.5 making 19.5k?