Statement of Account

Once we are in a position to proceed to completion of your property transaction, we will endeavour to provide you with a Statement of Account which details the income and expenditure in respect of your property transaction. Please note that the Statement of Account will be prepared with the information that is to hand at the time the document is prepared. We reserve the right to rectify or amend the information contained in the Statement of Account at any time up to or following completion of the property transaction. We reserve the right to amend any errors or omissions and requisition funds from yourself in order to rectify any deficiencies in this respect. All such rectifications will be justified by us and thereafter payment will immediately become payable by you, the client.

The Statement of Account will specify the net mortgage advance, less any additional fees, as set out in this guide. The redemption figure for your existing mortgage will include a telegraphic transfer fee, at the rate set out in this guide. Payment by Telegraphic Transfer will enable us to redeem your mortgage, and avoid any claims against you for further interest payments.

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