Auctioneer not guaranteeing access to Surveyor

[midlandslandlord]

If you are getting a mortgage, then I guess the Valuer will need access. How would the auctioneer handle that - commercial mortgage based on the rent, indicated?

If you call the ArtfulBodger an ArtfulCodger he doesn't like it. Fun to be had here, methinks :-).

ML

[Claymore]

We do have emergency funds to purchase but am told by the mortgage broker that once bought with cash its not possible to mortgage for 6 months? So would prefer to avoid that route assuming the 6 month rule is true.

Thanks so much for the advice/responses.

Newbee

If you have to complete using cash, you will be able to get a mortgage straight after, but only up to the value you originally purchased. I think Nothern Rock do this type of mortgage and possibly TMW. A broker will know of all the right companies.

Brave you for buying blind. I wouldn't be able to sleep from the drop of the hammer until I got inside the property.

BTW, strictly speaking, you are not allowed into the property before completion. I've bought at auction before and I got the estate agents to let my surveyor in (who also took me along with him!).