Receiving your mortgage funds from the mortgage provider is known as 'drawing down' the loan.
The date for drawing down or receiving your mortgage will be agreed between you and the vendor. We will liaise with you throughout the process and will keep your mortgage provider informed regarding the drawdown date, ensuring the funds are available when you require them.
Your mortgage provider will draw down the loan funds and forward them to your solicitor, who manages the payment to the vendor on your behalf.