If you get a Loan Offer, are the rates fixed for the duration of the offer or are they selected as the prevailing rate at drawdown?
Does the lender have any flexibility to change its mind?
I think the rate gets locked in when you sign the full mortgage loan pack with your solicitor.
If I'm remembering correctly, that is...
Yes rate at drawdown
It's usually written into the T&C's that the rate can be altered up the point of drawdown.
Yeah was looking through ours the other day. Rate is not guaranteed or words to that effect
Does the solicitor's pack usually get emailed or posted to the solicitor?
Nothing gets emailed in this game.
Do you need the life and home insurance sorted before you sign the contracts?
Yes, home insurance, life insurance, and the solicitor sends a Deed Of Assurance to the bank to assign the life insurance policy to them