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My bet is if AtW needs a significant mortgage the bank's valuation will fall short of the amount to be borrowed, so they'll pull the deal unless the seller reduces their price accordingly.
It's no coincidence that most mortgages require 30% or more deposit. That's the likely fall in price they're expecting on the property in the near term and are only interested in covering their backs in case the mortgagee defaults.
It's no coincidence that most mortgages require 30% or more deposit.
I don't know where you got from - 15% already gets low rate in the building society that in principle approved mortgage amounts necessary to buy the place.
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