What is the minimum percentage lenders will fund final advance on?

Lenders will only fund if the house is 100% complete (less 3% allowance for seasonal holdbacks.) This means that the house can be completed to 97% and the only thing that is not complete is siding, landscaping, or pouring the driveway. If this is the case, the lender will only fund 97% to the solicitor, holding back the 3% until a final inspection advises the house is 100% complete.

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