Thanks all! Good news, the 40k was enough, and we have a 45 day settlement.
Hurrah!

Generally how open are vendors to a deposit of less the 10% if the settlement period is 45days? We have 8% of the purchase price. Thanks for the heads up

Hi all,
Just a quick question for you property moguls.
GF and I are buying/proposing to buy a property.
e.g. asking price is 500k
deposit is 10% therefore, 50k
we have 40k
if the loan has…