I wasn’t quite clear on the Authority to Commence Construction documentation request from Eden Brae and was under the impression we were going to receive a formal letter from our bank authorising the build to begin.
Our broker advised the loan approval letter from our bank should be sufficient. It was… and that was it. Nothing else other than the bank is ready to start funding our five-part construction loan at each stage of completion.
That said, depending on your bank, some banks may issue a formal letter. Our bank simply did not.1