My Lord the er case moves on there over the page now to the twenty fourth of September and on that day Mr  was notified erm by his bank  on the telephone that head office had approved the finance proposal in principal and as a result of that Mr  then telephone Peter , the defendant, told him that the financing for this deal had been approved in principal and Mr  asked Mr  to provide a bankers draft of some seven and a half thousand pounds in order to enable exchange to take place as a matter of urgency.