Your first step is to send us a copy of the approval. We pass it to the other parties and start dealing with your bank.

If you are the buyer, get any timber pest or building inspection reports done now, because those conditions have their own dates. We’ll be in touch to arrange any remaining documentation and we’ll start preparing for settlement.

If you are the seller, contact your bank and arrange to discharge your mortgage. Your bank needs you to sign its discharge authority form. Do it promptly, because a bank can take one to two weeks to process the paperwork and a late discharge is the most common reason a seller delays settlement.

See Buying or selling subject to finance in WA and Bank authority, an important first step for sellers.