booking settlement date

[THEGREAT888]

Hi Members

Could you share your experience please.

I just need to know as a property purchaser, how many days does the bank will need to be notified of a settlement date? days or weeks?

Your assistance is appreciated

T

 

[Rolf Latham]

Hi Members

Could you share your experience please.

I just need to know as a property purchaser, how many days does the bank will need to be notified of a settlement date? days or weeks?

Your assistance is appreciated

T

varies

your lender would usually knowwhen settlement is because they have issued an approval based on the purchase contract

Most of them like 5 clear business days from when the docs are certified

t
arolf

 

[THEGREAT888]

Thanks Rolf