The short answer
Confirm your remaining balance and handover date, then start financing early so valuation and approval are complete before the developer’s deadline. Keep your statement of account and payment receipts ready, and plan funds for the part not financed plus fees.
Confirm the numbers
- Ask the developer for an up-to-date statement of account.
- Note the expected handover date and any payment deadline.
Start financing early
- Lenders need to value the completed unit before they commit.
- Allow time for approval, and for any changes if handover moves.
Prepare your funds
- You may need to fund part of the balance yourself.
- Budget for registration, mortgage registration, lender and valuation fees.
Worked example
Checklist: statement of account, payment plan and receipts, handover notice, identity and income documents.