NEWGATE
Edith Street, Tarniet

Settlement Anticipated for September 2021

SETTLEMENT SNAPSHOT

Valuation

Available Now

Purchaser Inspections

Available from 16th September

Statement of Compliance

Issued

Titles

Titles Issued

Occupancy Certificate

Issued

Settlement Called

Settlement is Due 22nd October

LATEST SETTLEMENT UPDATES

SETTLEMENT UPDATE  AUGUST

You should be speaking with your lender and should be at the pre approval stage in regards to your finance.   
We will let you know once  your townhome is ready for bank valuation. 
At this point we would anticipate bank valuations to commence Late August.

Please feel free to contact Katrina if you at all concerned about your settlement position.

CONSTRUCTION  UPDATE  JULY

Extensive internal works were completed on your homes this month, with all plaster work now complete, staircases and cabinetry installed to all units, and internal waterproofing finished in June.

External works included upper floor cladding, paint work and garage door installation.

Hi there , we’re Property Settlement Solutions, welcome to the settlement updates page for Newgate! 

We’re appointed by the builder to assist you in your settlement journey, from now, right up until you collect your keys. You can think of us as your settlement concierge; we’re here to help however we can and point you in the right direction with your enquiries. 

You’ll hear from us a bit during your settlement journey, and this is where most updates will be posted – the settlement update page. On this page we’ll be sharing construction updates, photos, letting you know when valuations and Purchaser Inspections are available, as well as some helpful tips and advice to assist you with a smooth settlement.

Although we’re quite knowledgeable about the settlement process, we aren’t trained legal professionals. We’ll leave that to your conveyancer. They will be able to look after questions about your contract of sale, stamp duty or other legal aspects of your settlement.

For your journey Katrina Hope will be your settlement co-ordinator. You can contact Katrina on 0493 098 241 or email her at katrina@settlement-solutions.com.au.

 In the meantime, please feel free check out the frequently asked settlement questions or drop Katrina an email. We look forward to helping you out along your settlement journey at Newgate. 

SETTLEMENT JOURNEY STAGES

CONSIDER FINANCE OPTIONS

At about 3-4 months before settlement you should start to narrow down what financial options you have to settle.

Will you settle by cash, get a home loan, or maybe a combination?

Should you choose to finance with a loan, we recommend you appoint a broker to assist you with your applications.

VALUATIONS
BEGIN

Generally 6-8 weeks prior to settlement.

We'll let you know once your apartment is ready bank valuations will be available, usually there are required as part of your loan application.

For purchasers bringing money into Australia, make sure you have set up an Australian bank account and begin transferring your money.

PURCHASER INSEPCTIONS

Generally 4-2 weeks prior to settlement

At this point construction on your new home is almost complete. We will send you an invite to conduct your pre-settlement inspection.

Any defects picked up in your inspection, will be noted and passed to the builder to begin addressing.

PRE-SETTLEMENT PERIOD

Once your inspection is complete the next stage is to wait for the Occupancy Permit and Titles to be issued so settlement can be called.

Your finance, either cash transfer or Bank loan, should be finalised and ready for settlement.

During this time the builder will continue to address any defects where possible.

SETTLEMENT
DAY

Once settlement is called your conveyancer will assist you in preparing for your settlement.

Make sure your loan has been finalised and your cash is ready.

Once your settlement is complete the keys to your new home will be available to collect.

POST
SETTLEMENT

Your settlement has been finalised.

We'll pass on details of the move in process and helpful information so you can get ready for your new home.

Your dedicated Owners corporation/ building manager will now be your point of contact & assist you with settling in to your new home.

SETTLEMENT RESOURCES

YOUR SETTLEMENT CO-ORDINATOR

KATRINA HOPE
Senior Project Manager

katrina@settlement-solutions.com.au 
0493 098 241

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