SETTLEMENT CHECKLIST
To help make settlement easier, we have put together a guide of what to expect and prepare for before, during and after settlement.
As always, please reach out to Customer Care if you need any assistance.
CUSTOMER CARE
Frasers Property Australia Pty
Ltd Tel: 13 86 88
Email: customercarevic@frasersproperty.com.au
TIMELINE OUR TO DO LIST
Now We’re here to assist with any questions or concerns you may have. Let us know if we can assist in any way.
YOUR TO DO LIST
• Let us know if you change your phone number or e-mail address.
• Keep an eye out for your monthly updates for the latest settlement forecast and construction status (you’ll start to receive updates as soon as construction has commenced).
• Check that you have access to your Property Tracker and the myFrasersProperty app so that you can easily refer to your construction updates: Property Tracker
• Appoint a legal representative (solicitor or conveyancer) and provide them with a copy of your contract.
• Plan the settlement process with your legal representative
• Commence applications for any grants you may be eligible for.
• If you are selling property to finance your purchase, begin to discuss this with local real estate agents (if you have not already) and find out when they suggest listing your property on the market to be ready for settlement. Keep them informed about changes to the settlement forecast.
5 & 7 months We will reach out to have a chat
• If you will be obtaining a loan, begin to discuss lending capacity with before settlement and offer guidance in preparing for your settlement. your broker and start to collate any documentation they will require for your application.
• If you have cash funds set aside for settlement, ensure these are available in an Australian account and assess whether you will need to withdraw any funds from investment.
• If you are selling your residence to finance your settlement, don’t forget to consider you may need to find temporary accommodation for the time between settlement of your current property and your new home. Ensure any settlement terms agreed with your buyer will not delay the settlement of your new home.
TIMELINE OUR TO DO LIST
3 months We will reach out to remind you to
YOUR TO DO LIST
• Commence your final loan application and advise your before settlement commence your loan application (if you have not already). broker/bank that we will send confirmation once valuation access becomes available.
• Provide your legal representative with the latest forecast for settlement and introduce them to your broker/bank.
6 to 8 weeks We will confirm valuation access
• Once we’ve confirmed valuation access is available, please forward before settlement is available. our valuation Invitation to your broker/bank so their valuer can schedule an appointment with us.
• If you applied for a loan, let your Customer Care Consultant know once you’ve obtained conditional approval.
• If you were planning to sell your property to finance your purchase but have not yet found a buyer, you may want to consider applying for a bridging loan.
1 month before settlement
14 days before settlement
We will send you a reminder.
We will send you a reminder.
• Once we’ve confirmed we have received Statement of Compliance from Council and we are lodging for Titles at the Land Titles Office. We will send you a reminder.
• Let us know once you’ve finalised your loan and received finance approval
• If you need to release any funds from investment, coordinate this now (if you have not already).
• Complete and return final loan documentation to your broker.
• Once we have received the Title registration, we will trigger settlement. Settlements will be due 14 days after Titles have been issued.
3 - 7 days
Our solicitor will provide your
• Check in with your legal representative and broker/bank to ensure before settlement legal representative with the final settlement adjustments. everything is ready for your upcoming settlement.
• If you’re settling with any cash funds, transfer these to the bank account nominated by your broker and/or legal representative.
TIMELINE OUR TO DO LIST
2 - 5 days before settlement
We will send you a reminder to check your lot.
YOUR TO DO LIST
• Prior to your settlement date, it's crucial to inspect your lot to ensure everything is in order. Once settlement is complete, you will be responsible for the upkeep of your property.
• Confirm that the lot pegs are correctly positioned. Note that they are typically level with the finished surface of the lot, making them somewhat challenging to locate.
• Ensure your lot is free of any waste or rubbish. Please note, neither Frasers Property nor the local Council will contribute to clean-up costs after settlement.
• If you can't visit the lot yourself, we recommend asking a trusted friend, family member, or agent to conduct the inspection on your behalf.
• Temporary fencing is an affordable solution to prevent unauthorised dumping and protect your assets on your lot after settlement. We recommend checking with Your Builder as this service might be included in your Build Contract. If not included, you should contact a temporary fencing provider to arrange for installation.
• We recommend starting your research on temporary fencing options now to ensure your lot is secure immediately after settlement.
Day of settlement
After settlement
We will send you the congratulations email with essential information to provide you with a smooth transition.
Congratulations!
• Please refer to the Build Link to access the different documents required before and during your build. Builder Information
• Your Design Guidelines: The aim of these Design Guidelines is to create a neighborhood character for Mambourin Green community. Design Guidelines
We will contact you within 90 days to check if there is anything we can assist with.
• Please don’t hesitate to contact your Customer Care Consultant, should you have any concerns regarding a request raised for your purchase. You can reach by phone at 13 86 88 or by email at customercarevic@frasersproperty.com.au.
• Fill up your fencing consent form received from DocuSign. One of the final steps in the construction of your home will include the installation of your boundary fence. Typically, fencing costs are shared between adjoining lot owners, however, contacting your new neighbours may be difficult if they are yet to move in. Upon request, Customer Care can share the contact details of adjoining neighbours once both parties have signed the Fence Consent Form. We are unable to share contact details until consent has been received by both parties. Please note, Frasers Property will not contribute to the cost of boundary fencing, including in the instance where an adjoining lot is unsold. If your neighbour does not provide their consent within a reasonable time from your request, you may wish to follow up with a Request for Information through the Council.
• Your Owners Corporation will introduce themselves shortly with further information on their role and owner’s corporation structure.
