How fast does the settlement money come through?
The length of time between the exchange of contracts and loan settlement varies, but it normally ranges from about four to six weeks. The settlement date is normally dictated by the seller and the banks providing the mortgages, but this is negotiated with the buyer.
Your expert Aussie Broker will of course be around to help you with any issues and questions you have about the process and chase up the lender if required. This service is part of your free appointment with an expert Aussie broker.