Refinancing My Home

Step 1

The Bond Attorneys (appointed by the bank registering the bond) request the draft deed and guarantee requirements from the Cancellation Attorney (appointed by the bank cancelling our Client's existing bond). This information is forwarded to the Bond Attorneys then proceed to draft bond documents.

Step 2

Bond documents are drafted, signed by our Client and the guarantees are forwarded to the Cancellation Attorneys to obtain consent for the cancellation from the Client's existing bank.

Step 3

Once all documents have been signed, the Bond Attorney arranges for lodgment of the documents.

Step 4

Once lodged, the Deeds Office takes approximately 7 – 10 working days to process the documents before registration takes place.

Step 5

Payment is made on date of registration of the bond.

The registration process typically takes between 8 and 12 weeks to complete. However delays are possible if some information is not provided.

Delays Could be Caused by:

  • The title deeds being lost or misplaced, this would result in the Bond Attorneys applying for the "Lost Title Deeds". This could take 3-4 weeks.