Choosing your preferred lender

Having reviewed the terms and conditions of your preferred lender and having any terms you don’t understand explained by your financial or legal advisor, calculate what you can afford to spend by adding the amount you have saved with the amount you can borrow, and allow for lender fees, duties, legal and moving costs etc.

Nominating your preferred lender private treaty

For private treaty sales in Western Australia, once you have chosen your preferred lender you can nominate them (a financial institution or mortgage broker) in a clause on page one of the Offer and Acceptance form ( O & A) and make your offer subject to finance. If the loan is not granted by that particular lender, then the O & A is no longer binding on the buyer.