Conveyancing Resource Centre
What if finance is rejected?
This question depends entirely on what is in the contract.
In most cases, depending on what is in the contract and whether it is standard form or not, the buyer may be able to terminate the contract by the finance date without the incurrence of penalty.
In most standard form contracts, the standard terms provides that finance is to be on terms satisfactory to the buyer, however, they must use all reasonable endeavours to obtain finance.
If the buyer elects to terminate the contract, it is generally advisable to show some form of evidence, such as a finance rejection letter.
For more advice, you should contact us.
Our Best Prices
We've streamlined the conveyancing process so that we can keep our prices low so that there is more in your pocket for the moments that matter. The best way is the RHC way.
Affordable Conveyancing in Queensland
Whether you own it or list it, our team keep it simple, and provide the most exceptional service that is personalised to you and streamlined for a hassle-free settlement.
Access to a Solicitor
With other firms, you often won't get access to a solicitor, and the risks are high. With us, you get access to a lawyer who reduces the risk and is available when you need.
Years of Experience