FINANCE
FINANCE
Property compliance certificates?
Ask for the following certificates so that you can have some peace of mind that the home complies with regulation standards. These are legally required before transfer of property, but you can request them sooner if you have any doubts about any of these aspects.
• Electrical Certificate of Compliance
• Electrical Fence Certificate
• Water Installation Certificate
• Gas Certificate of Compliance
• Beetle-free certificate
When can I move in?
You need to ask whether occupation will be immediate once the sale is finalised. If not, the seller may need to pay occupational rent until they move out, says Bendall. If the seller needs to move into another home, they will be eager to sell and finalise the transfer as quickly as possible.
Ideally, you need to know whether the home will be vacant and ready for occupation as soon as transfer is finalised.
Buying a home is a decision not to be taken lightly, so don’ t be afraid to ask questions so that you can make an informed choice.
About the author Bradd Bendall is BetterBond’ s National Head of Sales.
70 REI MAGAZINE APRIL 2025