Buying Process

• Speak to a lender early to see what you can afford
• Research home sizes (how many bedrooms will you need?)
• Know what block size accommodates your ideal home

• Contact our Land Sales Consultant
• Check you have your deposit and pre-approval
• Sign an offer and acceptance (this can also be done via Docusign eletronically )
• Appoint a settlement agent

• Check you have all you need for your loan application
• Once you have submitted your formal application, the bank will process your application and advise a formal unconditional approval if you meet their requirements
• Loan documents will be given to you to sign, and a copy is sent to your settlement agent

• Your settlement agent will arrange for the land to be transferred into your name
• Stamp Duty must be paid prior to settlement taking place. 
• If you are a First Homebuyer, you usually won’t be required to pay stamp duty, depending on the purchase amount. Find out more here
• Your settlement agent, conveyancer or lawyer, will arrange the documents to transfer funds to the seller 
• The land will then be transferred into your name. Congratulations!

Once you have your building plans finalised, your builder will be required to send your house design for approval from Okeland Communities prior to obtaining City of Swan approval.

When you have all the approvals in place, your builder will commence construction. You will be required to make progress payments, as stipulated by your builder, which will come out of your mortgage. Your dream is starting to take shape!

As your home nears completion, there are a few things you will need to arrange before you get the keys, celebrate, and move in. Click here to see the list of ‘moving in must-dos’