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What happens closer to the settlement date?

We will calculate and agree the settlement figures with the other conveyancer. If you are selling, we will obtain a loan payout figure from your mortgagee. You need to advise us how you wish to draw the balance of the proceeds. All rates and levies are adjusted as at the date of settlement and if a proportion is unpaid these will come out of the sale proceeds. Please do not pay rates/levies very close to the settlement date as this may not be picked up.

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