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3 Ways to Get Your Settlement Dates Right Before Going Unconditional
Buying and selling homes at the same time? Here are the key things to check so the timing and finance work for you.
Nurain Nadzirah
02 October 2026
Going unconditional on your next home is a big milestone.
Your conditions are met. The agreement is now binding, and you’re committed to the purchase.
But when one home needs to be sold to make way for the next, getting the timing right can be just as important as getting the finance right.
So before you lock in, make sure these 3 things stack up.
1. Check the timing of your settlement dates
Your purchase and sale each have their own settlement date. They don’t necessarily have to be on the same day.
✅ What to do:
Check both Sale and Purchase Agreements early. If the dates don’t work for you, flag this with your lawyer or conveyancer to see whether they can be negotiated.
2. Check which one settles first
Once you know the dates, look at the order they happen in.
If your new home settles first, you’ll need to fund the purchase before your sale proceeds come through. If your sale settles first, you may need somewhere to stay until your new home is ready.
✅ What to do:
Make sure you’re comfortable with the order of your settlements before you commit.
3. Make sure your finance matches the timing
Knowing your settlement dates is one thing. Knowing how you’ll fund them is another.
If you’ve arranged bridging finance or another lending solution, you’ll want to make sure it’s set up for the right amount and timing.
✅ What to do:
Talk to your mortgage adviser before going unconditional to make sure your lending is set up around your settlement dates.
Want to make sure the timing works for your settlement?
We can help you work through your settlement dates, funding and lending options before you go unconditional.
This article is for informational purposes only. It does not consider your personal financial situation or objectives. Please consult with Tella mortgage and financial experts before making any decisions regarding your mortgage or debt strategy.
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