on 09-02-2022 01:23 PM
Are we able to lodge a Mortgage of Lease via PEXA?
As the RG's website provides that a National Mortgage Form is a mainstream dealing,
|National mortgage form version 1.5||Registers a mortgage over Torrens Title land, lease, mortgage or charge.||1 Jul 2019|
I tried to set up the workspace as a mortgage, however it doesn't give me an option to change the "estate type" from fee simple to lease.
Do we lodge it as a Dealing with Exception and use the document type "National Mortgage Form"?
on 15-02-2022 10:30 AM
Hope you are well.
Please refer to the Registrar General's lodgment rules as you will find a waiver to cover your scenario ( see section36)
The proceed to lodge the document following the Dealing with Exception process (help card located at the bottom of the link provided):
Note; ensure you scan with your documents a NSW Land Registry Waiver form:
Team Lead Customer SuccessHub
on 18-07-2022 08:47 PM - last edited a month ago
I would not advise you to take out a mortgage. It's better to be patient and save up for a house. Real estate is suffering its biggest price drop in 15 years. Homes are cheap now, and if you save up for a house now, you can sell it for a profit in the future. You can even read this article yourself https://timthomas.co/signs-of-a-housing-market-crash/, and you'll see that I'm telling the whole truth. I work as a realtor, and now I advise everyone to buy real estate. Any real estate they can then sell and make a lot of money on this scam. I think that such an opportunity will hardly ever arise.