on 27-04-2017 11:29 AM
Is it possible to do an SA refinance and purchase in one workspace in PEXA, with the result being 2 titles on one mortgage? This is possible in a manual settlement and thereby saves the customer LTO registration fees.
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on 16-05-2017 02:01 PM
Would this mean we (as a Bank) would send an invitation for the refinance part to the outgoing bank pending the conveyancer/solicitors invitation for the purchase part? Then, once we receive the invitation for the purchase, we should ask the conveyancer to abandon their workspace and then invite them into our workspace for the purchase CT. I'm guessing we would need to make sure via the conversations that each invited party is aware that we are dealing with 2 separate CT's. My thinking behind this is that we need to get the refinance part of the deal started as early as possible without knowing whether the Conveyancer can proceed in PEXA or not. OR the other option would be to do it via a proactive invitation to the Conveyancer at the time of sending the refinance invitation?