I have just had a matter where it was a simple refinance, ie, discharge and new finance. The clients, however, borrowed more money to consolidate debt and wanted to pay out Council rates, water rates and a couple of other bills.
The payment of the rates were a condition of the new loan.
I couldnt make 3rd party payments in PEXA, (PEXA wouldn't let me), without a 'Purchaser subscriber'- which there wasn't as it was a simple refinance.
Any chance we can have the option of creating 3rd party payments, in a refinance?
In a single-party transaction (effectively), simultaneous payments isn't as important (they're not going to run away without paying themselves). Why not just make those payments in advance? Unless they were very very very seriously short on liquidity?