I have just been told by CBA that they are "at full settlement capacity tomorrow and are unable to settle" my simultaneous tomorrow. This is despite accepting both invitations 5 weeks ago knowing the settlement date was tomorrow, sending me conversations 6 days ago that the files were both in certifications for settlement, then suddenly the day before, they are at full capacity and received a directive yesterday unable to take any more settlements tomorrow. I asked the question was there something late or wrong with our documents that is now going to delay settlement and the response was, they are just at capacity, that's it. How can this be???? is this some kind of a joke??? Clients have removalists booked, all is in order for both settlements, there are significant ramifications on this. Anyone else having issues?
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I have a workspace where a Caveat has recently been registered on title by a Caveator other than the Purchaser. The Caveat shows in the Land Titles area and also in participants where it is marked as "unrepresented parties". I am surprised that my documents are all showing as successful, including the Cord Consent and Lodgement Instructions, yet there is no Withdrawal of Caveat on the Lodgement Instruction. My enquiry with the support team brought the response that "if you sign off as is and the workspace shows ready ready, then settlement will proceed with the Caveat on the title and it will not be picked up until lodgement" . This is of concern, is this correct?
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