Hi all sifus, I'm currently purchasing a subsale house and would like to know how long does bank usually take to settle seller loan and disburse the monies to seller?

Based on my lawyer, they are currently lodging caveat on the property.

Also from my understanding, the next step will be to advice the bank to settle the seller's loan, then bank will disburse the monies to seller after bank gotten the title.
My question is, how long (estimated) should I expect to complete this process from lodging caveat to get the key?

Also, will the bank start settle the seller's loan right after lawyer advice?
Another info the bank needs other than Evaluation Report (my Evaluation Report is ready). From other forum post, the bank will require the insurance company to confirm on MRTA too. Anything I can start doing now on the MRTA?

* some might ask why I don't ask the questions to my lawyer, but tbh the lawyer is not helpful and thus I'm trying to seek advices from forumers.
If anyone can share the step by step processes with estimated timeline on purchasing subsale house would be great for all new buyers!

I’ve recently just bought a subsale condo, here’s my timeline so far:

Mid January - paid 3% booking
Early February - signed bank’s offer letter
Mid March - signed S&P
Mid May - MOT executed
End June - Bank disbursed balance sum to vendor’s bank

Currently still waiting for VP

Completion date given by lawyer: Mid August

Altogether it’s been about 6 months since booking until the disbursement