where got so long 45 to days.
I go EPF after 3days signed S&P.

you just need
S&P Certified
Offer Letter Certified
IC Certified

but i signed offer letter before signing S&P

You buy new house or 2nd hand house ??

2nd hand house - Free hold

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Added on August 17, 2009, 10:20 amyour case take longer maybe it's due to lease hold.

This post has been edited by Walbur: Aug 17 2009, 10:20 AM

What make the delay different from Leasehold & Freehold? Why everyone say leasehold have to wait longer?

My case, Loan Approved, signed S&P, Deed of Agreement, Loan Agreement, paid Lawyer fee, and paid Deposit for Maintenance fee and Water to Management office. My lawyer told me, now wait for Vendor bank to respone.

How long else should I wait?

My is 2nd hand Condo, Leasehold, Title not out yet.

The difference is for leasehold, you need to get a consent letter. Freehold, no need for consent letter.
That's the only different. The rest of the process are the same.

Normally, consent letter application took 1 month or more.

Thanks. The consent here is through Developer or State consent? Kind of confusing
1 month or more, so difficult to prepare the consent letter-ah

If I have a broker that handle my case (loan and lawyer), should I be the one following up with the lawyer? Or, should I be following up with the broker?

I found useful information here:



This post has been edited by leongal: Oct 26 2009, 09:22 PM

thanks

Either one. If individual title has been release.. consent from the state is required.
If individual title has not been release (still under master title), need to get consent from developer.

Either way, both processes are slow. 1 month is optimistic.. just prepare your mind that it takes 3 months.. this way, you'll suffer less heart broken..

Writing the consent letter is fast and easy, but waiting for your application to get on top of the stack, .... it take ages...

This post has been edited by zeese: Oct 30 2009, 11:27 AM

huh.. you guys are really scared me ler..

Am totally new in this.
I have just paid the booking fee.
And who to tell me what the next?
It's leasehold...

look for a lawyer and look for a loan...do and settle tis within 14 days

after u sign the snp wait for the lawyer to sent the snp for stamping, at the same time chase the bank to release the proceed usualy the time frame is 3 months + 1 month as extension. One the bank release the payment, the developer or seller have to release the house to you within 4 days. If seller fail to release the house to you due to unforseen circumstances, you can charge them interest 10% per annum and sue them for specific performance.
The lawyer will also ask for money to do the transfer of name and ask for payment from u. Usually freehold house is quite fast, i heard some staff in the lawyer office mention that nowadays leasehold transfer of name is less than 2 weeks it depend on the lawyer whether they want to help u speed up the process while freehold should be faster. When they say 3-6 months for the transfer of name, your file actually is sleeping on the lawyer table.

Once you get your snp copy, you can apply for renovation of the house permit. Once you get your permint n you receive your house key, you can start your house renovation,after that moved in anytime u find fit. Remember to connect water n electric supply before the renovation, those contractor need electric to do their work. The water is use to check if there is any leaking of the toilet.

This post has been edited by Tohsan: Nov 1 2009, 01:53 PM

Thanks for the info.
The 3 months after signed s&p are included weekend or holidays if any?
Thanks.

weekends added, but public holiday not added....

check ur s&p, it is stated there

This post has been edited by leongal: Feb 1 2010, 01:24 PM

hi leongal, thanks a lot.

hei....ask your lawyer to do the chronology of events, sometimes it may be the seller's part that delay the whole thing....

also.....the charges will be the outstanding loan amount....