A clearer answer. A practical next step.

Clarify how you will use the property, your preferred area and timing. Work out available cash and a comfortable monthly budget before shortlisting. Use the buying workflow to check each preparation step.

Check the actual tenancy, rent receipts, arrears, deposits, expiry, renewal or break terms, permitted use and the sale's possession terms. Confirm whether the bank product accepts investment use; owner-occupied SME products are not interchangeable with landlord financing. Test cash flow after expenses and possible vacancy rather than treating advertised rent as guaranteed repayment.

What to do next

1. Ask the lawyer to review tenancy and possession obligations.
2. Verify rental and deposit records and document any transfer or adjustment.
3. Stress-test vacant periods, repairs and rate changes with the bank.

Buying the property does not automatically cancel the tenancy or guarantee vacant possession or future rent.

Use the signing deadline in the accepted written offer and the solicitor-confirmed transaction arrangements, not a universal number of days. Let your solicitor check the draft and outstanding conditions before signing. Waiting for a loan decision does not automatically extend an offer or SPA deadline.

What to do next

1. Give your solicitor the accepted offer and all relevant correspondence; confirm the deadline, its trigger and any conditions.
2. Have the solicitor explain title/consent findings, financing conditions and obligations in the complete SPA before you sign.
3. Sign when advised and within the agreed terms; if more time is needed, obtain the required written agreement before the deadline.

Do not sign blank or unexplained documents or rely on an agent's verbal promise of an extension. Your solicitor should confirm the consequences if financing or consent is still pending.

Start with intended use and funds, then investigate title, condition and occupation. Put the offer and financing conditions in writing; progress through SPA, valuation, bank offer, legal documentation, required consents, redemption and completion. Handover follows the contract. Loan approval alone does not mean legal conditions or disbursement are complete.

What to do next

1. Agree the due-diligence and financing checklist before booking.
2. Track SPA, bank and consent milestones with your lawyer.
3. Inspect and reconcile possession, accounts and keys at contractual completion.

No universal approval or key-handover deadline applies; title, state consent, tenants and construction can change timing.

For developer housing sales governed by the HDA statutory contracts, such as Schedule G or H, KPKT states that payment must not be collected before the SPA is signed; authorised payments follow the contract and its schedule. This is different from a subsale earnest deposit. If asked to pay early, verify the sale category and seek KPKT or legal guidance first.

What to do next

1. Confirm whether the sale uses an HDA statutory SPA.
2. Check the contract payment schedule with your lawyer.
3. Refer pre-SPA collection concerns to KPKT.

Do not apply this answer to every completed unit, commercial project, subsale or auction; the applicable legal regime must be checked.

Verify the actual property, owner and representative's authority, then make a written offer stating the price and conditions. Before any earnest payment, ask your solicitor to review the accepted terms, authorised stakeholder arrangements and receipt process. An informal message or payment alone does not settle every term of the purchase.

What to do next

1. Confirm the specific unit/title, owner and representative's authority, and set out your price, inclusions and conditions in writing.
2. Have your solicitor review acceptance, signing/payment deadlines, financing conditions and refund/forfeiture provisions before you commit.
3. Verify the authorised stakeholder account and payment instructions independently; obtain a receipt and keep the accepted offer and records.

This is a subsale preparation process, not permission for a regulated housing developer to collect pre-SPA payments. Refund entitlement depends on applicable law and the reviewed conditions; it is not automatic.