Browse Forums Home Finance 1 Apr 30, 2014 4:25 pm I'm in the process of applying for a loan with my mother in law as guarantor. She currently has a mortgage with NAB and has plenty of equity. My bank is telling me that we won't get unconditional approval until NAB agrees to a deed of priority over the MILs property which can take as much time as NAB wants and they can decline it. I'm just wondering if anyone has been in a similar situation and how long it would normally take for a deed of priority to be set up. Also what would be involved from the MILs point of view in terms of her mortgage with NAB? Does she need to provide any paperwork or documents or is it just an agreement between the two banks? In NSW the maximum deposit for building work is 5% until the builder provides HBCF insurance 1 4821 Hi All, We signed a prelim agreement last year (May 2022) and paid deposit to a builder. However, we didn't go ahead with them and never signed a contract. We ended going… 0 2309 You need to respond to the Builder within 10 business day advising of your rejection of claim as per SoPA on a payment Schedule, Do not miss this deadline. 3 7284 |