This service covers transfers where the buyer is obtaining a mortgage and the seller owns the property outright.
Mortgage Buyer to Cash Seller
We manage property transfers where the buyer is purchasing with a mortgage and the seller owns the property outright. We coordinate with the buyer’s bank for valuation and approvals, handle the developer NOC and Trustee Office processes, supervise mortgage disbursement, and ensure smooth issuance of the final Title Deed – delivering a compliant, transparent, and well-managed transfer from start to finish.
Typical Timeline: 30–45 working days, subject to bank approval and valuation.
Typical resale timeline: 2–6 weeks
This depends on:
👉 Cash deals are usually faster (2–3 weeks).
👉 Mortgage deals take longer (4–6+ weeks).
Bank delays are common and usually relate to:
Impact:
⚠️ Conveyancers and agents are not liable for bank delays, as banks are independent third parties.
NOC (No Objection Certificate) is required:
📌 Without a valid NOC, DLD will not process the transfer.
Validity is usually 30 days (varies by developer).
These are bank-critical documents in mortgage transactions:
🔹 OLL – Outstanding Liability Letter
🔹 FOL – Final Offer Letter
📌 Without OLL/FOL → no clearance → no transfer.
