What Happens If You Miss Your Settlement Date?

Missing your property settlement date can lead to costly penalties and serious consequences. Buyers may be charged daily penalty interest, risk losing their deposit, or even face legal action if the delay continues. Common causes include bank delays, missing paperwork, or last-minute funding issues. To avoid stress and financial loss, stay in close contact with your broker, lender, and conveyancer to ensure all documents and funds are ready on time. At ZedPlus, we help clients prepare for settlement confidently by coordinating with lenders and guiding them through every step of their home loan process.