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Going unconditional

Your offer’s been accepted – what's next? There are a few more steps you might need to complete before you can move in.


Step 1

When your offer is accepted

At this stage, if your property offer is conditional on satisfying a few conditions, you may need to:

  • Contact your lawyer if you haven’t already – they’ll carry out all the necessary searches on the property and begin preparing all the documents required for buying a house. 
  • Contact ANZ, if you haven’t arranged finance – we can help you with a home loan and help you set up the right bank accounts to manage your repayments (we can also arrange home and contents insurance too). 
  • Arrange for any conditions to be met – for example, if your offer was conditional on a satisfactory builder’s report, you’ll need to arrange for a registered builder to visit the property and write a report.

Step 2

When your offer goes unconditional

Once all outstanding conditions are met, including approval of your ANZ Home Loan, your offer becomes unconditional – which means you and the vendor have agreed to buying (or selling) the house. At this stage you’ll need to:

  • Contact ANZ to let us know or your lawyer may do this on your behalf. We’ll help you organise payment of the deposit, and draw up a home loan agreement and send it to your lawyer.
  • We can also help you protect your home and your lifestyle with ANZ Life and Living, House and Contents insurance.
  • Contact your lawyer – they’ll go over the home loan agreement with you, explain what it means, your obligations and responsibilities, ANZ’s obligations and responsibilities, and answer any questions you may have. Remember you’ll also need to give your lawyer a copy of your house insurance certificate before settlement date. We’ll liaise with your lawyer to have your home loan funds available on settlement day (see below).

 Step 3

On settlement day

Settlement day is when the purchase price (less any deposit paid) is made to the vendor and the title transfers to you. It’s probably one of the most exciting parts of the process. Most of the work is carried out behind the scenes by the bank and your lawyer:

  • Your lawyer will check that the rates and any other utilities have been paid by the vendor and are up to date. Your lawyer will send a settlement statement to us, showing the amount required to ‘settle’ the transaction. We’ll then arrange with your lawyer to draw down your loan and transfer the money to the vendor’s account.
  • Once the vendor confirms they’ve received the funds, your lawyer will arrange for you to pick up the keys (or have them sent to you). They’ll then complete the registration of the property title into your name and provide you with a copy for your records.
  • All that remains is for you to move into your new home – and celebrate!

Home buying toolkit

Work out your repayments

Find out how much your repayments might be depending on the loan amount, loan type and term.

Free First Home Buyer Handbook

A guidebook to help you navigate the home buying journey from start to settlement.

Free Property Profile Report

Know a home’s potential worth before you buy with an ANZ Property Profile Report (worth $49.95).

Property Unlocked Seminars

Free seminars to learn about the home buying process, building, renovating and property investment.

ANZ Healthy Homes

Whether you're buying, building or renovating, we have a range of initiatives to help make your home warm, dry and energy efficient.

Need help?

Help and support 

See all help and support articles

ANZ lending criteria, terms, conditions, and fees apply. Interest rates and fees are subject to change.  

A copy of the Bank's General Disclosure Statement  under the Reserve Bank of New Zealand Act 1989 is available on this website or on request from any ANZ branch, free of charge.

This material is for information purposes only. Its content is intended to be of a general nature, does not take into account your financial situation or goals, and is not a personalised financial adviser service under the Financial Advisers Act 2008. It is recommended you seek advice from a financial adviser which takes into account your individual circumstances before you acquire a financial product. An ANZ Authorised Financial Adviser will, on request and free of charge, provide you with his or her disclosure statement prepared under the Financial Advisers Act 2008. If you wish to consult one of ANZ's financial advisers, please contact us on 0800 269 296.