- Confirm the plot reference on the statement
- Read amounts paid and outstanding
- Check the next payment date
- Identify any late charges or other dues
Read paid and remaining amounts
A seller may describe paid instalments, an asking premium and a balance still payable. Ask for the appropriate account evidence so you can separate these components and understand the basis of the quote.
Check the plot and statement date
Check the plot details and date on the statement. Reconcile payments claimed by the seller with the recorded position. If a payment has not yet appeared, have its status resolved through the appropriate channel.
Check the next instalment date
Record the remaining due dates and amounts before deciding whether a purchase is affordable. Clarify whether arrears or late-payment amounts exist. A low amount payable to the seller can coexist with a large future liability.
Frequently asked questions
How do I know what instalments remain?
Obtain the relevant account evidence and review the remaining due dates and amounts rather than relying only on a seller’s summary.
What if a claimed payment is not recorded?
Have the payment reconciled through the appropriate channel before agreeing the final transaction balance.
Want help with your South plot?
Call our team with your plot size, budget and buying question.