Page 1 of 3
Request to Amend an Existing Security
Bank of Melbourne – A Division of Westpac Banking Corporation ABN 33 007 457 141 AFSL and Australian credit licence 233714. BOMW00678 03/15
Return your completed form by Fax (refer to below fax numbers), alternatively you can mail your form to:
Bank of Melbourne, Mortgage Discharges, Locked Bag 1, Kogarah, NSW 1485.
Note: It is important to lodge this form AT LEAST 10 business days = 14 calendar days (excluding Public Holidays) prior to settlement.
Use this form to request the amendment to securities held against existing Bank of Melbourne mortgages.
Full Discharge of Security
Please complete sections 1,2,3,4,6,7 Please call 1300 999 266, 8.00am – 8.00pm (EST)
Monday to Friday, visit your local branch or talk to your broker.
Please Fax your completed request to 02 9995 8300.
Partial Discharge of Security
Please complete sections 1,2,3,4,6,7 Please Fax your completed request to 02 9995 8304
or call 1300 883 183, 8.30am – 6.30pm (EST)
Monday to Friday to discuss.
If a sale, please provide Contract of Sale.
Substitution of Security
Please complete sections 1,2,3,4,5,6,7 Please Fax your completed request to 02 9995 8304
or call 1300 883 183, 8.30am – 6.30pm (EST)
Monday to Friday to discuss.
If a sale, please provide Contract of Sale, Transfer and
Title Search.
Reason for the release of security?
Sale
Reinance
Other
Debt Repaid (Complete Repaid Loans Advice Form)
Selling your property? $750 Loyalty Cashback
Help cover the costs of your next home loan with a $750 Cashback when you return to Bank of Melbourne.
Refer to page 3 for full ofer terms and conditions.
Section 1 – Customer details
Loan account Customer name(s)
Customer to be contacted Contact phone number
Email address Address (for correspondence post settlement or discharge)
Section 2 – Solicitor/Conveyancer/Other Financial Institution details (must provide all details, critical to settlement)
Solicitor
Conveyancer
Other Financial Institution
Firm name/Financial Institution Appointed contact name
Contact phone number Email address Fax number
Section 3 – Details of released property
Address of property to be released (if more than one property being released please list all in the below additional information box)
State Postcode
Title reference number (if known) Sale price Anticipated Settlement Date Settlement Location
/ /
Other Instructions/Additional Information
Page 2 of 3
Request to Amend an Existing Security
Bank of Melbourne – A Division of Westpac Banking Corporation ABN 33 007 457 141 AFSL and Australian credit licence 233714. BOMW00678 03/15
Section 4 – Instructions for distribution of funds
Loan account number To be paid in full?
Yes >
Loan to be closed
Convert to Savings Account (Portfolio only)
No >
Reduce limit to Reduce debt by
$ $
Loan account number To be paid in full?
Yes >
Loan to be closed
Convert to Savings Account (Portfolio only)
No >
Reduce limit to Reduce debt by
$ $
Loan account number To be paid in full?
Yes >
Loan to be closed
Convert to Savings Account (Portfolio only)
No >
Reduce limit to Reduce debt by
$ $
Surplus Funds to be credited to:
Existing Bank of Melbourne Account
Account Number Account Name
Bank Cheque by Mail (please enter mailing address below – for surplus payments only)
Address State Postcode
Future Address (Please provide your future address post settlement) State Postcode
Section 5 – Substitution details
Please provide the details of the new security.
Property – please provide details below Term Deposit/Cash
Are you buying the property from a friend or relative?
Yes No
Is the property zoned for residential use?
Yes No
Address State Postcode
Title Reference Current estimated market value or purchase price
$
Please provide the Property Access details, as it may be required.
Contact Name Contact No.
Page 3 of 3
Request to Amend an Existing Security
Bank of Melbourne – A Division of Westpac Banking Corporation ABN 33 007 457 141 AFSL and Australian credit licence 233714. BOMW00678 03/15
Section 6 – Additional information
Section 7 – Customer authority
I/We authorise to release the above security and to:
• clear and reduce my/our loan(s)
• charge the applicable fees in accordance with my/our loan agreement(s)
• discuss this request with the solicitor/conveyancer/other inancial institution nominated in Section 2
• cancel all facilities linked to the loan(s) (i.e. ofset facility)
• charge the applicable fee if the Bank needs to obtain a valuation of the mortgaged property
• be liable for any outstanding amount if there is an error made in calculating the settlement amount.
All parties of the loan(s) including any Guarantors, must sign below.
If you are signing as an Executor or under Power of Attorney please provide supporting documents.
Signature of Customer/Guarantor Signature of Customer/Guarantor
✗ ✗
Full name Full name
Date Date
/ / / /
Signature of Customer/Guarantor Signature of Customer/Guarantor
✗ ✗
Full name Full name
Date Date
/ / / /
Terms and Conditions – $750 Loyalty Cashback
• $750 Ofer is available for home loans discharged resulting from the sale of property before 30 September 2015 with new applications received from the
1 October 2014 and settled within 6 months of discharge
• Ofer only available for applications received under the Advantage Package for new home loan borrowings of $150,000 or more; current annual fee of
$395 applies
• At least one borrower on the new home loan must be the same as that on the previous loan
• You must hold a Bank of Melbourne transaction account and direct debit your repayments from that account in order to receive a cash back
• Ofer is limited to one application per property purchase and cannot be used in conjunction with any other ofer
• The cash back will be paid into the linked transaction account within 2 months post settlement of new loan
• Credit criteria, fees and charges apply. Terms and conditions apply. Before making a decision, you should read the terms and conditions. Full details are
available at: bankofmelbourne.com.au/personal/home-loans
• You should seek professional advice in relation to any tax implications.
