Short answer：Electronic payments and document tools may improve parts of a transaction without guaranteeing an 80% reduction in completion time. Identity, title, contracts, tax and lending still need their applicable processes.
Identify the specific change
From 28 February 2026, PAPT extended bank-to-bank mortgage payments to eligible secondary residential sales. This payment change does not mean every document can be electronically signed or registration guarantees title.
Measure stages separately
Track evidence collection, lending, title enquiries, signing and payment with delay reasons. Different conditions prevent a simple case’s timing from becoming a universal market promise.
Before deciding
- Confirm transaction eligibility
- Track legal and banking deadlines
- Do not omit verification because a step is automated
Sources and method
Sources support the specific rules described. Checklists and hypothetical calculations are editorial explanations, not measured market results or individual approvals.
Revision：Removed unsupported experience, case outcomes and statistics; corrected the topic-specific rules and limitations described above.
Scope：General information only, not personalised legal, tax, immigration, admissions or investment advice.