Quick answer
Yes, we write caveat loans on Perth and other Western Australian property: fast business funds behind your existing bank loan, with the caveat lodged electronically with Landgate. Where a registered second mortgage gives a cleaner result, we can write that instead. Where the valuation, signatures and exit evidence are ready, $20k to $250k is possible the same day.
Key points
- We write caveat loans on Perth and WA property, straight from the lender.
- Landgate requires eligible stand-alone mortgages to be lodged electronically, as it has since 1 December 2018.
- On a WA title, registered interests rank by time of registration, so your bank stays first.
- Being two or three hours behind the east coast can work in your favour on a deadline.
- Homes and the Welshpool, Kewdale, Malaga and Osborne Park commercial belts are all considered.
- WA structure
- Caveat loan or second mortgage
- Registry
- Landgate
- Lodgement
- Electronic since 2018
Perth business owners often find that the caveat lenders they come across are based in the eastern states and say little about how WA titles actually work. So here is the plain version. We write short-term caveat loans on Perth property, lodged with Landgate: fast money behind the bank loan you already have. You talk directly to us, the lender, the whole way through.
Can you get a caveat loan in Perth?
Yes. We write caveat loans on WA property: short-term business funding against the equity in your property, without refinancing the bank.
A caveat tells anyone searching the title that the lender claims an interest, so the property can’t be sold or refinanced without the loan being dealt with. On a larger or longer loan, or where your bank prefers it, a registered second mortgage can be the cleaner choice: it is the interest itself, recorded on the Register with its own number and place in line. We’ll tell you which suits on the first call.
What do Perth owners actually use it for? The reasons we see are practical ones:
- Waiting on a big customer. Contractors and suppliers to resources and construction clients often work on long payment terms while wages and fuel are due every week.
- A tax bill that won’t wait. Clearing a BAS or income tax debt before the ATO takes firmer action.
- Buying premises or a business with a settlement date the bank is too slow to meet.
- Paying out a partner so the business stays with the person running it.
How does a caveat loan work in WA?
The caveat is lodged with Landgate, WA’s land registry. Three points from Landgate’s own published guidance matter here:
- Lodgement is electronic. Since 1 December 2018, eligible stand-alone mortgages, and lodgements made up of eligible discharges, transfers, mortgages and caveats, must be lodged electronically under the Transfer of Land Regulations 2004.
- A registered mortgage uses the standard form. If we write a second mortgage instead, WA uses the National Mortgage Form, the same form used across the country.
- Priority is clear. Landgate’s guide to the Register says instruments affecting the same interest rank “according to the time of registration”. Your bank registered first, so it stays first, and our interest sits behind it.
For a state-by-state view, read caveat loans outside Victoria. To understand how a second mortgage is sized, see our second mortgage page.
Does being on Perth time help or hurt?
It mostly helps. Perth runs two hours behind Sydney and Melbourne, and three hours behind while the eastern states are on daylight saving. Our team works on Melbourne time, which means:
- An early Perth enquiry gets an early answer. Send it at 7.30am and it lands with us mid-morning, so we can call you back and order the valuation before Perth’s lunch break.
- Signing can happen the same Perth afternoon. Documents issued in our early afternoon reach you in your late morning, with time to identify and sign.
- The tight bit is the end of the day. Our funding runs on the eastern clock, so a same-day Perth file needs everything signed by early afternoon local time.
What Perth property can secure a short-term business loan?
| Area | Typical security | What the valuer weighs |
|---|---|---|
| Welshpool and Kewdale | Warehouses, transport depots, workshops | Truck access, hardstand, proximity to freight routes, tenant if leased |
| Malaga | Factory units, trade showrooms | Unit size, parking, recent strata and freehold unit sales |
| Osborne Park | Offices, showrooms, mixed commercial | Lease terms, vacancy, building age |
| Northern and southern suburbs | Family homes, townhouses | Recent street and estate sales |
| Inner and western suburbs | Character homes, apartments | Land size, renovation quality, building records for units |
Homes, investment property and commercial buildings held by you, a company or a trust can all be considered. For non-residential security, our page on commercial and industrial property goes deeper.
Want a rough figure first? Our borrowing calculator gives a starting point, or enquire now and we’ll look at the actual property.
How fast can a Perth caveat loan settle?
With the valuation done, every owner signed and identified, a current bank statement for your existing loan and a clear exit plan, a loan between $20k and $250k is possible the same day. Bigger loans, up to $5m, are possible within 24–48 hours. Electronic lodgement means the registry is not the slow step. The slow steps are human: a co-owner on a FIFO roster who is hard to reach, a company with a director overseas, or a trust deed nobody has looked at in years. Flag those in your enquiry and we’ll plan around them.
Illustrative case: buying out a partner in Osborne Park
A made-up example with rounded numbers, for illustration.
Two partners run a signage and print business in Osborne Park. One wants to retire and has agreed a price for his half, with a 30-day settlement date in the deal. The remaining partner needs $320,000.
Her home in the northern suburbs is worth about $1.1m with $380,000 owing to her bank. A $320,000 caveat loan, plus costs, takes total borrowing on the home to about two-thirds of value. The valuation is completed, she signs, the caveat is lodged with Landgate behind the bank, and the outgoing partner is paid on time. Within months, with full ownership and clean accounts, she refinances the business debt with her bank and the caveat is withdrawn. Our page on paying out a business partner covers this scenario in full.
Perth property, east-coast speed: next step
Whether it is a Kewdale depot or a home in Joondalup, the start is a short online enquiry. It takes around a minute and carries no credit check at that point. We don’t push your details out to a crowd of other lenders. A real person here studies your situation and calls you, mindful of the time difference.
Please answer the form accurately: the property address, that it is in WA, what you owe on it and the date you need the money all decide how we can help.
Frequently asked questions
Can I get a caveat loan on a Perth property?
Yes. We write caveat loans on Perth and other WA property: business funds behind the bank, arranged quickly. If a registered second mortgage suits your title or your bank better, we can write that instead.
What is Landgate?
Landgate is Western Australia's land registry. It keeps the Register of titles under the Transfer of Land Act, and caveats, mortgages and their withdrawals or discharges over WA land are lodged there.
Where does a short-term loan rank on a WA title?
Landgate's guidance says instruments affecting the same interest rank according to the time of registration. Your bank's existing mortgage was registered first, so it stays first and our interest sits behind it.
Does the time difference slow a Perth loan down?
Usually the reverse. An early enquiry from Perth lands mid-morning on the east coast, so the file can be reviewed and the valuation ordered before Perth's lunchtime.
Can I use an industrial unit in Kewdale or Welshpool as security?
Yes. Industrial and commercial property is common security for short-term business loans. The valuer looks at the building, access, zoning, any lease in place and recent sales of similar units.