When buying properties, it is prudent to have your finance conditionally approved ahead of making an offer. You then make an offer ‘subject to finance’, and use the next period (with the CoS in hand) to move your bank from conditional to unconditional approval. All good. In Victoria however, many in-demand properties are sold through the auction process, where cooling off periods don’t operate, and vendors will general not accept bids which are ‘subject to ....’. Assume you already have conditional approval. Is it possible to move a bank to unconditional approval ahead of the auction day so you can bid with absolute confidence? That is, you have the property identified (ie the one you intend to bid on), you have the price (ie your proposed limit on auction day). Will a bank unconditionally approve on this basis, or do you require a formal CoS to move a bank to that point?