Frequently Asked Questions
What does a conveyancer do?
A conveyancer specialises in managing the legal side of property transactions to ensure a smooth transfer of ownership. Whether buying or selling property, a conveyancer is essential for services like contract review, legal document preparation, and coordinating settlement, making sure every legal requirement is met for a seamless transaction.
What is the difference between a conveyancer and a lawyer?
A licensed conveyancer focuses solely on conveyancing, meaning they specialise in the legal processes of property transfers within their licensed state. Lawyers, on the other hand, have broader legal expertise across areas such as wills, family law, and commercial transactions, and can advise on properties across Australia. If your needs are strictly property-related, a conveyancer is often the most cost-effective and focused choice.
How much does conveyancing cost?
Our conveyancing services start at $1500 plus GST plus disbursements. We offer fixed-fee pricing, providing you with a clear, upfront quote before beginning any work, so there are no hidden costs or unexpected fees along the way.
Why do I need a conveyancer when selling my house?
Selling a property involves complex legal steps, and hiring a licensed conveyancer ensures your sale is handled professionally and without legal issues. Your conveyancer will manage everything from contract preparation to the legal transfer of ownership, protecting you from potential legal complications and giving you peace of mind throughout the sale.
Why do I need a conveyancer when buying a property?
Whether you’re new to buying property or have experience, a licensed conveyancer makes the process straightforward. A conveyancer manages due diligence tasks (like property inspections), reviews contracts, negotiates terms, and liaises with your mortgage lender to ensure the smooth transfer of ownership and protection of your deposit.
What is stamp duty?
Stamp duty, or transfer duty, is a government tax on property purchases in NSW, generally payable within 90 days of contract exchange or at settlement. As your conveyancer, we can advise on your specific stamp duty obligations and check if you qualify for any exemptions or reductions. Contact us for more details on how stamp duty may affect your purchase.
What should I have ready for my first meeting with a conveyancer?
Bring proof of identity documents, such as a driver’s licence and passport or birth certificate, to your first meeting. Your conveyancer will also explain what documents and details are needed as the process unfolds, including property information, timelines, and funding sources.
When should I contact a conveyancer?
Ideally, reach out to a conveyancer as soon as you decide to buy or sell a property. Buyers should contact a conveyancer before making an offer, as services like contract review and property research can strengthen your offer. For sellers, it’s best to engage a conveyancer before listing your property to prepare the necessary contracts and handle pre-listing searches, avoiding delays once offers come in.
What is the First Home Buyer Assistance Scheme?
The NSW First Home Buyer Assistance Scheme provides transfer duty concessions for first-time buyers purchasing a home to live in. Eligible buyers of properties up to $800,000 may pay no transfer duty, with reduced rates available for properties between $800,000 and $1 million. These thresholds are subject to change, so check with your conveyancer for the latest information.
What is the First Home Owner (New Home) Grant?
First-time buyers building a new home, purchasing a newly built property, or buying a substantially renovated property may be eligible for a $10,000 grant in NSW. This grant is available to help offset the costs of purchasing your first home. Contact us to see if you qualify for this grant and other first home buyer benefits.