When do I pick up the Keys?
A Guide for Homebuyers in Northern Rivers
Buying a new home is an exciting milestone, whether it’s your first home, an investment property, or the next step in your property journey. Understandably, once settlement is complete, most buyers can’t wait to receive the keys and start moving in. But when exactly does that happen?
Here’s a detailed guide to help you understand the process of receiving the keys to your new property, tailored for homebuyers in the Northern Rivers region, including Tweed Heads, Ballina, Byron Bay, Lennox Head, Lismore, Casino, Yamba and surrounding areas.
The Settlement Process: How It Works
Settlement marks the official transfer of ownership from the seller to you, the buyer. It’s the point at which the funds for the purchase are exchanged, and the property legally becomes yours. The process usually unfolds as follows:
Settlement Completion
The transaction is settled, meaning the agreed-upon funds are transferred to the vendor (the seller).Order on the Agent
Once settlement is complete, the vendor’s conveyancer sends an "Order on the Agent" to the real estate agent. This letter authorises the agent to release the keys to the new owner.Notification from Your Conveyancer
Your Northern Rivers conveyancer will contact you as soon as settlement is complete to confirm the property is now yours.Key Collection
After receiving confirmation, you can contact the real estate agency to ensure the keys are ready for collection. Once confirmed, you’re free to pick them up and begin the exciting process of moving into your new home.
Key Points for Northern Rivers Buyers
If you’re buying property in Ballina, Byron Bay, or any surrounding towns, working with a local conveyancer ensures the settlement process runs smoothly. They understand the unique requirements of property transactions in the Northern Rivers and can navigate any local nuances that may arise.
Celebrating Your Settlement Day
Moving day can be hectic, so it’s a good idea to plan ahead:
Organise Dinner in Advance: After a busy day of moving, you may not feel like cooking. Consider ordering takeaway or making a reservation at one of the great restaurants in Byron Bay, Lennox Head, or Ballina to celebrate your new home.
Prepare a Moving Day Kit: Pack essentials like cleaning supplies, snacks, and toiletries to make your first night easier.
Why Work with a Northern Rivers Conveyancer?
Having a reliable and experienced conveyancer by your side makes all the difference during settlement. At GJ Conveyancing, we handle every detail of the process to ensure a smooth transaction. From contract reviews to final settlement, we keep you informed every step of the way.
Our local expertise spans across Northern Rivers, including Ballina, Byron Bay, Lennox Head, Lismore, and surrounding areas. With fixed-fee conveyancing and a focus on personalised service, we’re here to make your property transaction as stress-free as possible.
Ready to Receive the Keys to Your Dream Home?
Whether you’re buying a coastal retreat in Byron Bay, a family home in Ballina, or an investment property in Lennox Head, GJ Conveyancing is here to guide you through the process. Contact us today to learn more about our expert conveyancing services in the Northern Rivers.