The A – Z of Conveyancing (B)

The A – Z of Conveyancing (B)

This week in the A – Z of Conveyancing, we’ll go through the commonly used terms in relation to conveyancing, looking at the letter B.   Breach A breach is a failing by one of the parties to a contract to observe or comply with a condition or term set out in the...
The First Home Loan Deposit Scheme

The First Home Loan Deposit Scheme

What this means for you: The First Home Loan Deposit Scheme is a Federal Government initiative designed to assist First Home Buyers enter the property market sooner. The scheme provides loan guarantees to eligible First Home Buyers allowing them to borrow on as little...
The A – Z of Conveyancing (A)

The A – Z of Conveyancing (A)

In our new series on the A – Z of Conveyancing we’ll go through the commonly used terms in relation to conveyancing.   Adjustments These are the outgoings such as council rates, water rates, strata levies and land tax. They may be adjusted on settlement and added...
Purchasing Property – Settlement

Purchasing Property – Settlement

When and where does settlement take place? Your settlement date is determined by the settlement period listed on the contract of sale and the date of exchange of the contract. It is typical that settlement occurs six weeks after the date of exchange however it is...