First home buyers

Making your dream home a reality. Buying your first home is not just a process, it is a huge milestone fraught with many unknowns. We understand the excitement of the journey coupled with the legal risks and are here to guide you through it.

Handing over house keys

What is conveyancing?

Conveyancing is the legal process of transferring ownership (title) from the Vendor to the purchaser. The process typically involves the following steps:  

  1. Reviewing and providing advice on the vendor statement (known as S32 statement) and contract of sale. 

  1. Transferring legal title between the Vendor and the Purchaser.  

  1. Adjusting Land taxes, council and water rates between the vendor and the purchaser.  

  1. Assisting with the discharge of the vendors mortgage and registration of the purchasers on title.  

  1. Attending to the settlement of the property by using the purchase funds to pay the various stakeholders as directed by the vendor.  

  1. Notifying various authorities such as the local council, water authority and the state revenue office of the acquisition of the property by the purchaser.  

How can we help

Equipped with years of experience, our property lawyers at SettleHub are experts at conveyancing.  

Our service to you is provided using a high degree of technology that is seamlessly integrated with the human touch.  

We believe in educating our clients about the legal process and taking the home buying journey with you. We will advise you on all the steps that need to be taken so that no extra burden is placed on you as you embark on this milestone in your life.  

Our lawyers will work with your mortgage broker or bank to assist you in managing your finance approval process, reducing the time you spend navigating between the two professionals to have your property settled.  

 

first-home-buy

FAQs on first home buying

  • A Conveyancing transaction has many different parties to it. Parties common to most transactions are - The Vendor, Purchaser, Real estate agent, the State revenue office and the bank. 

  • You need a good conveyancer to transact with all these different parties at minimal inconvenience to you. 

  • Moreover, your conveyancer can assist in any negotiations such as extending settlement dates, helping you to obtain extensions to your finance due date. 

  • Lastly, your conveyancer will ensure that the title of the property or asset you purchase is transferred to or from your name legally. 

  • Please visit our conveyancing cost calculator