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BUYING PROPERTY

This page will outline the Conveyancing process for those who are in the process of buying property or making preparations to buy property in the future.

The first steps that a purchaser should take are:

  • Deciding on a Solicitor or Conveyancer to hire.
  • Requesting a copy of the Contract of Sale for prospective properties.
  • Obtaining pre-approval finance.
selling property

A property must have a Contract of Sale prepared before it can be advertised. This means you can obtain a copy for your Conveyancer or Solicitor to review prior to attending any auctions or open homes. This is advantageous because:

  • You can buy on your terms – Occasionally, a selling party may include a clause in the contract, that works in their favour, such as an extended settlement period. A Conveyancer or Solicitor is able to negotiate these clauses and possibly have them altered or removed. Ideally, the contract will be standard and mutually beneficial.
  • You can learn more about the property – The contract will include information such as inclusions (i.e. stove and light fittings), exclusions, town planning (i.e proposed constructions that could block your view), zoning, property certificates, cooling off periods, et cetera. This information is vital and may affect your original evaluation.

What our clients say about us

Stacey Sullaphen
Stacey Sullaphen
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Nothing but praise for HLC who handled our purchase right on the border of NSW & QLD, making it tricky indeed. Sue & her team kept on top of everything and informed us every step of the way! Would not consider using anyone else for our Conveyancing or legal needs.
Rick M
Rick M
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I cannot begin to say how easy purchasing a home was with the help of Hunter legal and Conveyancing. Sue and the team made a difficult task simple. I will definitely be using HLC for my next house.
Shane Nevin
Shane Nevin
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I couldn't have asked for better service than what i received from Dawn when purchasing our block of land last year. Very helpful, extremely professional, service with a smile. 🙂
Karen Fenning
Karen Fenning
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Highly recommend Hunter Legal & Conveyancing , Sue and her Team went above and beyond for us they came to our home to sign our new House Contract when it was difficult for us to get out and about with our disabled son.
Leanne McDonnell
Leanne McDonnell
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The Team @ Hunter Legal & Conveyancing are exceptionally great @ what they do as a team, their excellence to detail and support were outstanding, Thanks to Sue and The Team, from the front desk to beyond you all went out of your way to help me achieve the purchase of my new property. I would highly recommend Hunter Legal & Conveyancing. Thankyou ALL again. Leanne. Kurri Kurri.
Steven Sales
Steven Sales
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No mucking around, they just get in and get the job done. Friendly staff Made the process of buying a house less stressful
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Vicki Hobbs
Vicki Hobbs
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I have found them most helpful, with the sale of my house. You would be happy with their service if you went with them.
Mathew Sefian
Mathew Sefian
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Incredible work. I needed people on the ball, proactive and experienced enough to navigate a settlement in 5 days after an exchange. Any one who knows property, banks and sollicitors knows this is a big ask. Hunter legal were all over it !!! And we did it. Great work cant say enough about this team.
Brad Driscoll
Brad Driscoll
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Erin and the team from Hunter Legal and Conveyancing were a pleasure to work with. Made the process straight forward and easy to manage.
Toni Walsh
Toni Walsh
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I work with Hunter Legal on a daily basis and always find them easy to communicate with, always friendly and happy to help any way they can. Would happily refer them to anyone who is wanting to buy or sell real estate.
Chris Lyttle
Chris Lyttle
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The team at hunter legal are very helpful and where able to sort everything out while I was working away. Ebony done an excellent job with the sale of my house and buying my new house.
Darren Doyle
Darren Doyle
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The staff have been awesome right from when I called to get there help in buying our home, highly recommended HLC to everyone looking for professional help in anyway. Thank you so much Susanne you made our job easy. Keep up the great work.
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Kathie Morris
Kathie Morris
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Big thank you to Ebony, Erin and team for handling both property sales and purchases for us recently. All transactions were delivered professionally and thoughtfully, considerate of our time and availability.
Ryan Drury
Ryan Drury
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Fantastic service. Went above & beyond with my recent home purchase. Highly recommend this professional crew. Special shout out to Jasmine for her fantastic efforts. Thank you so much.
Trevor Laker
Trevor Laker
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Sue and Ebony were amazing after having a bad experience with another conveyancer, a pleasant and easy transaction and nothing was to much trouble for these girls. We would have no problem recommending them they at least sell peace of mind when they take you on as a client.
Terry Bradley
Terry Bradley
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Having moved from interstate and not knowing anyone, Sue was recommended by the real estate agent. She was very friendly and pleasant to deal with especially when we had dramas. Would highly recommend their services.
Kasey Williams
Kasey Williams
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Ebony and Erin assisted me in purchasing my first home. They were incredibly professional and guided me through every step of the process, answering all of my questions and providing valuable assistance along the way. Thankyou so much!
Steve Jarmain
Steve Jarmain
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I have engaged Sue and the friendly team at Hunter Legal twice in 12 months on Conveyancing and purchasing realestate. its a pleasure dealing with such professionals. They are very efficient, have great communication and are very approachable. I highly recommend Hunter Legal and will continue to use their services in the future. Again well done to Sue and your proactive team.... Thank you...
Danielle Fox Harland
Danielle Fox Harland
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Sue Mosley and her team at Hunter Legal and Conveyancing were a pleasure to work with. Sue and Jasmine have a straight forward approach to Conveyancing and legal matters which made the process of purchasing a property stress free and easy. Her honesty, expertise and in depth knowledge enabled us to achieve a property settlement in a short amount of time. Sue and her team went above and beyond our expectations in all areas of customer service and legal representation. We would highly recommend Hunter Legal & Conveyancing.
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THE PROCESS OF BUYING PROPERTY

The below diagram represents the course a person will go through when selling a property.

BUYING IN NSW - WHAT YOU NEED TO KNOW

Pest and Building Inspections
You are not legally required to acquire pest and building inspections before purchasing a property, however, they are very important. The reports are relevant for knowledge of the property, identifying risks, future maintenance and can also play a role in negotiations.
When buying at private treaty – The purchaser should organise pest and building inspections during the cooling off period after contracts have exchanged.
It should be noted, during a private treaty sale, a vendor can verbally accept an offer, then allow the person to organise (and pay for) pest and building inspections, and then decide to sell the property to another buyer. This is known as gazumping, and the person will forfeit the costs of the inspections and miss out on the property. You can contact us to learn more about avoiding gazumping.
When buying at auction – The purchaser should organise pest and building inspections prior to attending the auction. The purchaser or their Conveyancer is able to organise these inspections with the selling party before the auction, giving the buyer time to consider the findings.

Occasionally, a seller may organise pest and building inspections of their own property. When these are performed by a reputable company, it can improve the peace of mind for buyers and potentially increase the interest in a property. In addition to this, buyers can also obtain their own inspections, for total confidence.
Please note, Hunter Legal & Conveyancing is able to organise fully licensed and qualified professionals on your behalf.

NSW Taxation & Other Costs
Stamp Duty – When purchasing a property, the NSW Office of State Revenue will impose a levy, which scales with the purchase price. For example, for a owner-occupied property that costs $530,000, the stamp duty would be $19,340. In NSW, first home buyers are often eligible for a concession to this levy, visit our first home buyers page to learn more.
There are many variations to be considered when calculating stamp duty. Contact Revenue NSW or ask your Conveyancer to calculate this for you.

How you pay for everything
The majority of the time, when a person is obtaining loan approval for a property, the bank will also allocate money towards the upcoming legal and associated costs. The Conveyancer will use these additional funds to pay for the legal costs on their client’s behalf.
As an example, buyers don’t need to directly liaise to Revenue NSW when paying stamp duty. The Conveyancer simplifies the process by performing these tasks for their client, and then lists these costs as disbursement fees on their invoice.

FAQ

No. However, if you would like to negotiate a different purchase price and we’re instructed by you to forward this to the selling party’s legal representation, then we can perform this. In terms of directly negotiating with the sales agent on the purchase price, this is not something we can do.

No. After contracts are exchanged, the selling party is legally required to sell.

We would recommend you obtain a copy of the contract and forward it to us for review. We offer complimentary contract reviews.
As mentioned in our selling property page, a Contract of Sale must be prepared before a property can be advertised. So whether you’re attending an auction or a private sale, you can contact the seller and obtain a copy of the contract in either circumstance.
Auctions can be high pressure situations. So by having our Conveyancers peruse the Contract of Sale prior to attending, you’ll be in a much better position to make a confident decision on the property.

No. In more complex scenarios like this, we often recommend you engage a quantity surveyor, which we can organise on your behalf. A quantity surveyor will be able to perform these calculations for you, so you can make a better financial decision.

HOW WE CAN HELP

If you decide to call HLC, and provide us with an overview of your buying situation, we can give you a quote and some guidance over the phone. We do this so;
    • You’re aware of the pricing up front and can save time
    • You can ask any preliminary questions
    • We can obtain the Contract of Sale and review it for free
We are able to guide you through the entire purchasing process. Everything is performed in compliance with the NSW Conveyancing Act. We will also take care of the following:
    • Helping you prepare to buy at auction or private sale
    • Educating you on the contract of sale, and how this affects you both in the short and long term
    • Organising pest and building inspections upon your instruction
    • Making enquiries about the property, such as council planning and conducting title searches
    • Liaising with all relevant stakeholders, such as mortgage brokers, vendors and councils

Fences can cause an array of problems for adjoining property owners. Before purchasing a property, ensure your Conveyancer performs thorough groundwork on the property so you can avoid problems before they surface. For more information read our article on property fencing.

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