Purchasing
Buying a property is likely the largest commitment you'll make. We handle every legal step so you can move forward with confidence.
Reviewed by Brenda Gately, Licensed Conveyancer (NSW Licence No. 05006556)
Before you sign, we review the contract of sale in full — flagging unusual special conditions, easements, inclusions and anything that could cost you later. We order and interpret the planning certificate (s10.7) and other searches so you know exactly what you're buying.
Through exchange and the cooling-off period we manage correspondence with the vendor's representative, advise on deposit and finance timing, and keep your matter moving. At settlement we attend to adjustments, coordinate with your lender, and confirm the transfer is registered.
Purchasing questions
- How long does settlement take?
- Most NSW and VIC residential matters settle 6 to 8 weeks after exchange. Off-the-plan and property developer matters can take considerably longer and depend on registration.Read: Top Tips to Avoid Settlement Delays
- Do I need to review the contract before I sign?
- Yes — always. Pre-purchase review is the single most valuable step in any property transaction, and we offer it as a stand-alone engagement.Read: Why You Should Contact a Conveyancer Before You Sign a Contract
- What's involved in the cooling-off period?
- In most Australian states, buyers have a short cooling-off period — typically 2 to 5 business days — after signing the contract, during which they can withdraw, usually with a small financial penalty. We'll walk you through the exact timeframe and your rights before you sign.
- What happens on settlement day?
- Settlement day is when legal ownership is officially transferred to the buyer. We make sure funds are exchanged correctly, coordinate with the banks and the other party's representative, lodge the transfer with the Land Registry, and confirm with you once it's complete.
- What should I watch out for?
- The most common pitfalls are unapproved building work, caveats or easements on the title, and unfavourable contract terms. A thorough pre-purchase review picks these up before they become a problem.
- Can I use the same conveyancer as the other party?
- It's legally possible in some cases, but we don't recommend it. Each party should have their own conveyancer so their individual interests are properly represented.
Learn more about purchasing
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