How Much Does Conveyancing Cost in NSW?
Fixed-fee conveyancing for buyers usually includes all searches and disbursements, whereas a sliding scale rate means that some costs are charged separately. While the base amount may seem affordable and more attractive, it may cost more in the long run and make it challenging to budget appropriately during a property transaction. Buyers can expect to pay an average conveyancing cost in NSW ranging from $1,000 to $2,500.
Why is it Better to Use a Conveyancer than a Solicitor?
Using a conveyancer in NSW is generally more affordable and efficient than hiring a solicitor for property transactions. Conveyancers specialise solely in property law and conveyancing, ensuring a more streamlined, knowledgeable service tailored to real estate matters, whereas solicitors may handle a broader range of legal areas, potentially increasing costs.
Can I Conduct My Own Conveyancing in NSW?
If you want to buy or sell a home, land or investment property you’ll have to have a contract of sale. The legal work involved in preparing the sale contract, mortgage and other related documents, is called conveyancing.
It’s possible to do your own conveyancing, however, there is a lot of work involved in the process, and most people generally get a licensed conveyancer or solicitor to do the work for them. You can search for a do-it-yourself conveyancing kit online.
Should a Conveyancer Be Before or After Offer?
Before. Engaging a conveyancer even before making your offer is a smart decision when buying a property. Whilst not essential, you are dealing with quite a large amount of money, usually the largest purchase an individual will make in their lifetime. There are also contractual obligations that will need to be considered. As most people aren’t property lawyers it is not recommended to sign up without a full understanding or due diligence.
Page Conveyancing is here to ensure you understand what you are buying in terms of the property and the terms and conditions listed in the Contract. Not all contracts are created equal!
