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Buying Property

helping you Buy property

The Conveyancing Process For Buying Property: Financing & Offers

buying property

Step 1: Get Financing From Your Chosen Lender

If you’re planning to finance your home purchase with a mortgage, it’s important to get pre-approval from your chosen lender before making an offer. This will give you an idea of how much you can borrow and avoid any surprises later on.

Step 2: Make An Offer To Property Agent

Congratulations on taking the next step in your journey towards purchasing your dream home! You’re on the brink of making an official offer to the agent, and once they accept, we at the Solicitors’ office will be informed immediately. Exciting, right? After your offer is accepted, the seller’s representative will prepare a contract with all the necessary information, including your personal details, the purchase price you’ve put forth, and any special conditions related to the sale.

But wait, there’s more! In addition to sending your information to the seller’s representative, you’ll also need to inform your lender of the property details and our contact info. That way, they can arrange for a property valuation before giving you the final go-ahead for your loan. Keeping them in the loop will help you move through this process with ease. We’re here to help!

Step 3: Pay The Deposit & Exchange Contract

As your trusted team of real estate experts, we want to ensure our clients have a clear understanding of the process involved in buying property. Once we receive the contract from the seller’s representative, we will schedule a meeting with you to go over all the necessary details and points of the agreement. We understand that contracts can be complex and sometimes confusing, so we will walk you through it step-by-step while answering any questions you may have. 


During our meeting, we’ll also discuss the payment of the deposit, which is usually 10% of the purchase price. In addition, we’ll investigate whether you are eligible for any government grants to help make the purchase process smoother. If you are interested in other financial options, such as Deposit Bonds, our team is available to discuss these options with you.



Once you have signed the contract and paid the deposit, the seller’s representative will exchange the contract. Our team will then work closely with your chosen lender to ensure the funds are available on settlement day. Rest assured that we will keep you informed throughout the process, including if any additional funds are required. We take pride in being thorough and transparent throughout the property purchasing process, and we look forward to helping you with this exciting milestone in your life.

Step 4: Property Settlement

Congratulations on making it to your final step of buying property! Settlement is the exciting last stage of this process, and typically occurs 35-42 days after contracts are exchanged. We will make sure to keep you informed prior to settlement regarding the outstanding amount due, ensuring it is adjusted for items including council rates, water rates and usage. At this point, we will “Stamp” the contract and collect the Stamp Duty alongside your purchase price. If you’re interested in figuring out exactly how much your Stamp Duty will be, we recommend checking out our helpful Stamp Duty calculator toolBut don’t worry – any other adjustments required by your contract will be made as well.


We’d like to take a moment to give you an update on the convenient, secure and fast online conveyancing process we use via PEXA. It is now the preferred method for conducting settlements, as it provides many benefits, including immediate registration of the transfer upon settlement. This will give you peace of mind knowing your name is officially on the property title. Let us know if you have any questions or concerns about this process, as we are here to help you every step of the way!

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