Conveyancing done right
Fast, efficient, and hassle-free support for your property move
“Buying or selling a property doesn’t have to be stressful. SBS Lending provides expert conveyancing services to guide you through every step, from contracts to settlement. Fast, reliable, and hassle-free—so you can focus on your move with confidence.”
FAQS
Frequently Asked Questions
Q: What is conveyancing and why is it important when I'm getting a home loan?
A: In New South Wales, you can use either a licensed conveyancer or a solicitor for property transactions. Both are qualified to handle the legal process. A licensed conveyancer specializes solely in property transfers, while a solicitor has a broader legal background. For a standard property sale or purchase, both are well-equipped. If a complex legal issue arises during the process, a solicitor may have a wider range of legal expertise.
Q: What are the typical costs for a conveyancer in Sydney?
A: Conveyancing fees in Sydney typically range from around $1,000 to $2,500 for a standard residential property transaction. These fees can vary depending on the complexity of the sale, the type of property (e.g., house, apartment, off-the-plan), and whether the conveyancer charges a fixed fee or a percentage of the property price. There will also be “disbursements” on top of the professional fees, which are costs for things like title searches and government certificates.
Q: What happens if I want to pull out of a property purchase?
A: In NSW, residential property sales typically have a 5-business-day cooling-off period after you exchange contracts. During this time, you can legally withdraw from the sale, but you may have to forfeit 0.25% of the purchase price to the seller. This cooling-off period can be waived, particularly in auction situations, so it is vital to have your conveyancer review the contract before you sign it.