Frequently Asked Questions
Do I need to hire a conveyancer?
No – you can do your own conveyancing if you so wish; it is not a legal requirement to have a conveyancer for either residential or commercial conveyancing. However, conveyancing is an arduous process, and one false move along the way can see you face hefty fines or even lose your deposit on your Newcastle property.
It is always worth paying a solicitor or licensed and experienced conveyancer to do the conveyancing on your behalf, whether you are buying or selling property. The cost you save by doing your own is marginal compared to other fees you have to pay, plus you run the risk of missing vital steps in the process, and you are not insured in case something goes wrong.
When should I engage the services of a conveyancer?
If you’re buying a property in Newcastle or within the Lake Macquarie area, it’s important to discuss your property purchase with a conveyancer as soon as possible – preferably before signing the contract of sale. The next step is to discuss your intention to purchase with your mortgage broker or lender. From there, your conveyancer can negotiate the contract of sale before you sign – if you have already signed, we may be able to negotiate within the cooling-off period.
If you’re buying or selling your Newcastle property, it’s essential to get your contract ready as soon as possible with the help of an experienced conveyancer. As soon as you decide to sell, you should engage the legal services of Entry Conveyancing in Newcastle to prepare your contract and have our team assist your real estate agent in marketing and selling the property. From the moment it goes up for sale to the closing of the deal, we’ll be with you every step of the way.
What does the process look like?
The process of conveyancing services has just one end goal – transferring legal ownership from seller to buyer stress free. Conveyancing work begins when the contract for sale has been received. In most instances, this is when the seller’s agent has sent a signed copy of the contract to the purchasing party’s conveyancing agent. Once this has been signed by both parties, conveyancing work begins to transfer the ownership of the property to the other party.
The process of our conveyancing services usually involves the following steps:
- Prepare, clarify, and lodge relevant legal documents according to property law
- Research the background of the property and title certificate.
- Calculate and inform you of any adjustments arising from rates or taxes.
- Ensuring on-time payment of land tax, water consumption charges and other relevant dues.
- Settle the property on your behalf
- Make sure any agreed-upon conditions within the contract are then satisfied.
What do the Entry Conveyancing fixed fee services include?
Entry Conveyancing’s Newcastle conveyancing services are organised under a fixed-fee basis; this means you won’t be liable for any hidden costs or added fees when choosing us for conveyancing services. Our team are fully licensed and experienced in the legal aspect of the real estate industry. Our services are flexible – both first time home buyers and investment property owners in Newcastle will benefit from our methods.
How long does conveyancing take?
Commercial and residential conveyancing in Newcastle is dependent on the parties involved. As a general guide, Entry Conveyancing speculates the standard settlement period lasting anywhere between 4 – 6 weeks following the exchange of contracts. However, alternative settlement terms can be negotiated between the buyer and the seller prior to confirming the contract. If both parties are willing to settle over a shorter period, then Entry Conveyancing will ensure everything is ready to make this happen.
Can you help me to transfer my property in Newcastle?
Absolutely! Transferring a property is a common service undertaken by Entry Conveyancing. It is a more complex service that many believe, and our process will depend on the type of ownership that is already in place with the property. To transfer your property, our team will take care of all the complicated legal work, and handle appropriate legal documentation and submit it to the relevant bodies on time. We know that conveyancing services in Newcastle involves more than just buying or selling property, and transferring properties between parties is an equally as important issue that demands the utmost diligence.
Are your conveyancer’s solicitors?
Yes – at Entry Conveyancing, we operate with competent solicitors who specialise in property law and conveyancing services. Our conveyancing solicitors/ property lawyers are experienced in dealing with all matters regarding property legalities and can provide expert assistance across all types of conveyancing services and properties in Newcastle.
Where do you service?
Entry Conveyancing service the entire region of New South Whales, including Newcastle and the Newcastle area, Lake Macquarie, Adamstown, the Hunter Region, Cooks Hill, Bar Beach, Hamilton, and Broadmeadow.