Horrocks Solicitors Conveyancing News in Brisbane
Buying off-the-plan in Queensland Conveyancing Help
Following extensive review the Queensland government has reformed the sunset clause laws to further protect consumers. Since November 2023 off-the-plan land contracts can now only be terminated by the Seller using the sunset clause in limited conditions.
APRA Rate FAQS : Home Loan Guide for Buyers in Queensland
According to APRA's rules, banks must have specific basic requirements when evaluating if a borrower can repay a home loan. This includes a minimum serviceability buffer of 3%, which is added on top of the mortgage interest rate.
Conveyancing Guide : Terminating a Contract
Have you signed a house and land contract to purchase in Queensland but are unsure if you can terminate the contract before settlement? Buying a property in Queensland can often easily become a complicated legal process. Horrocks Solicitors have been helping Queenslanders settle their conveyances for over 30 years and are legal conveyancing experts in Brisbane, the Gold Coast and Greater Area. When it comes to contract termination it is strongly advised to contact a conveyancing solicitor to help you through the legal process to avoid any significant mistakes and financial consequences.
Calculate Queensland Transfer & Stamp Duty
What are registration fees when buying a house in Qld? Purchasing property in Brisbane or Queensland includes a fee or tax by the Queensland Government on any dutiable transactions. This tax is called Stamp Duty. When does transfer duty apply? A transfer of real property in conveyancing terms is considered any transaction where you sell, buy or transfer property such as land (house, unit or vacant land) or rights to land in Queensland.
BUYING A NEW HOME - CAN YOU LOSE YOUR BUYER'S DEPOSIT?
Through the steps of buying a new home your Conveyancing Solicitors will help you understand the finance conditions of the contract so that you are prepared in advance for each term to be satisfied by the dates signed upon.
Brisbane Property Market Forecast 2022
Real estate in the Brisbane and greater areas is hot property thanks to historic pandemic interstate migration since early 2020. Buying or selling a house in Queensland has seen an unprecedented demand for Conveyancing in the Australian state.