SELLING PROPERTY IN NSW – CONVEYANCING FEES EXPLAINED
Property conveyancing services are vital if you want to legally transfer ownership from one party to another. Unfortunately, conveyancing quotes can be frustratingly complicated if you contact the wrong provider. The broad range of paperwork requirements and council restrictions that exist means the fees you can expect can vary considerably.
This article is will take the guesswork out of conveyancing fees and estimates. You’ll leave with a better understanding of what to expect.
Property Type
The type of property in question is perhaps the most significant factor that influences conveyancing fees. The age, status, location, and size of a building will determine how much it costs to search.
In this context, a ‘search’ refers to the gathering of information pertinent to the sale. This includes zoning details, strata information, heritage listings, property plans, and upcoming construction projects in the area. Without a full picture of the property and its surroundings, it’s far more difficult to tell if you’re investing well.
While essential, searches represent a significant commitment of both time and resources. Sometimes the age or location of a property means that more searches and background checks are necessary. For this reason, search costs will fluctuate regardless of which property conveyancing services you choose.
As each property is different, it’s impossible to get instant conveyancing quotes for searches. We’ll take the time to gather all the information we need before giving you a quote. This way, you can avoid surprise fees or cost increases.
Time and Effort
As mentioned earlier, the amount of time and effort required for your specific conveyancing needs will influence your final bill. With this in mind, there are two main questions to answer when looking for conveyancing quotes.
Will I be Charged an Hourly Rate or a Flat Fee?
This depends on the specific provider you choose. Some conveyancers will offer quotes based on an estimate of hours. Be aware that if the work gets extended, you’ll be charged more than you were quoted. Our fixed-fee conveyancing quotes make it much easier to compare costs and temper expectations.
We offer fixed-price conveyancing for most of our services. Our search fee is variable to account for the broad range of requirements associated with each council and property type.
Our conveyancing fees are designed to be transparent and easy to understand; we know how important it is to earn your trust.
At KD Conveyancing, we offer a range of services designed to mitigate the potential of legal fees and extra costs. We work hard to make sure the price we quote you is the price you’ll pay. Our role is to turn houses into homes.
Conclusion
Legal conveyancing can be overwhelming to the uninitiated, but it’s far from impossible with the right team. Get in touch today for a free quote.
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With over 15 years experience in the conveyancing industry, you can rest assured your property matter will be handled with professionalism and Integrity. We are cost conscious and therefore implement a fixed fee structure ensuring you will not have any nasty surprises at settlement. We will communicate with you in plain terms - no legal jargon!