Conveyancing News
Stamp Duty Qld : How to Calculate Transfer Duty on Multiple Transactions
Combining Dutiable Transactions
The transfer duty on multiple dutiable transactions must be added together and treated as a single transaction. These transactions can only be combined however when they are ‘related’ - meaning they form one arrangement or are ‘aggregated’ based on certain factors.
Aggregation of dutiable transactions is compulsory under section 30 of the Duties Act 2001.
When addi.....
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Conveyancing Finance Approval Help for Buyers
We’ve compiled our conveyancing buyer's information for finance approval but don’t hesitate to contact us today if you’d like a fixed quote for your new conveyancing contract in Queensland. Don't overpay for conveyancing, our dedicated Brisbane based conveyancing solicitors can help you through the conveyancing process without any hidden extra costs.
Conveyancing Finance Approval Help for Buyers
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First Home Loan Deposit Scheme
The First Home Loan Deposit Scheme (‘FHLDS’) was announced during the recent Federal election.
The new rules state that first time buyers need now only save a 5% deposit when they purchase a new property. Currently most banks and financiers require a 20% deposit before they will consider providing finance for the purchase of a residential property.
The FHLDS will guarantee loans through the Nation.....
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