Conveyancing fees explained when buying in VIC

submitted 3 weeks ago by vinceconnor27 to business

The truth is, conveyancing quotes are complicated and confusing. But don’t worry, we’ll help take the guesswork out of fees and estimates, so you can make the best decision for you and your needs. Because every property is different, it means different paperwork is required and different councils are involved – this equals varied costs.

Below we go into a bit more detail.

The type of property affects the conveyancing cost To safely and legally transfer ownership of a property you need to do ‘searches’. Searches mean gathering information from local councils and authorities about the property. Searches are essential, but they each come at a small price. The costs are different because, as you can imagine, the information you need about a heritage listed manor house will be different from an inner-city apartment. It’s a bit like a medical check-up for the building. Depending on the age, symptoms, and history of a patient, a doctor may need to run more or fewer tests to know if they’re healthy, and the same is true with property searches.

So, since each property is different, it’s impossible to get an accurate quote instantly and with just a few clicks on a website. It’s our job to get as much information from you before we can provide an exact cost. If a company is promising you a specific price, then they’re probably making a promise they can’t keep, or they’ll hide the actual costs somewhere else in your bill.