Five things to consider when purchasing a residential property

When it comes to buying a property, it’s fair to say it’s going to be one of the biggest purchases you ever make. It’s one of the most complex, too. Contracts of Sale and Section 32 Statements can be a challenge, but they don’t have to be difficult. With a lawyer providing guidance each step…

Noticeable wave of regional migration after COVID-19

Robertson Hyetts reports a 67 per cent rise in property transactions over summer in Bendigo, in comparison to the same time last year. First home buyers, families and retiring baby boomers are part of the noticeable wave of regional migration after COVID-19. Robertson Hyetts Director Janelle Brown said that Spring and Summer were some of…

5 key things you need to know about stamp duty in Victoria

Every property purchase comes with costs beyond the deposit and mortgage. But, it’s the amount of land transfer duty (often referred to as stamp duty) payable that’s likely to surprise you. To complicate things, there’s no standard rate of stamp duty in Australia. Instead, each state has its own rates, and the money collected goes…

Invest in professional advice before buying property

Buying a property is likely to be the most expensive purchase you make. So it is a wise investment to get professional legal advice prior to signing a Contract of Sale says John Wellington, property and business advisory lawyer at Robertson Hyetts Lawyers and Conveyancers. Some purchasers of residential and commercial property may not be…

Update to the Homebuilder Scheme

With the enforcement of Level 4 lockdown restrictions in metropolitan Melbourne and Level 3 lockdown restrictions in regional Victoria the Government has recently announced a three month extension to the time to commence construction of a home under the HomeBuilder scheme. This announcement will come as a relief to many Victorians given the current pause…

What you need to know about the HomeBuilder scheme

With the Government’s HomeBuilder package announced on 4 June 2020, home owners or those looking to build could receive $25,000 for the purpose of renovating an existing house or building a new one. So what is the eligibility criteria and what do you need to know?   • You will need to spend to receive.…