Conveyancing Old

Buying or selling a property?

Leave the legal matters to us at Credit Hub Australia

It can be quite stressful for both the buyer and the seller when they are about to exchange a land or a property. Hiring a conveyancer in Melbourne to do all the legwork throughout the conveyance process will be wise for both parties- buyer and seller.

Conveyancing is a process involving transferring ownership of legal title of land or property from one person or entity to another. The process of conveyancing involves three steps:

  • before contract
  • before completion
  • after completion

“We at CreditHub Point Cook & Epping have well experienced conveyancers in Melbourne to help you through the process and guide you about each step.”

Benefits of conveyancing

At Credit Hub Australia, our experienced property lawyers can handle almost every possible scenario that comes up in the buying process for you. We can review and negotiate the sale contract.

We manage the seller, the real estate agent, the bank or broker, any settlement agents required, and all their lawyers, on your behalf. This way, you do not have to take extra time off work, which you could better use to move into your new home.

In short, we can guide you through every point in the purchase process, ensuring that you stay prepared and guarded, while also making the settlement as smooth and hassle-free as possible.

Credit Hub Australia provides fixed quotes for all the usual work required in the process of buying a property. This includes different obligations in different states. We assure you that there will be no surprise costs at the end of your purchase, no matter where it is!

The process of conveyancing

The process involved in refinancing a loan is very much similar to applying for a home loan. Generally, these steps are followed for refinancing a loan:

The contract of sale is a very important legal document. Many disputes arise between vendors and purchasers. Consequently, trained experts will prepare the documents. Under various laws, the contract must contain specified documents, certificates and disclosures

When a potential purchaser decides they are interested in purchasing a property, they may make an offer. The vendor may accept this offer, or alternatively, the purchaser and vendor may enter into negotiations over the price and conditions of the sale.

Purchasers may decide to pay an initial deposit as a sign of good faith of their interest in the property. The amount of such a deposit can vary and will generally bedesignated by the vendor or agent. This will not mean that a binding contract exists or that the property is removed from the market. The payment is simply to show the vendor that the purchaser is serious about their offer.

A buyer will have to buy the property if he/she has made the highest bid at the auction. It is important for a vendor to have a conveyancer to make sure that everything is prepared and in order. A buyer will have to be sure of the finance before the auction.

Up until the sale is settled, the responsibility of damage to the property is of vendor but after the purchased has been done, it is purchaser’s responsibility in case of any damage.

Exchange of contract will happen and a deposit will be paid by the buyer.

After exchange, the purchaser of residential real estate may have a time to “cool off”. If a cooling off period is implemented, the purchaser can declare the contract null and void before the end of the cooling off period. Cooling off does not apply to sales at auction

The buyer’s conveyancer will prepare the documents and get it signed by the buyer and pay any stamp duty required. The buyer’s conveyancer will send the transfer to the vendor’s conveyancer to get it signed by the vendor.

The time for completion will be decided by an agreement between the parties.

After the exchange, the buyer’s conveyancer will send a list of formal questions about the property.

Adjustments are made during the settlement period. Usual adjustments are council rates, water rates, strata body corporate contributions, land tax, and rent if the property has tenants.

The sale is said to settle or complete on the day the purchaser pays the balance of purchase money, plus or minus adjustments, to the vendor. On the day of settlement, it is important that a final search of the title is obtained to ensure that the property is clear from any interest or restrictions that may have been recorded between the date of exchange and settlement.

Post settlement, the purchaser or the purchaser’s mortgagee has to register the transfer documents with the Land Titles Office. The Land Titles Office, during this time, advises the relevant authorities that the property has a new owner

Conveyancing fees

Conveyancing fees do not officially have any official charges, but will vary between solicitors and conveyancers. Other than a legal service fee you will usually be charged for ‘disbursements’, which include:

  • a title search
  • certificate fees charged by authorities with responsibility for water, electricity, roads, schools etc.
  • registering the mortgage
  • registering the transfer.

Other than legal fees and disbursements, conveyancing costs may include:

  • building and pest inspections
  • survey report
  • establishment of mortgage
  • home building insurance
  • valuation fees
  • mortgage insurance
  • stamp duty and mortgage duty
  • taxes, if the property is in a strata or community scheme
  • council and water rates.

Legal practitioners and conveyancers must acknowledge the costs to clients, which includes the client’s right to negotiate costs agreement, receipt of bills, and also be advised of changes.

Business conveyancing in Melbourne

If you are planning to purchase or sell a business, professional legal advice is crucial. At Credit Hub, our conveyancers in Melbourne are well-equipped with the thorough knowledge of Australian business laws. We take care of all your needs, starting from the Contract of Sale of the business to Settlement, and guide you through the entire process.

Property sale and purchase in melbourne

Our legal advisors understand that buying and selling a property are big financial decisions and you put in a lot into making it happen. Our conveyancers in Point Cook and Epping are licensed and experienced professionals who give you in-depth legal advice for the transfer of ownership, formulating the legal documentation for you and being your legal representatives during the settlement process.


If subdividing your land is on your mind, Credit Hub conveyancing is the way to go. Our conveyancers in Melbourne walk you through the entire process. Whether it is liaising with your surveyor and lender, or preparing the appropriate documentation for lodging the plan with the Lands Title Office, we are there to take total control of the process so that you can sit back and relax.

Commercial property sale and purchase

Commercial conveyancing is not the same as that of residential properties and that’s why you require the expert advice of Credit Hub’s legal advisers. We ensure maximum legal protection as we follow the process – prepare the Contract of Purchase, procure all pre-purchase documents, negotiate on your behalf, secure Exchange of Contracts, and finally reach Settlement.

Property law

At Credit Hub, our conveyancers in Melbourne address all kinds of legal concerns when it comes to property transactions. We advise on a myriad of issues encompassing preparation or review of contracts for sale, negotiations, commercial leases, business contracts, auction queries, assisting first home buyers, mortgage documents, refinancing, and much more.