Buying Property in NSW

Buying a property is a major financial decision. Our licensed conveyancers provide clear, plain-English advice and trusted support from exchange through to settlement, ensuring your purchase is legally sound and stress-free.

What We Help Buyers With

When you engage Strictly Conveyancing, we handle every legal step involved in your purchase, including:

Reviewing the contract before exchange
Conducting property searches and due diligence checks
Providing clear legal advice on risks and conditions
Liaising with your bank, broker and real estate agent
Coordinating settlement from start to finish

Why Buyers Need a Conveyancer

Purchasing property in NSW involves strict legal requirements and timeframes. Once contracts are exchanged, the agreement becomes legally binding.

Without proper review, buyers risk unexpected conditions, financial penalties, or costly delays. A licensed conveyancer ensures your contract is reviewed thoroughly, deadlines are met, and your interests are protected throughout the transaction.

What’s Included in Our Buying Service

Our service covers all essential legal components of your purchase, including:

Detailed contract review and risk advice
Ordering and reviewing property searches
Negotiating amendments where required
Preparing settlement figures and adjustments
Managing settlement with banks, agents and other solicitors

You will receive professional guidance and support at every step of your property purchase journey.

Why Buyers Need a Conveyancer

Before Exchange

Visit the property, obtain a copy of the contract and send it to us for review before committing.

Contract Review & Advice

We carefully review the contract, identify potential risks and explain the key terms, special conditions and any issues that may affect your purchase

Exchange of Contracts

Once satisfied, contracts are exchanged and the cooling-off period (if applicable) begins.

Pre-Settlement Preparation

We order the necessary searches, liaise with all parties to coordinate settlement, and prepare the financial adjustments required for settlement.

Settlement Completion

We coordinate with all parties to ensure funds and documents are exchanged correctly. Once settlement is finalised, you can collect the keys to your new home.

After Settlement

We confirm registration of the property and provide you with the final documents for your records.

FAQs

Common questions buyers ask include:

While it is not legally required, most buyers hire a conveyancer to manage the legal process. Property transactions involve complex contracts and strict deadlines. A conveyancer helps ensure everything is completed correctly.

The cooling-off period allows a buyer to cancel a property purchase after signing the contract. In NSW, this period is usually five business days. A small financial penalty may apply if the buyer withdraws.

A property deposit is usually around 10 percent of the purchase price. It is typically paid when contracts are exchanged. The exact amount may vary depending on the agreement.

Due diligence is the process of investigating a property before completing the purchase. This may include reviewing legal documents, property searches, planning restrictions, and zoning information. It helps buyers understand potential risks.

Once an offer is accepted, the contract of sale is prepared and reviewed. Both parties sign the contract before it is formally exchanged. The conveyancing process then continues until settlement.

It is strongly recommended to have finance approval before exchanging contracts. Once contracts are exchanged, the buyer becomes legally committed to the purchase. Delays in finance may risk losing the deposit.

If finance is declined after contracts are exchanged, the buyer may still be legally bound to complete the purchase. In some cases, the deposit may be forfeited. Buyers should confirm finance approval before exchange.

Yes, buyers may pay additional costs such as stamp duty, conveyancing fees, property searches (pest, building and strata) and government registration fees. Lender fees and inspection costs may also apply. These expenses should be considered when budgeting for a purchase.

Yes, buyers are usually entitled to a final inspection before settlement. This inspection ensures the property is in the same or similar condition as when it was purchased. Any issues should be raised with the conveyancer before settlement.

Yes, buyers and sellers can negotiate settlement terms before contracts are exchanged. This may include the settlement date, deposit amount, inclusions or special conditions. Once agreed, these terms become part of the contract.

The legal conveyancing process is generally the same for both owner-occupied and investment properties. However, buyers should review any existing leases and tenant arrangements. A conveyancer ensures these details are properly documented.