How it works
Step 1
You complete
our 2-step eligibility form.
Step 2
If you are eligible, a representative of your selected bank will contact you to process your loan application and a conveyancer will contact you to assist you with the conveyancing of your property.
Step 3
Upon settlement, your selected bank pays us commission and we pay the conveyancers’ fees on your behalf.
Disclaimer: Even though we have most major lenders and credit providers on board, we do not have access to all of them, so you must make your own enquiries to see which loan suits your needs the best.
FAQ
What is included in Free Conveyancing Service?
Free conveyancing service includes Conveyancer’s fee for a single conveyancing transaction and excludes disbursements (disbursements are costs typically incurred in obtaining necessary certificates of the property prior to settlement and will be payable by you directly to your Conveyancer. Mostly disbursements would be in the range of $70 to $150 unless the property you are purchasing has an Owner’s Corporation, in which case there will be additional costs to obtain the Owner’s Corporations Certificate. You must discuss these costs directly with your Conveyancer.
Any additional fees incurred by your Conveyancer as a result of your or vendor’s failure to settle the purchase or as a result of default of the Contract by any party, will not be covered by us and will be payable by you directly to the Conveyancer.
Can I select my own Conveyancer?
No. We would assign you a Conveyancer of our choice. All our Conveyancers are fully licenced, insured and experienced.
Am I eligible for Free Conveyancing Service if I buy more than one property?
Yes. You can use our Free Conveyancing Service any number of times.
Will I have to pay the Conveyancer’s fee if my loan is not approved and I have to end the Contract?
Yes. You would be required to pay $220 to the conveyancer in the event your loan is not approved. This is because the Conveyancer would have undertaken preliminary work on your matter including the work associated with ending the contract with the vendor.
Will I have to pay the Conveyancer’s fee if I discharge or refinance the loan or for any other reason?
In some instances, your nominated bank may require us to refund the commission paid in relation to your purchase due to discharge or refinance of loan or for any other reason within the first 12 months of settlement. Should this occur you would be liable to pay us an amount of $880 (incl GST) towards your conveyancing fee.
What if the bank I selected does not approve my loan?
You may contact us and nominate another bank, by using the enquiry form on the Contact us page. In the comments section, you must put in your request to nominate another bank from our panel of banks you wish to apply with. We will confirm, if you would qualify for Free Conveyancing Services with the new bank and re-initiate the process.
Can I change the bank I borrow from prior to settlement?
Yes, you can change your selected bank at any time. However, you must always keep the settlement timeline in mind as you may become liable for penalties and costs should your new selected bank is not ready for settlement by the settlement date. You must put in your request to nominate the bank from our panel of banks that you wish to apply with by using the enquiry form on the contact us page. We will confirm, if you would qualify for Free Conveyancing Services with the new bank and re-initiate the process.
What if I borrow less than the amount I stated in the enquiry form?
If you borrow less than the amount you stated in the enquiry form, commissions payable to us will reduce. Proportionate to the reduction in our commissions, you would be required to pay part of the Conveyancing fee, full Conveyancing fee being $880.
Are you a finance/mortgage brokers?
We are NOT finance/mortgage brokers and are unable to advise you on the loan products available to you. Our role is limited to introducing you to a lender and a conveyancer. You must make your own enquiries about loan products and interest rates. You can also negotiate interest rates directly with the lender of your choice once they have established contact with you.