Have your finances in order early
Have your finances in order early
If you need finance to fund your purchase, meet with your chosen lender or mortgage broker early on in your search in order to get loan pre-approval (sometimes called approval in principle) and ascertain how much money you can borrow. This way you will be ready to act as soon as you see something you’re keen to buy, with your lender quickly able to give you final loan approval for your purchase if you meet all of the necessary criteria.
Finding a complete step by step process to walk you through the first home buying process can be tricky.
We’ve made the research process easy - complete this checklist to go from a novice to a know-it-all.
It’s as easy as ‘look, learn, loan’.
Engage a conveyancer or lawyer
Engage a conveyancer or lawyer
To undertake the conveyancing work for your purchase you will need to engage a solicitor or a registered conveyancer. Solicitors are often recommended when contracts are not straightforward and are likely to require complicated legal work. However, as experienced conveyancers specialise in conveyancing work they are ideal in most circumstances. In fact, many law firms employ registered conveyancers to undertake their conveyancing work.
