Canning Craymer Conveyancing

12/09/2024

📣 Attention Queensland Home Buyers, Sellers, and Investors! 🏡

Big news in the rental market! 🌟 Queensland’s rental laws have recently been updated, and here's what you need to know:

🚨 New Rental Increase Rule: Rental increases can now only occur once per year for each property, regardless of tenancy or ownership changes. This aims to bring more stability and predictability to renting. 📆

🔍 Investors, pay attention: It is now mandatory to include the current rental price and the date of the last rental increase in a sale and purchase contract. This ensures transparency and helps you navigate the new regulations effectively.

Staying informed and compliant is key to making smart investment and rental decisions. Have questions or need assistance? Don’t hesitate to reach out—we’re here to help! 🤝

22/02/2024

01/12/2023

19/11/2023

https://www.9news.com.au/national/queensland-news-government-doubles-first-home-owner-grant-to-30k/1ad6cd9b-cff9-4dbf-a5dd-2fff512334da

Queensland doubles first home owner grant to $30,000By Rhiannon Tuffield7:56pm Nov 19, 2023 Tweet Facebook Mail First home buyers in Queensland will be able to access $30,000 under a new scheme that has doubled the first home owner grant.The Queensland government today announced the grant would a...

10/11/2023

https://www.9news.com.au/finance/interest-rates-australia-big-four-banks-increase-standard-variable-mortgage-home-loan-rates-november-rba-decision/5ef7a971-fb6b-4f78-8e55-d670992596bb

All big four banks move to hike rates after RBA decisionBy Daniel Jeffrey4:51pm Nov 9, 2023 Tweet Facebook Mail All of Australia's big four banks have hiked their variable home loan rate following the Reserve Bank's interest rates increase on Tuesday.The RBA pushed the official cash rate up by 25 ba...

06/11/2023

What’s the difference between purchasing as Joint Tenants or Tenants in Common?

‘Joint Tenancy’ is when you own the property jointly, with a 50/50 share. The most important thing to note about purchasing as a joint tenant is that when one of the joint tenants dies, the property will automatically pass to the surviving joint tenant(s).

‘Tenancy in Common’ is when ownership of the property is split. Tenants in Common can have equal, or unequal shares. For example, one individual could have a 1% share and the other could have a 99% share. Should one tenant die, their share does not automatically pass to the surviving tenant(s) and instead, can be left in a will to an individual of their choosing.

There are many things to consider when purchasing jointly and it is important to seek legal advice to ensure you make the right decision and ensure your interests are protected. Should you require assistance, please do not hesitate to reach out to our friendly team.

Give us a call: (07) 5581 3000
Check out our website: www.canningcraymer.com.au
Send us an email: [email protected]

02/03/2022

Q: Who bears the risk if the property I'm buying is damaged before settlement?

A: The property is at the buyer's risk from 5pm on the first business day after signing the contract.

24/02/2022

Q: Can you act for both purchaser and seller?

A: A professional law firm should never act for both buyer and seller to avoid conflict of interest. A solicitor needs to remain impartial and independent.

15/02/2022

Q: What can I do to make sure my conveyance progresses smoothly?

A: Communications will be conducted electronically. You need to read emails and letters thoroughly and understand what instructions are sought of you. Make sure to ask questions promptly.

10/02/2022

Q: Who will be handling my conveyance?

A: You need to know who will be handling your conveyance so you know they have the necessary expertise and experience to get the job done and settle on time.

02/02/2022

Q: What are disbursements going to cost me?

A: Conveyancing will involve additional costs apart from the professional fees of your solicitor e.g. stamp duty and registration fees.

Head to our website for the full list of potential additional expenses.

https://canningcraymer.com.au/

24/01/2022

Q: How much will your conveyancing services cost me?

A: You should only instruct a solicitor who is charging a fixed rate for services and you know what it's going to cost you. Cut-price conveyancing can often mean cut-price servicing.