Towns Conveyancing Services

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Towns Conveyancing Services We help you through the legal process of buying and selling your residential property.

At Towns Conveyancing Services, we will guide you through all the steps of the conveyancing process ensuring your sale or purchase is completed on time and hassle free. We offer a range of quality, helpful and client focused conveyancing services that will help you successfully complete your sale or purchase. Towns Conveyancing Services provides comprehensive fixed quotes, so you can know exactly what our conveyancing services will cost you. We have been a Finalist 6 years running in the Penrith Local Business Awards, and Winner of the Colin Bruce Award from the Australian Institute of Conveyancers NSW Division Ltd.

Rescission means the contract is cancelled and both parties are returned to where they started. The buyer gets their dep...
12/10/2026

Rescission means the contract is cancelled and both parties are returned to where they started. The buyer gets their deposit back. The sale doesn't proceed.

In NSW, rescission can happen in a few circumstances 👇

📋 During the cooling-off period — a buyer can rescind within 5 or 10 business days of exchange, however you do forfeit the 0.25% holding deposit
📋 If the seller has failed to attach required documents to the contract, in some cases this gives the buyer the right to rescind
📋 By mutual agreement between both parties
📋 If a special condition in the contract allows for it and those conditions aren't met

It's worth understanding why the cooling-off period exists in the first place.

The holding deposit is the vendor's compensation for taking the property off the market during that time. While the cooling-off period is in place, the vendor cannot accept any other offer, which means the buyer is protected from being gazumped.

It sounds straightforward but the rules around when rescission is valid, how it's exercised, and what it costs are more specific than most people realise.

Getting it wrong can be expensive.

Before you sign anything, pause and ask us first.

📍 Towns Conveyancing, Penrith
📩 Questions always welcome — message us today.

What Is a Folio Identifier and Why Does It Matter When You're Buying Property in Penrith?If you've been reading through ...
06/10/2026

What Is a Folio Identifier and Why Does It Matter When You're Buying Property in Penrith?

If you've been reading through a property contract and come across the term "folio identifier", here's what it means in plain English.

A folio identifier is the unique reference number assigned to a parcel of land on the NSW Land Registry. Think of it as the property's legal fingerprint, no two are the same.

It looks something like this: 4/987654

The first number refers to the lot. The second part refers to the plan the property is registered under. For strata plans SP is inserted to distinguish between the two.

Why does it matter? 👇

Every search, every certificate, and every document we order is tied to that folio identifier. It confirms we're working on the right property, the exact lot, the exact title before anything is signed or exchanged.

It's also one of the first things we check in a contract review. If the folio identifier on the contract doesn't match the title records, that's a problem we need to catch before exchange not after.

Most buyers never need to think about it. That's our job.

But now you know what it means when you see it.

📍 Towns Conveyancing, Penrith
📩 Questions about your contract? Message us, we're here to help.

In NSW, stamp duty is paid by the buyer on top of the purchase price and it adds up fast.On a $700,000 home? That's appr...
29/09/2026

In NSW, stamp duty is paid by the buyer on top of the purchase price and it adds up fast.

On a $700,000 home? That's approximately $26,857 on top of your deposit.

Before you start looking, ask yourself:

❓ Have I actually budgeted for stamp duty or just the deposit?
❓ Do I qualify for a first home buyer exemption?

If you're a first home buyer in NSW:

🏠 Under $800,000 — you may pay zero stamp duty
📉 $800,000 to $1,000,000 — a reduced rate applies

These thresholds do change. Always get current advice before you lock in your budget.

Not sure where you stand? That's exactly the kind of conversation we're here for.

📍 Towns Conveyancing, Penrith
📩 Link in bio — questions always welcome.

In NSW, all property settlements are completed electronically through PEXA, a secure digital platform where your conveya...
23/09/2026

In NSW, all property settlements are completed electronically through PEXA, a secure digital platform where your conveyancer, the seller's representative, and both banks come together to transfer funds and register the title in your name. No cheques. No in-person meetings.

It's secure but there's one scam every buyer needs to know about.

Fraudsters pose as your conveyancer and send fake bank details by email, hoping you'll transfer your deposit before you realise something's wrong.

The fix is simple 👇

✅ Never transfer funds based on an email alone
✅ Use the PEXA Key app to enter your banking details securely
✅ Always call your conveyancer directly on a number you already have saved — not one from a new email

That one habit protects everything.

📍 Towns Conveyancing, Penrith
📩 Link in bio — questions always welcome.

Thinking About Selling in Penrith? Five Things to Sort Before Your Home Goes to MarketIn a market where houses are selli...
16/09/2026

Thinking About Selling in Penrith?

Five Things to Sort Before Your Home Goes to Market

In a market where houses are selling in under three weeks, it can be tempting to move fast. But the sellers who get the best outcomes are the ones who prepare properly before the first buyer walks through the door.

Here's what we recommend sorting before your property is listed 👇

📍 Towns Conveyancing, Penrith
📩 Selling soon? Message us before you list — questions always welcome.

$2.1 Billion Worth of New Development Is Coming to Penrith — What Buyers Should Know Before They Purchase Off the PlanIf...
09/09/2026

$2.1 Billion Worth of New Development Is Coming to Penrith — What Buyers Should Know Before They Purchase Off the Plan

If you're considering buying a new apartment or townhouse in Penrith, this is worth understanding before you sign anything.

Penrith is set to see approximately $2.1 billion worth of new projects commence construction this year, with around 1,458 units and apartments planned, most of it mixed-use development addressing both housing needs and commercial growth.

More supply on the way is good news for choice. But buying off the plan or into a new development comes with a different set of risks and a different contract.

Here's what to look for before you exchange:

📋 The sunset clause — how long the developer has to complete the project, and what happens if they don't
📋 What's actually included in your purchase and what can change before completion
📋 Body corporate levies and what the strata scheme looks like financially
📋 Whether your stamp duty concessions still apply at the time of settlement, not just when you sign

Penrith units currently sit at a median of around $590,000 to $600,000, comfortably within the first home buyer stamp duty exemption threshold of $800,000, which makes them an attractive entry point. But only if the contract is right.

At Towns Conveyancing, we review off-the-plan contracts as carefully as any other and there's usually more to look at, not less.

📍 Towns Conveyancing, Penrith
📩 Message us before you sign anything — questions always welcome.

NSW Is Cracking Down on Underquoting If you're selling in Penrith, this one's important.NSW Fair Trading is strengthenin...
03/09/2026

NSW Is Cracking Down on Underquoting

If you're selling in Penrith, this one's important.

NSW Fair Trading is strengthening enforcement against underquoting practices to improve transparency in the property market. Agents and vendors must now ensure all pricing representations are accurate and supported by evidence. Any misleading or unrealistic price indications may lead to substantial penalties and could ultimately delay or compromise a sale.

In plain English — if the price guide on your property doesn't reflect what you're actually willing to accept, your agent could be in breach of the law. And that can create complications for your sale.

As a seller, here's what this means for you practically:

📋 Make sure you and your agent are aligned on a realistic, evidence-based price guide before the property is listed
📋 Keep records of how your asking price was determined
📋 Understand that an underselling strategy designed to generate competition can create legal risk if it crosses into misleading territory

Getting the legal side of your sale right from day one, including your contract, your disclosures, and your pricing approach.

Before your home goes to market, pause and ask us first.

📍 Towns Conveyancing, Penrith
📩 Message us for a pre-sale contract review

Auction week is closer than you think. Here's what needs to happen before you raise that paddle. 👇Earlier in the week📋 G...
28/08/2026

Auction week is closer than you think. Here's what needs to happen before you raise that paddle. 👇

Earlier in the week
📋 Get the contract of sale reviewed — before auction day, not after. This is the most important thing you can do.

📋 Confirm what's included in the sale and that the settlement date works for your situation.

📋 Book your building and pest inspection. If it's a strata property, order the strata report too.

Mid-week
💰 Confirm your finance is fully in place — pre-approval is not the same as approval. Know your limit before you walk in.

📋 Have your deposit ready to go. At auction, there's no cooling-off period. If you're the winning bidder, you're committed on the spot.

Day before
✅ One final read of the contract with your conveyancer.
✅ Know your maximum number and stick to it.
✅ Have your deposit cheque or bank transfer arranged and ready.

Unlike a private sale, there's no cooling-off period at auction. What happens on the day is binding.
The buyers who walk in confidently are the ones who did the groundwork earlier in the week.
We're right here in Penrith and happy to talk you through it, no jargon, no stress.

📍 Towns Conveyancing, Penrith
📩 Send your questions via DM

Thinking about transferring a property to your kids, parents, or another family member? It's more common than you'd thin...
25/08/2026

Thinking about transferring a property to your kids, parents, or another family member? It's more common than you'd think and for all sorts of reasons.

But here's what most people don't realise until they're already in the process:

📋 Formal paperwork is still required, even between family members. There are no shortcuts, regardless of how well you know each other.

📋 Stamp duty still applies in most cases, NSW Revenue doesn't make exceptions for family transfers. There are limited exemptions, but they have strict eligibility rules.

📋 If there's a mortgage on the property, your lender needs to approve the transfer before anything can proceed.

📋 Both parties need to have their identity verified, even if you've known each other your whole lives. That's the law now, and it applies to every transaction.

The biggest mistake we see? People leaving it too late and discovering the complications when they're already under pressure.

Getting proper advice early makes the whole process smoother.

At Towns Conveyancing we'll walk you through exactly what's involved, what it costs, and what to expect.

📍 Towns Conveyancing, Penrith
📩 Drop us a message or give us a call

Thanks for the kind words Lisa 🙂
20/08/2026

Thanks for the kind words Lisa 🙂

Address

1 Kennedy Drive
Sydney, NSW
2750

Opening Hours

Monday 8:30am - 5pm
Tuesday 8:30am - 5pm
Wednesday 8:30am - 5pm
Thursday 8:30am - 5pm
Friday 8:30am - 5pm

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