13 Property Terms Every Buyer and Seller Should Know
Buying or selling a home is exciting, but the language used in property deals can be confusing if you are not in it every day. This guide explains some of the most common terms you will come across in contracts and conversations.
Five Common Pitfalls for First Home Buyers
Buying your first home is exciting, but it is also full of fine print, deadlines, and details that can easily trip you up. Most mistakes we see are avoidable with the right advice and preparation. Here are five common pitfalls and how to sidestep them.
Should I Get a Lawyer to Review Before I Sign an Agreement to Buy a House?
Yes, it is usually best to get a sale and purchase agreement checked before you sign. A quick review does not normally cost extra and it can protect you from costly (and not always obvious) mistakes. Getting advice early helps you navigate the process with less stress and can even put your offer in a stronger position.
Deposits Explained: Why Your Bank Deposit and Agreement Deposit Are Not the Same Thing
The word “deposit” gets used in two different ways when you buy a house. The agreement deposit is the amount (usually 5–10% of the purchase price) that you need to pay once the agreement becomes unconditional. The bank deposit is your equity — how much of the purchase price you are funding yourself versus what the bank lends.