New requirements for off-the-plan contracts from 1 December 2019
The NSW Government has announced changes to off-the-plan contract laws which are set to take effect from 1 December 2019. These changes will apply on the commencement of the Conveyancing (Sale of Land) Amendment Regulation 2019 and Conveyancing Legislation Amendment Act 2018. The key changes are listed below. Disclosure Statement The new laws will require […]
Skies are blue for first time home buyers as APRA loosens mortgage restrictions
The Australian Prudential Regulation Authority (APRA) have relaxed their mortgage assessment guidelines, making it exceptionally easier for first home buyers to secure a home loan. APRA was established by the Australian Government in 1998 and oversees the activity of different institutions across banking, insurance and superannuation. They aim to maintain order to promote a stable […]
Accessing your Neighbours Property to carry out work
In some instances the courts may impose an easement or access order when conflict arises over access to neighbouring land and negotiations between the parties have failed. For example, if a house is built up against or very close to the neighbouring property, it may be necessary for the owners to enter the neighbouring land […]