Buying your home

Some common questions about buying a house:

If you need financial assistance to buy a house, finding a loan (or mortgage) is an important step in the process towards owning your home. The property you are buying essentially acts as security for the mortgagee (the lender) so if you fail to make your loan repayments, the mortgagee can sell your house to pay the debt. When deciding on the loan that best suits you, you need to consider the term of the loan (the length of time you have to repay it), the principal to be borrowed (the amount you are borrowing) and the the amount of interest to be paid. A Stacks Conveyancer can go over the terms of the loan with you and answer any questions you may have. We will then work with your finance provider throughout the conveyancing process to make sure they have all of the necessary documents, and to help speed up your loan approval.

It’s a tax charged by the government when you buy a house. The amount will depend on the property’s value, and whether you are entitled to any concessions such as the First Home Owners grant.

After you sign the contract of sale there is a period of 5 days during which you can change your mind (unless you have agreed to waive those rights.) If you decide not to go ahead, you will lose 0.25% of the purchase price from the deposit you paid. You will get back the balance of the deposit though and be free to walk away from the Contract.

This means that someone else has a right to use the land for a specific purpose, even though you have the legal property title. For example, an electricity authority may have a right of way to access your property in order to run power lines and maintain or repair equipment.

If you are buying a new home you may be entitled to this government grant. The amount will depend on the date of the contract to buy the new house. For transactions on or after 1st January 2016 the amount is $10,000. We can advise you about whether you meet the criteria for this grant.

Our experts

Latest from Stacks

images on social media, social media, Facebook, Meta, Instagram, copyright, Copyright Act, terms of service, intellectual property, content, ownership, photo, photography, photographer
14 Mar 2024
Who owns all of the images on social media? All those holiday snaps, happy family memories and eyewitness videos of crazy happenings and crimes that are uploaded daily… Do we ...
Read the full story
industrial manslaughter, negligent, negligence, boss, employer, liable, penalty, death, scaffolding, workplace, construction, safety, worker, employee
08 Mar 2024
Employers found liable for industrial manslaughter could face up to 20 years in jail under tough new negligence laws to come into operation in NSW in 2024. New industrial ...
Read the full story
doli incapax, presumption of innocence, crime, criminal, criminal responsibility, prosecution, offence, reasonable doubt, evidence, guilty, detention, Indigenous
05 Mar 2024
Doli incapax is Latin for “incapable of evil” and stems from the legal notion that humans can be too young to understand what they are doing is wrong when they commit a crime....
Read the full story

Why Stacks Law Firm

What makes Stacks different and why you should choose us.

Stacks is the steady hand you can trust, the lawyers you know. The ones who care about where you’re from, what you’re going through and who treat you like a person, not just another case.

With the attention of one lawyer, backed by the expertise of many, we’re the only legal provider in Australia that gives businesses and everyday people access to expert legal services through a network of reputable local offices.

Legal challenges can feel confusing, even intimidating, but we know what you’re going through, we know the legal terrain, we view your case individually, and we can offer the care, reassurance and expertise to guide you every step of the way.

call us now


No hidden fees
We’ll always be honest and upfront. We’ll look you straight in the eye and agree on a plan before moving forward.

Deep expertise
We know the ropes and our professionals have expertise specific to every legal situation—many are Accredited Specialists.

Practical advice not legalese
We speak clearly and directly, so you understand our advice and can make decisions with confidence.

Network of local offices
We’re local to wherever you are, and our offices are owned and operated by friendly, local professionals, proud of their communities.

Real client care
We genuinely care about our clients. It’s the core of who we are and has been since the first practice was opened by ER Stack on the NSW Mid-North Coast in 1931.

Progressive practise
We make the process easy for you with the latest tech to keep services cost effective—and you in control.



We’ll always be honest and upfront. We’ll look you straight in the eye and agree on a plan before moving forward.
We know the ropes and our professionals have expertise specific to every legal situation—many are Accredited Specialists.
We speak clearly and directly, so you understand our advice and can make decisions with confidence.
We’re local to wherever you are, and our offices are owned and operated by friendly, local professionals, proud of their communities.
We genuinely care about our clients. It’s the core of who we are and has been since the first practice was opened by ER Stack on the NSW Mid-North Coast in 1931.
We make the process easy for you with the latest tech to keep services cost effective—and you in control.

WE’RE HERE TO HELP

Complete the form to contact us today

We’re here to listen to your story anytime. We can help you understand how things work, give you confidence and guide you through your options. We’ll be honest and upfront, agreeing on what you need and how much it will cost. Your enquiry is completely confidential.

Fill out this form and one of our local law professionals will be in contact

By submitting this form you agree to the terms of our Privacy policy