5 Important Things to Consider When Purchasing a Property

5 Important Things to Consider When Purchasing a Property

With the federal election result decided, we have seen an increase in the interest in people looking to list their property for sale and people looking to buy property. For the people looking to buy, there are 5 things that all purchasers should consider when...
Are You An Owner Builder? Know Your Obligations

Are You An Owner Builder? Know Your Obligations

Vendor Statement Disclosure: Owner Builders In recent years, the influx of renovation shows like the Block and House Rules has meant that property owners have got the DIY bug. But did you know, by doing such things as replacing bathroom tiles or fixing a hole in a...
Land Tax Victoria Update: New Tax on Vacant Residential Properties

Land Tax Victoria Update: New Tax on Vacant Residential Properties

Recent changes to Land Tax law may cause you to pay a penalty of at least 1% of land value $10,000 on a million dollar block. Make sure that any house owned by you for investment purposes is not vacant for longer than 6 months. If your investment property is in an...
Embrace e-conveyancing now, it’ll be mandatory January 2019

Embrace e-conveyancing now, it’ll be mandatory January 2019

The law surrounding property transactions continues to evolve. One recent change is mandatory electronic transactions as of 1 January 2019. Whilst the legal industry is generally resistant to change, Phillips & Wilkins is always exploring the endless possibilities...
Why you ought to insure your new house, even prior to settlement

Why you ought to insure your new house, even prior to settlement

Every now and again in this busy and profitable property market we have experienced, a vendor or purchaser or both may be tempted to save money by not renewing insurance in the case of a vendor, or not taking out insurance in the case of a purchaser. The problem is...