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Conveyancing fees can run up to more than $1,000 for a straightforward transaction and more than $2,000 for more complicated transactions. With fees like these it’s easy to see the allure of do-it-yourself conveyancing kits.
Doing your own conveyancing is risky. The information on this page can help you research your options and make a decision for yourself. But please keep in mind that conveyancing is complicated and the consequences of not doing it properly can be costly.
Before you jump into doing your own conveyancing, you should first consider all the processes and procedures involved and whether you feel comfortable doing them.
Below are a list of actions usually undertaken during conveyancing:
As simple and straightforward as the above processes may seem, there are benefits to enlisting the aid of a professional, especially during the stressful time of purchasing or selling a property.
The biggest consideration that may affect your decision to undertake conveyancing yourself is the cost. There are multiple costs associated with conveyancing when buying or selling a property:
DIY conveyancing kits:
Many of the certificates related to the property, such as drainage plans and sewerage, are often included in the contract for sale and in some states their inclusion is required by law. A conveyancer will charge you for these searches and disbursements on top of their fixed fee, so your savings may end up only being minimal.
There are a range of DIY conveyancing kits available, both online and in stores such as the post office. A good kit should contain:
Step-by-step instructions on what to do. Make sure the kit you are using has detailed instructions on what is needed to be done throughout the conveyancing process and that you understand the explanations given.
If you can’t afford the costs of a professional and want greater control over the settlement process, a DIY conveyancing kit could be just the option for you.
Image: Shutterstock
Jodie Humphries was a social media manager, producer and writer at Finder.
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If we go ahead with a conveyancer, and our property doesn’t sell, how much will the conveyancer charge us?
Hi Janelle,
Thanks for reaching out.
While we are unable to tell you the cost that a conveyancer will charge in the event that your property doesn’t sell, as that will entirely depend on the cost of services they charge, a good conveyancer will usually be up-front about their fees and charges so it would be best to check this before you start working with them. If you need their service, you head to the link above to compare your options and to check the affordable conveyancing services available.
Cheers,
May
I want to sell my land up in QLD (proston)
How much is your fixed fee?
Please advise.
Hi Steph!
Thanks for leaving a message on our page.
A conveyancer’s fixed fee is around $500-$1,200
More information on other related fees can be found on the information above. Hope this helps!
Nikki