First Class Legal

20/03/17: Channel 9 news story

Filed under: First Class Legal News

Technology is helping to relieve the stress of the settlement process for home-buyers. @DougalBeatty in #9News pic.twitter.com/K4moWUgqbN — Nine News Melbourne (@9NewsMelb) March 18, 2017 Watch this segment and see how electronic settlement saves stress and removes obstacles to settlement. All settlements in Victoria will happen this way in two years (August 2019) but we have been early and frequent users of this superior system #nomorebankcheques #nomorepaper #property #thefutureishere

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07/03/17: Off the plan stamp duty concession to be restricted!

Filed under: Industry News

There was a lot of media over the weekend about savings to stamp duty but one measure was hidden in the detail: From 1 July 2017, the off the plan stamp duty concession will only be available for those who qualify for the principal place of residence stamp duty concession or the first home buyer stamp duty exemption/concession. The concession will no longer be available for other purchases, such as residential investment properties and commercial […]

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06/03/17: Conveyancing never sleeps!

Filed under: Industry News

What a few days it has been for changes to Melbourne property! 1 JULY 2017 – new stamp duty savings for First Home Buyers. A home (new or existing) will be stamp duty free if the price is under $600,000. There is a reduced sliding scale until $750,000 when full stamp duty kicks in. If a first home buyer is buying a new home in a rural area, then the First Home Owners’ Grant doubles […]

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04/03/17: 1 August 2019 – the date the Victorian Land Registry is working towards for 100% digital lodgement

Filed under: Industry News

      What does 100% digital lodgement mean? It means that all settlements will be electronic and not paper. If you want to know more about this, contact one of our offices. If your conveyancer/solicitor is not a subscriber to PEXA (the body which facilitates electronic settlements) and is still clinging to the security blanket of paper and bulky files, talk to us! #digitaltransformation

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03/03/17: It’s settled. Digital wins in property sales.

Filed under: First Class Legal News

Lightning quick property settlement is the way of the future for buyers and sellers. “The benefits of digital contracts of sale and property settlements are accuracy and speed,” says First Class Legal’s managing director, Andrew Jarrett. Article continued here: http://firstclasslegal.com.au/pdf/TheAge-LegalServices-DigitalWinsInPropertySales-030317.pdf (As printed in Melbourne’s The Age newspaper – Friday 3rd of March 2017)

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