this post was submitted on 07 Aug 2023
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AusFinance

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Planning to buy a house but not sure where to start. Any help is really appreciated.

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[–] [email protected] 2 points 1 year ago (1 children)

How much do brokers and conveyancer normally charge ?

[–] [email protected] 3 points 1 year ago (1 children)

A broker will cost you nothing as your lender will pay them once the loan is established. Another advantage of a broker is a couple of years down the track you can ask them to find you a better interest rate with minimal fuss. As for legal cost I’m not 100% what the going rate is these days. I would expect somewhere between $500-$2000. As the above comment said, a good legal firm is probably not going to be the cheapest. Definitely worth paying for expertise. It’s a small cost in the grand scheme.

[–] [email protected] 2 points 1 year ago* (last edited 1 year ago)

Conveyancer cost me about 1k when I bought 10+ years ago