bytherules Conveyancing in Brisbane, Queensland, Australia | Property lawyer

bytherules Conveyancing

Locality: Brisbane, Queensland, Australia

Phone: +61 1300 223 344

Address: 54 Mollison Street 4101 Brisbane, QLD, Australia

Website: http://www.bytherules.com.au

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• Commercial property agent
• Property lawyer

25.01.2022 More great feedback from a happy client who scored us 10 out of a possible 10 on 29 Mar 19. Thank you Sarah for your feedback. "Brendan was so awesome to deal with. "

24.01.2022 BACKYARD BLITZ IN NEW BLUEPRINT FOR BRISBANE: Backyards are back in focus under Brisbane City Councils new blueprint for the city. Lord Mayor Graham Quirk says resident responses gathered during the Plan Your Brisbane campaign had been developed into 40 action items which focused on creating neighbourhoods and protecting backyards and would be implemented over the next 18 months. The council will also introduce a Chief Design Office to implement a design strategy and a new... alert system that would notify residents of proposed developments in their area. In this blueprint, council has committed to putting a stop to townhouses and apartments being built in areas for single homes, and restrict repeated designs for townhouses to ensure the city retains its unique character, Cr Quirk said. Full article: https://www.brisbanetimes.com.au//backyard-blitz-in-new-bl

24.01.2022 Research conducted by ME Bank has shown that the biggest worry for property buyers is getting a home with unforeseen damage, an issue so strong that "forgoing building inspections [is] the biggest mistake they could make." More than four in five survey respondents viewed failing to pay the $500 to $1000 typically required for a building inspection as "a major gamble", and Buyers Agent Nicole Jacobs Property says the concern is warranted. "You wouldnt buy a car without a roa...dworthy, so why wouldnt you (want) to know the health of a property before buying it?" A building inspection provides you with knowledge on what needs to be done (if anything) and what costs there might be, giving you the ability to move forward to settlement with confidence. Full article: http://bit.ly/2KTRJ0O

24.01.2022 At its meeting today, the Reserve Bank of Australia decided to leave the cash rate unchanged at 1.50 per cent. "The low level of interest rates is continuing to support the Australian economy. Further progress in reducing unemployment and having inflation return to target is expected, although this progress is likely to be gradual. Taking account of the available information, the Board judged that holding the stance of monetary policy unchanged at this meeting would be consistent with sustainable growth in the economy and achieving the inflation target over time." - Philip Lowe, Governor, RBA Full article: https://www.rba.gov.au/media-releases/2018/mr-18-16.html

24.01.2022 More great feedback from a happy client who scored us 10 out of a possible 10 on 10 Apr 19. Thank you Margo for your feedback. "Thank you so much! Everything ran so smoothly with the settlement of our property. I appreciate all of your assistance "

23.01.2022 According to Lucy Stone, Australians are taking more innovative steps and coming up with creative ways to get into the property market, with the idea of buying a house with a friend - rather than family or a partner - one that is becoming more popular. Regulations around a co-ownership purchase can be difficult to navigate, however, and while it can be a highly practical concept, it also needs greater understanding and awareness of the risks and potential for conflict. There ...are two legal types of co-ownership: 1. JOINT TENANCY: Traditionally, this is the kind of agreement made when a married or de facto couple purchase a house together, and tenants in common. A joint tenancy means that if one member of the couple dies, the other retains full ownership over the property. 2. TENANTS IN COMMON: A tenants-in-common agreement, however, is more complicated, as each persons name goes onto the title of the property and if one owner dies, their share of the property is settled according to their will. If you are considering a tenants-in-common agreement, contact us so we can help guide you through the risks, possibilities and legal requirements to manage the transaction successfully for all parties. Full article: https://www.brisbanetimes.com.au//creative-ways-to-beat-mo

23.01.2022 More great feedback from a happy client who scored us 10 out of a possible 10 on 18 Apr 19. Thank you Alistair for your feedback. "Brendan Yung has been incredibly thorough, helpful and professional. His help on this has been very much appreciated "

22.01.2022 Selling agent Simon Caulfield of Place Kangaroo Point says there is a clear trend emerging in Brisbane of downsizers favouring security and low maintenance luxury. With time on their side and money to burn, this golden generation of retirees has created a new housing market Baby Boomer downsizers who dont want the simple life, and instead are flocking to inner Brisbane to downsize from their high-maintenance, multimillion-dollar homes to luxury, house-size apartments and townhomes. Full article: https://www.news.com.au///b9a76e7bc1e8154f79e4676d31fcba46

21.01.2022 More great feedback from a happy client who scored us 10 out of a possible 10 on 23 Apr 19. Thank you Diana for your feedback. "I founds Brendan to be more than helpful. A very pleasant gentleman to deal with. He kept me well informed and advised of any problems that needed to be resolved."

20.01.2022 There have been many recent changes in the way property transactions are carried out in Queensland, with more set to come, including: - Increased land tax for absentees - Annual vacancy fee (FIRB) - Foreign resident capital gains withholding threshold drop to $750k and tax increase to 12.5% - Adoption of e-conveyancing through online platforms like PEXA... - GST withholding - Body corporate reform. Click here to read the full article: http://www.mondaq.com//RESIDENTIAL+PROPERTY+LAW+IN+QUEENSL For advice on what it might mean for you, and what you may need to do for your next purchase/sale, contact us today on 0404 526 526 .

19.01.2022 Real Estate Institute of Queensland chief executive Antonia Mercorella says that after five years of booming apartment construction, Brisbane is now entering a new era of game-changing mixed-use development that has the potential to propel the city into a sophisticated lifestyle destination. Full article: https://theurbandeveloper.com//reiq-ceo-antonia-mercorella

18.01.2022 Everything we do, is aimed at making it easier for you! Try our 10 second conveyancing quote - http://bit.ly/10SecQuote

17.01.2022 More great feedback from a happy client who scored us 10 out of a possible 10 on 10 May 19. Thank you Sheila for your feedback. "Everything went very smoothly and efficiently and I live in Noosaville so convenient as well."

17.01.2022 Kate Farrelly from Domain says while putting money on the line for something that doesnt yet exist may sound a little crazy to some, thousands of Australians buy property off the plan every year. Here is her eight step guide to buying an apartment off the plan, from finance and grants to contracts and deposits: https://www.domain.com.au//the-eight-step-guide-to-buying/

15.01.2022 At its meeting today, the RBA Board decided to leave the cash rate unchanged at 1.50 per cent. "The low level of interest rates is continuing to support the Australian economy. Further progress in reducing unemployment and having inflation return to target is expected, although this progress is likely to be gradual. Taking account of the available information, the Board judged that holding the stance of monetary policy unchanged at this meeting would be consistent with sustainable growth in the economy and achieving the inflation target over time." - Philip Lowe, Governor.

15.01.2022 A dad has narrowly avoided buying a house with extreme levels of meth contamination highlighting a huge invisible health and financial risk. If youd like to know more, and particularly how you can avoid this happening to you, contact us today on 0404 526 526 or email [email protected] to get the facts now! Full article: https://www.realestate.com.au//dad-dodges-extreme-meth-co/

15.01.2022 According to CoreLogics research analyst Cameron Kusher, Brisbane may be the only major capital to record a lift in dwelling values over the month." This comes as the latest Housing Industry Association Residential Land report out Friday found per square metre Brisbane lots were cheaper to buy ($572sqm) than all major capitals except Hobart ($221sqm), with Sydney at $1,120 sqm, Melbourne $832 sqm, Perth $751 sqm and Adelaide $572 sqm. Full article: https://www.news.com.au///a6fb75eaec684f17e7e98d1c796b1bf5

15.01.2022 According to a recent SQM Research report, rental vacancy rates in Sydney are at a 13-year high, but what does this mean for investors? Tim McIntyre from News Corp Australia believes it may mean the best time to invest in Sydney has passed, while cities like Brisbane and Perth are now potentially offering better value. Full article: https://www.dailytelegraph.com.au//66a44b205c0f5d001d3d1ce

12.01.2022 According to the Real Estate Institute of Queensland, Brisbane house prices are continuing to grow, with new figures revealing they have hit a record high, and the outlook for sellers isnt looking too bad either. REIQ CEO Antonia Mercorella says the growth demonstrates admirable resilience in the local market. She says the price rise has been buoyed by steady population growth, strong demand and a lack of new listings. Full article: https://www.news.com.au///77c014782d45c2aab0d4e28bb8d7fa37

12.01.2022 bytherules is proud to be Queenslands first firm to settle an As Trustee Purchase Settlement via PEXAs e-conveyancing platform! If you would like to know how it went, this is the feedback: Definitely recommend using PEXA for As Trustee settlements. It was soooooo much easier than doing it via paper! If youd like to know more about how to settle your property purchase online, contact us today. Were always happy to answer your questions!

10.01.2022 DID YOU KNOW ... On 1 July 2018, changes in GST requirements at settlement came into effect. Below are some key points for you to note, but if you are unsure, contact us today on 0404 526 526 or send us a message and we will be happy to answer any questions and guide you along the way. Q. Who do these changes affect? A. Purchasers of new residential premises or potential residential land i.e. off the plan (OTP).... Q. Will it affect sales of existing residential properties or the sales of new or existing commercial properties? A. No. Q. Does it affect contracts dated pre-1 July 2018? A. Yes. The changes apply to land contracts entered into after 1 July 2018 as well as contracts entered into prior to 1 July 2018 but settling on or after 1 July 2020. Q. What do these changes mean in terms of GST liability? A. These changes amend the process for collection of GST, but does not alter the GST liability. Q. What will purchasers need to do as a result of these changes? A. Purchasers will need to pay the GST component of the contract directly to the ATO, rather than to the vendor. Full article: https://www.ato.gov.au//A/GST-property-settlement-changes/

09.01.2022 Falling in love can happen at any age, including as we get older and supposedly wiser. Unlike marriage in your twenties and thirties, tying the knot at a later age may come with significant financial risk. Did you know that, unless a contrary intention is shown in your Will, your divorce or annulment of marriage revokes the following: - Any beneficial interest your former spouse had under the Will; - Any appointment of your former spouse as executor, trustee or guardian unde...r the Will; and - Any grant of a power of appointment exercisable by or in favour of your former spouse. Your Will would then take effect as if your former spouse had died before you. However, in Queensland, divorce or annulment of marriage does NOT revoke: - Appointment of your former spouse as trustee of property left by the Will on trust for beneficiaries that include your former spouses children; or - Grant or power of appointment exercisable by your former spouse only in favour of children of whom you are both parents. Whether you are getting married or divorced you should obtain legal advice as close to the event as possible to discuss the legal implications and effects on your estate planning. Contact us 7 days a week on 1300 22 33 44 or complete our online query: https://www.bytherules.com.au/wills/.

09.01.2022 Youve finally found that perfect piece of property, your deposit is ready, and you even have pre-approval from your bank - what now? Buying a property can be a potential minefield if you dont know what you are doing, which is why our conveyancing team is here to act on your behalf and guide you through all the steps required to ensure the property is transferred into your name correctly at settlement. Benefits of hiring a conveyancer include:... - extensive knowledge and familiarity with Queensland laws on the purchase, transfer and sale of property - having someone to discuss all the elements of your Contract of Sale so you are aware of any risks - professional completion of all documents associated with the property transfer - having someone who is there to make your purchase so much easier. If youd like to find out more or have any questions about the process, contact us today. We are here to answer all your questions and guide you through this exciting process!

08.01.2022 HOW TO AVOID SETTLEMENT DELAYS: Are you struggling to understand the settlement process? You arent alone, and we are here to help! According to GlobalX, 80 per cent of buyers dont understand how the property settlement process works, which can lead to major delays in homes changing hands.... As a country, we see property ownership as the Australian dream, but it seems those who dream about owning a home dont recognise the importance of properly understanding the process," says GlobalX chief executive Peter Maloney. If they did, he said, they could avoid unnecessary hold-ups simply by conducting proper due-diligence and having all the required documents. Dont be afraid to ask your lawyer or conveyancer to explain things to you more than once and ask plenty of questions, he said. If youre not sure what to expect throughout the process and have questions youd like answered, call us direct on 0404 526 526 - were always happy to help! Full article: http://www.news.com.au//n/1695d3dc3bf616b425ba7a29d28bda6f

08.01.2022 Suzanne Toumbourou from The Fifth Estate believes that homebuyers and tenants are wising up to the fact that energy-efficient buildings will save them money, with Choice Australia - who speak to a vast consumer audience throughout the country - also producing a "Guide to energy-efficient homes that save money". This is aimed not just at homebuyers but also renters. The Australian Sustainable Built Environment Council (ASBEC)s report The Bottom Line, produced in partnership w...ith ClimateWorks Australia, has also crunched the numbers to show that implementing stronger energy efficiency measures for new buildings could save every household $150 a year. Read Choice Australias report here: https://www.choice.com.au//how-to-spot-an-energy-efficient. Full article: https://www.thefifthestate.com.au//as-costs-rise-aus/99073

06.01.2022 More great feedback from a happy client who scored us 10 out of a possible 10 on 02 May 19. Thank you Robert for your feedback. "Brendan was outstanding and took our anxiety totally out of the equation. Efficient and really excellent communication during the sale process. Excellent advice when we sought clarification. "

06.01.2022 When it comes to buying or selling your house, its important to have the right legal support behind you. How important? VERY, with a New Zealand man discovering he doesnt actually own the house he purchased in 2012 - in fact, he owns his neighbours. At bytherules, we make conveyancing incredibly easy. Contact us today on 0404 526 526 - were always happy to help! Full article: https://www.qt.com.au//new-zealand-man-discovers-/3429307/

05.01.2022 Brett Warren from propertyupdate.com.au says Brisbanes housing market is performing strongly, with almost a dozen suburbs hitting double digit price growth. Overseas migrants saw Brisbane as the place to be, bringing 12,847 residents into the city, followed by the Gold Coast and Moreton Bay. Queensland has now become the number-one destination for internal migration, taking over from Victoria, and overseas migration is at its highest level in years. Full article: https://propertyupdate.com.au/brisbanes-property-market-pe/

04.01.2022 People do not like thinking about death and the effects it has on those they leave behind, but it is something that has to be faced eventually. It is natural that you should wish your property and assets to pass on your death to whomever you choose. By making a will you can ensure that your assets go to those you wish should have them. Buying or Selling a property is an excellent time to think about a new will or reviewing an existing will. Contact us 7 days a week on 1300 22 33 44 or complete our online query: https://www.bytherules.com.au/wills/

04.01.2022 Realestate.com.aus executive director of financial services Andrew Russell says having conditional pre-approval - an indication from your lender on what youre eligible to borrow - can "help you skip ahead of the crowded competition" and alleviate some of the stress of buying a home by knowing exactly how much money you have to spend on your dream property purchase. Unsure of the difference between conditional and unconditional pre-approval? Here is a quick overview, but... if ever in doubt, check with your mortgage broker or ask one of our friendly conveyancers: - CONDITIONAL PRE-APPROVAL requires you to provide a lender or mortgage broker with paperwork including personal details, living expenses, deposit size and income and living expenses so the bank can clearly determine what they are willing to lend. But be aware this is not formal approval just yet - instead its a guide to what you can borrow. - UNCONDITIONAL APPROVAL is when a bank looks at all the paperwork relating to the loan application and property and can give you finance for that particular property. Full article: https://www.sunshinecoastdaily.com.au//conditiona/3438721/

03.01.2022 INTEREST RATE UPDATE: The Reserve Bank of Australia - RBA has kept the official cash rate on hold at its record low of 1.5%, extending the longest ever streak without a change. Full article: https://www.news.com.au///dc2e9e21e9c93ba3fc1f545b29c35e4d

03.01.2022 More great feedback from a happy client who scored us 10 out of a possible 10 on 25 Apr 19. Thank you Maureen for your feedback. "I found Brendan very professional and helpful with the sale. "

01.01.2022 When it comes to the property market, one could be forgiven for saying Queensland has already won the State of Origin, with even realestate.com.aus Chief Economist admitting that Queensland has it over NSW in the property stakes, despite living in NSW herself. As NSW and Queensland prepare to go head to head to battle it out for the crown of rugby league glory, its not just on the playing field that the states proclaim their superiority the competition extends to the hous...ing market. Some Sydneysiders couldnt bear the thought of living anywhere other than the heart of their beloved city and they pay a princely sum for doing so. But venture north to Brisbane and things are decidedly more attractive for property buyers who want a little more bang for their buck. Full article: https://www.news.com.au///83a653de7b9f23824d5624a8d8f3012b