Stamp duty Stamp duty, also referred to as ‘transfer duty’, is revenue levied by states on transactions relating to the transfer of land or property. It is paid upfront and needs to be budgeted for, in addition to your loan deposit. The amount of stamp duty you are required to pay differs in each state,… [Read More]
Archives for May 2022
Stamp Duty
Stamp duty Stamp duty, also referred to as ‘transfer duty’, is revenue levied by states on transactions relating to the transfer of land or property. It is paid upfront and needs to be budgeted for, in addition to your loan deposit. The amount of stamp duty you are required to pay differs in each state,… [Read More]
AAPR to PPOR: 13 acronyms you need to know when buying property
Applying for a home loan and trying to climb the property market ladder for the first time can be an intimidating process. The property world has a language of its own, filled with alphabet soup-like jargon like LMI, FHOG and DTI that can make your head spin. For those looking to break into the property… [Read More]