In particular we focus on getting the loan structure right the first time, choosing which lenders to use in the right order (yes this is important) and finally getting our clients the best deal possible.
In NSW, stamp duty is calculated on the higher of the property's sale price or its current market value. Stamp duty is calculated on a sliding scale, similar to income tax, so the more expensive the property, the higher the stamp duty.
These normal rates, however, do not apply to all property transactions, particularly for first-time purchasers who are under the property price cap up to $800,000, for those between $800,000 and $1,000,000 may be eligible for a concessional rate.
