Property & Legal Requirements
Do I need to get a solicitor?
Yes, once you have found a property you would like to buy, you will need to engage a solicitor or conveyancing professional to complete your conveyancing. You’ll be responsible for all your legal costs in purchasing the property. It’s important to ...
Do I need to have insurance?
Yes, house insurance will be required on the property. You are required to insure the property for its full replacement value with no exclusions or restrictions. “Simplicity Investment Management Limited” needs to be noted on the policy as an ...
Can I buy at auction?
Usually, buying a property at auction is unconditional. If you were to buy the property at auction we would still need to obtain a valuation to finalise your loan. Therefore, you would need to be certain that the property's value is at least what you ...
Will the property need to be valued?
Yes, all first home loans (including refinancing) will require a registered valuation addressed to Simplicity Investment Management Limited. We will arrange the valuation with our approved valuer and you will be responsible for paying them. The cost ...