What is LVR?

March 2, 2024

Loan to Value Ratio (LVR) is the ratio of the loan amount compared to the property's value. The LVR will affect your interest rate and borrowing capacity. For example, if you are purchasing a property for $1,000,000 and your loan amount is $800,000, your LVR is 80%.

< Older Post

Newer Post >

6 Easy Steps To Selling Property — Conveii in Figtree, NSW

Selling a Property - Easy 6 Step Guide

March 2, 2024

Step 1

What is Mortage — Conveii in Figtree, NSW

What is a Mortgage?

March 2, 2024

A mortgage is a loan provided by a lender (usually a bank) with the title to a property or several properties held as security for repayment of the loan on the conditions set out in the loan documents. Mortgages are subj...

Property Exchange Australia — Conveii in Figtree, NSW

What is PEXA?

March 2, 2024

PEXA stands for ‘Property Exchange Australia’. It is an electronic platform used by legal practitioners to complete settlement of conveyancing matters and lodge documents for registration with the land titles office. PEX...

What is Stamp Duty?

March 2, 2024

Stamp duty is a government tax collected by NSW Revenue, generally imposed on purchasers of property. The stamp duty amount depends on various factors including but not limited to the purchase price, contract date and re...