Browse Forums Building A New House Re: Fairwater in Blacktown by Australand 651Apr 20, 2016 4:47 pm I havent settled as of yet...If anything I will be getting my Pre settlement call anywhere in the 2nd week of May....I hope so...I will be definately getting a Building Inspector...havent decided which one as of yet. Re: Fairwater in Blacktown by Australand 652Apr 21, 2016 10:22 am Navman1986 I havent settled as of yet...If anything I will be getting my Pre settlement call anywhere in the 2nd week of May....I hope so...I will be definately getting a Building Inspector...havent decided which one as of yet. What is the communication they have had with you? Just general email saying the settlements have started for your release? Re: Fairwater in Blacktown by Australand 653Apr 21, 2016 10:32 am Binca Navman1986 I havent settled as of yet...If anything I will be getting my Pre settlement call anywhere in the 2nd week of May....I hope so...I will be definately getting a Building Inspector...havent decided which one as of yet. What is the communication they have had with you? Just general email saying the settlements have started for your release? They sent a letter initially stating that Pre Settlement Inspections will be around 1st and 15th May...but when I called them they said it would not happen untill mid May...but it was not confirmed. Re: Fairwater in Blacktown by Australand 654Apr 22, 2016 3:06 pm @Navman: Since it will be 15 months past the date your contract was signed (Jan 2015) , will you be paying your stamp duty before your property settlement? My solicitor had told we had to either pay stamp duty at settlement or 15 months from the date of contract which ever occurs earlier. Re: Fairwater in Blacktown by Australand 655Apr 22, 2016 3:11 pm Binca @Navman: Since it will be 15 months past the date your contract was signed (Jan 2015) , will you be paying your stamp duty before your property settlement? My solicitor had told we had to either pay stamp duty at settlement or 15 months from the date of contract which ever occurs earlier. Yes I'll be paying it by 30th April 2016....Filling forms at the moment. Confirmed my address from Customer Team my lot 1125 would be 14 Buckley Aveneue. Re: Fairwater in Blacktown by Australand 656Apr 22, 2016 3:12 pm if your 15 months is up before your settlement date then you have to pay your stamp duties before settlement, or else you start to incur interest on a daily basis. Not sure of the rate. This is what our solicitor told us. Re: Fairwater in Blacktown by Australand 657Apr 22, 2016 3:17 pm Navman1986 Binca @Navman: Since it will be 15 months past the date your contract was signed (Jan 2015) , will you be paying your stamp duty before your property settlement? My solicitor had told we had to either pay stamp duty at settlement or 15 months from the date of contract which ever occurs earlier. Yes I'll be paying it by 30th April 2016....Filling forms at the moment. Confirmed my address from Customer Team my lot 1125 would be 14 Buckley Aveneue. Thanks for responding. The Address seems to be different from lot numbers - the premier collection houses seem to have the same address as lot numbers. Also do you guys have to access the lakeview properties from the fairwater boulevard or are they going to open the road in front of the display homes? Re: Fairwater in Blacktown by Australand 658Apr 22, 2016 3:20 pm DASI if your 15 months is up before your settlement date then you have to pay your stamp duties before settlement, or else you start to incur interest on a daily basis. Not sure of the rate. This is what our solicitor told us. We might need to pay ours by August 9th if we do not settle before that. If the lakeview homes are going to continue settlement until end of May I doubt them settling any Greenbank homes in June as they have stated in their update! Re: Fairwater in Blacktown by Australand 659Apr 22, 2016 3:30 pm Binca DASI if your 15 months is up before your settlement date then you have to pay your stamp duties before settlement, or else you start to incur interest on a daily basis. Not sure of the rate. This is what our solicitor told us. We might need to pay ours by August 9th if we do not settle before that. If the lakeview homes are going to continue settlement until end of May I doubt them settling any Greenbank homes in June as they have stated in their update! Yes agree, my solicitor has already sent me a letter saying to have the stamp duty funds prepared and delivered in bank cheque format to their office by 1 August (although it is only due on 9 August)...I just checked the letter again and it says "if stamp duties are paid after 15 months time then the interest rate is 10.75% p.a on a daily basis..Should you prefer to pay the stamp duty on settlement (if within the 15 month period) please advise our Office of this matter but bear in mind additional charges may be applicable". I have a funny feeling the next update we receive will state that greenbank collection settlement will commence from July onwards |