Wine Country

Financial services

Local Insight with Big Bank Experience

Property Purchase

Purchasing Property

Expert Guidance in Purchasing Property in Newcastle and the Hunter Valley

Here at Wine Country Financial Services, we are your trusted partner in navigating the process of purchasing property in Newcastle and the Hunter Valley.

We understand that purchasing a property is more than just a transaction; it’s a major lifetime achievement. Our dedicated team offers unparalleled local knowledge and personalised service to ensure you aren’t just purchasing a house, but a home.

Ready to take the first step towards your own dream property in Newcastle or the Hunter Valley? Get in touch with us today.


Making Your Property Purchase Smooth and Secure

For most people from Newcastle and the Hunter Valley, purchasing property is the single largest transaction you will make in your lifetime.

While some fortunate few people get to do it more than once, no matter how many times you get to purchase property, the correct application of skill and understanding by us, your mortgage broker, is the best way to make the most of such a momentous event in your lifetime.

A transaction of this nature demands an understanding of the components that make it work. Let’s take a look at what you need to consider:

Lenders Mortgage Insurance

When a customer’s loan-to-value ratio (LVR) exceeds 80%, a Lenders Mortgage Insurance (LMI) premium is often required.

This is an insurance policy, payable by the customer, to protect the lender against the risk of loss in the event of default of the mortgage.

The reason this kicks in above 80% is due to the limited equity remaining in the property. So, if the loan is high when compared to the value of the property, the lender claims on this policy to ensure they are not out of pocket when they sell the property to reclaim the capital lent to you for your mortgage.

Legal Representation

When you purchase a property, you will need to engage legal representation (unless you choose to represent yourself; however, this has many limitations).

A solicitor or conveyancer is your ideal liaison to help manage the negotiation of property sale matters on both the purchasing and selling side.

You would typically budget between $1,500 – $2,500 in costs per transaction for representation.

We have some trusted conveyancers in our network that we would be more than happy to introduce you to, and they will do a wonderful job for you.

Purchasing Property


Rule Number 1 – You need liquidity to make your contribution toward your purchase so that the lender will fund the rest.

Generally speaking, a lender needs to see available funds of at least 5% of the purchase price to lend you up to 95% of the property’s value.

For first home buyers, their 5% is usually saved up over time (lenders like to see it held for 3 months before an application is made for finance).

However, for repeat purchasers, we see their deposits coming from broader resources, such as equity in their other properties, which can be leveraged to support the new purchase.

While for Self-Managed Super Fund purchases, your super fund balance is the source of the deposit – read more about this on our SMSF page.

Mortgage Broker

Transfer Duty

formerly known as Stamp Duty

This is a government duty imposed when you purchase property or acquire property by way of transfer.

There are initiatives to reduce or waive this duty for certain parties, such as first home buyers.

More information about duties, their concessions and applications for purchasing property in New South Wales can be found here, or reach out to us to discuss. 

We are your liaison between all parties to your purchase – you, the bank, the legal team and the selling agent. We glue all the pieces together with our expertise, so all you need to do is enjoy the process of becoming a home owner or property investor. In having a hand in countless purchases over the years, there is no problem we can’t solve, and we pride ourselves on guiding you through this process and keeping you fully updated at all times.

Our process is thoughtful and complete, so much so that we can even get you a competitive quote on your home & contents insurance, so there is no stone left unturned.

Curious? Let's Talk

Contact Us

Let’s discuss your dream of purchasing your own property.

We understand your time is valuable, so we’ll come to you. Get in touch, and we’ll organise a time to meet with you.

Our Service Areas Include:

  • Newcastle
  • Cessnock
  • Maitland
  • Singleton
  • And the surrounding areas

Wine Country Finacial Services is your local trusted Hunter Valley and Newcastle Mortgage Broker and Financial Solutions Provider.

0439 225 945