Hanson Property Settlements Perth

We truly love what we do here at Hanson Property Settlements - so receiving beautiful reviews like this one from Viplav means the world to us.

Helping our clients feel supported, informed, and confident through their settlement journey is always our priority. 💛

Thinking of buying or selling in Perth or the South West? Contact us today - we’d love to help make your next move seamless.

🔑 Joint Tenants vs Tenants in Common. What’s the Difference?

When purchasing property with someone else, one of the key decisions you’ll need to make is how you’ll own it together. In conveyancing, this comes down to two options:

👥 Joint Tenants
• You own the property together as one - 50/50 share.
• If one owner passes away, their share automatically transfers to the surviving owner(s).
• Common for couples or family members who want seamless succession.
• Death certificate required for update of title

📑 Tenants in Common
• Each person owns a defined share (which doesn’t have to be equal) e.g. 60/40 or 90/10 share.
• If one owner passes away your share will be passed on through your will.
• Common for friends, investors, or family members who want flexibility with ownership.
• Grant of probate required to update title

⚖️ Choosing the right option depends on your personal circumstances, financial arrangements, and long-term intentions.

👉 Always seek professional advice before making this decisions, it can have important legal and financial implications down the track.

First home buyers, this one's for you! 👀

Let's talk about the FHOG. That $10k bonus the WA government gives you when you buy your first home.

So, what's the catch? First up, it's currently only available for new builds (if you're looking at buying established, google the HBAA grant and the FHOR duty 😉).

There are some rules and criteria you have to stick to, though, to be eligible for the $10k, including...
🏡 You have to move in within 12 months of construction being completed AND then live in it for six months
🏡 You (or your partner) can't have owned a property in Australia and lived in it for at least six months since July 2004
🏡 You can't have received a FHOG or a first home owner duty benefit elsewhere in Australia before
🏡 The total value of the house and land for homes in Perth & the south-west cannot exceed $750,000

These are just some of the criteria, so if you've got a unique circumstance and you're wondering if you qualify, call the team at OSR on 9262 1299 - they're super helpful and across all of these requirements.

And when you find your first home? Call us - we're so excited to get you settled 🥂

Feeling overwhelmed trying to find your dream home? 🫠 You’re not alone! When budgets are tight and options are limited, it’s easy to get stuck and feel like you're on the house-hunting hamster wheel.

So, here’s a tip:
Start by writing down everything you think you want in a home. And we mean EVERYTHING.

Don’t hold back - go big 📝

Then, go back through your list and ask yourself honestly: Would my dream house still work for me if it didn’t have this?

If the answer is no, consider that item a must-have 🙌

From there, use your non-negotiables to filter real estate listings, and seriously consider widening your location or removing less critical filters to open up more possibilities 🏡

We'd love to know what's at the top of your must-have list? 👇

Heard about the Australian Government’s ban on foreign buyers? 🏘️

Yes, the ban is officially in place (until 2027), but here’s what you might not know: there are exemptions still available 🤔

If you're a foreign buyer looking to purchase jointly with your Australian citizen or permanent resident spouse, you're in the clear.
✅ Buying as Joint Tenants (not Tenants in Common) is key here.

There are also exemptions available to New Zealand citizens who hold a special category visa, as well as property developers building more than 20 dwellings on a property.

Bottom line: don’t assume you’re locked out.

If you’re unsure whether the ban applies to your situation, drop us a message or speak to your conveyancer - the rules are nuanced, and advice is essential.